You should apply for this special gas credit card if you own a business that has trucks. With the Marathon Petroleum Company Commercial Credit Card, the business owner will receive special statements that will help them get a better understanding of how much each cardholder is spending.
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There are different financial stresses for a business owner than there are for someone with a personal credit card. The Suze Orman website has great information for both of these types of cardholders, as well as special “Suze’s Tools” to help them manage their debt.
Marathon Petroleum Company Commercial Credit Card Rates and Fees
The interest rates for this credit card are unique in that the final interest rate depends on the state in which the card account is opened.
The credit card interest rate can range anywhere from 5% to 21% depending on the cardholder’s state of residence.
This also applies to fees. Depending on the state, the cardholder could pay anywhere from $5 to $30 for credit card returned payment fees. You can also expect a credit card late fee ranging from $2 to $5.20. There is no annual fee for this credit card.
More about the Marathon Petroleum Company
Marathon is a gas supplier that is located in the Midwest, South East, Great Plains, and Gulf Coast regions of the United States. Along with gasoline for vehicles, Marathon also provides a significant amount of propane to its private customers and industrial clients. The majority of propane sold to private citizens is used for home heating.
The Marathon Petroleum Company also markets asphalt. Currently, the company has around 750 contractors, manufacturers, and government clients that specialize in paving asphalt. When it comes to fuel used in vehicles, the company provides gasoline blended with ethanol, reformulated gasoline, and gasoline with low vapor pressure. In Kentucky and Illinois, the company also provides biodiesel.
This company began in 1887 as the Ohio Oil Company. Ohio Oil purchased the Lincoln Oil Refining Company in 1924. In 1930, the company’s name was officially changed to Marathon after the purchase of Transcontinental Oil. Marathon became very popular in the 1950s.
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