Although the rising gas prices have seemed to steady a bit recently, the national average for regular unleaded is sitting at just under $3 a gallon right now, a far cry from the prices of just ten years ago. The global economic problems of late only add more uncertainty to our collective future visits to the gas station. Gas credit cards can help bring some relief to consumers at the pump, as well as provide some additional consumer benefits.
Gas cards can be very convenient for almost anybody. There isn't a faster way to make a gas stop then the pay at the pump feature that most gas stations offer these days. It goes without question that these cards are available for use to pay at the pump, and also inside at the register as well. This can be especially convenient for the business traveler needing to get back on the road, or for anybody else who simply lives life on the go.
Gas credit cards can also be useful for the consumer looking to keep a closer track on his or her daily expenses. By reviewing your monthly statement or keeping track online, you can find out exactly how much you are spending at the gas pump each day, week, month, etc. Business owners often issue gas cards to their employees on the road and use it as a more simple way to keep track of fuel costs. Also, this information can come in hand when preparing your taxes.
Some consumers like to keep credit cards in their wallet strictly for emergency purposes, and this is yet another use you can get out of your gas card. Also, some gas cards offer rewards programs to help ease the pain of the high cost at the pump. A lot of these cards offer a cash-back program, earning you back a certain small amount from each time you use your card. Having a decent credit rating will generally make it pretty easy for you to get approved for a gas card, although there are numerous card programs that offer cards to people with average and even bad credit scores. These cards may require an annual fee and may even offer a higher APR or annual fee.
Some gas cards will allow you to use it only for gasoline or gas-station purchases. Others will allow you to use your card anywhere you see the card provider logo (Visa, MasterCard, etc). When you use it to purchase gasoline your rewards bonus will typically be a little bit higher then other purchases. Some of the best credit card offers available today fall under the gasoline card category.
The average amount that a typical gas rewards program will save you is about 5-6% of your total gasoline purchases. This money generally gets credited back towards your statement, although some companies will offer to send you a check in the mail or make the deposit back to your bank account. These accounts can be very rewarding for you, but like with any credit account you must always do your best to use it responsibly. Paying your full balance each month will ensure that you can only reap benefit from your account, and not succumb to any of the pitfalls that all credit card accounts have.
Gas cards can be very convenient for almost anybody. There isn't a faster way to make a gas stop then the pay at the pump feature that most gas stations offer these days. It goes without question that these cards are available for use to pay at the pump, and also inside at the register as well. This can be especially convenient for the business traveler needing to get back on the road, or for anybody else who simply lives life on the go.
Gas credit cards can also be useful for the consumer looking to keep a closer track on his or her daily expenses. By reviewing your monthly statement or keeping track online, you can find out exactly how much you are spending at the gas pump each day, week, month, etc. Business owners often issue gas cards to their employees on the road and use it as a more simple way to keep track of fuel costs. Also, this information can come in hand when preparing your taxes.
Some consumers like to keep credit cards in their wallet strictly for emergency purposes, and this is yet another use you can get out of your gas card. Also, some gas cards offer rewards programs to help ease the pain of the high cost at the pump. A lot of these cards offer a cash-back program, earning you back a certain small amount from each time you use your card. Having a decent credit rating will generally make it pretty easy for you to get approved for a gas card, although there are numerous card programs that offer cards to people with average and even bad credit scores. These cards may require an annual fee and may even offer a higher APR or annual fee.
Some gas cards will allow you to use it only for gasoline or gas-station purchases. Others will allow you to use your card anywhere you see the card provider logo (Visa, MasterCard, etc). When you use it to purchase gasoline your rewards bonus will typically be a little bit higher then other purchases. Some of the best credit card offers available today fall under the gasoline card category.
The average amount that a typical gas rewards program will save you is about 5-6% of your total gasoline purchases. This money generally gets credited back towards your statement, although some companies will offer to send you a check in the mail or make the deposit back to your bank account. These accounts can be very rewarding for you, but like with any credit account you must always do your best to use it responsibly. Paying your full balance each month will ensure that you can only reap benefit from your account, and not succumb to any of the pitfalls that all credit card accounts have.
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