Review of ExxonMobil Credit Card

The ExxonMobil Credit Card was last reviewed on : 27th December 2009

Rebate Formula - The ExxonMobil credit card pays a rebate of 15 cents for every gallon of gasoline that you purchase from Exxon or Mobil stations. You will earn 2% rebates for every dollar that you spend up to $10,000 (for non Exxon gasoline purchases) and 1% rebates once your expenditure exceeds $10,000. 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® 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.

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!