Gas credit cards are becoming more popular as the price of fuel continues to escalate past the $3 mark. Rising costs at the pump have actually forced some people to change their driving habits. Drivers are limiting their time on the road, or seeking alternative modes of transportation. With no clear end to the price hike in the foreseeable future, consumers are desperately looking for ways to save.
“Are there actually Perks to Some of these Gas Station Credit Cards?”
Credit cards like the Marathon Chase Bank Card or the Chevron Card actually offer rebates on gas purchases. Some cards offer up to 10 percent back on gas, as well as other items that can be bought at the station. Most cards will offer a high percentage rebate for an initial start up period, but will eventually cut that rate back to under five percent. Instead of offering rebates, some cards will simply give drivers a discount on every gallon of gas they buy.
Prepaid Gas Credit Cards
Some people are committing a certain amount of money to gas a month by purchasing prepaid gas credit cards. Most major gas station chains offer some form of prepaid card. A person can choose from several different values, and use the card until it is depleted. These cards are beneficial to people in many different situations. A prepaid card ensures that money needed for gas will be spent on gas. These cards are excellent for:
- Gifts to students who are away at college and need a dedicated source of funds for transportation expenses
- Employees who operate company vehicles (as opposed to documenting and verifying receipts and arranging for reimbursement).
- People who commute frequently and do not wish to spend precious time in the cashier’s line each morning.
Finding the right prepaid gas card doesn’t have to take a long time. An online service that offers multiple applications can be an excellent tool for assessing one’s options and locating the ideal offer.