The Lowdown on the Chase PerfectCard

It is common these days for credit cards to introduce all kinds of perks, benefits and rewards with the sole aim of attracting consumers. Not surprisingly, there are also cards which provide rebates for gasoline purchases. However, most of these cards are limited to one brand or one region. Chase Manhattan has addressed this issue with the Chase PerfectCard Platinum MasterCard.

Unlike other cards, the Chase PerfectCard can be used for gasoline purchases anywhere and rewards cardholders a 3% rebate for it. For the first 90 days, cardholders can also expect to earn a 6% rebate on gasoline. All other purchases are eligible for a 1% rebate.

The card does have its limits though as the amount of rebates that can be earned on gas purchases are capped at $15 a month. Nevertheless, there is no limit to the amount of rebates that can be earned on other purchases. Furthermore, the rebates are credited directly to the balance on the card without the need for the cardholder to advise the credit card company. What