With High Gas Prices What Can You Do To Combat The Price?

One simple strategy is to use a gas rebate card. Gas rebate cards give the customer anywhere from 1-6% cash back on all purchases made at the gas station. Hey snacks are included too.

If you buy gas at Costco, then check out the True Earnings Costco Credit Card where you can use this for Costco gas purchases and earn 3% back. There is no limit on how much you can earn back with this card.

Based on today’s prices of 4.2 per gallon, lets say it takes you $84 to fill your tank. Lets also say you fill your tank 3x per month. This would total out to $252.

$252 x 12 months = $3024 per year.

Take the yearly total of $3024 and multiply it by your 3% cash back rate and you get a savings of $90 or one free tank of gas. If you only gassed up at BP and used the Chase BP Visa card, you could be saving $151 per year.

So if you want to save money on gasoline, use a gas cash back card and combat the high prices.

This entry was posted on Thursday, June 19th, 2008 at 1:14 pm and is filed under American Express, Gas Cashback. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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