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5 Important Factors to Consider Before Getting a Gas Credit Card

Paul Smith — Wed, 20 Jan 2010 10:15:22 +0000

The current gas prices have made gas credit cards spread around like wild fire. Motorists are keen on saving every penny they can on gas money and gas cards can definitely save a considerable amount. But if you’re one of those who haven’t used a gas card before, don’t go forth blindly into getting a gas card. There are important factors that should be considered in getting gas cards. To help you, below is a list of the top five important factors.

1. Rewards

Gas credit cards work just like ordinary credit cards only that you save more if used on gas purchases. Rebates are offered for every gas purchase and this is how you save from gas credit cards. When looking for gas credit cards, find out first how much you will be saving from your gas purchases. Rebates are usually at 2% to 5%, so you may want go with a card that offers the highest percentage. And if you plan to use your card on other purchases, look for cards that offer rebates on non-gas purchases.

2. Fine Print

Read the fine print; don’t just go for the highest percentage rebate. Look into the card’s rebate and rewards offers, and the process of redeeming them. Consider in particular cash back rebates that don’t expire or if they do, consider longer expiration periods. If you are a frequent flyer, cards that convert rewards points into airline tickets may appeal to you. Also, look into how rebates are redeemed. Sure, every card offers rebates but make sure you will be able to redeem them. Lastly, read the card’s fine print for rebate caps. Stay away from cards that limit your savings.

3. APR

The APR is the annual percentage rate that will be charged on the maintaining balance on your card. To max up savings from gas credit cards, the balance should be paid in full every billing period. If not, the balance is charged with the APR. Even if you originally planned on paying your balances in full, there may be instances when you won’t be able to. So, choosing a card with the lowest APR will be preferable.

4. Fees

Credit cards usually have annual fees but most gas credit cards don’t. Consider credit cards that don’t have annual fees, save for those that offer other benefits that negate these fees. If you’re not meticulous in looking for cards, fees could easily eat out your savings especially if you don’t spend that many miles on your car.

5. Introductory Period and Rates

Several cards offer higher percentage rebate during introductory periods-often from 90 days to 12 months. Introductory rebates are usually twice the regular rebate, from 6% to 10%. While it is okay to go for cards that offer introductory rates, the rebate that you get during regular months should be considered. Introductory rates can sometimes be too sweet.

Using gas credit cards is a sure win as long as you know how your card works. Be wary of fees and interests as they can easily negate your savings.

GasCardsGalore.com offers free applications for gas credit cards online. Apply for a gas card today at http://www.gascardsgalore.com

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The Best Gas Card

Paul Smith — Tue, 19 Jan 2010 07:01:20 +0000

Using gas cards is one of the best and convenient way of reducing the pinch of ever increasing gas prices. If you haven’t started using one yet, you’d probably be on the look out for the best gas card. If your question is – What is the best gas card?, then you won’t get a specific answer. Gas cards have different rates and features, and answering your question would depend on your gas spending habit. To help you, below is a list of the top five gas cards and the criteria for comparing each.

Discover® Open Road Card

Discover Open Road Card offers up to 5% rebate or rewards points on gas purchases and auto maintenance expenses. Accumulated rewards points earned on this card can be redeemed in the form of cash backs. This card carries no annual fee but it carries an annual percentage rate or APR at 10.99%.

Discover® Open Road(SM) Card for Students

This card is the Discover Open Road card version for students. This offers the same unlimited 5% rebate on gas purchases and auto maintenance expenses, only that it does not expire. Its annual percentage rate is at 16.99%.

Citi® Professional(SM) Cash Card

This cards offer a rebate of 3% on gas purchases and is good for those who plan to maintain a balance on the card since it only carries an APR at 9.99%.

BP Visa® Rewards Card

The BP Visa Rewards Card offers a 10% unlimited rebate on gas purchases during its one year introductory period. For the regular months, this card offers a 5% unlimited rebate. Rebates however, can only be earned and redeemed if this card is used at BP gas stations. Moreover, this card carries no annual fee but charges an APR at 11.99%.

Blue Cash® from American Express®

The Blue Cash from American Express card offers an unlimited 5% rebate on gas purchases and charges a 9.99% APR on the card’s maintaining balance.

There you have it, the top five gas cards. The best card would depend on what you are looking for and on your spending habit. The following are the criteria that will help determine the best gas card.

Rebate

If you are looking for a card with the highest percentage rebate, your best card will be the BP Visa Rewards card. However, this card is BP exclusive and if you live across town from a BP gas station, then this card is not for you. The next cards with the highest percentage rebate would either be Blue Cash from American Express or any of the two Discover Cards.

Annual Percentage Fee or APR

The balance on your gas credit card is charged with an annual percentage rate or APR. If you plan on maintaining a balance on your card, then the card with the lowest APR is the best card for you. Disregard percentage rebates; your APR can easily eat out your savings despite high percentage rebates. From the above cards, the Blue Cash from American Express and the Citi Professional(SM) Cash Cards have the lowest APR at only 9.99%.

GasCardsGalore.com offers free applications for gas credit cards online. Apply for a gas card today at http://www.gascardsgalore.com

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Mobil Gas Card- 5 Reasons Why You Need One in Your Wallet

Paul Smith — Thu, 14 Jan 2010 18:58:37 +0000

Mobil has been in the market for so long. It has been a brand that has been trusted by so many people over the years. It has prove itself to be one of the finest since after all fuel brand came and go Mobil still stands firm and is still continuing its service to many people nationwide. The overwhelming response of people with Mobil has been the reason why it is still in the market after so many crisis that it have faced in the past. It stands firm to its mission and that is to offer good, quality service to the people. They can’t just turn their back on all the people that keeps using their product since they owe the people their name. Because of the gratitude that Exxon have on their clients they have extended their service with an Mobil gas card that could help people save money together with the rising gas price. With the high gas price all you need in your wallet is the Mobil gas card. Asking why? Here are 5 reasons why you need one.

1. As we all know that if we apply to any card they always cost us annual fees. But with Mobil gas card you are secured that you don’t have to pay any annual fee. It will lighten up your burden as you will be using the card with no fees for using one. You don’t have to worry annually of the additional charges that it could add to your bill. Your worries will be lessen knowing no annual fee will be charged to you

2. Hassle free. Every time you fuel up your car using your Mobil gas card you don’t have to pull out your card from your wallets. When applying your will be given a speed pass key tag that you can joist point at and it will be good as showing your Mobil gas card. With using the card you can save not just money but also your time as well.

3. Mobil gas stations are available nationwide. You don’t have to go looking for an Mobil gas station wherever you will go because you will be assured that there is one at your reach. Through this you can save up on your gas by not coasting the road and searching for an Mobil gas station.

4. No need to go to your bank to check on your account. What you need is just to get online and you will be able you check about your current billing statement and the charges that is made to you. Hassle free isn’t it?

5. You don’t want your bill too late or too early for your monthly income, right? Well here is what Mobil offers you for your convenience it is you that will determine your own billing date. You will be given the full authority to choose your billing date. Now it will come just on time for your own convenience. You don’t have to worry about not expecting your bill because it will now come on time as you have requested it.

For more info see: Mobil Gas Card

Kelvin Young – Author of: Mobil Gas Card- 5 Reasons Why You Need One In Your Wallet

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