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Credit Card Applications » News » Other » Gas Credit Cards

Gas Credit Cards

November 10, 2008
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This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.

Gas Rebate Credit Cards Help Reduce Your Monthly Bills

The US economy's recession makes for the cut back on energy use and decline in crude prices. The decline is not believed to last long but while prices at the pump are falling, consumers are enjoying a rare opportunity to cut sky-high gas expenses. It is the right time to use a gas rebate credit card in a most active manner. Despite the interest rates are steadily high, filling up your car with a gas card is a good deal because of the rebate programs.

Purchasing gasoline for your auto is unavoidable everyday expenditure, so why not maximize the benefit of a lower price through a gas rebate perk? Great news is that most gas credit cards allow rebates to be used to reduce your monthly bill to the bank.

If you are interested in gas card applications online, there are plenty to choose from: Discover® Open Road® Card, Capital One No Hassle PointsSM Rewards, Chase PerfectCard™ MasterCard®, Product Name: Citi® Diamond Preferred® Card– 21 Month Balance Transfer Offer and Capital One No Hassle MilesSM Rewards For Travel & Gas.

The main idea of these gas rebate cards is that each month you get a specified percentage of the amount spent on gas. If you opt to have this percentage amount applied to your monthly card bill, you come up with a lower monthly payment. Gas rebates work similarly to cash back credit cards with a notable exception: while cash back rebates are normally sent to you once a year, gas rebates are a monthly reward. This makes the savings scheme more obvious for consumers.

What you get is a double advantage. You enjoy the convenience and speed of transactions at gas stations and you lower monthly payments to your bank. Typically, you get up to 6% or 6 points as a gas rebate, which you may receive through a gas purchase and any other purchase specified by the rewards program's terms and conditions. The highest rebate is accrued on a gas transaction and may be available only at the participating gas station.

To apply for the appropriate gas card online, make sure its rewards program satisfies your spending habits. Best gas rebate deals online allow accumulating rebates at any gasoline, which is to your advantage if you prefer to shop around in search of best gas prices. Some of the most valued features on a gas credit card are no limits and expiration dates for rebates, no merchant restrictions; online account access and protection programs, such as price protection plan and identity theft and credit account fraud prevention.

Most gas rebate offers come with no annual fees but often charge a higher then average interest rate. There might be a catch for those who carry balances. The key is to prevent interest payments from swallowing your rebate profit. It often happens when you begin accumulating interest on unpaid balances. We advise you pay your monthly bill in full which by the way is made easier with the gas rebate program.

Not all applicants will probably qualify for gas credit cards. Stricter eligibility standards and risk pricing policy make for a more accurate choice of a new customer based on his/her credit history, the score, income and other factors.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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  • Larry
    With the Virgin / Barclaycard signature offer, there seems to be some consumer deception or maybe even outright fraud goin on.   I decided to jump on this offer..  read all the info on it..  was approved for their platinum card, paid the fee, then was only awarded 10,000 points instead of the advertised 20,000.   When i inquired about the less than advertised bonus points, Barclaycard claims only Signiture Visa cardmembers get the 20,000..  as a platinum cardholder, you don't qualify for that level of bonus, so you get 10k instead.   Well, in their current ongoing promotions, it states plain as day that....    Applicants approved for the Visa Signature or Platinum Card with $49 annual fee will receive 20,000 Bonus Points awarded to your Virgin America Rewards Account at the close of the first billing statement in which you make your first purchase or balance transfer (that is not returned or rescinded) and have paid the Annual Fee on the account (and such fee is not rescinded). They don't mention anything about a separate program for platinum cardholders..  However, trying to get someone to resolve this issue with either Virgin or Barclaycard seems to be rather impossible.. Seems to me they're simply drawing people in with the fraudulent offer, then simply saying, oh, we're sorry you don't qualify..  but thanks for signing up for our garbage credit card with insane fees..   
  • CreditLandCom
    Thank you for sharing your experience with us. We have reviewed this offer and you are correct, nowhere it is mentioned that 20,000 Bonus can become a 10,000 Bonus all of a sudden... We will mention this in our review of this card so others can make an informed decision. Another way to get Virgin miles is to get an American Express charge card: The Business Gold Rewards Card® now offers 50,000 Miles, though you do have to spend $5,000 in the first three months of card membership to get it. It also has $0 introductory annual fee for the first year, then $175. Premier Rewards Gold Card now offers 25,000 Miles, though you do have to spend $2,000 during your first three months of Card membership. It also has annual fee of $0 for the first year, then $175. While we do not know If any of these offers make sense to you, we are at least sure that you will get advertised bonus in full if you decide to get them... Conversion rates for Virgin America are: 100 Elevate Points = 200 Membership Rewards® Points All the best.
  • Deborah Ellsworth
     would very much like to start a new credit history  by making payments on time I would tohave a credit card that is NOT PREPAYID! I don't need a card with a high limit just something to start a new credit history. Thank You Deborah Ellsworth
  • Deborah Ellsworth
    I would very much like to start a new credit line to get back on track. I DO NOT WANT A PREPAID CARD!! This new credit card if I am approved does not have to hace a high limit just something for me to start over again and prove myself ThankYou. D Ellsworth
  • Miss Edna
    there is a huge problem with the RFIP chip: it is easily compromised. There are already 'readers' in the form of what looks like a cellphone in a case, that scans all the info in the chip by merely walking near a person -- this 'reader' penetrates leather, cloth, spandex, etc. The only thing it will NOT penetrate is METAL. Perhaps one has seen commercials touting metal credit card cases. Here is my hint for a free fix: cut a piece of aluminum foil or use the foil that is used to keep foods fresh, like coffee. Cut it so that when folded once, it forms a sleeve for your credit card. place the credit card in the sleeve, then place the sleeve in your wallet.
  • Robin Parks
    I am looking to apply for the AARP Visa signature card from Chase that offers $100 after spend $500 in first 3 months, no annual fee and 0% interest first year; I don't want to mail in offer because of having to write in Social security #. Can you direct me to the proper on-line site?
  • CreditLandCom
    The Chase bank cards are not currently available at, but you can consider applying for the Citi® Dividend Platinum Select® Visa® Card - $100 Cash Back. The cards has similar terms and cash back program.
  • Becky
    This is Becky Now what do I do just waqit for acard to come to me?
  • CreditLandCom
    Once you have applied, you should receive a letter within 10 business days letting you know if you were approved and when your card will arrive. If you did not receive any letter or notification from the issuer, you should contact them directly. Also, you should contact the issuer if you’ve been waiting for your credit card longer than 30 days. Since we are not a bank and don’t issue credit cards, we cannot give you any information about your application or credit card.
  • SavingStar
    Thank you for posting about SavingStar. Just to clarify one sentence in your article, we have over 5 million members (not 500). Thanks, Josh
  • CreditLandCom
    Sorry for the misprint. We’ve corrected the sentence. Thank you for noticing that.
  • Eric
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