If you’re filling up for gas and not saving money, then you’re already missing out!  If you’re good with credit card, I highly recommended you start looking into gas credit cards.  Using a credit card the right way can have a lot of benefits and can save you as much as 10% off per gallon.  If you’re unfamiliar with the process, I’ll show you exactly how you can get the most out of your gas credit card.

Get the right card – Make sure that when you do get a gas credit card that you’re getting a card that’s actually going to save you money on gas.  Don’t get a card that will give you rewards with other purchases.  The whole idea here is to get a card that will save you money on gas.  Make sure that you read the terms and conditions and become familiar with the card itself.  You’ll want to know how much you’ll be saving and if there’s an introductory rate, etc.

Use it always – Get in the habit of using your card all the time at the gas pump.  Make sure that you use your card every time you fill up.  If you can get into this habit, you can save a lot of money each month.  Let’s use an example.  Let’s say you spend $500 on gas and you’re getting 5% back.  That’s a savings of $25!  Multiply that $25 by 12 months and that’s a yearly savings of $300.

Pay in FULL- I can’t stress this enough but when you get your card and you start using for your gas purchases, make sure that you pay your card off in full.  If you fail to do so, you’ll find that you’ll be getting charged a ridiculously high interest rate.  This alone will defeat the purpose of even having the card.  Make sure you carefully watch your spending and know how much your bill is going to be.

Make a budget – This kind of goes with the last post.  Make sure you watch how much you’re spending each month.  You won’t want to spend over your head and find out that you can’t afford your bill.  Credit cards aren’t free money.  If you know how much you’re spending, it will make it easier to pay off your bill at the end of the month.

Saving money on gas is really easy if you know how to use your card right.  If you’re bad with credit cards, you may want to just stick with your current plan because there’s nothing worst than being in debt.  Make sure you do some searches online for the best gas credit cards.  Take your time, read the terms and conditions, and do your research.  Once you find the right card, start spending it wisely and watch the savings roll in!

TIP:  Use FINDgascards.com to find the best gas cards on the market.