I am a Gas Buddy Fan. Three jobs i go thru some gas. I go the station. Got the Gas Buddy Card linked to my checking. Pull in. Activate. Enter card. Enter PIN. And the savings is auto taken out of my account even though the pump has the listed price. Instant e-mail what was saved.
$111 saved this year alone on gas.
@FireMedic1 wrote:I am a Gas Buddy Fan. Three jobs i go thru some gas. I go the station. Got the Gas Buddy Card linked to my checking. Pull in. Activate. Enter card. Enter PIN. And the savings is auto taken out of my account even though the pump has the listed price. Instant e-mail what was saved.
$111 saved this year alone on gas.
+1 for Gas Buddy, one of their former execs and I go back a ways.
@coldfusion wrote:
@Horseshoez wrote:
@Tdatb64 wrote:I constantly see people crow about 2% or 3% cash back on gasoline but don't understand why. If you get 2% cash back on $3.00 per gallon gas that's 6 cents a gallon. 3% yields 9 cents. Since most gas stations charge 10 cents a gallon to use credit a credit transaction is usually a net loss over a cash one any time gas isn't severely overpriced. I just can't see the logic behind a money-loss rewards structure like that. Why do it?
A credit card surcharge is a state by state thing (or often a station by station thing); over the last few months I've visited 11 states and not one station had a surcharge on credit card usage for gas. In July I'll be visiting two Canadian provinces as well as adding another 3 states to the list I've visited this year; it will be interesting to see if I find one of the states (or provinces) where there is a surcharge.
Surcharges/"cash discounts" are common in metro Boston but there are some stations with competitive pricing (like the Prime Energy chain) that don't use them.
Interesting, I live less than 40 miles north of Boston, and visit Boston on a regular basis, and I don't think I've ever seen a station with a credit card surcharge.
@Horseshoez wrote:
@coldfusion wrote:
@Horseshoez wrote:
@Tdatb64 wrote:I constantly see people crow about 2% or 3% cash back on gasoline but don't understand why. If you get 2% cash back on $3.00 per gallon gas that's 6 cents a gallon. 3% yields 9 cents. Since most gas stations charge 10 cents a gallon to use credit a credit transaction is usually a net loss over a cash one any time gas isn't severely overpriced. I just can't see the logic behind a money-loss rewards structure like that. Why do it?
A credit card surcharge is a state by state thing (or often a station by station thing); over the last few months I've visited 11 states and not one station had a surcharge on credit card usage for gas. In July I'll be visiting two Canadian provinces as well as adding another 3 states to the list I've visited this year; it will be interesting to see if I find one of the states (or provinces) where there is a surcharge.
Surcharges/"cash discounts" are common in metro Boston but there are some stations with competitive pricing (like the Prime Energy chain) that don't use them.
Interesting, I live less than 40 miles north of Boston, and visit Boston on a regular basis, and I don't think I've ever seen a station with a credit card surcharge.
Here's an example, the station is on Rte 1 northbound just north of the interchange with Rte 128/I-95. The "Offers cash discount" flag is accurate. That stretch of road is convenient for anyone heading toward Portsmouth or Maine and pricing among the various stations is competitive.
We have Royal Farms around here. They have a deal where if you link your checking account to your Royal Farms loyalty card, you can use it for gas. The bonus is that they give you .10 off each gallon of gas when you use your card. I tried GasBuddy, and will use that when I'm not in my area, but since I WFH, using my local gas station and getting the .10 each gallon makes things so much easier.
I live in California where the average price of gas is $5 a gallon. At 2% cb it would wipe out thet $0.10 fee per gallon but I also shop at Safeway and eaither use their gas station or chevron which allows me to use my Safeway rewards points which effectively usually gives me around 50-80 cents off per gallon. If I use my discover it when they have gas at 5% for the quarter.... well you can see how the points add up.
