In olden times, you only needed air, food and water to survive. Unfortunately, nowadays, that equation has changed. With the proliferation of motor vehicles and the continuous exodus of people towards the city, gasoline can now be considered as a major necessity as vital to or even more vital than the basic elements earlier mentioned.
Due to the fluctuating prices of crude oil, the cost of gasoline continues to soar. Since gasoline is needed to power almost all kinds of motor equipment, most especially vehicles which transport people from one place to another, the consumer has no other option but to bear the brunt of gasoline prices. Since prices are on the rise and gasoline consumption cannot be foregone, many people opt to pay for gasoline expenses using credit, and leave the cash for more pressing needs. If one can check the breakdown of every credit card bill, it wouldnt be surprising to find out that a big chunk of the bill covers gasoline expenses.
Realizing the trend of consumers to put gasoline purchases on credit, and aware of the stiff competition amongst themselves, credit card companies have launched a different kind of credit card and termed these...