Tips for choosing gas station rewards credit card

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » Tips for choosing gas station rewards credit card

Tips for choosing gas station rewards credit card


Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
Gas prices are increasing daily. Your monthly income sadly is not witnessing the same highs. Dump your old gas station card that gives no reward points or cash back on purchase. Stop paying high annual fees and high rate of interest for such credit cards. With various oil and gas companies giving discounts on gas and other purchases, you need a credit card that matches your needs. You no longer need to drive miles down to the only gas station to gain rebates. With companies offering reward points on gas purchase at any station and other discounts, go ahead and sign up for a credit card that gives value for your money. Here are some tips to help to help you sign up for the best gas station rewards credit card. Read the fine print of the gas station rewards policy to identify conditions for earning gasoline rewards. Avoid signing up for credit cards that charge a high rate of interest and make obsolete all gasoline purchases except those made select gas stations. Reward credit cards charge higher fees than credit cards without rewards. A rewards credit with annual fees of $50 will require you to spend $5000 to reap any awards. It is worthwhile to have such a credit card, only when your reward points double on every purchase of gas and other merchandise. Also remember that you will earn no reward points, if you fail to pay off your monthly balances and keep carrying it forward to the next month. Having a low credit score will allow you to fill up your tank without shelling out a single penny but burn a hole in your pocket with high annual fees. So, regular payment of the entire outstanding balance is necessary to earn reward points. It will also save you from paying a lot more money in the form of higher interest for late payments and a late fee charge. Do not forget to track and redeem your reward points, as reward points expire, if not used within a certain time limit. At the end of the month, you can glance over your gas expenses by looking at the credit card bill and decide to keep it or go for another. If you prefer to carry just one credit card in your wallet for all your purchases, then choose a credit card that gives reward points on purchase of gasoline as well as other merchandise. If you are planning to get rid of your old, fuel guzzling SUV, for a more fuel efficient automobile, that is equipped with the latest safety devices, you may want to go for a credit card that provides reward programs for car lease and purchase as well as gas. Final tip: Follow vehicle maintenance to ensure your car is running on maximum fuel efficiency. You will benefit by making fewer trips to the gas station and paying less money at the end of the month.

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.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!