To augment the drastic gas price increases, motorists have turned to gas credit cards.
If you aren't a gas credit card user yet, you may probably think this to be a little odd especially when you consider the credit part.
And, you'd probably ask why you should use gas credit cards.
You can actually reap a lot of benefits from using gas credit cards especially if you are vigilant in paying your bill on time and in full.
Stretching Your Gas Money To start off, gas credit cards can stretch your gas money.
When you use this type of card to pay for gas purchases, you earn rebates.
Current percentage rebates are between 2% to 5%, depending on the issuing company.
Usually, gas station exclusive cards offer higher rebates.
Moreover, the rebates that you earn can be accumulated in terms of rewards points.
Most often, these points are redeemed for cash backs which are usually credited to the existing card.
A cash back reward however, is not the only type of reward that can be redeemed.
Other companies offer airline tickets and gift certificates to certain products and services.
While the latter types of rewards can be very enticing, cash back rewards are preferable.
This type of reward can be used to purchase gas and you earn rebates on them too.
You actually double your savings with cash back rewards.
Gas credit cards can definitely stretch your gas money more than you can expect.
Efficient Record-Keeping We all know how tedious a task it is to keep a disbursement log.
Fortunately, gas expense record-keeping will be a breeze when you start using gas credit cards.
When you get your monthly statement of account, your records-keeping will just be a matter of filing them or transferring the data to your disbursement log.
This definitely spells convenient and efficient records-keeping.