Review of the Hess Visa Platinum

The Hess Visa Platinum was last reviewed on 3rd February 2006

hess visa platinum
Summary - The Hess Visa Platinum Credit Card will appeal to those who use Hess stations frequently for their gasoline purchases. With this card, you get 5% rebate on any purchases at HESS, HESS EXPRESS and WILCO HESS stations. As an incentive, you will earn 10% rebates for the first 90 days. The 5% rebates is the highest rebates for any gasoline credit card (though there are other cards that pay 5% rebates as well). Let's look at this card in greater detail.....

Rebate Formula - The HESS� Visa� Platinum Card from Chase offers a high 5% rebate on gas, merchandise and food purchases made at HESS, HESS EXPRESS and WILCO HESS stations. For the first 90 days, you can earn 10% rebate. In addition to gasoline, you also earn 5% rebate for merchandise and food purchases. You earn 1% rebate on all other purchases. Rebates are automatically credited towards your next HESS purchases. Rebates expire in 1 year though that should not be an issue with cardholders who frequent HESS regularly. You can also earn unlimited rebates.

Fees - The Hess Visa Platinum has no annual fee. You get an introductory 0% apr on both purchases and balance transfers for either 3 or 6 months depending on your credit and relationship with Chase. The apr is either prime rate plus 5.99%, 9.99% or 14.99%. The 2-cycle average daily balance method is used to calculate monthly balances.

Other Benefits - You get standard platinum credit card benefits like travel insurance of up to $500,000, purchase assurance and extended warrranty protection.

Verdict - We recommend the Hess Visa Platinum to those who use HESS, HESS EXPRESS and WILCO HESS stations as you can earn 5% rebates at these outlets. 5% rebates is the highest payout for any gas credit cards. There is no annual fee and you also get to earn 10% rebates for the first 90 days. For those who use more than one brand of gas stations, Chase also has a cash rebate card, the Chase Cash Plus Rewards Visa, which pays 5% rebates on grocery, gasoline and drugstore purchases.

  • Earn 5% rebates
  • No annual fee
  • Earn unlimited rebates

Chase Hess Visa Platinum
Reward Formula
Rebate Formula Earn 5% rebates at HESS, HESS EXPRESS and WILCO HESS stations
Earn 1% rebates on "other purchases"
Cost/Fees/Interest rates
Introductory rate 0% fixed APR for 6 billing cycles (purchases and balance transfers)
Annual Fees No annual fee
Purchase APR Prime Rate plus 5.99%, 9.99% or 14.99%
Balance Transfer APR Prime Rate plus 5.99%, 9.99% or 14.99%
Cash Advance APR Prime rate plus 15.99% for elite and premium pricing
Prime rate plus 19.99% for standard pricing
Penalty/Default Rate Prime Rate plus 23.99%
Min Finance Charge $1.00
Grace Period 20 days
Balance Calculation Method 2-cycle average Daily Balance (including new purchases)
Balance Transfer Fee 3% min $5.00 max $75.00
Cash Advance fee 3% min $10.00
Foreign Currency Conversion fee 3%
Over-the-credit-limit fee $35.00
Late Payment fee $15.00 - up to but not including $250.00
$39.00 - more than $250.00

Apply for the Hess Credit Card

If you already have the Chase Hess Visa Platinum Credit Card, we would appreciate if you can take some time to post your review. Our readers will find them very helpful.

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