With the recent gas price increases, motorists are all the more keen on using gas cards. Using gas cards offers motorists the opportunity to earn rebates, usually from 2% to 5% or even more during introductory periods. But rewards or rebates are not limited to this rate. Here are some of the best tips on how to get the best from gas cards.
1. Use gas cards to purchase prepaid gas cards at gasoline stores. Most cards offer rebates on gasoline store purchases. Therefore, you get to earn two discounts. One from the prepaid gas card purchase and on gas purchases from the card.
2. Use gas cards that can be used at any gas station. Station exclusive cards may offer higher rebates or more rewards but you miss out on savings in situations when you may need to pump gas at other stations.
3. Do not maintain a balance on your gas credit card. When you do, you will need to pay the annual percentage rate that is charged against it. Basically, this rate is higher than the average credit card rate and may easily undermine your savings.
4. Take note of expiration dates especially on redeeming rewards points. You earn rewards points on gas purchases with gas cards. Make sure that you redeem them; don't watch your savings go down the drain.
5. Use cash back rewards for gas purchases only. If you receive your cash back via a credit to your card and use it for gas purchases, you earn rebates too. In the long run, your savings may reach 20%.
Using gas cards is a good way to stretch gas money. But don't just be content on the percentage rebate. Get the best from your gas card with the tips above and you will be guaranteed of more savings and rewards.
Want to start saving using gas cards? Visit http://www.GasCardsGalore.com
Article Source: http://EzineArticles.com/?expert=John_F_Smith
1. Use gas cards to purchase prepaid gas cards at gasoline stores. Most cards offer rebates on gasoline store purchases. Therefore, you get to earn two discounts. One from the prepaid gas card purchase and on gas purchases from the card.
2. Use gas cards that can be used at any gas station. Station exclusive cards may offer higher rebates or more rewards but you miss out on savings in situations when you may need to pump gas at other stations.
3. Do not maintain a balance on your gas credit card. When you do, you will need to pay the annual percentage rate that is charged against it. Basically, this rate is higher than the average credit card rate and may easily undermine your savings.
4. Take note of expiration dates especially on redeeming rewards points. You earn rewards points on gas purchases with gas cards. Make sure that you redeem them; don't watch your savings go down the drain.
5. Use cash back rewards for gas purchases only. If you receive your cash back via a credit to your card and use it for gas purchases, you earn rebates too. In the long run, your savings may reach 20%.
Using gas cards is a good way to stretch gas money. But don't just be content on the percentage rebate. Get the best from your gas card with the tips above and you will be guaranteed of more savings and rewards.
Want to start saving using gas cards? Visit http://www.GasCardsGalore.com
Article Source: http://EzineArticles.com/?expert=John_F_Smith
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