Looking for a way to cut back on your gasoline expenses? You could learn to drive at 55 – the speed which most experts say is the most economical on gas. You could trade in your car for a model that guzzles less of the expensive elixir. You could leave your car at home 10% of the time.
Or you could do your credit card purchasing with a credit card that offers you gas rebate rewards. With the cost of gas spiralling through the roof with a speed it hasn’t had since 1972, gas rebate credit cards are becoming a more and more popular option for people looking to save a little money at the pumps.
And it’s no wonder. With the average cost of filling your gas tank hitting $30 and up, saving as much as 10% every time you fill up is a powerful incentive to abandon 1-5% cash and reward point rewards in favor of a credit card that pays you back in gas. To make the deal even sweeter, many of the best deals are on standard credit cards that will pay you a rebate on any brand of gasoline that you purchase.
The rebates range from 3% to 10% cash back on your gas station purchases. They’re paid out by a variety of methods including gift cards,...