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Author Topic: Credit Cards Back to Topics
gobux10

Champion Author
Ohio

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Message Posted: Oct 18, 2011 5:05:32 AM

I would be interested to see what credit card gives the best rebate/reward for gas purchases. I have a Chase rewards that used to pay 3% off of gas but the company changed the card to a Freedom card. Now Chase changes IT'S TIME TO ACTIVATE NEW BONUS CATEGORIES
Rarely is it for Gas.

What card do you guys like?
Thanks
REPLIES (newest first) Topic is locked
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TxJeans
Champion Author Tampa

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Message Posted: Dec 8, 2012 6:07:15 PM

Max - the guy before you bumped a lot of topics today.
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maxstar
Champion Author Chicago

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Message Posted: Dec 8, 2012 3:39:17 PM

Not sure why this topic was bumped. And it is in the wrong category.
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skidsteer85xt
Champion Author Indiana

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Message Posted: Dec 7, 2012 9:02:22 PM

chase says it will give 5% back.
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2011370Z
Champion Author Phoenix

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Message Posted: May 15, 2012 2:53:25 PM

Oh yeah. I get a text before every quarter reminding me to sign up for the 5% rebates.
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2011370Z
Champion Author Phoenix

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Message Posted: May 15, 2012 2:52:39 PM

My Chase Freedom card gives me 5% on gas the first and third quarters of the year. 5% on Supermarkets this quarter.
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TxJeans
Champion Author Tampa

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Message Posted: May 13, 2012 5:30:29 AM

Sallie Mae 5% back on first %500 of gas and/or groceries, 1% all else - cash back. Downside, you have to request the CB as it is not automatic. You also get 5% apparently at Super Targets and Super Walmarts. 5% back on books, and it appears that it includes much more than books at Amazon. Bonus first 90? days if you spend X amount ($500?) - easy for me based on groceries and bills.

PenFed

CB used to be the best around, but now is my gas only CC - 5% (not much on anything else, but goes right back as deduction on the statement as received.

They are trying to convert folks to points rewards card - 5 pts gas, and points for other categories - but you have to mess with points rather than cash back.

Apparently there is a good Fidelity card out there but not sure if available for NEW enlistments.

Oh - and none are worth it unless you pay your FULL BALANCE every month before the DUE DATE so you don't carry interest. Duh! You would think that would be obvious, but - apparently not.



[Edited by: TXJEANS at 5/13/2012 8:38:03 AM EST]
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W707
Champion Author Pennsylvania

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Message Posted: May 12, 2012 9:29:26 PM

Belive it or not you have one of the best cards according to an article i seen on the internet Chase Freedom is one of the best cards.
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wrentham98
Rookie Author Massachusetts

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Message Posted: Apr 13, 2012 7:47:20 AM

For me, paying cash is a psycological reminder to be frugal. And I only buy from stations that give me a discount for paying with cash.
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txweagly
Rookie Author Jacksonville

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Message Posted: Apr 1, 2012 6:35:28 PM

Discover card
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RacerGene
Champion Author Alabama

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Message Posted: Apr 1, 2012 4:28:47 AM

I too like the Discover gas card
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Debrastorch
Veteran Author Florida

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Message Posted: Mar 31, 2012 5:41:03 PM

The only problem is that gas stations charge 10 cents more when I use a credit card. Is it really worth it?
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thebrohta167
Champion Author New Jersey

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Message Posted: Mar 29, 2012 3:11:30 PM

cash back ones
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kxy4fw
Champion Author Denver

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Message Posted: Mar 29, 2012 5:43:20 AM

AMEX Costco Crd gives 3% on gas.
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CariRS
Rookie Author Louisiana

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Message Posted: Mar 29, 2012 5:30:53 AM

I too like the Discover gas card.
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Levi2974
Rookie Author Gary

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Message Posted: Mar 28, 2012 4:56:36 PM

Discover card is pretty good. :)
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kma2011
Rookie Author Alberta

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Message Posted: Mar 25, 2012 6:27:37 PM

I try not to use credit cards too much interest some months use cash mostly anymore
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bruin19MD
Champion Author Maryland

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Message Posted: Mar 25, 2012 5:16:24 PM

Use a VISA card myself, earns about 1 point per dollar (?) I then cash in points for BP gas cards when I accumulate enough.
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Eldora
Rookie Author Long Island

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Message Posted: Mar 24, 2012 8:03:37 PM

Sorry for not answering the question last post:

Discover is giving 2% cashback bonus for the first $250 gas purchase each month, as of today, March 24, 2012. That is really not so much when you consider it's 2 cents on the dollar and you're paying on the average 10 cents more per gallon plus interest on the balance if you have one. So for 10 gallons at $4.00/gallon, you're paying an extra $1.00 for credit (10 X .10) and getting back 8 cents (2% X $40).

