In terms of rewards, the BP-Citibank MasterCard is a good simple credit card that offers cash back on a regular expense for anyone that drives a vehicle.

For the first $600 you spend in each statement period at BP, you’ll receive a 5% cash back rebate. All other purchases (up to $5,000) made using the BP-Citibank MasterCard will get a 0.5% cash back rebate.

As an added bonus, if you happen to rent an Avis rental car before November 4th 2009 and use your BP-Citibank credit card to pay for it, you’ll receive an extra 2% discount. You’ll receive all of these cash back rebates monthly as a direct credit to your account at the beginning of your next statement period.

These are all great benefits when looked at as a whole, but when it comes down to it, the card is let down by its interest rate. Cash advances interest rate and purchase interest rate on this cash back credit card. While this is pretty standard for a cash advance rate, this is really high for purchases. However if you can pay off your monthly balance in full you’ll be able take advantage of up to 55 days interest free and won’t be stung by these high interest rates.

The balance transfer offer on this rebate credit card is excellent value for the first 12 months. Not a lot of cards offer such a long introductory period, especially when there are cash back rewards on offer so it is a worthwhile consideration.

Teamed with the high interest rate, this card’s annual fee leads you to expect maybe a few more benefits that you may get on other cards of this price. Nevertheless, used wisely, it can be quite a beneficial cash back credit card.

While fuel prices are not as expensive as they were in the last year or so they are still not cheap, so the benefits and discounts that this card offers are still great value for anyone that drives a car. Although to make the most of this card it would be wise to use the BP-Citibank MasterCard card purely for your fuel and use another low interest credit card for other purchases.

See our top credit card picks in the Editor’s Choice category

Citibank’s debit cards are pretty well hidden on the bank’s website so is a little harder to find than most. But when you do find it you’ll see that you can apply for a Citibank Visa debit card through a Citibank Plus Transaction account.

The fee for this account and debit card is low.

This is yet another fence sitter in Australia’s debit card range – not quite expensive, but it’s definitely not free either! But there is some good news… If you arrange to have your regular salary of $3000 or more (per month) credited directly to your Citibank Plus Transaction account, that $5 fee will be waived, and you’ll be $5 richer!

With free internet and phone banking, as well as a monthly statement, you’ll have no problem keeping track of your purchases made online, over the phone, and in retail outlets anywhere in the world.

So not only is it convenient but it’s cheap too, with no ATM fees at Citibank, Westpac, St.George and BankSA ATMs around Australia. Although it is important to note that this excludes St George ATM’s at BP station outlets.

With this bank debit card you’ll also be able to link up to three other high interest savings accounts free of charge. So when you want to use money from these savings accounts to make a purchase online or over the phone, simply transfer the funds from your high interest savings account to your Transaction account you’ll be away laughing.

See our top credit card picks in the Editor’s Choice category