Tag Archives: gas credit

Why Gas Credit Cards Are No Longer Second-Rate

It used to be that gas credit cards were the credit cards you applied for when you needed to improve your credit history. Nowadays, that’s no longer the case. Gone is the era when all gas credit cards offered was a high interest rate and welcome to a day and age when these financial tools have become must-have pieces of plastic.

1. Kiss High Interest Goodbye

If you think carrying a gas credit card means paying interest rates of more than 20 percent, you may want to think twice.

Gas credit cards are no longer the money guzzlers they used to be. Nowadays you can get a gas credit card with an interest rate of well below 20 percent. Just shop around and you’ll find plenty of low-interest gas credit cards available.

2. Combat Those Gas Prices

Most of us do what we can to make our gas dollars stretch. Who can blame us with the way gas prices have been going? Usually, saving gas money means conserving gas and changing driving habits. After all, it’s not like you can find coupons for fuel discounts in the local paper.

While you may not be able to find coupons for 25 cents off a gallon of gas, you can use gas credit cards to save money at the pump. Many gas credit cards offer money back or gas rebates when you use the card to pay for your gas purchases.

While it may not seem like a lot, a gas rebate of 5 percent can equate to 15 cents a gallon. That’s taking a $3.00 gallon of gas and lowering the price to $2.85. Considering some people would drive across town to get that kind of a price break, gas credit cards are looking better and better as prices go up.

Just remember, pay those balances in full each month or your rebates won’t cover the finance charges you accrue.

3. More Than Just Gas

Some gas credit cards offer added perks that have nothing to do with gas stations or fuel. Some gas credit cards have been known to offer dining rebates, double cash back bonuses and other great perks.

If you haven’t considered gas credit cards lately, you may want to give them another glance. After all, many of us have been saying that gas is like gold — so maybe a gas card is like a gold card? Check out the current deals and you may be surprised that many of the gas credit cards out there really have a lot to offer.

Chevron Credit Card – A Fantastic Credit Card For Any Gas Guzzler

If you are in the market for gas credit cards, Chevron has some tempting offers that you may want to take a look at.

Do you want to earn 10c on the gallon from all you electronic gas purchases for the next 12 months?…. Yes?…. O.K, you’re in luck. Just apply for the Chevron basic card and it’s a done deal.

To help convince you even more, take a look at the other benefits:

• No annual fee • Revolving credit terms so you can manage your money better • Itemized statements so you can track your expenses

I would love to add a very attractive APR to my tempt list, but the variable rate is 21.25%, which could be deemed as high depending on the APRs on your existing credit cards.

So let’s look at the second offer in the Chevron range and see if I could bring you round.

This card is the Chevron Premium card and there is an annual membership fee of $25, but compared to the benefits you’d realise the fee is quite minimal.

Here’s what you’ll be entitled to:

• 50% lodging discounts • Airline and car rental cash backs • Travel insurance • 5% – 50% travel savings

The APR for the Premium card is not found on the website, which is unfortunate because I believe in giving you full transparency so that a well informed decision can be made. For now we will hazard a guess that it will not be more than 21.25%

I have one more option to show you which is the Chevron Business Card. As the name suggests, this card is most beneficial to businesses and can be used to purchase most everything sold at Chevron outlets, from tires to snacks.

The benefits to the business owner are:

• Enjoy more control over vehicle expenses • Lower your administrative costs • Simplify budgeting • Two different ways you can receive your monthly statements • Increase security

The benefits go on and on, if you want to see them all, you can visit