Do Gas Cards Really Save You Money?
With the price of gas rising you may have felt emptying your pocket a little more than usual. If you have noticed the difference of expenses that you had before compared to now you are not alone; many have been experiencing the same problem as well. However credit card companies along with fuel companies were able to come up with a great new way to save big at the pump - using gas cards. Gas cards enable the consumer to spend and save money at the same time. It may sound too good to be true and I'm sure you have some questions right now like how can you save when you're spending, right? So here it is.
When you spend money on gas using a gas card you save in a way that by using your gas card in paying for your gas the credit card companies give you a 3-6% rebate of what you spent. It may look like a small amount of money but it accumulates quickly into a nice chunk of change. Yes, you can really save money in using gas card. Whatever rebate that you accumulate in the end will be given back to you in cash, gift card or even extended to your credit card to be used for further purchases when using your credit card. Sounds good right? Not only that you are able to choose in what way you want you cash back to be given depending on what the credit card company offers you.
Just consider a gas card as instant money off per gallon of gas. You spend money on gas using your gas card and get it back a percentage of it back. Imagine how often you fill up your tank and imagine how much money you could be saving using a gas card, and with that money you can count your purchases as freebies for having to fill up your tank.
Gas cards are not there to put you in debt; they are there to help you save money doing what you do almost every week, filling up your tank! You don't have to break those piggy banks anymore, all you have to do is get a gas card and there you could have your own piggy bank that is literally secured by the bank through the credit card company. It's much easier now for you to fuel up the engine of your cars because either way you benefit from it. You are able to fuel up your car at any gasoline station through you gas card and you are able to get cash back at the end. So if someone asks you does gas card really save you money, you now know what to say-it does, big time!
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Discover® More Card
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| Issuer: | Discover |
| Category: | Reward - Cash |
| Status: | Platinum |
| Type: | Discover |
| Introductory Rate: | 0 |
| Applied to: | Purchases, Balance Transfers |
| Gas Rebates |
| Get 5% Cashback Bonus on seasonal purchases like restaurants, department stores, gas stations, clothing and home improvement stores and more.
Earn between 5% and 20% Cashback bonus at over 200 online retailers when you shop through ShopDiscover.com.
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TrueEarnings® Card from Costco and American Express
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| Issuer: | American Express |
| Category: | Reward - Cash |
| Status: | Standard |
| Type: | American Express |
| Introductory Rate: | 0 |
| Applied to: | Purchases |
| Gas Rebates |
| Cash back on the things you buy: 3% on restaurants and gasoline up to $3,000 annually, 2% for travel, and 1% almost everywhere else |
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