At one time, consumers were clamoring for credit cards that gave you airline miles as a bonus. Now, instead of reaching for the sky, people just want to hit the road for less. So credit cards that pay you even a little bit back at the pump are worth their weight in plastic.
Credit Cards that Give You a Discount on Gas:
- BP Visa With this card, you’ll receive a 5% rebate on all BP purchases, plus 2% back on certain dining and travel merchants. And 1% back on almost all other purchases. Remember, the 5% discount isn’t just on gas. So if you’re low on milk, head into the BP store and compare prices with your local grocery store.
- Chase Freedom Card You’ll receive 3% back on your top three spending categories. So if you buy a lot of gas among other things, this card is worth it. Also, when you accumulate $200 in rebates, you’ll get a check for $250. But you need to call and request the money.
- Discover Open Road You’ll get 5% cash back on gas and automotive maintenance purchases, plus up to 1% back on everything else. You can increase your rewards, even double them sometimes, if you request your cash back in the form of gift cards. The choices are endless. They include book stores, restaurants, florists, clothing retailers and travel services. The merchants are listed on Discover Card’s web site. It’s a good idea to accumulate those gift cards and use them as presents for the holidays.
Other Ways to Save at the Pump:
- Take Public Transportation. That may seem like obvious advice, but the incentives to take the bus, subway or light rail are even stronger. Some companies are now paying part of their employees’ transportation costs if workers use public transportation or take part in a vanpool.
- Eat at home. You’ll not only conserve gas, but you’ll be amazed at how much you can save by cooking yourself. Get creative! Try new recipes, cook with what’s on sale, and share quality family time together.
Remember, cutting out the small trips add up to bigger savings when it comes to fuel costs. If you tally up all the “quick” trips you made to the grocery store, or coffee shop, you will be surprised to learn how much those errands run up your monthly budget. And if you make one trip to the grocery store a week instead of three or four, you’ll end up buying less food.