Reviewing The Benefits Of Gas Credit Card

Posted by Nick Niesen on October 29th, 2010

Most people who own a car have similar problems. The cost of fuels never ceases to increase and it is a definite financial burden to all car owners. So, what we need to do is to cut down on overhead expenses in gas mileage. This problem has been finally answered when another type of credit card was been created. This is called the gas credit card.

A gas credit card is very handy. It allows convenience for car owners when purchasing gas. Great rebates and promos are constantly being offered. To find the best deals, all you need to do is browse the internet for more information. There are various internet sites that will provide you links to different gas companies including Hess, Citgo, Conoco, Phillips 66, and Marathon. It is also possible that you could obtain a gas credit card that is allowed to be used in purchasing gas at several gasoline stations.

Most of the gas companies are doing their best to attract car owners to purchase their gas credit card from them. They are offering even up to 10% rebates upon 60 days of acquisition then will continue at a 5% rebate. Some gas credit cards will not be charging annual fees to their clients for a one year period. The clients are also entitled to make 9 purchases within that year without paying the required annual fee of ninety dollars on the next year. It is also a great benefit for you to have a 0% APR on balance transfers.

Other companies have online sites to make the application for gas credit cards easier and to satisfy the consumer's needs for an immediate and a quality service. Besides this advantage, they also offer a 6% rebate within a ninety days period which is very good to use for any gas purchases. If ever the period expires, you would still enjoy a 1% rebate upon any purchase at grocery stores, clothing retailers, and restaurants. A 0% APR is also constant over a period of nine months. It is much better if you can obtain a gas credit card which is below 14% rates and will not charge you annual fees. The company is also giving a waiving option to their clients. The annual fees can be waived into a minimum of 9 purchases within a period of one year.

Always take into consideration every credit habits and needs when looking for the right gas credit card. Ask yourself if the card that you are looking for is exclusively used on purchasing gas, or the card that has other features to offer, such as low APR, option to pay balances each month, option to use the card on several gas stations, and others.

Choose the features which are important to you the most. It was mentioned earlier that rebates have different percentage offers depending on the gas companies you are applying for. Make sure that you understand the terms and conditions to avoid regrets in the end. Read fine prints carefully by focusing more on APR, annual fees, rates for various credit card transactions, and other fees involve. Compare the advantages of one gas credit card from the other cards in your lists.

It is also advisable to double check the sources of your information. You can visit local gas stations for verification if the gas credit card that you are planning to purchase is widely used and effective. Remember that you are going to invest your money to achieve your goal of attaining lower gas mileage.