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Credit Cards - How They Can Lower Your Gas Bill

By Willie Green


The truth is the cost of gas has continued to increase and this trend won't be ending anytime soon. This has left many people looking for ways to reduce the amount they spend on gas every month. Many people may be surprised to learn that one method for reducing the cost of gas is by using credit cards. But it's not about using just any credit card. A gas rebate credit card is what you want to use.

Similar to other cash back rewards programs is a gas rebate credit card. When you use your gas rebate credit card to buy gas, a certain percentage of the money you spend will be credited back to your account by the end of the month. Gas rebate credit cards pay you each month unlike most cash back credit cards that only pay you once a year. With the rising cost of gas, it is easy to see why consumers can save a lot money on the cost of gas. The percentage earned for using the gas rebate cards average at about 3%.

Gas rebates for specific brands is what many credit card companies will offer. For some, you can only use them at certain locations. This is a great option for those who go to specific places in order to buy gas. If you are the type of person who shops around for low gas prices, having a gas rebate card may not help you. If your car is running low on gas, looking for certain location to use your gas rebate card can be tedious. This caused many credit card companies to offer cards which can be used at any gas station.

Among people who want to lower the cost of their gas, these cards have become very popular. If you have an SUV or truck, then this is especially true. Some companies may offer gift certificates or other rewards while most gas rebate cards pay back the customer in the form of credit to their account. Another important thing to keep in mind is that a lot of credit cards have restrictions. Some cards only allow you to earn credit on purchases made at the pump instead of the counter.

Limiting the amount of credit you get back each year are many gas rebate cards. Really good cards will give you a few hundred dollars back each year. Another great benefit is that most of these cards don't require you to pay annual fees. You will want to do your research to find the different cards available.




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