Five Things You Can Do With a Gas Credit Card

Five Things You Can Do With a Gas Credit Card
Think you don't need a gas credit card? Think that Visa and
MasterCard are enough? Well my friends, a gas credit card
may be more convenient than you think. Here are five
reasons why you might want to consider one.

1. Pay Less for Gas

With the way gas prices have been lately, who wouldn't love
constant discounts? Many gas cards offer just that with
generous rebate programs. Some cards offer up to
five-percent back in the form of rebates. If gas is $3.00 a
gallon, that's a discount of 15 cents. If you drive an SUV
like me, that's a savings of $6 a tank! That can really add
up over the course of a year.

2. Shaky Credit?

If you've got a tarnished credit history but want the
convenience of charging your gas purchases, then a gas
credit card may be just what you need. Many of these cards
have more lenient credit requirements, which means that you
may qualify for one even if you don't have the best credit
standing and have been turned down for other cards in the
past.

3. The Fleet Deal

Have a business with multiple vehicles? A fleet card may be
a valuable tool. With fleet cards you can manage your
business's fuel expenses and some cards even offer volume
discounts on the gas you purchase. When it comes to your
business's bottom line, every penny counts and fleet cards
can be priceless.

4. Easy Budget Management

If you manage your gas credit card properly, it can be a
very valuable analysis tool. If you use your card to
purchase gas only, you can see exactly how much you're
spending on fuel each and every month.

If you notice a drastic increase in fuel consumption and
you know the increased spending isn't due to price hikes,
you'll know something is awry with your vehicle. If you try
to change your driving habits to reduce the amount of fuel
you use, you'll be able to see if the changes are really
working.

5. No Temptation

For those who just can't resist the temptation to spend
when they have a major credit card in their wallet, gas
credit cards can be a problem-solving solution.

You can use the card to build up your credit history and
pay for gas purchases without having to fight the
temptation of "impulse" shopping at the local department
store.

It's true that the gas credit cards of yesteryear had their
problems. Ridiculous interest rates and unfavorable terms
abounded. Nowadays, however, this segment of the financial
industry has changed and these cards have much more to
offer. If you've avoided applying for a gas credit card in
the past, you might want to rethink that decision.

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For more tips on gas credit cards, saving money and
avoiding getting taken, check out CreditCardTipsEtc.com, a
website that specializes in providing credit card tips,
advice and resources.
http://www.creditcardtipsetc.com/gas_credit_cards/