Gas prices are always on the rise, and there seems to be no escaping it. Sure, there is probably a gas station or two offering gas prices lower than most but chances are, you are not going to drive all the way across town just to buy gas that is cheaper by a mere few cents.
Fortunately, leading credit card companies are now capitalizing on this problem. They have partnered with gas companies with one goal in mind: to create the best gas rebate credit card.
How It Works
The best rebate credit cards work in a such a way that cardholders receive a certain percentage of the gas purchases they charge to their credit card. This mechanism follows the same principle as most cash back rebate programs. However, while most cash back cards send rebate checks once a year, the best gas rebate credit cards apply credit each month, allowing consumers better access to their savings.
Station-Specific Gas Rebate Credit Cards
Most of the best gas rebate credit cards have affiliate gas brands. If you frequent a specific gas station, a station-specific card might be the best gas rebate credit card for you. You can earn rebates of up to 3% to 5% when you use this...