Gas Rebate Card Pros And Cons

A gas rebate card may seem like they are saving you money on gas but you need to understand how they work and read all of the fine print. The introductory offers are always quite good but once those offers end you will need to get a bit creative to keep receiving good rebates using a gas card. The main point of the gas rebate card is that you can save when buying gas from specific gas stations or retailers.

Many times a gas rebate card will offer savings of between 5-6% as an introductory offer. However for the vast majority of all cards this savings will only apply for the first few months. Then after that period is over the savings will drop to between 2-3%. The terms and conditions are also variable as they are not fixed and they can change on you in an instant. Make sure you read all of the terms and conditions before accepting the card.

Many time gas rebate cards are only good at certain gas stations. To get the full amount in savings you will always need to go to a mobile or Shell, depending on your card. You should also look at the interest rates associated with your gas rebate card, as they tend to be higher. If you plan on carrying a balance then you do it on another card with lower interest.

Many times you will have to make a request for the rebate and if you do not request it then you it can disappear after about 6 months. It is possible to be creative and save quite a bit on gas but this can take some time to figure out.

It is possible to get some good savings from gas rebate cards but you will have to be very creative, such as purchasing a pre-paid discounted gas card using your gas rebate card, so you get a combined savings on gas.