It’s more than just the thought that you got yourself a card. Yes, you heard me right its more than that. Getting a rebate is not just that easy you also have to consider other factors just like when you’re getting a credit card of your own. You must also look at the benefits of each card and the downfall of each.
In getting a gas card you must look for the rebate percentage. Since there are some credit cards that would usually give you a high rebate on the first few months and later on it would drop on the rebate percentage which will also drop down the amount of savings you will be getting at the other end. You should not fall easily on higher rebates on the first few months, you should consider the long term rebate that you will be getting. Consider doing your solving first before deciding which will give you a bigger rebate for the long term use. Because in the end your saving may not be worth it.
Consider also looking at a gas card that does not only give you a high rebate on your fuel consumption but also rebate on other things that you purchase. This will be of benefit to you since many of the gas card companies also give discounts to other purchased item besides the gas purchase. Make sure also that you look for cash back limits though there are some gas cards that doesn’t have any cash back limits. These cash back limits might be your downfall as this may pull down your savings. Remember to always read and see if there is an expiration on the rebates you make, otherwise you don’t benefit from it at all once it expires. Once it expires credit card companies forfeits you from claiming all your savings. So, it would be best if you check first.
Annual fee is something that you might want to look on to. Annual fees mean payment, so when choosing a gas card you better take a look at the annual fee if there is any. If there is an annual fee you may want to think twice because if there is you may not be able to save anything since all your savings will just go to your annual fee that you will be paying for getting the card. And it’s good news that there are a lot of credit cards in the market that has a $0 annual fee. You only have to look on other factors when choosing them.
It is very much important that you look closely on the gas card that you will be getting. You just don’t apply for one because they said it’s an easy way to save. You have to check other factors first to make sure that you really benefit from it. Because if not you might end up without saving anything. After all whatever gas card that you will be choosing depends on your own convenience and lifestyle. It’s just that when you choose, choose wisely and choose what is of best benefit to you.