Review of Phillips 66 Conoco 76 Mastercard

The Philips 66 Conoco 76 Mastercard was last reviewed on 4th September 2006

Summary - The Phillips 66 Conoco 76 Mastercard pays a 3% rebate on purchases made at Phillips 66 and Conoco 76 stations. Find out more about this card.


Rebate Formula - The Phillips 66 Conoco 76 Mastercard allows you to earn a 3% rebate on any Phillips Conoco purchase and 1% rebate for other purchases. Rebates are valid for six billing cycles. They are automatically credited towards next months purchase.

Annual fee and APR - The Phillips 66 Conoco 76 Mastercard has no annual fee. The apr is prime rate plus 5.99% for the platinum version and prime rate plus 9.99% for the regular version. The Phillips 66 Conoco 76 Mastercard uses the average daily balance method (including new purchases) to calculate monthly balances. The is a 0% introductory apr on balance transfers for six months from the date of the first transfer as long as it occurs within the first six months. There is no balance transfer fee during the introductory period.

Summary - The Phillips 66 Conoco 76 Mastercard will appeal to those who use Philips Conoco gasoline stations frequently. However, the 3% rebate (though better than most reward credit cards) falls short of many other gas credit cards that pay 5% rebate on gasoline purchases. Hence, we suggest that those who are interested in this card consider the The Discover® Platinum Gas Card instead as it allows you to earn 5% rebates on gasoline purchases at any station and also on auto maintanence purchases. You can double the value of the cash rebates you have earned if you exchange them for gift certificates from partner merchants (ie equivalent to earning 10% rebates!). You also get a better 0% apr deal (12 months for both balance transfer and purchases).

Positives