I wanna save some money on gas. I'd like to apply for a gas credit card which offers cash back. What gas card would you recommend and why?(Chevron, Mobile, Shell).
2007-05-03 15:06:59 · 8 answers · asked by Svet 1 in Business & Finance ➔ Credit
You might want to avoid a 'specific' gas card (like Chevron, Mobile or Shell) because they tend to have higher interest rates and fees. Plus, you'll be limited to where you can use your card and earn extra bonus points.
You might want to try a more 'generic' gasoline credit card. You can find a complete list of offers here:
http://www.asapcreditcard.com/gasoline-cards.html
The Chase Perfect Card and Discover Open Road Card are probably 2 of the best offers. Both have competitive interest rates and offer 0% APR's. Plus, they'll give you a lot more flexibility.
Hope this helps... GOOD LUCK!
2007-05-04 03:06:45 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Almost all of the Gas Credit cards are issued by
CitiBank, getting cash back is useless unless you
pay the entire balance each month. I have no particular
like or dislike for any of the cards except CitGo
and in my area, Shell and Chevron are most prominent
so I have both.
2007-05-03 17:14:17 · answer #2 · answered by justgetitright 7 · 0⤊ 0⤋
we take a look at three factors that can ruin your gas reward credit card experience.
1. Not being able to repay the balances every month
If you are not in a condition to repay the balances fully every month, the credit card company will simply don't give you any reward, be it gas, low APR, or any other. The most important condition they keep is that a credit card holder should be able to repay the balances in full. The only situation that saves money for you, if you falter on repayments, is to get a credit card with the lowest possible regular APR.
2. Not using the right partner to fill your tank
Credit card companies have special tie-ups with filling stations and gas providers. They mention it clearly in their offer document. If you keep on taking gas from every single filling station except the preferred partner, you get nothing! Choosing your filling station matters. Read all about it at: http://www.credit-card-gallery.com/article/261,3_factors_that_can_ruin_your_gas_reward_credit_card_experience
2007-05-04 00:44:25 · answer #3 · answered by abel jarrod 2 · 0⤊ 0⤋
I think Marathon had a good card with a high cash back rate.
2007-05-03 19:16:49 · answer #4 · answered by Gatsby216 7 · 0⤊ 0⤋
The gas card that has the MOST ETHYL
2007-05-03 19:23:41 · answer #5 · answered by . 7 · 0⤊ 1⤋
Cash back that is lower than the interest paid...hmmm....They are all high interest, cash is no interest. Any questions???...
2007-05-03 15:14:08 · answer #6 · answered by Mark P. 5 · 0⤊ 0⤋
From all that I have read about them, I personally would never get one.
2007-05-03 16:23:19 · answer #7 · answered by Steve 4 · 1⤊ 2⤋
you might want to go here to compare them
http://www.bestcreditrates.net
2007-05-03 18:14:00 · answer #8 · answered by Anonymous · 0⤊ 0⤋