Phillips 66 Credit Card

From LoveToKnow Creditcards

The Phillips 66 credit card is issued through the Conoco Phillips family of fuel providers. The card can be used at Phillips 66 gas stations as well as Conoco and 76 stations, totaling thousands of gas stations accepting this credit card.

Gas credit cards are convenient.

The Phillips 66 Credit Card

This credit card is for use at Phillips 66 gas stations and other participating gas stations for the purchase of fuel, services, and items within the convenience stores.

The card has a variable interest rate that is comparable to other gas station credit cards. Potential cardholders should be aware of the following terms and conditions:

Like most other credit cards, the interest rate of this card will leap up much higher if a payment is late.
The fee for late payments depends on the balance owed.
The credit limit placed on a new card is dependent upon the applicant's credit rating and income.

The credit card can be used to pay for gasoline at the pump at participating stations, making this card quite convenient for cardholders who frequent these stations often. Many cardholders use their cards as a way to simplify their finances since the cards can only be used for gas station purchases.

Additional Options

Conoco also offers additional credit card options for applicants who want a Phillips 66 card featuring a MasterCard logo. The Phillips 66 - Conoco - 76 Platinum MasterCard features a revolving credit balance at a lower interest rate than the Personal Phillips 66 Card. This card can also be used to make purchases wherever MasterCard is accepted.

The Platinum MasterCard features a points-based rewards program for purchases and can also be used to access cash at ATMs accepted MasterCard. The interest rate for the card's balance is higher for cash advances than for purchases.

Credit Requirements

In order to receive approval for a Phillips 66 credit card, applicants must meet minimum credit standards and the applicant must:

Be a resident of the United States in order to receive approval online.
Have a physical mailing address instead of a post office box.
Have a valid Social Security Number, and be willing to provide that number on the application.
Be eighteen years old or older.

Applicants who do not meet these standards will not be approved for a credit card even if they have acceptable credit.

Apply for a Card

Participating gas stations have paper applications that can be completed on-site or mailed in to a processing center. Applicants can also submit an application by calling a customer service representative at (800) 610-1961.

The quickest method to use to apply for a Phillips 66 credit card is by applying online at the secure application website. The application will quickly be processed through Citibank, which is the company issuing these cards.

Here is the information you will need to supply to Citibank in order to submit a complete application:

Name and contact information
Residential history, such as length of time at current address
Social Security Number
Date of birth
Employment history
Income information
Information regarding bank accounts held
Name and contact information for any authorized users

Applicants will additionally need to create a security word which will be used when retrieving account information in the future.

Submitting the application online will usually result in an immediate credit response of either an approval or a denial of credit. If the application is approved, the card is sent through the mail and will arrive within approximately two weeks. Applications that are denied will receive a letter in the mail explaining the reason for the credit denial and will entitle the applicant to a free copy of the credit report used.