Review of ExxonMobil Credit Card

The ExxonMobil Credit Card was last reviewed on : 8th September 2006

Rebate Formula - The ExxonMobil credit card pays a 3% rebate on purchases from Exxon or Mobil stations and 1% rebate for other purchases. 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.

Summary - 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 The Discover® Platinum Gas Card instead as it allows you to earn 5% rebates on gasoline purchases at any station and also on auto maintenance 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