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Topic: Gas Prices in your area
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Robert Stawiarski
Film Handler
Posts: 62
From: MW
Registered: Aug 2003
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posted 09-14-2005 04:22 AM
Citibank and Chase both have credit cards with a 5% rebate on gas, supermarkets (non-warehouse clubs), and drug stores. 1% back on everything else. The cards are the "Citi Dividend Platinum Select" and "Chase Cash Plus." They usually have a promotion for $50-$100 in bonus points for signing up... They are untiered cards i.e. 5% back right away, without having to reach certain spending levels like many rewards cards require. There is no annual fee, and the 5% rebate is not part of a intro promotion -- it is a permanent benefit of the card. Most of the various 'deals forums' constantly rank these cards as some of the best.
Also, these are completely separate companies and I have no financial incentive for posting this, just figured some of you might be interested since this is the best rewards card I have come across. I go through roughly two tanks per week of premium (required for my car ), so any extra savings is worth it. Most gas companies also have rewards cards for 5% back or so on their own brand, but then you are restricted to buying from them.
The only catch with this card is that the rewards are limited to $300 per year, which is $6000 in charges if you only use it at gas stations, supermarkets, and drug stores. I just use it to buy gas and go to the grocery store, and use my GM Card for 5% back towards a new GM car on everything else.
Although, nothing will ever beat the $2500 cash I received for transferring my $5k in bonus GM Card points to someone.
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