I use Discover, but if they take debit for cash, then I use that.
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Eldora
Rookie Author Long Island

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Message Posted: Mar 24, 2012 7:51:28 PM

I would like to know why they are allowed to charge more for credit? Their argument that the card companies charge them fees doesn't hold water when you consider that they are the only merchants engaging in this practice, and you don't see it outside of the metro NY area.

I also want to know why there are no regulations regarding how they post their prices... they post their cash price, but that is deceptive when you consider that the credit prices vary by 6 to 10 cents per gallon, so you can't compare unless you drive in and out.

Gulf on Express Drive South in Ronkonkoma is charging $1.00 over cash price to use a credit card. Isn't this gouging? I reported it to Gulf Oil and to the Atty General. I was almost out of gas when I pulled in. When I saw that I was outraged and left... I'd push it to the next station rather than pay an extra $14 for a tank of gas.
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Hardcorehogam
Sophomore Author Illinois

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Message Posted: Mar 24, 2012 11:12:20 AM

New card has 3% for the first 90 days.
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lesabreAZ
Champion Author Phoenix

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Message Posted: Mar 24, 2012 11:09:55 AM

yeah discover has 5% but won't last much longer
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brian314159
Rookie Author Indiana

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Message Posted: Mar 23, 2012 6:34:02 PM

The only one I've found that still gives decent rebates is the BP card. I think it's 5% on all BP purchases and 1% on all other purchases. But, they don't pay anything on non-BP gas purchases.
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seabrz7
Champion Author California

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Message Posted: Mar 20, 2012 4:32:37 PM

Don't use credit/debit most of the time. There are local deals like our Food Maxx - if you spend 25 dollars on groceries, you get 10 cents a gallon off. I do that when I need things from their store.
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13Octane
Champion Author Tucson

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Message Posted: Mar 20, 2012 2:46:48 PM

cash
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tasha88CA
All-Star Author California

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Message Posted: Mar 18, 2012 7:22:39 PM

none for gass
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CiVX
Champion Author Oakland

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Message Posted: Mar 16, 2012 11:34:47 AM

.
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Jescareno22
Veteran Author Toms River

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Message Posted: Mar 14, 2012 8:37:51 PM

.
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JCI46009IN
Champion Author Indiana

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Message Posted: Mar 9, 2012 10:52:10 AM

Month in and month out I do better at Sam's Club with there credit card
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heyjudeCT
Champion Author Hartford

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Message Posted: Mar 6, 2012 3:04:51 PM

discover card gives 5% cashback on gas purchases thru end of March
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jdhelm
Champion Author Iowa

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Message Posted: Feb 27, 2012 10:08:00 PM

when I use my Sinclair credit card at 1 station in Onawa, Iowa, they give a 3 cent discount, however, if i pay cash, it's 3 cents more - go figure
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Michael29644
Champion Author Greenville

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Message Posted: Feb 27, 2012 10:06:04 PM

"The biggest problem with paying cash is that not all stations give a cash discount - as a matter of fact most of them do not."

Many of them in upstate SC do.
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sylver7
Rookie Author San Antonio

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Message Posted: Feb 27, 2012 7:09:47 PM

I just have a Walmart credit card with a low balance, and the only thing I could think to do to pay 3 cents less at Sam's for gas was to charge it, and then just pay the amount charged off before my payment is due. Maybe it was a little less somewhere down the road, but if I'm not going thata way, I'll just pay the few cents extra.
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Mikeyl
Champion Author Cleveland

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Message Posted: Feb 27, 2012 5:38:57 PM

Why don't you people get this.

The credit card companies are NOT giving this stuff away for FREE?!?!?!?

The rebate is paid for by the exorbitant fees charged for the credit card transaction. If the fees were lower (or, God forbid - didn't exist), prices, overall, would be significantly lower - in some cases up to 6-7% lower.

The use of credit and debit cards has only raised prices. And, I am as guilty as anyone. I almost never carry cash anymore and use my check/debit card for everything.
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kxy4fw
Champion Author Denver

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Message Posted: Feb 26, 2012 4:56:13 AM

Costco AMEX at 3 percent.
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AmericaWestCMH
Sophomore Author Detroit

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Message Posted: Feb 25, 2012 3:05:35 PM

I use the Exxon card. You get a flat 15 cents/gallon rebate.
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ghostNC
Rookie Author North Carolina

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Message Posted: Feb 25, 2012 1:18:50 PM

I don't have one, but I've seen Shell advertise 5 cent off every gallon up to like 100 a month or something, when you pay with their credit card.
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KansasGunman
Champion Author Kansas

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Message Posted: Feb 25, 2012 9:04:11 AM

Your Chase Freedom card is in fact paying 5% cash rebate this quarter...in the event you missed their notice via e-mail.

