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Only three things are certain in life – death, taxes, and rising gas prices. Reducing household expenses can be easy enough. Just make do without certain things that you do not need. Reducing gas expenses, on the other hand, can be a little more complicated. Your car will always require the same amount of gas to run and you can't change that, unless you walk, commute, or ride a bike. Inviting as these alternatives might be, it defeats the purpose of having a car in the first place.
Because of stiff competition, credit card companies have collaborated with gas stations to come up with the best gas reward credit card. The best gas reward credit cards on the market today are forever competing to come up with the best incentives for consumers. By choosing the best gas reward credit card most suited to your lifestyle, you can reduce the costs of your gas expenses considerably.
Match Made in Heaven
The best gas reward credit cards allow consumers to accumulate points for every gas purchase they charge in certain gas stations. This is a partnership that is beneficial to both the credit card and gas companies. Affiliate gas companies pay credit card providers what we call merchant charges for the use of credit card facilities. And since the best gas reward credit cards are specific to certain gas brands, gas companies gain the advantage of being set apart from the competition.
As a consumer, you benefit every time you use the best gas reward credit cards. You earn points simply by frequently charging your gas purchases in affiliate gas. Once you have reached a certain point threshold, you are rewarded with free gas.
Make Your Credit Card Work for You
Many credit cards claim to be the best gas reward credit card. Before settling on a specific credit card, however, research your options and find the best gas reward credit card that fits your needs. Remember that the best gas reward credit cards only award points for gas purchases made in affiliate gas stations. If you have a specific gas brand of choice, it is best to apply for the best gas reward credit card it is affiliated to. If sticking to one gas brand does not appeal to you, however, there are also gas credit cards that allow you to earn points from any station, like the Chase PerfectCard Mastercard and the Discover Gas Card.
Apart from earning points for gas purchases, the best gas reward credit cards also offer other perks to consumers. Some of the best gas reward credit cards offer a 0% annual percentage rate, or APR, on purchases and balance transfers for an introductory first year. Cards of this type include the Chase Freedom Cash Visa Card and Chase BP Visa Rewards Card.
Another feature common among the best gas reward credit cards is the ability to earn rebates when used in restaurants, retailers, drugstores, and supermarkets. Cards like the Citibank Drivers Edge Platinum Select Card and Blue Cash from American Express let you do this. There are even gas credit cards that earn points not only with gas companies, but also with most leading car manufacturers throughout the world. Examples of these cards are Volkswagen Platinum Visa, Chase Subaru Mastercard, and GM Flexible Earnings Card.
With the variety of privileges offered by credit card companies, no credit card can singularly lay claim to being the best gas reward credit card. Compare and find out which one can save you the most money. Finally, choose not only the best gas reward credit, but the one that gives you the best value for the long gas-ups ahead.