The Lowdown on the Chase PerfectCard

It is common these days for credit cards toFor those who qualify, the Chase PerfectCard has a
introduce all kinds of perks, benefits and rewardsreasonable interest rate charge for credit card
with the sole aim of attracting consumers. Notcharges and balance transfers. In addition, during the
surprisingly, there are also cards which providetwelve-month long introductory period, no interest
rebates for gasoline purchases. However, most ofrates are charged on all outstanding balances.
these cards are limited to one brand or one region.However, once the intro period is over cardholders
Chase Manhattan has addressed this issue with theare not recommended to carry a balance over to the
Chase PerfectCard Platinum MasterCard.following month as the finance charges will be
Unlike other cards, the Chase PerfectCard can becalculated with the more expensive "Two Cycles
used for gasoline purchases anywhere and rewardsAverage Daily Balance" method.
cardholders a 3% rebate for it. For the first 90 days,Additionally, benefits which are typically present for
cardholders can also expect to earn a 6% rebate onmany other cards are also present for the Chase
gasoline. All other purchases are eligible for a 1%PerfectCard. Cardholders can expect to receive
rebate.benefits such as purchase protection, travel accident
The card does have its limits though as the amountinsurance of up to $500,000, auto rental insurance
of rebates that can be earned on gas purchases areand various emergency or assistance services.
capped at $15 a month. Nevertheless, there is no limitAs a gas card, the Chase PerfectCard lives up to its
to the amount of rebates that can be earned onname. While the $15 a month cap on gas rebates
other purchases. Furthermore, the rebates aremay not be too attractive, the limitless 1% rebate on
credited directly to the balance on the card withoutgeneral purchases with the hassle-free method
the need for the cardholder to advise the credit cardclaiming the benefit makes the card truly outstanding.
company. What's more, all of these services comesOf course, this is as long as you pay off your
with no annual fee.balance in full each month.