Review

The Chase PerfectCard® MasterCard® is designed for those with very good credit who make frequent gas purchases.

Unlike other gas credit cards that require a cardholder to use their card at specific gas stations, this card allows cardholders to earn a 3% rebate on gasoline purchased at any gas station. In addition, a 6% rebate is applied to all gasoline purchases made with the card during the first 90 days. The maximum rebate that cardholders can earn for gas purchases is $15 per month. Cardholders also earn a 1% rebate on all other purchases, which is unlimited.

Aside from the rewards program, the card provides several benefits that include a purchase protection plan, travel accident insurance, and auto rental insurance.

For a reward card, the interest rate applied to purchases and balance transfers is reasonable (for those who qualify). There is also a 0% introductory rate that applies to both purchases and balance transfers for up to six months, and there is no annual fee associated with this card.

Therefore, those who qualify for the lowest rate offered and will use the card frequently for gasoline purchases (to earn rebates) will benefit most from what the Chase PerfectCard® MasterCard® has to offer.