Gas Credit Card
If you have a credit card or two, chances are you use the card to pay for
gasoline quite often. So, you may want to apply for a gas credit card. Gas
credit cards are either issued by a major credit card company, or by a gas
station (and sponsored by a major credit card company). And, gas isn’t the only
thing you’ll be able to save on if you’re approved for a gas credit card. There
are some things to look for when you’re thinking about applying, such as all
the conditions of the card, as well as the benefits of a few gas credit cards,
so that you can compare rates and features.
Finding the Right Gas Credit Card
When you’re looking for a gas credit card, you may want to review the terms and
conditions of your current credit card. Lots of credit cards have a rewards or
points system, in which you can earn cash back on certain purchases at business
around the city. Gas stations may very well fall into this category, so you may
want to check with your credit card provider to find at which gas stations you
can save the most at. If you’re thinking of applying for a new credit card
altogether, be sure to choose one that includes savings on gas. This way,
you’ll be able to use your card for purchases other than gas, and you may even
earn points elsewhere that will help you to save next time you fill up your
tank. Some gas credit cards to choose from include the Discover Platinum Gas
Card, which includes a 5% cash back bonus on gas purchases, balance transfers
for up to 10 months, and no annual fee. Or you can choose a card from Chase
Manhattan Bank, like the Marathon Platinum MasterCard, which includes auto
rental insurance benefits in addition to gas savings.
Narrowing Down Your Choices
The purpose of applying for a gas credit card should be primarily to save you
money on gas, so you may want to apply for a card for a specific gas station.
For instance, the Shell Card (sponsored by MasterCard) is ideal for those who
get their gas from Shell most often. In addition to receiving up to a 5% rebate
on Shell gas, you can also receive other benefits, such as savings on Jiffy
Lube services. There’s also the BP Visa, with which you can save up to 6% on
all your fuel purchases, and you’ll even receive a 2% savings on all other
purchases for the first two billing cycles. It’s best to choose a card that you
can use everywhere, so that you’ll be saving money no matter where you go; and
with gas prices changing often these days, the gas credit card is most likely a
good investment.