Gas Rebates at a Glance
In this state of economy, people are clamoring for discounts, sales, and rebates. If you are anything like me, and anyone else that drives, you are looking for any way that you can to save money, especially when it comes to gas.
How many people do you see gassing up at a service station with gas at $3.39/gal compared to a gas station with gas at $3.45/gal? I’d be willing to bet that the one with the lower gas price gets up to twice as many customers as the other.
Credit card companies know you want to spend less on gasoline, so they’ve advertised some very attractive initial offers. The Marathon Platinum MasterCard and the WaWa Visa card initially offer 10% cash back on gasoline purchases at their branded stations.
Discover Platinum offers 1% back on purchases and 5% rebates in revolving award categories that include gasoline and travel. Plus, you’ve got the flexibility to spend those savings on whatever you like.
The American Express Blue Cash is another option to receive rebates on gas. After the first $6k or so it goes to 5% gas, 5% super market, 5% drug store, and then 1.5% on everything else, which is extremely high.
The PENFED Platinum Visa offers 5% gas anywhere, 5% on any airline, 2% at the grocery store and 1.25% everywhere else. It is a Credit Union card, but it is the 2nd largest credit union in the country.
Now that we’ve narrowed it down for you, feel free to browse different offers and be sure to know exactly what you are signing up for. It is important to read the fine print and also be sure to pay off your balances every month.