BPme Rewards Visa Credit Card Review 2024

The BPme Rewards Visa®* is issued by First National Bank of Omaha, but you don’t have to live in a state with an FNBO branch to apply for the card. It has an annual fee of $0 and comes with a competitive regular discount on fuel purchased at bp and Amoco gas stations. It also earns cash back on purchases in useful spending categories.

However, the card isn’t without drawbacks. If you get a lot of your fuel at other gas station chains, the BPme Rewards Visa®* doesn’t offer you much on those purchases. It also comes with an APR so high it might make you do a double take: 31.99% fixed APR on purchases and balance transfers. It’s always smart to pay off your credit card in full each month to avoid incurring interest, but sometimes life gets in the way. If you ever carry a balance on this card, expect it to be expensive.

• Earn 15 cents off every gallon of bp and Amoco fuel purchases, 5% cash back on non-fuel bp and Amoco purchases, 3% cash back on grocery and dining purchases and 1% back on all other qualifying purchases
• Earn 30 cents off every gallon on bp and Amoco fuel purchases in the first 60 days after account opening, 15 cents off thereafter
• $0 annual fee
• Visa benefits

If you’re devoted to filling up at bp or Amoco and don’t carry a balance every month, the BPme Rewards Visa®* can be a beneficial card to keep in your wallet for the gas perk.

Earning Rewards

The BPme Rewards Visa®* earns 15 cents off every gallon of bp and Amoco fuel purchases, 5% cash back on non-fuel bp and Amoco purchases, 3% cash back on grocery and dining purchases and 1% back on all other qualifying purchases.

While there’s no cap on rewards you can earn, note that rewards expire on the fifth anniversary of when they were earned. For this reason, don’t delay your redemptions too long.

If you’re already a member of the BPme Rewards program and have the BPme app on your smartphone, you can add your BPme Rewards Visa to the app to easily pay for fuel and track your purchases. But when it comes to discounts, note that the ongoing ones of 5 cents per gallon offered by the program and 15 cents per gallon offered by the card don’t add up to 20 cents off—15 cents off is considered to  include the 5 already.

New cardholders will enjoy 30 cents off every gallon on bp and Amoco fuel purchases in the first 60 days after account opening, 15 cents off thereafter.

Redeeming Rewards

Your discount on fuel purchased at bp and Amoco gas stations will apply at the time of purchase. The cash back you earn on other purchases will come in the form of points.

Points are worth 1 cent each when redeemed for cash back, and you can take your cash back in increments of $25 as a statement credit, a deposit to a checking or savings account or as a check. You can also use your points for gift cards, merchandise, travel or goods and services.

Rewards Potential

Forbes Advisor uses data from various government agencies to determine baseline income and spending averages across various categories. The 70th percentile of wage-earning households brings in $118,438 annually and can reasonably charge $39,337 per year to credit cards.

We estimate the average household spends $3,562 annually on gas. Because the BPme Rewards Visa®* applies a discount per gallon, rather than earning a certain amount of cash back per dollar spent on fuel, we can’t say for sure how much you’ll save per year since gas prices fluctuate.

However, we can do the math for a couple of scenarios. If gas is $5 per gallon, getting an additional 10 cents off per gallon (remember everyone can get 5 cents off a gallon via the app) is effectively a 2% discount. If gas is $3 per gallon, getting 10 cents off per gallon is effectively a 3.3% discount. Since flat-rate credit cards typically earn 2% back and credit cards that earn elevated rewards on gas typically offer anywhere from 3% to 5% back, the BPme Visa is competitive.

Plus, there’s no limit on how many gallons you can receive the discount on. Other credit cards have spending caps for their elevated rate on gas, after which you’ll earn just 1%.

We can make estimates on the card’s other cash-back categories. For example, our sample household spends $7,243 per year on groceries and $4,622 per year on dining. If all these purchases are eligible for 3% cash back on the BPme Visa, that’s $355.95  per year.

And if the remaining $27,472 in credit card expenses earns 1% back, that’s $274.72. Add that together with the cash back from groceries and dining, and you’re looking at $630.67 in cash back per year—and that doesn’t factor in the discount you’re getting at the gas pump.

All cardholders get the following benefits:

• Zero liability. This benefit protects you against unauthorized charges on your card.

