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Gas Spending

Established Member

Gas Spending

Im sure someone has posted something like this before but of the two:

 

  • 5% cash back on gas
  • 15 cents off per gallon

Which would you be using?

 

Thanks for your input. Cat Happy

Store- Kohls$300 ,Victoria Secret-$750, Walmart-$800, maurices-$980, Best Buy-$1,000, Amazon Store-$1,700, Barclay Card Apple-$1,200, Buckle-$500, Loft-$750
Major- Chase Amazon Rewards-$1,000, Chase Slate-$500, Barclaycard-$1,750, Capital One Journey-$1,000, Discover IT (Secured)-$1,200, PayPal Extras MC-$3,000, Citi Thank You Student-$2,500
Message 1 of 16
15 REPLIES
Contributor

Re: Gas Spending

I haven't seen any offer like that, but chase AARP cc has 3% on gas and restaurants year round! Also you can transfer the point to chase ultimate rewards to use with CSP

Freedom$6,000 CSP$11,000 IT$4,000 BCE$16,200 SallieMae$5,000 NFCU$14,000 Macys$1,000 United$5,000

Message 2 of 16
Valued Contributor

Re: Gas Spending

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.

Message 3 of 16
Regular Contributor

Re: Gas Spending


CreditDunce wrote:

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.


+1. also, super jealous of anyone who's paying $3 per gallon. About $4.50 here in california :\

      
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Message 4 of 16
New Member

Re: Gas Spending


CreditDunce wrote:

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.


+1

Message 5 of 16
Established Contributor

Re: Gas Spending


milkshakes wrote:

CreditDunce wrote:

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.


+1. also, super jealous of anyone who's paying $3 per gallon. About $4.50 here in california :\


Smiley Surprised WOW! I thought we had it bad here in North Dakota. I just paid $3.38/Gallon.






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Message 6 of 16
Super Contributor

Re: Gas Spending


14Fiesta wrote:

milkshakes wrote:

CreditDunce wrote:

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.


+1. also, super jealous of anyone who's paying $3 per gallon. About $4.50 here in california :\


Smiley Surprised WOW! I thought we had it bad here in North Dakota. I just paid $3.38/Gallon.


I just paid 4.03 a gallon here. I don't even remember what 3 dollar a gallon is like



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
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Message 7 of 16
Established Contributor

Re: Gas Spending


mongstradamus wrote:

14Fiesta wrote:

milkshakes wrote:

CreditDunce wrote:

 

It depends on how much gas cost.  If you are paying $3 per gallon, 5% off = 15 cents.  So it is a wash.   Pay more than $3 per gallon, the 5% is better.  

 

Same math works for places that charge less for cash vs. credit.


+1. also, super jealous of anyone who's paying $3 per gallon. About $4.50 here in california :\


Smiley Surprised WOW! I thought we had it bad here in North Dakota. I just paid $3.38/Gallon.


I just paid 4.03 a gallon here. I don't even remember what 3 dollar a gallon is like


Yea I learned this hard lesson, never drive to Los Angeles without filling up... First station I could find was a Chevron... a whopping $5.22 a Gal

Message 8 of 16
Senior Contributor

Re: Gas Spending


kfyoung wrote:

Im sure someone has posted something like this before but of the two:

 

  • 5% cash back on gas
  • 15 cents off per gallon

 


You don't have to rely on a posting.  Do the math.  X represents price per gallon.  Compare:

 

X * 0.95

 

versus

 

X - 0.15

 

Message 9 of 16
Established Member

Re: Gas Spending

Thanks guys. My math skills were not on par when I posted this the other day haha. Thanks for breaking it down for me!
Store- Kohls$300 ,Victoria Secret-$750, Walmart-$800, maurices-$980, Best Buy-$1,000, Amazon Store-$1,700, Barclay Card Apple-$1,200, Buckle-$500, Loft-$750
Major- Chase Amazon Rewards-$1,000, Chase Slate-$500, Barclaycard-$1,750, Capital One Journey-$1,000, Discover IT (Secured)-$1,200, PayPal Extras MC-$3,000, Citi Thank You Student-$2,500
Message 10 of 16