That equates to a .20 per gallon savings at today's price here in AZ.

[Edited by: KansasGunman at 2/25/2012 12:07:32 PM EST]
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DaisysMomNC
All-Star Author North Carolina

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Message Posted: Feb 25, 2012 9:00:15 AM

The biggest problem with paying cash is that not all stations give a cash discount - as a matter of fact most of them do not.
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jgs818
Champion Author New Jersey

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Message Posted: Feb 25, 2012 8:57:44 AM

gave up using credit cards for gas when qrounf here cash price is 8 cents lower per gallon in some cases. The rebate on cc doesnt equal overall savings to using cash
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kazper007
Rookie Author Baltimore

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Message Posted: Feb 23, 2012 7:50:25 AM

I don't use credit cards to buy gas, although maybe I should. I wouldn't spend nearly enough for the AMEX 6500 limit, but I would probably earn a few bucks here and there. I've been debating the UPROMISE but have my doubts.
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catfish99
Champion Author Wilmington

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Message Posted: Feb 23, 2012 3:24:38 AM

The AMEX Blue deal also includes groceries, so once you hit $6500 on your combined gas and groceries for the year, you jump from 1 1/2% back to 5% back.
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DaisysMomNC
All-Star Author North Carolina

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Message Posted: Feb 22, 2012 4:35:04 PM

I'm getting 5% from Chase and Discover now
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GLM4205
Champion Author Toledo

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Message Posted: Feb 22, 2012 4:15:41 AM

I use my bank's cc and it pays 3% on gas and 1% on the rest. I use it and pay off every month.
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ToyotaNV
Rookie Author Nevada

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Message Posted: Feb 13, 2012 12:11:47 PM

In addition to what Citadel68 says, Discover gives 5% back on gas this quarter (and also the third quarter of 2012). COSTCO doesn't accept neither Visa, no MasterCard, no Discover, so it pays to use their own COSTCO American Express card to pay there for gas. It gives 3% back (and the business AmEx from COSTCO gives back 4% on gas).
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Citadel68
Rookie Author Virginia

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Message Posted: Dec 26, 2011 2:05:47 PM

The Chase Freedom UltIMate Rewards card is giving a 5% rebate starting January 1, 2012 and continuing thru March 31st. The 5% will be continued again starting July 1 thru Sept. 30th. Don't forget, you'll need to call Chase prior to the starting period to sign up for that quarters rewards. It truly is the bst deal out there IM humble O. JCEJr
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MARIOWERX
Champion Author Vancouver

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Message Posted: Dec 20, 2011 5:12:33 PM

What has this got to do with Boycott/Gasout Talk??
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weidmanmj
Rookie Author Indianapolis

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Message Posted: Dec 20, 2011 4:26:02 PM

I have the old American Express Blue Cash card. 5% on gas after you've spent $6500 that year, 1.25% before that. Unfortunately the gas is almost always the cheapest at Costco around here, and that doesn't qualify for the rebate as it is part of a warehouse club.
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13Octane
Champion Author Tucson

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Message Posted: Dec 18, 2011 3:17:10 PM

i pay cash
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WSU_Coug
Champion Author Boise

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Message Posted: Dec 18, 2011 7:18:37 AM

Upromise card
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TreasuryGuy
Champion Author California

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Message Posted: Dec 10, 2011 3:38:47 PM

If you are looking for a cash back credit card AND you pay off your balance every month so as not to incur any interest charges, I highly recommend the American Express Blue Cash card.

Earn unlimited cash back with no annual fee. Up to 5% cash back at supermarkets, gas stations, and drugstores. Up to 1.25% everywhere else.

You get a smaller rewards I think on your first $6,000 of annual charges.

Of course, with American Express you have to have a higher credit score and it's not accepted at all merchants. I have found excellent acceptance at nearly all gas stations. The only ones that don't seem to accept it are a small percentage of non-branded independent stations.

However, if you carry a balance on your credit card, you are much better served to get a low interest rate Visa/MasterCard from a local credit union and do everything to ELIMINATE your credit card balance. ANY rewards card is NOT worth it if you are paying high interest rates!

[Edited by: TreasuryGuy at 12/10/2011 6:39:41 PM EST]
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