If your card is issued as a Visa Signature, you also get:

• Visa Signature Concierge. If you need help planning travel, getting tickets to a show or making dining reservations, just call your card’s concierge service at 1-800-953-7392.
• Roadside dispatch. If you need a tow truck or a locksmith, this pay-per-use benefit can make life easier by helping you with the arrangements. Available 24/7.
• Lost or stolen card reporting. If your card is lost or stolen, you can report it to Visa Global Customer Care Services by calling 1-800-847-2911.
• Travel perks. Enjoy discounts and upgrades at certain hotels, resorts and cruise lines.
• Entertainment offers. Take advantage of advance ticket sales.
• Fine wine and food. This perk offers complimentary wine tastings and discounts at select Sonoma County wineries.
• Sporting events. Get special access to events.
• Shopping discounts. Cardholders can save money with discounts at various retailers and online merchants.

Interest Rates

• Regular APR: 31.99% fixed
• Purchase intro APR: N/A
• Balance transfer intro APR: N/A

Fees

• Annual fee: $0
• Balance transfer fee: Either $10 or 5% of the amount of each transfer, whichever is greater
• Foreign purchase transaction fee: 3% of each transaction in U.S. dollars

BPme Rewards Visa®* vs. Citi Custom Cash® Card

Those who want to earn a generous cash-back rate on fuel purchases but don’t like being tied to a particular gas station brand should look to a card like the Citi Custom Cash® Card.

It carries a $0 annual fee and earns 5% cash back on purchases in a top eligible spend category up to the first $500 spent each billing cycle, 4% cash back on hotels, car rentals, and attractions booked on Citi Travel℠ portal through 6/30/2025 and 1% cash back on all other purchases.

There’s also a welcome bonus of $200 in cash back after spending $1,500 on purchases in the first 6 months of account opening. The bonus points come in the form of 20,000 ThankYou® Points that can be redeemed for $200 cash back.

Finally, the card comes with a 0% introductory APR for 15 months from date of account opening on purchases and from date of first transfer for balance transfers completed within 4 months of account opening. After that, the variable APR will be 19.24% - 29.24%, based on creditworthiness. There is also a balance transfer fee of 5% of each balance transfer; $5 minimum.

BPme Rewards Visa®* vs. Costco Anywhere Visa® Card by Citi*

The Costco Anywhere Visa® Card by Citi*, isn’t available to everyone—but if you have a Costco membership or are willing to get one, you should consider it. It earns a stellar cash-back rate on gas and a solid rate on restaurants and travel.

Cardholders earn 4% cash back on eligible gas and EV charging purchases for the first $7,000 spent annually, 1% thereafter, 3% cash back on restaurants and eligible travel purchases, 2% cash back on purchases from Costco and Costco.com and 1% cash back on all other purchases. A Costco membership is required to apply.

Just note that while the card’s annual fee is $0, you need a Costco membership, which will run $60 or $120 per year depending on membership level.

BPme Rewards Visa®* vs. Wells Fargo Active Cash® Card

If you just want to earn a flat rate on all your spending, including gas, the Wells Fargo Active Cash® Card might be right for your wallet. Cardholders earn an unlimited 2% cash rewards on purchases, making this card ideal for someone who doesn’t want to bother with elevated rates in certain spending categories and subpar rates on other spending.

You also have an opportunity to earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. The annual fee is $0.

And, the card comes with a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 20.24%, 25.24%, or 29.99% variable APR applies. Balance transfers made within 120 days qualify for the intro rate and fee of 3% then a fee of up to 5%, with a minimum of $5 applies.

Whether the BPme Visa is right for you depends heavily on your driving and spending habits.

There are thousands of bp and Amoco gas stations in the United States. If these are your preferred spots to stop and fill your tank when on the road, and perhaps grab a snack while you’re at it, applying for the $0 annual fee BPme Rewards Visa®* is probably an easy choice.

However, it’s less useful for drivers who only occasionally fill their tank at bp or Amoco. Other credit cards offer cash back on fuel purchases regardless of what gas station you stop at.

Forbes Advisor considers a variety of criteria when assigning credit cards a rating. Cards are graded based on numerous factors including:

• Annual fees
• Welcome bonus offers
• Ongoing earning rates
• Value of individual points or miles
• Included travel or merchant credits
• Additional cardholder benefits

Card features we expect cardholders to use the most often are weighted more heavily in our ratings. Altogether, the factors came together to provide a star rating for each individual card. To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards.