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Gas Price Cash/Credit

tag
Anonymous
Not applicable

Re: Gas Price Cash/Credit

I've seen the cash/credit thing in parts of NJ and PA. BP loves doing it. However, it is predominantly in CA. 

Message 11 of 21
Anonymous
Not applicable

Re: Gas Price Cash/Credit

How much is the difference though?
Message 12 of 21
thelethargicage
Valued Contributor

Re: Gas Price Cash/Credit

I've always wondered if any of those cash sales at gas stations ever get declared as income...or if the owners just pocket the money.


Message 13 of 21
jim44
Established Contributor

Re: Gas Price Cash/Credit

The cash/credit difference per gallon has been going on for over 20 years. It just depends on where and which stations as well as when. The reason for the cash price break is the percentage the station owners  have to pay to the credit card companies when you use your CC. Actually the cash price is considered a discount given to you by the station owners. Some stations eat this percentage for more business... some pass along the % to all customers in their "same price per gallon cash or credit" ads.

Message 14 of 21
MASTERNC
Frequent Contributor

Re: Gas Price Cash/Credit


@Anonymous wrote:
How much is the difference though?

Usually 10 cents or less.  However, I have definitely seen much higher.

Message 15 of 21
Anonymous
Not applicable

Re: Gas Price Cash/Credit

Here in Maryland it can be as much as 20 cents a gallon.  

Message 16 of 21
juniornj23
Established Contributor

Re: Gas Price Cash/Credit

If you get 5% from your card it work if not you better pay cash.
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Message 17 of 21
sunkissed
Established Contributor

Re: Gas Price Cash/Credit

I buy my gas at BJ’s with my BJ’s MC.  Gas is generally cheaper there, plus I save $0.10 per gallon by using their card.

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Message 18 of 21
GoldSorata
Established Contributor

Re: Gas Price Cash/Credit


@sunkissed wrote:

I buy my gas at BJ’s with my BJ’s MC.  Gas is generally cheaper there, plus I save $0.10 per gallon by using their card.


Something I've wondered with the BJs MC, is that 10 cent savings off the member or non-member price?

Message 19 of 21
sunkissed
Established Contributor

Re: Gas Price Cash/Credit


@GoldSorata wrote:

@sunkissed wrote:

I buy my gas at BJ’s with my BJ’s MC.  Gas is generally cheaper there, plus I save $0.10 per gallon by using their card.


Something I've wondered with the BJs MC, is that 10 cent savings off the member or non-member price?


In my area, only members can buy gas at their stations.  So I guess that would be 10 cents off the member price.  The BJ's MC gives a discount off the BJ's membership fee.  I have been a longtime BJ's shopper, so their card makes a lot of sense for me.  Right now they're running a special - 15 cents off each gallon if you buy something in the store first.

NFCU Flagship $32K | NFCU Cashrewards $42K | Discover IT $39K | SECU Visa $20K | Chase SW $24k | CSR $15K | Chase Bonvoy $11.5K | Chase Freedom $11.5K | Chase Amazon Visa 8.5K | AMEX Bonvoy $18.1K | AMEX Hilton Surpass $15K | AMEX Hilton Aspire $24.4K | AMEX Gold | Aviator Red $16K | Uber Visa 10k | Citi TY Premier $24.6K | BoA Premium Rewards 35k | BoA Cash Rewards Visa $31.5k | BoA Cash Rewards MC $23k | US Bank Cash+ $10k | USAA AMEX $6K | Cap1QS $11K | BJs MC $27.6K | Walmart MC $5.1K | Loft MC $25,000 | Macy’s Store/Amex $20K/$1K | BR Visa $10K | JCP $1K | VS $3.2K | Home Depot $5K | Lowes $8.5K | Target $14.5k
Message 20 of 21
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