123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Save Money On Gas With Multiple Credit Cards

Profile Picture
By Author: Jeremy Biberdorf
Total Articles: 138
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

If you're serious about saving money on gas, consider using more than one credit card. You can exploit all the benefits of each card. Then when you reach the rewards limit, simply switch to using your other credit card.

Ideally you could find one credit card that could give you high cash back rates with no limit. Unfortunately most gas rebate credit cards have limits on the rebates you can earn. Once you reach the rebate limit or the introductory period expires, the cash back percentage decreases. Suddenly your 5% gas rebate credit card only gives you 1% back. Most people would keep using the credit card out of habit. Often they don't even realize that they are getting less cash back.

What is stopping you from using more than one rebate credit card? Don't settle for the roll back rebate percentage. When the credit card company reduces your rebate percentage, switch to another card that will give you reasonable rewards. With this strategy, you could get high cash rebates all year.

Before attempting to juggle multiple credit cards, carefully read each credit card's terms and conditions. To make things difficult, ...
... each credit card has its own formula for earning rewards. For example, most gas rebate credit cards start with high cash rebate percentages. Then once you spend a certain amount, your rebate rate goes down. General cash rebate credit cards tend to be the opposite. Those cards start with a low cash back percentage that increases as you spend more. That type of credit card would be best used exclusively.

Sometimes a particular gas station offers a really good credit card, but is only applicable at their gas station. Take advantage of that offer and use a different rewards card if you purchase gas elsewhere. When the gas station attendant asks for your rebate card, be proud that you are one of the smart people saving money.

Another thing to watch out for is credit cards that have a minimum total purchase for rebate eligibility. You might only qualify for rebates after you spend a few thousand dollars. Plan your spending and figure out which credit cards would work best together. Also remember to be responsible with all your credit cards and pay them off in time.

Each gas rebate credit card is different. So to really save money on gas, your strategy should be to use the best credit card for each purchase, even if that means owning multiple credit cards. If your credit card doesn't always give you the best deal, do something about it. Don't be afraid to add another credit card to your wallet.

Compare the best gas credit cards online. Then apply for a gas rebate credit card online today to start saving. Also save money with cash back bonus credit cards.

Total Views: 259Word Count: 471See All articles From Author

Add Comment

Investing / Finance Articles

1. Chart Patterns For Effective Intraday
Author: strike

2. Analysis Of Bank Statements: Essential For Banks And Nbfcs
Author: Aakash Parikh

3. Essential Tips For Buying Crypto Miners: Make Informed Decisions
Author: blockdag

4. Everything You Need To Know About Applying For A Swift Funds Loan
Author: Sofia Alice

5. Finding The Right Mortgage Broker In Abbotsford And Surrey, Bc
Author: Satbir Bhullar Mortgages

6. Jaydeep La Residency Thane Kolshet Road Project 2 & 3 Bhk Flats
Author: akhilagardas

7. Embracing Sustainable Investment With Esg Data & Solutions
Author: By Inrate Team

8. The Importance Of Lead Qualification In Solar Appointment Generation
Author: Shan Tait

9. Setting Up Your Company In Ireland: Key Considerations For Successful Formation
Author: LSC and Partners - Corporate Tax Consultancy LSC

10. Mortgage Lenders edmonton – How Are They Going To Help You
Author: Dominion Lending Centres Ratefair

11. Why Managing An Smsf In Perth Can Maximize Your Retirement Potential?
Author: Daniel Stewart

12. The Future Of Cryptocurrencies: A Look Ahead
Author: Ethan

13. Unlocking The Power Of Biodiversity In Data Solutions & Rating Services
Author: By Inrate Team

14. The Role Of Chartered Tax Advisors: Ensuring Compliance And Maximizing Benefits
Author: Business Tax & Money House

15. Innovative Accounting Solutions For Modern Businesses
Author: Business Tax & Money House

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: