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11/24/2017

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Gas Credit Cards

For many people, gas credit cards come in handy when they don't have the cash in their pockets to fill up their gas tanks. These cars are especially good to have if you are going on a long trip and you want to keep your cash for other things.

Many businesses use gas credit cards so their employees who drive company cars on business trips and/or run errands around the city don't have to carry cash on them when they fill up.

The most popular gas credit cards are Exxonmobil, Shell, Chevron, Texaco, British Petroleum, Conoco Phillips, and Discover. They offer the best incentives and rebates.

But there is a price to pay for using gas credit cards. They can be very expensive. Interest rates on them are usually very high, some reaching upwards of 25 to 30%.

Gas credit cards are some of the easiest credit cards to get even though you will need to have some good credit. Each company has different credit application requirements and FICO scores.

Today, with the economy in a serious recession, gas credit cards are not that easy to get, so if you are lucky enough to get one, you should look for gas cards that offer the best rebates and low annual fees.

 

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