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The ExxonMobil Credit Card was last reviewed on : 4th January 2009
Rebate Formula - The ExxonMobil credit card pays a 3% rebate on purchases from Exxon or Mobil stations and 1% rebate for other purchases. Rebates gets automatically credited towards your next purchases and are valid for six billing cycles.
Annual Fee and APR - The Exxonmobil credit card has no annual fee. The apr is prime rate plus 5.99% for the platinum mastercard version and prime rate plus 9.99% for the normal mastercard. The Exxonmobil credit card uses the average daily balance method (including new purchases) to compute balances. New cardholders get a 0% introductory apr for balance transfers for six months from the date of the first balance transfer. You are allowed six months to transfer your balances and there is no balance transfer fee during the introductory period.
Other Card Features - The ExxonMobil Mastercard has several features like allowing you to pay your Exxon Mobil credit card payments online. You can also check the history of your Exxon Mobil
credit card account online for the last six months.
Verdict - The Exxonmobil credit card will appeal to those who use Exxon or Mobil stations frequently. The 3% rebate, while good, falls short of other gas credit cards that pay a higher rebate. Hence, we suggest that those who are interested in this card consider the TrueEarnings#174 Business Card from Costco and American Express, which pays 5% rebates on gas at ANY station, 3% at restaurants and 2% on travel items, and 1% on regular purchases.
Positives
No annual feeLow APR if you get the platinum MasterCard version
Negatives
3% rebate, while higher than most reward cards falls short of 5% of the highest rebate from other gas credit cards
Enter your approximate monthly spending into the calculator below to see how much you can earn per month if you're using
the Exxon Mobile Credit Card versus other cards!
| Rebate Percentages |
Earn 3% rebate on any ExxonMobil Purchases
Earn 1% rebate on all other purchases |
| Rebate Expiration |
6 billing cycles |
| Caps on Rebates |
Earn unlimited rebates |
| nr |
Zero liability on unauthorized purchases
Free online account management, statements |
| Introductory rate |
0% introductory APR on balance transfers for first 6 months |
| Annual Fees |
No annual fee |
| Purchase APR |
Prime Rate plus 9.99% for Mastercard
Prime Rate plus 5.99% for Platinum Holders |
| Balance Transfer APR |
Prime Rate plus 9.99% for Mastercard
Prime Rate plus 5.99% for Platinum Holders |
| Cash Advance APR |
Prime Rate plus 14.99%
min is 19.99% |
| Penalty/Default Rate APR |
Prime Rate plus 23.99 |
| Min Finance Charge |
$0.50 |
| Grace Period |
20 days |
| Balance Calculation Method |
Average Daily Balance (including new purchases) |
| Balance Transfer Fee |
3%, min $5.00, max $75.00 (there is no balance transfer fee during the introductory period) |
| Cash Advance fee |
3% min $5.00 |
| Foreign Currency Conversion fee |
3% |
| Over-the-credit-limit fee |
$35.00 |
| Late Payment fee |
$39.00 |
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