2 Tips to Saving with Gas Rewards Credit Cards
Every year, fuel prices seem to go higher, thanks to political policies that restrict domestic production and overseas turmoil that makes importation more expensive. Unfortunately, these issues ultimately hit American consumers hard; especially now, when widespread financial problems have left most scrambling to make ends meet. If you’re looking to save at the pump, gas rewards credit cards can help; however, it’s important to consider a few things before you acquire a card.
Get a less restrictive offer
Gas rewards credit cards can save you a lot of money – when you are able to use them. If you get a card that only works at specific stations, you could end up forced to drive out of the way to fill up your tank. Usually, it’s smart to get a card that will allow you to buy gasoline at more than one place. This is especially important for people who drive a lot for their jobs; as they often lack the time it takes to search for participating stations, when they are trying to meet deadlines and make appointments.
Pay your balance down every month
When used correctly, gas rewards credit cards shave down the cost of fuel; however, when used incorrectly, they offer little to no savings. If you forget to zero-out your balance at the end of every month, you’ll be hit with costly interest charges that will reduce your overall savings.