About.com Rating
Despite the cap on gasoline rebates, this card has a generous rewards program.
Who the Hess Visa Platinum Card Is For
Credit Rating Required
About the Hess Visa Platinum Card
Pros
Cons
Rewards
APRs
Fees
Hess Visa Platinum Card Review
The Hess Visa Platinum card is one of the better gas rewards cards on the market - especially during the first 60 days you have the card.
You earn a 3% rebate on Hess gasoline purchases, but during the first two months you earn a whopping 10%. The only other card on the market that lets you earn that much is the BP Visa Card, where you also earn 10% back during the first 60 days. (Not uncoincidentally, both cards are issued by Chase Bank). That 10% reward is capped at $40, but you'd have to spend $400 on gas before you hit that mark.
After the first two months, you earn 3% back. That reward is capped at $12 a month, but again you'd have to spend $400 a month at Hess before you exceeded it.
Outside Hess stations, you earn a full 1% back; there's no limit on the rebates you can earn on those purchases. Like other gas rewards credit cards, you don't earn any rewards if you use the card at competing gas stations.
Your rebates are automatically credited to your monthly statement.
Recommendation
Despite the limits on gas rebates, this is a good card if you're a regular Hess customer. The caps are pretty high, so you'd have to charge a lot before you reached them; for most people, they're probably not an issue. I also like the fact you also earn a full 1% back on all your other purchases, and there's no cap on those rebates.
Despite the cap on gasoline rebates, this card has a generous rewards program.
Who the Hess Visa Platinum Card Is For
- People who want to earn rewards on their Hess gasoline purchases.
Credit Rating Required
- Fair and up (660+).
About the Hess Visa Platinum Card
Pros
- Generous rewards program.
- 10% rebate on Hess gas purchases during the first 60 days.
- Relatively modest interest rates, if you qualify.
- No annual fee.
Cons
- No rewards on purchases at competing gas stations.
- Rebates at Hess stations capped at $12 per month.
Rewards
- 3% rebate at Hess gas stations.
- 10% rebate at Hess stations during the first 60 days; maximum rebate $40.
- 1% rebate on all other purchases.
APRs
- 15.24% or 19.24% on purchases and balances transfers, depending on your credit history.
- Penalty interest rate: 29.9%.
Fees
- Annual fee: None.
- Late payment fee: Up to $35.
- Return check or payment fee: $35.
- Over-limit fee: Up to $35.
- Balance transfer fee: 3%.
Hess Visa Platinum Card Review
The Hess Visa Platinum card is one of the better gas rewards cards on the market - especially during the first 60 days you have the card.
You earn a 3% rebate on Hess gasoline purchases, but during the first two months you earn a whopping 10%. The only other card on the market that lets you earn that much is the BP Visa Card, where you also earn 10% back during the first 60 days. (Not uncoincidentally, both cards are issued by Chase Bank). That 10% reward is capped at $40, but you'd have to spend $400 on gas before you hit that mark.
After the first two months, you earn 3% back. That reward is capped at $12 a month, but again you'd have to spend $400 a month at Hess before you exceeded it.
Outside Hess stations, you earn a full 1% back; there's no limit on the rebates you can earn on those purchases. Like other gas rewards credit cards, you don't earn any rewards if you use the card at competing gas stations.
Your rebates are automatically credited to your monthly statement.
Recommendation
Despite the limits on gas rebates, this is a good card if you're a regular Hess customer. The caps are pretty high, so you'd have to charge a lot before you reached them; for most people, they're probably not an issue. I also like the fact you also earn a full 1% back on all your other purchases, and there's no cap on those rebates.