How to save money with gas station rewards?

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Credit Card Applications » Research » Guides » Travel with Credit Cards » How to save money with gas station rewards?

How to save money with gas station rewards?


Updated: December 26, 2012

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With the increase in gas prices and travelling costs, gas station reward credit card programs are becoming popular among the general public. To attract more customers, some of credit cards offer higher percentages of reward points. Customers should, however, keep in mind that these higher rewards are just an introductory offer and the reward percentage will drop once the credit card company gains the customers loyalty. There is another drawback of this reward and that is the fact many of the reward cards are valid for only some selected gas stations. It is therefore advisable to the credit card holder to understand the terms and condition of the reward card before using. Traveler who is constantly changing stations will not be benefited with gas station reward cards that are valid for a specific gas station company. They will choose gas reward cards that are flexible to use and have a wider usage. The other thing that all card holders should be aware of is that many card companies restrict the limit of the number of times the reward points can be used in a year. Again there are also gas station reward cards that charge extra for every transaction that are made. These terms of the reward card should be checked before applying for a gas station reward card. The following steps will help in saving money at the gas pumps:
  1. The number of points that can be availed in a single bill cycle should be well understood. A credit card company offers a mixed bag of reward points. The user must choose a reward point that will benefit him. For example, a businessman who needs to travel a lot by road, can save money by availing gas station reward points. These reward points will not only help in earning extra points but also help the businessman acquire higher rebates and benefits when purchasing gas from a gas station.
  2. There are a number of gas stations that offer cheaper prices of quality gas. Acquiring discounts with the help of these gas station reward cards will further make the gas cheaper. The Internet will come in handy in selecting cheap gas stations. Entering the city and the zip code will bring out a list of cheap gas stations from which the user can choose the one nearest to its place.
  3. There are a number of grocery stores that offer gas reward programs that are linked to customer discount cards. The best way to earn benefits will be to shop from the particular shop to the maximum but within the budget and earn the maximum gas station reward points. Sometimes the stores that are placed within the periphery of the gas station also offer some reward points that can be exchanged for free services of different kinds. This free service includes a onetime servicing of the vehicle, cleaning of the car or giving the owner a part of the cash of his total expenses or a part of the gas that he fills up totally free of cost.

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