Mark Carolin

Archive for the ‘Gas Rewards Cards’ Category

A family that consists of multiple drivers, mom, dad, and teenagers is very wise to get a “Gas Credit Card” that is useable by everyone. You will find that in many cases the average family spends a lot of money on gasoline to keep their vehicles on the road.

Dad usually needs to go to work and back using his vehicle on the highway a lot and perhaps if his driving requires him driving a distance or constantly the fuel mileage really mounts up. Mom usually drives a lot taking the younger children to meetings, sporting events, going shopping and a variety of other duties that causes her to spend much money on fuel. Teenagers spend a lot of money on fuel because in most cases they have part time jobs, go to school events and like to do a lot of pleasure cruising.

In America driving a car has always been a very pleasurable event for the whole family. The driving on Sunday afternoon use to be quite an event for everyone and taking short trips to visit relatives on the weekend has always been a special way that families like to get together and enjoy each other’s company.

All these driving events require that a person use a lot of fuel for their vehicle. That is why a gas credit card for the family is a very important tool to help maintain the budget and make it possible for everyone to be able to do the driving that is necessary.

A car is one of the most prominent and big investment one may have yet it is somehow an achievement. In our society, having a car especially when it is a bit expensive can make a lot of difference in the owner’s status. Indeed owning a car can provide more advantages, but since it is a property that needs a comprehensive maintenance, it drags cyou along to many expenses and that includes the usage of gas. Now the red flag is up, here’s the challenge, how will you able to save up your money nowadays when all the products from essential to non- that-essential goods are all in a gold prices, gas in particular. This is the predicament that most car owners encounter.

Fortunately, we have now the gas reward credit card; it is one of the great ways to save energy as well as money at the fuel pump. Since this is actually new to the industry, many consumers are still hesitant to avail such. Why hesitate when the opportunity is now here waving in front of you? When gas credit cards and gas rewards were introduced, the gasoline industry and any business relating to it are anticipating that many consumers will provide this one great opportunity.

Gas reward credit cards are actually a good thing since many gasoline stations are now offering this reward. They usually offer three to five percent cash back rewards on gas but that depends on the bank that issues the card. This is one of the most common types of reward credit card. Gas reward credit card features rewards in every gasoline purchases, vehicle maintenance and services as well. If you’re a car owner, you’ll surely know how it works to keep your precious driving machine in tip top shape.

You can find gas credit cards for just about any major – and some minor – gas companies. These gas credit cards are easily found online. One site we perused, for example, told us about several different gas credit card offers. It told us how to find gas credit cards for Marathon, Hess, Phillips 66, Citgo and Conoco. A few of the gas credit cards featured allow you to purchase any brand of gas you wish from any station.

One of the gas credit cards they talked about, a Chase PerfectCard, offers a rebate of six percent for the first 90 days you use it. This rebate is good on any purchase of gas you make at any gas station.

Once the initial ninety days is up you still will realize a one percent rebate on purchases at restaurants, dry cleaners, grocery stores and clothing retailers as well as gas stations.

Not only that, your gas credit card rebates will get credited toward any purchase you make in the future with this card.

After the introductory period, you’ll earn a 3% rebate at ANY gas station on all gas purchases. Not only do you have a quick, easy payoff with this gas credit card but your APR is also fixed at zero percent on any balance you transfer to the card for up to nine months. You can earn a rate under 14 percent depending on your credit, and the first year you will be charged no annual fee.

Once your first year is up, all you will have to do to have your annual fee waived is to make nine purchases total with the gas credit card for the year.

Marathon gas credit cards offer a big ten percent rebate on Marathon Midwest and Southeast gas stations the first sixty days you use your card. After that you’ll realize a five percent rebate continuously.

This gas credit card also gives you a one percent rebate off any other purchases that you can put towards Marathon gas purchases.

This MasterCard gas credit card charges no annual fee your first year and, if you make nine purchases with this gas credit card for the year, you won’t have to pay the $20 annual fee the subsequent year either. For the first nine months you own the card there is no fee and zero percent APR on any balance transfers.

The rate on this gas credit card can be as low as 13.99 percent depending on your credit.

Hess gas credit cards offer you rebates for free gas and merchandise at every Hess, Hess Express and Wilco Hess location. The first ninety days you will earn a ten percent rebate. Subsequently, every Hess purchase with your gas credit card will net you a five percent rebate, while any purchase elsewhere will give you one percent back.

With Hess platinum gas credit cards your introductory APR is zero balance and can last up to six months. With this gas credit card there is no annual fee ever.

These days, the price of gas can make filling up a painful experience for your wallet. If you find yourself budgeting more and more for fuel each month, a gas rewards credit card may be the perfect solution. With options such as cash back programs, gas rebates and more, you can find the best gas rewards credit cards for your traveling needs.

