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Review of the Speedway Superamerica Platinum Mastercard
The Speedway Superamerica Platinum Mastercard was last reviewed on 14th September 2006
Summary - The Chase Speedway Superamerica Platinum Mastercard will appeal to those who make gasoline and other purchases at any Speedway Superamerica locations. You get a 4% rebate from purchases at these outlets, which are credited towards future purchases at Speedway Superamerica locations. As an incentive to get this card, new cardholders can earn 8% rebates for the first 60 days. Find out more about this card...
Rebate Formula - The Speedway Superamerica Platinum Mastercard from Chase offers a 4% rebate on any purchases made at any Speedway Superamerica stations. For the first 60 days, you can earn 8% rebate. You earn 1% rebate on all other purchases. Rebates are automatically credited towards your next Speedway Superamerica purchases.
Fees - The Speedway Superamerica Platinum Mastercard has no annual fee. You get an introductory 0% apr on both purchases and balance transfers for either 3 or 6 months depending on your credit and relationship with Chase. The apr is either prime rate plus 9.99%, 11.99% or 14.99%. The 2-cycle average daily balance method is used to calculate monthly balances.
Other Benefits - You get standard platinum credit card benefits like travel insurance of up to $500,000, purchase assurance and extended warrranty protection, roadside assistance, lost luggage insurance, zero liability on unauthorized purchases.
Verdict - Though the Chase Speedway Superamerica Platinum Mastercard pays a very good 4% rebate for any purchases made at Speedway Superamerica stations, there are other cash rebate cards that pay 5% rebates not just for gasoline purchases from any gas stations, but also purchases at groceries and drugstores. If you are considering this card because you use Speedway Superamerica for your gasoline purchases, you should also consider the The Discover® Platinum Gas Card, which pays 5% rebates on gasoline from any station.
Update - Chase has discontinued the Speedway Superamerica card. We reocmmend the The Discover® Platinum Gas Card instead.
Positives
Earn 4% rebatesNo annual feeEarn unlimited rebates
Negatives
Other gas credit cards and cash rebate credit cards pay 5% rebates on gasoline purchases
| Chase Speedway Superamerica Platinum Mastercard |
| Reward Formula |
| Rebate Formula |
Earn 4% rebates at Speedway Superamerica stations
Earn 1% rebates on "other purchases" |
| Cost/Fees/Interest rates |
| Introductory rate |
0% fixed APR for 6 billing cycles (purchases and balance transfers) |
| Annual Fees |
No annual fee |
| Purchase APR |
Prime Rate plus 9.99%, 11.99% or 14.99% |
| Balance Transfer APR |
Prime Rate plus 9.99%, 11.99% or 14.99% |
| Cash Advance APR |
Prime rate plus 15.99% for elite and premium pricing
Prime rate plus 19.99% for standard pricing |
| Penalty/Default Rate |
Prime Rate plus 23.99% |
| Min Finance Charge |
$1.00 |
| Grace Period |
20 days |
| Balance Calculation Method |
2-cycle average Daily Balance (including new purchases) |
| Balance Transfer Fee |
3% min $5.00 max $75.00 |
| Cash Advance fee |
3% min $10.00 |
| Foreign Currency Conversion fee |
3% |
| Over-the-credit-limit fee |
$35.00 |
| Late Payment fee |
$15.00 - up to but not including $250.00
$39.00 - more than $250.00 |
Chase has discontinued the Speedway SuperAmerica Card. Apply for the The Discover® Platinum Gas Card instead.
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