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GE Capital Retail Bank Chevron and Texaco Visa Card – Only For Loyal Customers?

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The GE Capital Retail Bank Chevron and Texaco Visa Card is more than just a gas rewards card; it is aimed to be the next go-to card for just about anything and everything. The card is a Visa card issued by the American arm of GE Money Bank, which itself is a division of the financial arm of General Electric, GE Capital. The American arm GE Capital Retail Bank operates out of Draper in Utah and provides credit programs to consumers and retailers in the United States.

The good aspects of the GE Capital Retail Bank Chevron and Texaco Visa Card

The GE Capital Retail Bank Chevron and Texaco Visa Card enables cardholders to get closer to saving at Texaco and Chevron stations worldwide with every qualifying purchase and buy they make with their card for stuff like entertainment, dining and even travel. The card is a great option for those who are constantly and a lot on the road. The card offers a very compelling rewards program. The card enables cardholders to earn a handsome 10 cents for every gallon in fuel credits whenever the card is used for purchasing fuel at Texaco and Chevron stations for the first 2 months of card membership. The card earns the cardholders 10 cents for every gallon of fuel purchase in fuel credits when they make at least $300 in qualifying purchases every month. The card also earns the cardholders 20 cents for every gallon of fuel purchase in fuel credits when they make at least $1,000 in qualifying purchases every month. The upper limit on the amount of total fuel credits that could be potentially collected and redeemed by cardholders in any calendar year is $300. In order for cardholders to earn the fuel credits with the GE Capital Retail Bank Chevron and Texaco Visa Card, they should meet the eligible spending thresholds mentioned above in any billing period. The qualifying purchases include net purchases and any other purchases made on the card at Texaco and Chevron branded merchants or at purchases at any of the other fuel merchants.

Additionally, the cardholder also gets to earn 3% in fuel credits when the GE Capital Retail Bank Chevron and Texaco Visa Card is used by him for making non-fuel purchases at Texaco and Chevron stations. The card also enables cardholders to earn 1% in fuel credits whenever they use the card to make other non-fuel purchases at all places worldwide where Visa credit cards are accepted. The card is an excellent option if one is a frequent customer of Texaco and/or Chevron where the rewards are specifically geared towards the cardholders’ uses and needs. The GE Capital Retail Bank Chevron and Texaco Visa Card could be an excellent way to build one’s credit scores while obtaining generous amounts of cash back on miscellaneous and gasoline purchases.

The GE Capital Retail Bank Chevron and Texaco Visa Card now gives the cardholders the convenience of cash access at over 350,000 ATMs linked with the Cirrus network. Cardholders’ accounts need to be approved for card access and the service is presently available only in the accounts of Canada and U.S with minimum credit limits of $500. Cardholders also enjoy the benefits of Visa that come with this card, including zero fraud liability for unauthorized charges, which is becoming increasingly vital due to identity theft using new technologies. This cover gives cardholders the peace of mind that they are not liable for unapproved charges, regardless of the dollar amount, made on their credit card.

The GE Capital Retail Bank Chevron and Texaco Visa Card has no 0% introductory APR program and offers a variable APR rate on purchases and balance transfers. The interest rate typically falls between 13.49% and 26.99% and is dependent on the credit history of the cardholders. Furthermore, all the above rewarding perks of this card come at no charge for the cardholders, as this card is a no annual fee card.

The GE Capital Retail Bank Chevron and Texaco Visa Card is a great card with an excellent rewards program structure for those cardholders who regularly make use of their vehicles and those who intend to use it very frequently. The fact that there is no attached annual fee with the card is also one of the aspects that makes the card such a great option. Moreover, the accessibility and acceptability of the Visa card is there worldwide for any purchases made, and the covers provided by the card such as the zero fraud liability options just means that cardholders can rest a little easier about their future. Also, compared to most of its competitors, the APR interest rates offered by this card, especially the lower end is extremely favorable. Cardholders can learn in detail about the card here https://www.chevrontexacocards.com/dualcardimages/generic/chevron/en/landing_visa.html.

The not-so-great aspects of the GE Capital Retail Bank Chevron and Texaco Visa Card

The card falls flat in certain areas despite its extensive and appreciative rewards program. The cash back credit that cardholders can potentially earn is applicable only at Texaco and Chevron gas stations and nowhere else. This ends up restricting the purchases a little bit since not everyone prefers to go to Texaco or Chevron every time, if not just once. Additionally, cardholders of the GE Capital Retail Bank Chevron and Texaco Visa Card must redeem the points that collect very quickly because they have a short life run and might expire.  Also, this card is one where cardholders must necessary have a decent credit in order to qualify for the card membership, which means that while cardholders might find the card great for credit building, they might not qualify for it in the first place. Also, the biggest drawback is that the fuel rewards program on the card was actually reduced in the year 2013.

Nevertheless, this card is an excellent option for regular and loyal Texaco and Chevron users, and also for those who end up doing a lot of travelling by their own cars. Once one qualifies for it, the card goes a long way in building one’s credit score and extending the cardholders’ purchasing abilities.

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