How They Work

Gas credit cards are similar to other rewards credit cards. You receive benefits when you make purchases. In addition to offering rewards for gas purchases, some gas credit cards also include rewards for auto maintenance and other items. These may come in the form of points earned for every dollar spent. In other instances, a certain percentage of each purchase is given to you as cash or in a rebate form. Some gas rewards credit cards offer up to 5% cash back, which is hard to find in other rewards credit cards. If you earn 5% cash back, and spend $300 in gas, you can expect $15 in return. That can add up fast with a long commute or many hours of highway time.

What to Remember

Before you apply, you’ll want to research your options and evaluate your credit situation. Here are a few other factors to keep in mind:

- The interest rate: Many gas rewards credit cards come with an initial low or 0% interest rate. However, after an introductory period, a regular APR sets in. Sometimes this is higher than other credit cards. If you pay off the balance each month, this will not affect your savings on gas.

- The rewards system: Some cards grant higher rewards for gas purchases. Others include benefits for all purchases. Understanding what these are will help you plan before you fill out an application.

- Additional terms: All credit cards come with certain terms and conditions. You’ll want to be aware of the fine print, which will list annual fees, the amount of late fee charges, and how rewards are distributed. For example, the phrase “up to 1%” may mean that you will not initially earn 1% cash back. You may earn that percentage only after spending a certain amount of money. By being aware of these conditions, you will be able to better manage your finances.

Determining which Gas Rewards Card is Right for You

A gas rewards credit card may be a perfect fit for your budget, especially if you spend a lot of time on the road. As you conduct your search, consider the Discover Open Road gas rewards credit card. This card offers 5% cash back on gas and auto maintenance purchases. As an added bonus, you’ll start off with 0% APR for up to 12 months.

Another card to consider is the Chase PerfectCard MasterCard. For the first 90 days, you’ll receive 6% in rebates for all gas purchases. After that you’ll get 3% in rebates from any gas station. This credit card also includes 1% in rebates for other purchases.

Once you receive a gas rewards credit card, you’ll find the benefits add up quickly. Use the card for car-related expenses, and consider using it for other purchases if you’ll get additional rewards. Your gas budget will thank you.

Copyright Ed Vegliante. Free online reprints of this article are allowed provided the resource box remains intact with a live link back to http://www.credit-card-surplus.com

A good credit score opens doors. Lenders feel comfortable offering credit cards for good credit because you have proven your creditworthiness over a substantial period of time. You have a low risk of default, and you have earned the right to promotional offers, rewards programs, and low interest rates. So how do you know which credit card to choose when you are offered so many different rewards? Let’s take a look at a few types of credit cards for good credit to give you a better understanding of the benefits of each:

1. Cash Back - With a cash back card, you are rewarded with a rebate equal to a percentage of your purchases. For example, you have a cash back credit card that offers 5% cash back on supermarket, gasoline, and drugstore purchases. As you make purchases your rebates add up, and you are able to cash them in. If you spend $150 in gas, food, and pharmacy purchases each week, at the end of the year, you will be able to cash in $390 in rebates. ($150/week x 52 weeks/year = $7800 x 5% cash back rewards = $390)

2. Rewards Points - Instead of offering cash back, some credit card issuers offer points and rewards programs. You earn rewards points when you make purchases. As you make purchases, your rewards points add up. After you have earned a specified number of points, you can then redeem them for free merchandise, gift cards, magazine subscriptions, etc.

3. Gas Cards – Many credit card issuers are sensitive to the cost of gas and will reward you for purchases with a prepaid gas card. As you make purchases you earn points. After you earn a specified number of points, you can redeem them for a prepaid gas card. With some gas card rewards credit cards, you can even earn points when making gas purchases.

4. Airline/Frequent Flyer Mile Rewards - When you make purchases with these rewards cards, you receive points towards miles for air travel. Once you earn a specified number of points, you will earn frequent flyer miles toward discount and free travel accommodations. These rewards work best for those who travel a lot.

5. %0 APR Promotions - This means any purchases you make on this card will not incur any finance charges during a certain introductory period. The promotional period usually varies from 6-12 months. Many people use this interest-free period to transfer balances from high interest credit cards then pay the balances off within the promotional period. Making timely monthly payments on these credit cards is very important. When one payment become past due, most 0% APR rates adjust to a higher rate.

With all of the different types of credit cards for good credit and rewards that are available, there is no ‘one size fits all’ or ‘best’ credit card solution. They all have great rewards and great potential for savings. Look for credit cards for good credit that offer rewards that match your lifestyle and your spending style. And with all credit cards, be sure to make wise purchases and timely payments. Good credit is a great asset.

It should be noted and understood that there are several different types of BP Gas Cards available to both individual consumers and businesses. This article covers the features and benefits of the BP Visa