Due to skyrocketing gasoline prices, gas rewards may soon overtake airline miles as the favorite incentive of credit card users. Many consumers want to cut costs at the gas pump. If you want to save money on gas, then a gas rewards credit card can help.
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Gas prices breaking your budget? Switch to a cash back credit card rewards plan and save 2% to 5% on all your purchases at your favorite gas station. For credit savvy consumers that can make a difference in real dollars and cents.
Speedpass - a keychain RFID device introduced by Mobil for electronic payment for gasoline or other goods and services.
Credit rating - a grading of a borrower's ability to meet financial obligations in a timely manner. Credit ratings are set by lenders and by independent agents for companies, individuals, and specific debt issues.
Supermarket gas stations - discount gas stations found at some supermarkets (Albertsons, Kroger, and Vons), convenience stores (7-Eleven), mass merchandise stores (Wal-Mart) and membership warehouse stores (Costco, Sam's Club, and BJ's). Some such stations require a special membership card to receive the discounted gasoline price.
Credit rating - a grading of a borrower's ability to meet financial obligations in a timely manner. Credit ratings are set by lenders and by independent agents for companies, individuals, and specific debt issues.
Consumer reporting agencies - are companies that collect and report credit information about consumers to be used for credit evaluation and other purposes.