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With
ever rising pump prices, gasoline credit cards
have become increasingly valuable financial instruments. There are not
a great deal of these types of specialized offers available, but there
most certainly are different terms associated with gas credit cards, so
be sure to carefully compare and understand them before you
apply.
Some
important considerations include:
- Is it a cash back
offer, or a discount at the pump
- Is the card good
for one company's gas, or at any station you choose
- What types of
rewards and incentives are offered
- Is there a
balance transfer feature
- Are there any fees
- What is the
interst rate
This list is by no
means a comprehensive list of the features that you should be looking
for, but it is an excellent starting point. Gas credit cards will
obviously benefit those businesses and individuals that drive
extensively, compared to someone that doesn't log all that many miles.
This is actually one of those rare credit cards that will save you
money the more you use it.
As far as
flexibility and rewards go, our recommendations include the Discover Open Road Card, The Chase PefectCard and the BP Visa Rewards Card. Take
your time to compare the features and benefits of the BP Credit Card offer and
always be sure to thoroughly familiarize yourself with the terms and
conditions of each offer before you apply.
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