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- Reviewing Gas Credit Cards
Reviewing Gas Credit Cards
- By Tom Tessin
- Published 04/6/2008
- Personal Finance
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Tom Tessin
Find gas credit card reviews and more of Tom's work at FINDgascards.
View all articles by Tom Tessin
I’m sure if you’re starting to read this article, you’re in the market for a gasoline credit card. If not, then I would highly advise you keep reading because not only will you learn how to save on gas, you’ll learn how to pick out the right credit card for your needs. In this article, I’m going to point out a few points on how you can find the best credit card so that you can get the most back on your money the next time you fill up.
Check the monthly limits
The first thing you’re going to want to do and I can’t say this enough is check if there’s a limit on your gas card. What you will find with some gas cards is that they will set a limit on how much you can save per month or year. I would strongly advise that you stay away from a card that has a very low limit. I would try and find a card that’s out there that has no set limit on how much money you can get back. These cards do exist, you just have to go out there and check for them.
Scan the terms
This is going to happen with any credit card you apply for, not just a card that’s built around gasoline rebates. You’ll want to check the terms such as the annual percentage rate, if it has an annual fee, and where your card can be used. Make sure that you pay
close attention to where the card can be used. With some cards, they can only be used at particular gas stations. This will bring me to my next point.
Do you want a gas station based?
When it comes to gas cards, do you want a card that can be used at only one particular gas station or do you want a card that can be used at any gas station? What you’ll find different between the two is that generally, a gas station based card will allow you save a little bit more money while a card that can be used anywhere will have a lower rebate rate. If you do sign up for a gas station only credit card, make sure that there are gas stations around you where you can use that card.
Read the reviews
Just like buying a big ticket item, you probably do your research. Treat your credit card the same way because you’re not going to want to apply, find out you don’t want it and sign up for another credit card. The more credit cards you apply for, the more likely you might hurt your credit score. The best place to find reviews for these cards are either on the internet or asking friends and family. You’ll be surprised how many people have gas credit cards.
If you don’t have a gas card, it’s a great way to save up on all of your fill ups. Do your research and find the right card. Once you do, you’ll be saving money in no time.
Check the monthly limits
The first thing you’re going to want to do and I can’t say this enough is check if there’s a limit on your gas card. What you will find with some gas cards is that they will set a limit on how much you can save per month or year. I would strongly advise that you stay away from a card that has a very low limit. I would try and find a card that’s out there that has no set limit on how much money you can get back. These cards do exist, you just have to go out there and check for them.
Scan the terms
This is going to happen with any credit card you apply for, not just a card that’s built around gasoline rebates. You’ll want to check the terms such as the annual percentage rate, if it has an annual fee, and where your card can be used. Make sure that you pay
Do you want a gas station based?
When it comes to gas cards, do you want a card that can be used at only one particular gas station or do you want a card that can be used at any gas station? What you’ll find different between the two is that generally, a gas station based card will allow you save a little bit more money while a card that can be used anywhere will have a lower rebate rate. If you do sign up for a gas station only credit card, make sure that there are gas stations around you where you can use that card.
Read the reviews
Just like buying a big ticket item, you probably do your research. Treat your credit card the same way because you’re not going to want to apply, find out you don’t want it and sign up for another credit card. The more credit cards you apply for, the more likely you might hurt your credit score. The best place to find reviews for these cards are either on the internet or asking friends and family. You’ll be surprised how many people have gas credit cards.
If you don’t have a gas card, it’s a great way to save up on all of your fill ups. Do your research and find the right card. Once you do, you’ll be saving money in no time.
