No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Depending on gas prices where you live, it might be worthwhile to pull that otherwise useless card out of the SD for a month. Where I'm at, 10 cents a gallon figures to roughly 3% rewards.
Here's the deets:
You have to make at least five fuel purchases in the span of the month each of which must be a minimum of eight gallons per purchase. Far as I can tell, that's it. I called and talked to someone from their credit dept to verify this, and they said indeed it's that simple. The rewards will appear on your following statement as long as the requirements are met. It seems, however, that these rewards can be redeemed only as statement credits, so keep that in mind.
Some fine print from the flier:
"If the value of a fuel purchase is less than the value of the fuel credits being redeemed, then any remaining fuel credit balance will be carried over to the next monthly billing statement in which a fuel purchase is made. Fuel credits expire six months from the date accrued if no further fuel purchases are made. A maximum of $300 in fuel credits may be earned in any calendar year and a maximum of $300 in fuel credits may be redeemed in any calendar year. Fuel credits will be forfeited if the card account is closed, whether by you or GE Capital Retail Bank."
I plan to make the most of it this month. So even after I SD it in June, maybe the May usage will look good toward a CLI later.
@primechicken wrote:Depending on gas prices where you live, it might be worthwhile to pull that otherwise useless card out of the SD for a month. Where I'm at, 10 cents a gallon figures to roughly 3% rewards.
Here's the deets:
You have to make at least five fuel purchases in the span of the month each of which must be a minimum of eight gallons per purchase. Far as I can tell, that's it. I called and talked to someone from their credit dept to verify this, and they said indeed it's that simple. The rewards will appear on your following statement as long as the requirements are met. It seems, however, that these rewards can be redeemed only as statement credits, so keep that in mind.
Some fine print from the flier:
"If the value of a fuel purchase is less than the value of the fuel credits being redeemed, then any remaining fuel credit balance will be carried over to the next monthly billing statement in which a fuel purchase is made. Fuel credits expire six months from the date accrued if no further fuel purchases are made. A maximum of $300 in fuel credits may be earned in any calendar year and a maximum of $300 in fuel credits may be redeemed in any calendar year. Fuel credits will be forfeited if the card account is closed, whether by you or GE Capital Retail Bank."
I plan to make the most of it this month. So even after I SD it in June, maybe the May usage will look good toward a CLI later.
This would be great if there was a Chevron / Texaco in my area.......
This is awesome, thanks for sharing ! I haven't used mine in about 8 - 9 months, .