Consumer Payment Card News

Marathon Gas Card

Chase has added another gas card to its product lineup. This week Ohio-based Marathon Ashland Petroleum teamed with Chase to roll out the “Marathon Platinum MasterCard” which enables users to earn a 5% rebate on all Marathon purchases and a 1% rebate on all other purchases. For a 60-day introductory period, Marathon cardholders will earn a 10% rebate on all Marathon purchases made with the card, including gasoline, service repairs and convenience store items. The card carries a $20 annual fee which is waived if the cardholder makes at least nine Marathon purchases throughout the year. The card offers a 9-month 0% APR on balance transfers and purchase interest rates ranging from 13.99% to 23.99%. Marathon has 3,800 Marathon locations throughout the Midwest and the Southeast portions of the country. Earlier this year, Chase introduced the “PerfectCard VISA and MasterCard” offering bonus rebates on all gasoline purchases as well as a rebate for all card purchases. Originally introduced in January as the “Chase Freedom Card” in response to the loss of its Shell co-branded credit card to Citibank, the new card offers a 6% rebate on all gasoline purchases for the first 90 days. Thereafter, cardholders receive a 3% rebate on all gasoline purchases, regardless of the brand. The card also offers a 1% rebate on all other purchases. For more information visit: www.chase.com/marathon.

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