Texaco Gas Credit Card
By: Oge Nwaozuzu
as 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.
About: This Texaco Gas Credit Card article was written by Oge Nwaozuzu and you can find more credit card related articles at Credit Cards for Recession. Source: Www.isnare.com
Do Gas Credit Cards Reward You At The Pump?
By: Gary Scurry
Gas Credit cards are meant for saving money, keeping in view the high gas prices. You have a variety of cards to choose from, and each one has a different offer. These cards offer you a rebate up to 5% on purchase of gas and also other items like grocery. The rebate is lower in the case of purchase of items other than gas. When you have earned cash back of $50 all you have to do is obtain the check from your credit card issuer.Certain Gas Credit Cards offer comparatively higher rebates on hotel reservations and travel including flights and car, and also double rewards for the initial bills. Certain other credit cards have come up with innovative ideas like rebate on purchase of automotive parts, no interest on purchases for a certain number of days after the billing date etc. Though you are on the look out for such incentives you should be sure if you are actually going to use them, and are not going to incur loss for the kind of rewards you do not actually require.
There is ambiguity regarding any introductory offer, and before taking a decision you should pay special attention to the fine print. You can notice that in many cases the percentage of rebate offered by the Gas Credit Cards drop dramatically to less than half after a certain number of days. And even though you are happy with the functioning of your credit card the issuer may change the terms and conditions or add a clause, suddenly to your disadvantage.
Also the rebates may not be offered at all the gas stations, which may cause you inconvenience and also sometimes extra gas. Your effort always must be cash in on the rebate, you have to request for a check or money to be transferred into your account, instead of waiting for them to pay you, as the rebates may cease to exist after a given period. If you intend to carry a balance like majority of the credit card holders do, you might end up suffering loss on account of the high interest rate. The idea of the Gas Credit Card is to save you a few dollars and not accrue debt.
Because of the stiff competition in credit card business the companies are always on the look out for innovative methods to attract customers. As gas is something everyone buys, teaming up with a gas company means better business. On the other hand the gas companies themselves offer credit cards which can be used at only those gas stations. Rebates are offered for purchase of gas and items on sale at the particular gas station. Sole gas station credit cards generally offer more discounts, and in case of a gas station in your neighborhood it is a good idea, unless you are going on a trip and you run out of gas. Other advantages of using these cards besides the rebate is that you need not carry cash and expenditure on gas will not be mixed up with regular expenditure.
If you are particular about monitoring the expenditure on gas these cards offer monthly statements with list of purchase. Like other credit cards you may watch out for annual fee or other hidden charges in case of the Gas Credit Cards too.
Gas Credit Cards are credit cards that help you reduce travel expenses by offering rebate on purchase of gas, and also on certain other purchases.
About: Gary L. Scurry offers advice and great tips regarding all aspects concerning Gas Credit Cards. To view my hot pick for Gas Credit Cards visit http://www.credit-cards-4-all.com and compare Gas Credit Cards offers. Source: Ezinearticles.com
