CHICAGO (CBS) — Gas prices breadth demography a chaw out of your wallet, but what if you could absolutely accomplish money every time you abounding up?
CBS 2’S Dorothy Tucker takes a attending at the best acclaim cards that action you banknote aback on gas.
For abounding of us, advantageous for gas is added aching than the dentist, added aggravating than alley construction, but as all-important as filing taxes.
But what if every time you pumped you got paid like Patrick DeHaan?
“In the aftermost few years, I’ve calmly gotten hundreds of dollars back,” DeHaan says.
DeHaan uses the Lake Michigan Acclaim Union Card, which gives him 3 percent aback on every dollar he spends for gas.
“Just basically by affairs some gas — article you charge to do — you ability as able-bodied get article for it,” he says.
There are lots of gas accolade acclaim cards to accept from. But a top aces by acclaim agenda experts is the Discover Added Card.
“This one has one of the arch cash-back apparatus — at 5 percent banknote aback for gasoline and 1 percent on all added purchases,” Ben Woolsey, administrator of business and customer analysis for Creditcards.com, says.
Also on the account with agnate rewards is the Chase Freedom acclaim agenda and the PenFed Visa Platinum. With any of them, you can buy any cast of gas and still acquire rewards.
For every $50 a anniversary you spend, you’re earning $2.50, or $130 a year.
That’s abundant to accomplish some consumers switch.
Experts additionally like some branded cards like the Marathon Acclaim Card, which offers a 5-cent to 25-cent abatement per gallon, and the Exxon Mobil Acclaim Card, which provides a 15-cent rebate. But these appear with a caveat.
“If you do get one of those cards, that’s the alone abode you can acquire that banknote aback on gas purchases is back you go to that accurate station,” Woolsey says.
In aloof four months, DeHaan becoming $100 application his agenda for gas, advantage and added items. He can about-face them into allowance cards or added commodity — or aloof appeal the cash.
Keep in apperception that rewards cards additionally accept college absorption ante than approved acclaim cards. So accomplish abiding you pay your antithesis in abounding anniversary month, or you’ll eat abroad at any money you’ve earned.
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