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8 tips for using gas credit cards wisely

8 tips for using gas credit cards wisely


Published on 2024-12-24 00:24:06 - AOL
  Print publication without navigation

  • Using a gas credit card can help you earn rewards and cash back on gasoline purchases. Stacking rewards from both your gas card and a gas station loyalty program can help you build even more savings. Though gas cards are useful, their savings are relatively modest, which makes it important that you use them properly.

The article from AOL Finance provides eight tips for effectively using gas credit cards to maximize savings and benefits. It advises choosing a card with a high rewards rate specifically for gas purchases, understanding the card's rewards structure, and being aware of any caps on rewards. It also suggests paying off the card balance monthly to avoid interest charges that could negate rewards, using the card for all fuel purchases to accumulate points or cash back, and considering cards that offer additional perks like discounts at specific gas stations or on other categories like groceries. The article also recommends looking for sign-up bonuses, understanding the fine print regarding reward redemption, and occasionally reviewing if the card still meets your needs as gas prices and personal circumstances change. Lastly, it warns against overspending just to earn rewards and emphasizes the importance of maintaining good credit habits.

Read the Full AOL Article at:
[ https://www.aol.com/finance/8-tips-using-gas-credit-232709922.html ]

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