Phillips 66-Conoco 76 Platinum MasterCard Review
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You earn 4% back on gas purchases at the company's stations, and up to 1% on everything else.
Who the Phillips 66-Conoco 76 Platinum MasterCard Is For
About the Phillips 66-Conoco 76 Platinum MasterCard
Credit Rating Required
Fair and up (660+).
Pros
Cons
Rewards
APRs
Fees
Phillips 66-Conoco 76 Platinum MasterCard Review
Four percent off gasoline purchases may not sound like much, but remember, it's better than nothing. Besides, how many credit cards give you 4% back on anything?
The only other card on the market that gives back more is the Target REDcard, which gives you 5% off all your purchases at Target stores. However, that card can only be used at Target.
You earn 4% back on gasoline purchases at Phillips 66, Conoco and 76 gas stations nationwide. In addition, you earn 0.5% on your first $5,000 of purchases, 1% on everything over that.
Not great, but not bad either, considering you get 4% back on your gas purchases.
However, you don't earn any rebates if you use the card at competing gas stations or for business or commercial use.
Redeeming your rewards is easy and automatic. Any rebates you earn appear automatically on your billing statement and are applied as a credit against future gasoline purchases. You can earn up to $50 in rebates each billing cycle.
However, rebates expire if not redeemed within six months after they are earned, so this card is really for loyal Phillips and Conoco customers.
Recommendation
If you gas up a lot at Phillips 66 and Conoco 76 stations, this card helps you defray at least some of the cost of higher gas prices. Four percent back is a pretty rich reward, even it's restricted to your gas purchases.
Visit Their Website
Visit Their Website
You earn 4% back on gas purchases at the company's stations, and up to 1% on everything else.
Who the Phillips 66-Conoco 76 Platinum MasterCard Is For
- People who want to earn rewards on their Phillips 66 and Conoco 76 gasoline purchases.
About the Phillips 66-Conoco 76 Platinum MasterCard
Credit Rating Required
Fair and up (660+).
Pros
- Good rewards program.
- Automatic rewards redemptions.
Cons
- No rewards at competing gas stations.
- Rewards expire quickly if you don't keep using the card.
- High APRs.
Rewards
- 4% back on purchases at Phillips 66 and Conoco 76 gas stations.
- Up to 1% on all other purchases.
APRs
- 19.99% on purchases and balances transfers for the Phillips 66-Conoco-76 Platinum MasterCard.
- 23.9% for the Phillips 66-Conoco-76 MasterCard.
- Penalty interest rate: 29.9%.
Fees
- Annual fee: None.
- Late payment fee: Up to $35.
- Return check or payment fee: $35.
- Balance transfer fee: 3%.
Phillips 66-Conoco 76 Platinum MasterCard Review
Four percent off gasoline purchases may not sound like much, but remember, it's better than nothing. Besides, how many credit cards give you 4% back on anything?
The only other card on the market that gives back more is the Target REDcard, which gives you 5% off all your purchases at Target stores. However, that card can only be used at Target.
You earn 4% back on gasoline purchases at Phillips 66, Conoco and 76 gas stations nationwide. In addition, you earn 0.5% on your first $5,000 of purchases, 1% on everything over that.
Not great, but not bad either, considering you get 4% back on your gas purchases.
However, you don't earn any rebates if you use the card at competing gas stations or for business or commercial use.
Redeeming your rewards is easy and automatic. Any rebates you earn appear automatically on your billing statement and are applied as a credit against future gasoline purchases. You can earn up to $50 in rebates each billing cycle.
However, rebates expire if not redeemed within six months after they are earned, so this card is really for loyal Phillips and Conoco customers.
Recommendation
If you gas up a lot at Phillips 66 and Conoco 76 stations, this card helps you defray at least some of the cost of higher gas prices. Four percent back is a pretty rich reward, even it's restricted to your gas purchases.
Visit Their Website
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