Save on Gas Using Credit Cards
If you are looking around to find ways to save money on gas, then using a credit card can help you save up even when you are spending at the pump. That might sound like a bit of an oxymoron, especially if you have had bad experiences with credit cards in the past. Here is how to save money and to be smart with your credit card expenses so that you can get the maximum benefit from using your credit to pay for your daily gas needs.
Call up your provider and check your current credit plan to see if you have gas cash back or similar benefits. Some credit cards actually offer programs that help you manage your credit more and give you daily discounts. Ask about what kind of discounts you can have when you use your credit card. You never know, it just might be something that you were never aware of! Some credit cards not only provide discounts on gas, but car maintenance and other auto discounts that you might love.
If your credit card provider does not offer that gas option, why not ask if they have a special gas credit card available that you can sign up for? If you have been a long-term client, your new gas credit card should be only a transfer away. This makes it easier for them to give you a new credit card without a new bank or provider resorting to a credit report check. If you are worried about that, why not continue with your current provider? They certainly know what your rating is. Ask them to mail you documents that you could go over before you sign up so you know what you are getting into.
Using gas credit cards to save might seem like a bit of a paradox. After all, aren't 60% of all Americans knee debt in credit card debt? This might be true but it is also because a lot of people are not aware of how to use their credit cards for maximum benefit and minimum pressure. If you want to apply for a gas card, hunt for one that will give you low to zero interest. This way, even if you get behind on payments, the interest will not kill the potential savings that you will have. Also, being smart with your credit pays off in the long run. If you apply for a lower rate gas card and keep it as a way to spend while paying off your other, higher interest cards, your credit rating will eventually go up. You will be benefiting from more than just saving on gas.
Remember, you are looking to save money, not spend it. If you cannot afford to take out another credit card, and then pay off all those that you have first before doing so. It will not do you any good if all the cash back you get just goes right back to pay off other debt. Being smart about your credit will help you in the end!