How To Use A Gas Station Credit Card
Gas and Money Saving Tips by Doug Smith

Why You Need One

It is not always safe to carry cash, especially large amounts of it. The amount you can carry depends on the size of the bills and of your pockets! A gas station credit card is convenient because you have spending available up to the limit of the card without carrying bulky cash.

You can also get other benefits from a gas station credit card such as cash back rebates on restaurants, groceries, and airplane tickets. You may also find that a gas station credit card offers you personal accident insurance. If you have a global gas station credit card, you can make purchases in any currency, yet still settle the bill later in your own currency.

Most companies that offer a gas station credit card require you to have a good credit history (e.g., that you can and will pay on time). If your credit history is not good, you may receive a gas station credit card with a very low limit, or no card at all.

Gas Station Credit Card Categories

Two kinds of gas station credit cards exist. The first is provided by a particular oil company and/or its associated gas stations. This kind of gas station credit card will bear a MasterCard or Visa logo and is accepted for purchases anywhere. However, discounted gas is only available from that particular chain of gas stations.

If you have a favorite gas station nearby, it makes sense to get a gas station credit card for that station. Be aware that there may be restrictions on such cards.

Your favorite station may not always have the lowest prices, and you may seek an alternate station to purchase your gas. If you did so, you certainly would want to get a discount at the other station as well. In other words, you don't want to be constrained to purchasing gas from only one company.

There is a more versatile type of gas station credit card. Issued by the major credit card companies, these cards offer fuel discounts or rebates at any gas station you visit. You are also eligible for cash back rebates on purchases from grocery stores or places to eat.

How To Save The Most

Even if your gas station credit card saves you only a few cents per gallon, that spare change can accumulate over a year's time. For example, if you by 20 gallons of gas per week, and save 10 cents per gallon, you've saved more than $100 for the year.

This article is ©2005 by Doug Smith. You can find many free tips and resources on how to save gas and money with gas card tips at This article may be freely reprinted as long as this copyright notice remains intact, the article is unchanged, and all hyperlinks remain active and clickable.

Today's News About Credit Cards

* Related Definitions, Terms and Acronyms:
  • Exxon-Mobil Speedpass - a loyalty card that also contains a mechanism for authorizing electronic payment for gasoline or other goods.
  • Credit history - same as credit report.
  • 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.
  • Loan - a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usually with interest.
  • How to restrict companies from accessing your credit history - a consumer may elect to have the consumerís name and address excluded from any list provided by a consumer reporting agency in connection with a credit or insurance transaction that is not initiated by the consumer (such as pre-approved credit card solicitations), by notifying the agency that the consumer does not consent to any use of a consumer report relating to the consumer in connection with any credit or insurance transaction that is not initiated by the consumer.

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