Credit Card Profile: Citibank BP MasterCard
July 13, 2009
It might be nice knowing you can finance an occasional large purchase with your credit card, but what about all of the little day-to-day items you purchase which can really add up? The Citibank BP credit card (or BP-Citi card) is designed to specifically meet your daily spending needs.
Use your BP-Citi card at BP stations for petrol (or anything else), and you’ll save 5% on your purchases! You’ll even save money on purchases made anywhere else, making this credit card ideal for all of your normal spending needs including groceries and monthly bill payments.
Learn more about the Citibank BP credit card below, and you can apply online today!
Type of Credit Card: Rewards card
Interest Rates*: The Citibank BP card offers a special introductory interest rate of 2.9% per annum for 12 months for balance transfers. Regular purchases are subject to a 19.89% variable APR, and payments you make towards your account are applied to the lower-interest balance transfer first, until that is paid off.
Annual Fee*: You will be charged an annual fee of $79 for the primary Citibank BP credit card, and an additional $30 annually if you choose to have a second card issued.
Rewards Programme*: With the Citibank BP credit card, you will earn 5% cash back on all petrol and other purchases with BP (for up to a total of $600 in purchases during any statement period). For other purchases you make on your MasterCard (up to $5000 in any statement period), you will earn cash back rewards of .5%. You will not earn the .5% cash back on purchases made with BP competitors. Your cash back rewards will be credited to your account balance on the first day of the following statement period.
Additional Details*: Cash back earnings on your Citibank BP card are limited to a total of $360 from BP purchases and $300 for any other purchases or bill payments each year.
To be eligible for a BP-Citi MasterCard, you must earn a minimum income of $20,000 yearly. Credit limits will be determined by the issuing bank based on your current income and credit history, with the maximum credit limit possible being $25,000.
* Interest rates, annual fees, and rewards programme cash back rates listed were pulled from the most accurate data available at the time of writing. All rates are subject to change from the issuing bank, and their inclusion here in no way serves as a guarantee of rates. Please review rates and terms with the card issuer at the time of application.
Below are 3 of our most popular and recommended credit card offers:
Purchase Rate (p.a.) |
Cash Rate (p.a.) |
Balance Transfer |
Interest Free Days |
Annual Fee |
||
 Citibank Clear Platinum |
11.99% | 21.74% | 2.9% for 12 months | up to 55 days | $49 |  More Info |
 ANZ Platinum Credit Card |
0% for 6 months | 21.49% | 0% for 6 months | up to 44 days | $0 first year | More Info |
 Westpac Low Rate Credit Card |
0% for 6 months | 21.49% | 0% for 6 months | up to 55 days | $45 | More Info |
