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[G51]Gas Only Credit Card

by Oge Nwaozuzu, Oge

Gas stations around the world are now offering credit cards that you can use at their station for rewards. These credit cards can of course be used in any place, but the rewards are regulated to car expenses such as gas, services, auto parts, and convenience store items. Texaco is one of the many places that has a gas card. In fact Texaco has three different options regarding their credit card offerings. They have a basic card, premium, and business card. These three cards are useful to you in a Texaco or Chevron gas station for the rewards you can obtain. When discussing these cards you will find that there are specific reasons to choose one card over the other. Let's look at the basic card first.

The basic Texaco credit card offers simple rewards at the pump and in the convenience store. You will be able to get cash back every time you use the card. The amount of cash back will be determined by the amount you have placed on the card. Generally you will earn 5% cash back of what you have spent. There is no annual fee for the card and usually you will have a 15% interest rate on the card. It is the easiest of the three cards to obtain.

Texaco business card: this card is useful to only a few individuals. Basically it is just a business card that will offer rewards. Usually because you are establishing a business account you have a few more rewards with the card. For example you can get discounts on tires, maintenance and convenience store purchases. The interest rate can be a little lower than the basic card, especially if you are going to ask for a few cards with the account or if it is a really big account for your truckers.

The premium card is perhaps the most beneficial if you travel a lot for personal or business reasons. This card will offer you savings on airlines, convenience store items, services, gas, and more that has to do with travelling like hotel bills. The purpose of this card is to offer more, but it does have an annual fee. The annual fee may be worth it if you find the rewards something that you will be able to earn in a year or more frequently. The rewards are not always going to be offered. Some of the discounts such as the hotels can be offered with just having the card.

Keep in mind that with the Texaco credit card you will be using it for rewards at the gas station. Just using it for general purchases is not going to get you the savings you need. Since the cost of oil has increased in the last few years, it seems that this may be one of the best cards to have right now to save on your rising fuel costs. There are also Texaco stations in Canada where you can use this card, which helps it to be a little more versatile.

The Discover Gas Cad is perfect for people who want to use their credit cad to help them take a bite out of the price at the pump. Even with gas prices slowly going back to normal levels, we all spend quite a lot at the pump every month. With this card, you can alleviate some of the financial pain that using and maintaining a vehicle entails.

Discover gas credit card makes itself easy to use as it offers 0% APR in the first year after you activate your account. After the introductory period expires, the APR goes to a 10.99% variable rate up to a 17.99% rate. This variable rate is contingent upon a few factors, including your credit history and your payment history. There is never any annual fee that you must pay in order to use your card.

The Discover Gas Card offers some enticing deals as far as rewards go. For your first $1200 put on the card towards gas or auto maintenance purchases you will receive 5% cash back. Once your total annual purchases have reached $3,000, you will also qualify to earn 1% cash back on every purchase that you make. Up until that dollar amount is spent, you will receive half of a percent for the second half of the $1500 and a quarter percent for the first half. This is a much more complicated formula than other rewards cards, so make sure you understand exactly what they are saying. For gas and auto maintenance you will receive five cents for every dollar spent up to $1200. Including those automotive expenses, you will earn one quarter of a penny for every dollar you spend on other purchases. Once you reach $1500, your earnings will go up to half a penny for every dollar spent. Once you go over the $1200 for your car needs, you will only receive the percentage that applies to other purchases (.50% until you reach $3000 each year).

People wishing to consolidate their credit balances onto this card must specify that they plan to do so on the application process. By doing so, users of the Discover Gas Card will have the APR waived for the first year. There is a lot of fine print that comes with a balance transfer, so make sure that you are familiar with all of the details before signing off on a transfer.

As far as other fees, such as foreign currency conversion and default fees, the Discover Gas Card offers rates that are similar to other cards. They do offer a grace period of 25 days, which is five days longer than most cards offer. In addition, users of the card are covered by the $0 fraud policy in the case that you are charged for an unauthorized purchase. The card also offers easy management options in the form of 24 hours Internet access and a toll-free help line.

Apply for the gas credit cards or review and compare many more at http://www.apply-for-a-credit-card-now.com.

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Both Oge Nwaozuzu & Anthony Samuel are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Oge Nwaozuzu has sinced written about articles on various topics from Credit Cards, Parenting. This article was written by Oge Nwaozuzu and you can find more credit card related articles at. Oge Nwaozuzu's top article generates over 3600 views. to your Favourites.

Anthony Samuel has sinced written about articles on various topics from Check Credit Rating, Airline Credit Cards and Credit Cards. . Anthony Samuel's top article generates over 74000 views. to your Favourites.