Summer Savings: Which Credit Cards Save The Most On Gas?
PITTSBURGH (KDKA) – It’s a great time of year to get the family in the car, hit the open road and head out for vacation.
But if the price of gas is putting a damper on the vacation budget, there are some things you can do to put money back in your wallet.
If you want to save money, you should take a look at what you have in your wallet in the first place.
There are plenty of credit cards that give you money back for buying gas.
Here’s a look at some of the top picks.
To help save on the cost of as, CardHub.com says credit cards can put money back in your wallet.
After analyzing more than 1,000 cards, Card Hub is out with its best picks for 2014.
The Pentagon Federal Credit Union Platinum Rewards Card offers 5 percent cash back on gas – and 3 percent on trips to the supermarket. It’s $15 to join the credit union.
The Blue Cash Preferred Card from American Express offers 3 percent back at gas stations and 6 percent back at supermarkets. It has a $75 annual fee.
The True Earnings Card from Costco and American Express has 3 percent back on all gas purchases up to $4,000; 2 percent on restaurants and 2 percent on travel. There is no annual fee for Costco members.
Here’s a look at Card Hub’s best picks for station-affiliated cards:
The Marathon credit card offers $.25 off each gallon if you spend $1,000 in a month, $.15 per gallon if you spend more than $500 and $.05 off a gallon if you spend under $500.
And with the Chevron and Texaco Credit Card, you can get $.30 off a gallon if you spend $1,000 or $.10 off if you spend more than $300.
Consumers looking to save even more money should check out a smart phone app, like Gas Buddy, to help find the cheapest gas station in the neighborhood.