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The Chase Business Rebate
Card, issued by Chase, is designed for those with very good credit who are
looking to consolidate business related expenses with one credit card and plan
to take advantage of the rebate program offered.
Through the rebate program, cardholders receive 3% cash back on purchases made
at any restaurants, office supply stores, gas stations, building supply stores,
and hardware and home improvement centers. A 1% rebate will be earned on all
other purchases.
Aside from the reward program, the card provides several platinum benefits that
include a purchase protection plan, travel accident
insurance, and auto rental insurance.
The card has no annual fee and provides a 0% introductory rate for the first
twelve months that applies to purchases and balance transfers. Once the
introductory rate expires, the card has a reasonable interest rate for purchases
and balance transfers.
Those who plan to occasionally carry a large revolving balance may find doing so
costly due to the "Two Cycles Average Daily Balance" method used by this credit
card to determine finance charges, which ends up costing more to maintain an
occasional balance compared to the "Average Daily Balance" method used by some
other credit card issuers.
Therefore, those who can pay in full each month after the introductory rate
expires (to avoid finance charges) and plan to take advantage of the reward
program offered will benefit most from what the Chase Business Rebate Card has
to offer.
Review Date: May 1st, 2007 |
