topic Re: Gas Card, California?? Any worth, easy approval...? in Credit Cards

Gas Card, California?? Any worth, easy approval...?

Creditaddict — Wed, 30 Nov 2011 06:35:47 GMT

Always had Chevron in past but I don't think I would really want it without Visa but I know I would get approved for at least store.

Any other around here have Visa or something and who they pull and how easy?

Chevron

Shell

Can't think of others around here! haha

Re: Gas Card, California?? Any worth, easy approval...?

tsquad131 — Wed, 30 Nov 2011 06:53:04 GMT

exxon mobil mastercard its backed by citi, bp visa by chase, marathon mastercard by chase, and sunoco mastercard by citi

Re: Gas Card, California?? Any worth, easy approval...?

Creditaddict — Wed, 30 Nov 2011 06:54:55 GMT

which means I get Chevron or nothing! lol

for now I have talked myself out of it because I got thinking about Priceline Visa! lol

Re: Gas Card, California?? Any worth, easy approval...?

p- — Wed, 30 Nov 2011 17:01:16 GMT

I looked into this recently, as I spend a lot on gas. It turns out that most of the gas cards have pretty low caps on the cashback rewards, and since you're restricted to a higher priced group of stations it's either a loss or breakeven at best.

I decided to use traditional cards for gas, get the rewards back and keep shopping at discount stations. That seems to be the best way to use credit to minimize fuel expense. The card I really want is AMEX BCP that gives 3% on gas and 6% on grocery, but my credit is not quite there yet. With the current price of gas that would get me about 10 cents a gallon cashback off the already lower price.

Re: Gas Card, California?? Any worth, easy approval...?

p- — Wed, 30 Nov 2011 17:03:51 GMT

From the Chevron website: "**A maximum of $300 in total Fuel Credits may be accrued and redeemed in any calendar year."

Thant one is backed by GEMB.

Re: Gas Card, California?? Any worth, easy approval...?

castlefox — Wed, 30 Nov 2011 18:20:27 GMT

My first credit card was from Shell. They only thing I had on my record at that point was some student loans.

They gave me a low $400.00 CL at a high 24% APR. I have had the card for 1.3 years now and no CL bump on my year anniversary of having the card. From what I have been reading the Shell card is not one that will grow with you. I plan on applying for an American Express Blue Cash Everyday card in December and I plan on using it to buy gas on it from then on. I was very happy to start building my credit report with a Shell credit card but I think it has been time to say good bye.

Spending under 10% on a 400.00 CL on gas in a month is getting annoying.

Re: Gas Card, California?? Any worth, easy approval...?

p- — Thu, 01 Dec 2011 15:40:41 GMT

Chase freedom just released their quarterly rewards and is now offering 5% cashback on gas Jan-Mar and Jun-Aug. That's six months of .20 per gallon off, give or take.

Re: Gas Card, California?? Any worth, easy approval...?

Anonymous — Thu, 01 Dec 2011 15:44:56 GMT

@p- wrote:
Chase freedom just released their quarterly rewards and is now offering 5% cashback on gas Jan-Mar and Jun-Aug. That's six months of .20 per gallon off, give or take.

Whats the quarter limit on the 5%?

Re: Gas Card, California?? Any worth, easy approval...?

p- — Thu, 01 Dec 2011 16:01:53 GMT

@Anonymous wrote:
@p- wrote:
Chase freedom just released their quarterly rewards and is now offering 5% cashback on gas Jan-Mar and Jun-Aug. That's six months of .20 per gallon off, give or take.

Whats the quarter limit on the 5%?

1,500 per quarter - https://creditcards.chase.com/freedom/activate.aspx

Re: Gas Card, California?? Any worth, easy approval...?

Anonymous — Thu, 01 Dec 2011 17:42:47 GMT

@castlefox wrote:
My first credit card was from Shell. They only thing I had on my record at that point was some student loans.

They gave me a low $400.00 CL at a high 24% APR. I have had the card for 1.3 years now and no CL bump on my year anniversary of having the card. From what I have been reading the Shell card is not one that will grow with you. I plan on applying for an American Express Blue Cash Everyday card in December and I plan on using it to buy gas on it from then on. I was very happy to start building my credit report with a Shell credit card but I think it has been time to say good bye.

Spending under 10% on a 400.00 CL on gas in a month is getting annoying.

Just a note - you can charge more than $40 a month on that card - just pay it off right away and don't let more than $40 REPORT! You may also call and ask them to increase it, since you didn't get one automatically.

For gas cards in general, I recommend going with a regular CC - my PenFed pays 5% on gas everywhere, with no cap (At least I haven't hit the cap).

Re: Gas Card, California?? Any worth, easy approval...?

castlefox — Thu, 01 Dec 2011 22:04:46 GMT

Ya I know I can charge more than 40 on that card, but I would rather no worry about paying it off right away. I may give them a call if my AmEx BCE card is not approved. Everything that I have read says that they will not increase your limit with out a HP.

That PenFed card seems like the ultimate gas card but I doubt they would aprove me with an AAoA of a year.