Save Money On Gas With Gas Rebate Credit CardsSave Money On Gas With Gas Rebate Credit Cards

There are 7 simple steps to help you save up to 25 cents per gallon or more on gas purchases using gas rebate credit cards.

1) Know the rebate percent. It sounds simple but some cards give a 10% rebate and others only give a 3% rebate on gas purchases. Most cards give a 1% rebate on non-gas purchases. You should pick the card that pays out the highest rebate.

2) Know the limits of the rewards. Some cards only pay out a rebate on the first $1200 you spend each year and other cards have a limit on the rebate itself, such as giving back $50 or $400 per year.

3) Apply for new cards when you hit your rebate limit. There is no law limiting you to only one gas rebate card. After you've hit your rebate limit, that gas reward card isn't doing you any good so you should apply for a new card as soon as possible.

4) Apply for cards for specific gas stations in your area if any are available. This type of gas reward card typically has the highest rebate percentage. The Chase Hess rebate card gives a 10% rebate (that's 25 cents off at $2.50 per gallon) at Hess gas stations, but that won't help you if you don't live in an area with a nearby Hess gas station.

5) Be responsible. Pay your balance in full as soon as you receive your statement. A 4-10% rebate is worthless when you have to pay 17% or more in interest charges. This doesn't apply if the card has a 0% Intro APR and you are within the intro period; however, the intro period doesn't last forever so you should still pay your full balance monthly.

6) Transfer your balance if necessary. If you find yourself in debt when the intro period is almost over or when you've maxed out your rewards, you can apply for a gas credit card that accepts balance transfers. This will allow you to transfer your balance without having to pay interest and you'll start collecting more gas rewards.

7) Make sure the card has no annual fee and a 0% Introductory APR. There are too many credit cards on the market for you to have to pay an annual fee, since this defeats the purpose of getting rebates. Also, you'll want a 0% Introductory APR in case you aren't able to pay your balance in full every month.

From peak oil to Iran's nuclear weapons program and other conflicts in the Middle East, most experts agree that high oil prices are hear to stay. The good news is that if you follow the seven simple steps above you'll be on your way to saving money at the pump.

by Barry Boggs Jr
References and Bibliography

Barry Boggs Jr is the webmaster for http://www.Gas-Credit-Cards.com, a website that is dedicated to showing consumers how to save money on gas through the proper usage of gas rebate credit cards. He can be contacted at bboggs@ncsreporting.com.

Rated:NR/0 Votes
1 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Barry Boggs Jr
More Article by Barry Boggs Jr
Share
More Articles From Credit
More Articles From Credit
Related Articles and Readings
Benefits of a Reward Type Credit Card By: John Mussi
There are many different types of credit cards available in the market that may even be divided in sub-categories according to the options each type offers that it's definitely very hard for any consumer to figure out which credit card is the best one for them.If that's your problem, you're ...
Analyze Reward Credit Cards Thoroughly By: Bert Roberts
Travel has its payback in the form of reward credit cards. Choosing the best reward credit cards for yourself can be intimidating, and you should be guided by some factors that are personal to you. How do you choose and analyze THE travel reward credit card that suits your needs ...
What to Look for in a Gas Reward Card By: Adam Goldman
In view of the high gas prices, we will still be much dependant on gas, until someone comes up with a better and cheaper power source replacement. Nevertheless, there is always a silver lining behind a grey cloud in any situation. What better way to acquire more value for your ...
Getting the Best Out of Your Reward Credit Card By: John Mussi
If you're one of the lucky people to qualify for a reward credit card and you're simply waiting for the company to send your very own plastic money, congratulations! But just before you swipe your reward credit card for the very first time, do read this article first because we're ...
Compare the Best Reward Credit Cards By: Bert Roberts
Best reward credit cards are today sought after by many individuals for the benefits that they offer to their customers. Best reward credit cards are also known as reward credit cards in short.Some of the best reward credit cards are offered by companies like Visa, American Express, Citibank, and Discover. ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:252603
  • » Active Authors:31917
  • » Active Members: 38237
  • » Statistics Updated:
    - Tue Sep 1st, 2020 09:28AM EST