Review of Phillips 66 Conoco 76 Mastercard

The Philips 66 Conoco 76 MasterCard was last reviewed on 3rd January 2009

phillips 66 conoco 76 mastercard

Summary - The Phillips 66 Conoco 76 MasterCard pays a 4% 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 4% 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. You can earn up to $50 in rebates each month.

Annual fee and APR - The Phillips 66 Conoco 76 MasterCard has no annual fee. The APR is prime rate plus 7.99% for the platinum version and prime rate plus 11.99% for the regular version. The Phillips 66 Conoco 76 MasterCard uses the average daily balance method (including new purchases) to calculate monthly balances. New cardholders will get a 0% APR introductory rate on balance transfers for 6 months.

Verdict - The Phillips 66 Conoco 76 MasterCard will appeal to those who use Philips Conoco gasoline stations frequently. However, the 4% rebate (though better than most reward credit cards) falls short of the very best gas credit cards that pay 5% rebates. We suggest that you consider the TrueEarnings® Business Card from Costco and American Express, as it pays 5% on ANY gasoline purchase, 3% on restaurants and 2% on travel. It has no annual fee. Note : though it is a business card, you can apply as a sole proprietor. You also need to be a Costco member.

Positives

No annual fee

Low apr is you get the platinum version

Negatives

4% rebate is low for a gasoline card

Rebates expire in 6 billing cycles versus 1 year for most station specific 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 Phillips 66 Conoco 76 Mastercard versus other cards!

Phillips 66-Conoco-76 Mastercard
Reward Benefits
Rebate Percentages	Earn 4% rebate on any Phillips 66 Conoco76 purchases Earn 1% rebate on all other purchases
Rebate Expiration	6 months if inactive
Travel and Insurance Benefits
Up to $500,000 Automatic Travel Accident Insurance
Cost/Fees/Interest rates
Introductory rate	0% APR on balance transfers for 6 months
Annual Fee	No annual fee
Purchase APR	Prime Rate plus 7.99% or 14.99%
Balance Transfer APR	Prime Rate plus 7.99% or 14.99%
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% of the amount of each balance transfer, $5 minimum, $75 maximum. However, there is no fee with the 0.00% APR balance transfer offer described above
Cash Advance fee	3% min $5.00
Over-the-credit-limit fee	$35.00
Late Payment fee	$39.00