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Dec 3, 2008: Rising gas prices is one of the biggest challenges for those of us trying to live within a budget. On a bigger scale, its impact has caused prices of food and other essential commodities to spiral up. Most American families have been challenged to look for creative ways to cut down on their consumption of gas. Some common frugal gas tips include car pooling, public transport, optimized planning of our trips and tasks, telecommuting, remote work, good driving habits, maintaining our cars in good shape, finding the best gas deals and more.
We use another useful hack for saving our gas dollars - "Gas Credit Cards." These cards offer a cool cash back or rewards on gasoline purchases. If used properly, they can save to the tune of 5% on our annual gas expenses. In that light, here is our research on some of the best gas cards currently available in the market:
Image Source(s): iStockPhoto
We use another useful hack for saving our gas dollars - "Gas Credit Cards." These cards offer a cool cash back or rewards on gasoline purchases. If used properly, they can save to the tune of 5% on our annual gas expenses. In that light, here is our research on some of the best gas cards currently available in the market:
Credit Card | % Cash Back | Rewards: Limits / Cap | |
Gas | Other | ||
3% for purchases of automobile gas | » 2% cash back on travel » 1% cash back everywhere else including Costco | Unlimited | |
Special(s) | » $25 statement credit after first purchase with the card » 0% Intro APR for first 3 months » No annual fee with a paid Costco Membership | ||
3% rebates on ALL eligible gas purchases | 1% rebates on ALL other purchases made anywhere else | »Gas: $15 Monthly »Other: Unlimited | |
Special(s) | » First 90 days: 6% rebates on ALL eligible gas purchases at ANY gas station » 0% Intro APR for up to 6 months, No annual fee | ||
5% for purchases of ANY automobile gas and auto maintenance | » 1% unlimited Cashback Bonus on all other purchases after our total annual purchases exceed $3,000. | »Gas: $5 Monthly »Other: Unlimited | |
Special(s) | » Earn 2% Cashback Bonus on our first $1,000 in purchases made at grocery stores from 1st Nov through 31st Dec, 2008 » 0% Intro APR on purchases for 6 months and balance transfers for 12 months » No annual fee | ||