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November 2, 2004 05:02 AM

Gas Cutter


Excerpt: East Coast SUV owners will love a new credit card that gives 10% cash back on gas purchases for the first 90 days, and 5% thereafter.

　 　

East Coast SUV owners will love a new credit card that gives 10% cash back on gas purchases for the first 90 days, and 5% thereafter. With pump prices well above $2 per gallon, the new "HESS VISA Platinum" card can cut $5 or more off each fill-up during the upcoming holiday season, enough for a "Big 'n Nasty" meal at the local Mickey Dees. Besides the gas cash back, the card offers a 1% rebate on all other purchases. The current interest rate varies between 11.74% and 17.74%, depending on credit risk. There is no annual fee. The new card is a product of a partnership between Amerada Hess and Chase. Chase has extensive experience with gas partnerships since it was the first issuer of the "Shell MasterCard" and the current issuer of the "Marathon Platinum MasterCard." Shell also offers the "PerfectCard" which features a generous rebate on gas purchases regardless of the brand. Hess has more than 1,250 locations in 14 states on the East Coast. For more info visit: www.hesscard.com/hess.

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Card Debt (November 22, 2004)
While 185 million Americans have at least one credit card, only 144 million consumers have at least one bank credit card. Over the past 10 years the average revolving bank credit card balance per carded American household has more than doubled from $2,942 to $7,519 ...
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When Ed Schwebel was whittling down his mound of credit card debt at an interest rate of 9.2 percent, the MBNA Corporation had a happy and profitable customer. But this summer, when MBNA suddenly doubled the rate on his account, Mr. Schwebel joined the growing ...
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Read all 26 posts in the same category of Credit/Credit Card:

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American Express, Citi Ink Deal - Dec 26, 2004
Citigroup Says It Will Issue American Express Cards - Dec 17, 2004
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Credit Cards Offer Safety In Buying Online - Dec 06, 2004
How to Deal With Your Debts - Dec 04, 2004
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High Court Sets Truth In Lending Limit - Dec 02, 2004
Free Credit Reports May Reveal Surprises - Dec 01, 2004
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What to Do About Your Credit - Nov 29, 2004
A Generation Weighed Down By Debt - Nov 28, 2004
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Free Credit Report Details Announced - Nov 25, 2004
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Free Credit Reports Are On The Way - Nov 23, 2004
Card Debt - Nov 22, 2004
Soaring Interest Compounds Credit Card Pain for Millions - Nov 20, 2004
Payment Rates - Nov 02, 2004