Because of the constant gas prices climbing higher everyday, motorists are constantly on the lookout for saving a few dollars at the pump. I mean, who wouldn’t be? Since gas is on high demand, we wouldn’t be surprised if the prices of gas will skyrocket once every two to three months.
One way to curb this rising concern is to avail a business gas credit card for your company. You can apply for a gas credit card just like the way you would apply for a regular business credit card.
You can also issue business gas credit card for your employees. This way, you can keep track of the expenses of your company’s fuel consumption. And it is very helpful in terms of bookkeeping and auditing. The statement of account is sent to you so can really make ‘sure that the company’s expenses are legitimate.
It has become widely popular these days in having a gas credit card. With its enticing reward incentives to the consumers, who would not be interested? Most of the people in the planet today have a car. And to make your automobile work, is to pump up your tank with gasoline. Since gas is a necessity at the moment and you need to save on these type of commodity.
Aside from riding in the public utility bus, you can save on gas even without having to walk your way to work. When you apply for a business gas credit card, gas credit cards offers rewards to consumers in the form of gift cards, discount certificates or check.
The more you tank up your wheels the more you will receive cash back on your purchase. Plus, every time you use your gas rebate credit card for filling up your gas or buying groceries, you receive a three to five percent rebate on your purchases. The best cards will also offer you a one percent rebate on all other purchases. You will receive your rebate either as a credit on your statement or via a check in the mail.
Before signing up for a card, make sure to carefully read the card’s terms and conditions. Business gas credit card is the most convenient and economical way to fill up your car, but make sure you know the difference between the offer featured in large print, and what is hidden away in the fine print.
So gas up today. Before signing up for a card, make sure to carefully read the card’s terms and conditions. Gas rebate credit cards can be a convenient and economical way to fill up your car, but make sure you know the difference between the offer featured in large print, and what is hidden away in the fine print.
Depending on the card offer, you can save up to $.20 per gallon when you use the card to buy gas. Some credit card companies will even award increased or doubled rebates for a limited time (usually for two or three months after you activate the card). During that period anybody who uses their gas card will receive up-to $.30 per gallon purchased. Other card companies offer instant rewards for signing up for their gas credit card, like a $50 certificate or a free oil change.
Are The Cards Really Worth It?
While gas rebate credit cards are extremely tempting with gas prices ticking up toward $5, there are a few things to consider before signing up for one of them. It is important to read the fine print on the credit card contract to fully understand what the card will offer you in the long run.
While you consider your options, here are a few things to remember about gas rebate credit cards:
- Introductory offers only last so long—Many card companies offer very high rebates for only a short length of time—around ninety days. After that period is up, the rebate can drop considerably.
- All gas stations are not created equal—While gas rebate credit cards offered by major credit card companies may seem flexible, even they have restrictions on where the rebate will count. Buying gas at a wholesale club is often much cheaper than a regular gas station, but it may not receive a full rebate.
- Interest rates are extremely high—Because gas cards are rewards cards, they have higher interest rates than most credit cards, often as much as twenty percent. If you do not pay off your bill in full every month, gas cards may end up costing more than they save for you.
- Rebates may not be forthcoming—Some card issuers do not automatically refund you the rebate money and instead require that you request the rebate. The unwanted hassle is worsened by the fact that your rebate may disappear altogether if you do not act within a certain time frame.
- Rebates may be capped—Many gas credit cards have a limit to the amount of money you can receive in the form of a rebate, usually between $300-$600.
For more info: http://www.bizcreditcards.org/
Tags: credit card, gas cards, gas credit cards