What makes a gas rebate card better than the rest?

Friday, June 19th, 2009

What makes a gas rebate card better than the rest?

Best gas rebate credit card offers

There are plenty of different options for gasoline rewards cards, but the very best gas rebate credit cards are those that offer more than just a rebate at the end of a billing cycle.

Comparing the various gas reward cards offered through many different companies will reveal a truth: Some are great cards, and some are not so great. The best offers are those which have the total package: A low interest rate, no annual fee, and a generous rewards program.

If you are paying a high interest rate on a gas rewards card then it probably isn’t worth it to begin with; the rewards you receive may not even justify the money you pay out in interest charges.

The same holds true for annual fees and other fees attached to the card. You may have a great interest rate and decent gas rewards, but if you are paying fee after fee then you simply aren’t getting your money’s worth.

Some credit cards that fall into the “gas rebate credit card” category are dedicated gas cards, while other cards in this category are certain cash back credit cards that give a larger percentage of cash back on gas purchases made with the card.

Sometimes, the “best” gas rebate credit card can turn out to be a cash back card that gives a generous rebate on gas purchases while also offering a more flexible overall reward program. These types of cards can end up prodcuing larger reabtes for cardholders than other one-dimensional alternatives.

A low interest rate and low fees can sometimes make up for a mediocre rewards program, but with so many available gas rewards programs out there it doesn’t make sense to settle for a less-than-spectacular card.




Comment on this FAQ










Consumers putting their money in different places now

Credit Card News

Consumers putting their money in different places now

A recent report from credit giant TransUnion took a look at where people are now putting their money and had some interesting findings. Read more



Credit Card Tips

Credit card rule changes

As of yesterday - August 20, 2009 - some new rules for credit card companies are in effect. Read more



Credit Card Calculators

Balance Transfer Calculator
Balance Transfer Calculator

Calculate the best distribution of your credit card debt. Determine which balance transfers will produce the greatest savings.



you are here ›› homefaqcredit cards
Frequently Asked Questions - Credit Cards