Saving on gas can be easy if you apply for a gas station credit card but what most people don’t realize is what it takes in order to successfully apply for one.  Before you apply for your first gas rebate credit card, I highly advise you research at least five different cards to get a feel for what each card offers.  Below are the credentials you’ll probably need in order to get approved –

Good credit is needed - If you don’t have good credit, the chances of getting approved for a gas card are pretty slim.  Credit cards that generally have a reward system generally want you to have a decent credit score.  This credit score should probably be in the mid 600s and higher to get approved.  If your credit score is below 650, I would wait awhile until you raise your credit score.

Your credit history - If you’re a college student, you probably don’t want to apply for a regular gas card.  Instead, you’ll want to apply for a gas card designed for college students.  If you’re a younger adult that has a limited credit history, the chances of you getting approved for a gas card are once again, pretty slim.  I would wait until you have a credit history of at least three to five years.  Credit card companies love to see people with a solid credit history.  Without one, you’re not as reliable as someone with a credit history of 15 years.

Number of credit cards - This point not only applies to gas cards but also applies to many other credit cards.  The more credit cards you have opened, the more debt you’ll have access to.  Credit card companies don’t like it when you have a higher debt to income ratio.  So, if you have a lot of credit cards opened, the chances are getting approved once again are slim.  A good way to see what your debt to income ratio is by either looking on your credit report or figuring it out by adding up your limits.

These are probably the three main things that the gas station card companies will look after.  If you feel you meet all of these restrictions, the chances of getting approved are great.  It never hurts to try and apply but just don’t get discouraged when you find a denial letter in the mail.