With ever rising pump prices, gasoline credit cards have become increasingly valuable financial instruments. There are not a great deal of these types of specialized offers available, but there most certainly are different terms associated with gas credit cards, so be sure to carefully compare and understand them before you apply.
Some important considerations include:
• Is it a cash back offer, or a discount at the pump
• Is the card good for one company’s gas, or at any station you choose
• What types of rewards and incentives are offered
• Is there a balance transfer feature
• Are there any fees
• What is the interst rate
This list is by no means a comprehensive list of the features that you should be looking for, but it is an excellent starting point. Gas credit cards will obviously benefit those businesses and individuals that drive extensively, compared to someone that doesn’t log all that many miles. This is actually one of those rare credit cards that will save you money the more you use it.
As far as flexibility and rewards go, our recommendations include the Discover Open Road Card, The Chase PefectCard and the BP Visa Rewards Card. Take your time to compare the features and benefits of the BP Credit Card offer and always be sure to thoroughly familiarize yourself with the terms and conditions of each offer before you apply.
Who couldn’t use a gasoline credit card these days? With the price of gas per gallon rising steadily, a card that rewards you for filling up is a benefit that few can afford to pass up. When looking at these gas credit cards, realize that all are not the same.
They have great benefits but some may be for cash back on gas purchases or points towards free gas at the pump. There are also cards like the BP Visa card that rewards you for using their pumps only. Don’t despair. You don’t have to ride on fumes until you see a BP Amoco station. Choose the Discover Open Road card or the Chase PerfectCard credit card and earn cash back bonuses for filling up at any gas station you find.
Gasoline cards have other benefits that will interest you. Earn cash back rewards and points for other purchases as well. The BP Visa credit card also has a balance transfer feature that is good news for those wanting to get out from under their current high interest rate credit cards. Buying gas has never been more beneficial to your pocket than with these credit cards. Check out all of the offerings and be sure to read the terms of service before applying.