bp credit card synchrony credit card comparison

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If you're considering applying for a BP credit card, you might be wondering how it compares to other credit cards. One thing to consider is the issuer, as the BP credit card is actually issued by Synchrony Bank. This means that the card's benefits and features are similar to those of other Synchrony credit cards.

The BP credit card offers a 0% introductory APR for 6-12 billing cycles, depending on the card. This can be a great perk for those who need to make a large purchase or consolidate debt. Additionally, the card has a variable APR of 26.99% or higher after the introductory period ends.

One of the main benefits of the BP credit card is its rewards program, which offers 3-5% cash back on certain purchases. This can add up quickly, especially for frequent gas buyers. The cash back rewards are also redeemable for statement credits, which can be a convenient way to use the rewards.

BP Credit Card Partnership

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Synchrony Financial and BP have partnered to provide a private label credit card and co-branded credit programs for consumers nationwide.

The new BP credit card programs will launch in the second quarter of 2015 and will include the BP private-label credit card and co-branded options for qualifying customers.

Synchrony Financial is one of the premier consumer financial services companies in the United States, with 80 years of retail heritage and roots in consumer finance tracing back to 1932.

The BP credit card programs will provide additional card utility, allowing customers to use their card for purchases at over 7,000 BP locations as well as other retail locations.

Synchrony Financial has deep experience in the oil and gas and retail industries, which will benefit the partnership with BP.

The new credit card programs will offer customers valuable rewards and the convenience of a dedicated line of credit to use for all of their fuel, service, and convenience store purchases.

In fact, 71% of Synchrony cardholders feel that customer financing options make large purchases more affordable.

Synchrony Financial provides a range of credit products through programs established with national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers.

Card Benefits

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The bp credit card from Synchrony offers a range of benefits to its users.

You can earn rewards points on every purchase you make with your bp credit card, which can be redeemed for cash back, gift cards, or other rewards.

Having a bp credit card can also give you exclusive access to special promotions and discounts at bp gas stations.

By using your bp credit card for fuel purchases, you can earn 5 cents off per gallon on every fill-up.

You can also use your bp credit card to pay for fuel at participating bp Amoco and ARCO stations.

Card Review

The Synchrony BP Visa Card has recently taken over from Chase, and it's definitely worth a second look. This change may have flown under the radar, but it's a significant shift that could impact your gas savings.

Synchrony Bank has taken the reins from Chase, and the card's benefits are now being handled by a smaller company. This change may not seem like a big deal, but it could have a significant impact on the card's overall value.

The card currently offers a $0.25 off per gallon discount for all spend for 90 days, which could lead to some huge gas savings for frequent drivers. This promotion is definitely a tempting offer, but it's worth considering whether it's worth the overall cost of the card.

Curious to learn more? Check out: Is Synchrony a Good Credit Card

Sign-Up Bonus

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The sign-up bonus is where this card really shines. It's a great incentive to get you started.

You can earn 25ยข off per gallon for every $100 you spend everywhere Visa credit cards are accepted for the first 90 days, excluding non-BP gas stations.

A $500 Visa gift card with a $3.95 fee generates roughly $1.25 off per gallon up to 20 gallons or a total of $25 off. That's a pretty amazing sign-up bonus.

If you are able to use the full amount and if your BP station is priced competitively, you can get a total of $25 off.

Visa Card Review

The Synchrony BP Visa Card is a great option for those who frequently fill up at BP or Amoco gas stations. It offers a $0.25 discount per gallon for all spend for 90 days, which can add up quickly.

This card has a no annual fee, making it essentially free money to put back in your pocket for every purchase, primarily on gas and groceries. The BPme app is user-friendly and convenient, making it easy to link your card and earn bonus discounts.

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The BP Visa offers surprising versatility as a cash back card, making it a great option for those who don't already have one. Earnings are automatically applied as statement credit, eliminating the need to keep track of points or activate rewards.

However, if you don't have a BP or Amoco gas station nearby, this card may not be worth it. Unless you drive long distances, you may not encounter one often enough to make it worthwhile.

Check this out: Credit Cards Not Working

Synchrony Ratings

Synchrony has received a 4/5 rating from BestCards, indicating a high level of satisfaction from cardholders.

The Better Business Bureau has given Synchrony a 2.5/5 rating, suggesting some areas for improvement.

TrustPilot has rated Synchrony 3/5, indicating a neutral experience for many users.

Here's a quick summary of the expert reviews:

Synchrony Bank Limitations

Synchrony Bank isn't always the easiest to work with.

Some people have reported being given small credit lines, which could make this card tough for MS.

You can find the full terms of the program along with an application here.

Doctor of Credit also has a full review of this card that is worth reading if you are seeking more information.

Frequently Asked Questions

What bank issues a bp credit card?

The BP credit card is issued by First National Bank of Omaha. This bank partners with BP to offer a unique co-branded credit card experience.

Is synchrony a major credit card?

Synchrony is a major credit card provider in the U.S., offering private-label credit cards for top brands like Amazon and Lowe's. With a large portfolio of partner brands, Synchrony is a significant player in the credit card industry.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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