Updated: Dec 2, 2020
Gas is expensive driving to and from work and out of town trips add up. We will show you how to maximize it like no one else!
We are going to discuss all ways to save on fuel costs which will involve multiple tools to maximize your savings. You may use one or all of the recommendations, it’s entirely up to you. We will start with a myriad of mobile apps beginning with:
1. GasBuddy - By far the best-known gas price app is GasBuddy. Gas buddy works differently, they issue a card to you that is attached to your checking account. When you use it you save 5 cents a gallon. You also can rack up 10% on select retailers like Walmart, Dominos, Home Depot, and many others. That 10% accumulates for gas purchases. The crowdsourced app asks people to enter the prices they pay at the pump. GasBuddy then lists the gas stations in your area, letting you find the one with the lowest price.
The GasBuddy app has a strong following, but its app feels a bit dated. It isn't the most intuitive interface, and some users complain that the prices can be outdated.
2. Gas Guru - If you're into saving money on gas but not interested in doing any work, consider Gas Guru. The app draws its gas price information from the Oil Price Information Service, so the prices are always up to date.
The Gas Guru app provides directions to the cheapest gas station near you, and you can share your savings with friends on Facebook (FB) if you're into bragging about stuff like that.
3. Get upside - The app which allows you to go to affiliated gas stations where there is a spread on what the gas station negotiated with "Get Upside" and when you scan your receipt the difference per gallon is saved on your account and you are able to withdraw the funds into a Paypal account or redeem for gift cards.
4. Waze - The popular crowdsourced navigation app lets you know how much you'll pay for gas as you travel, and it can direct you to the cheapest gas station. By navigating to partner gas stations, the app offers "Waze-only" deals. Like GasBuddy, Waze gets its data from its users. But Waze users are known to be a friendly bunch, tipping others off to accidents and where the traffic cops are hiding.
5. Dash - The vehicle information service tells you everything about your car -- and throws in where to get the cheapest gas for good measure.
Dash's tiny sensor connects to any car model made in 1996 or after, plugging in just underneath the steering wheel. The app provides useful driving information: What your "check engine" light means, how you're driving, and how much gas you're using.
The app uses an unnamed third-party party source for its gas price information -- it doesn't crowdsource the data.
6. MapQuest Gas Prices - Is one of the best apps for finding cheap gas prices. MapQuest lets you choose favorite stations and select your fuel grade, and then it directs you to the cheapest gas station in your area. But if you want its app to navigate you to the gas station of your choice, you'll also need the MapQuest GPS app.
Points or Reward-Based Credit Card - If you are one that pays your bills off quickly then this could be an option for you. Many credit cards give cash back or points on groceries if you can stay disciplined using the credit cards, this is a way to compound those savings along with the grocery apps mentioned below. These cards include:
7. Exxon Mobil Smart Card - This card has the best savings for the long term. The ExxonMobil Smart Card has an introductory discount of 50 cents per gallon at U.S. Exxon and Mobil stations during the first two months after opening the account. To qualify, you must download and apply for the card through the Exxon Mobil Rewards+ app. If you don’t feel like downloading the app, you’ll still get 12 cents off per gallon for the first two months after opening the account. Once the two-month promotion ends, your discount will be cut to 6 cents per gallon at Exxon and Mobil locations in the U.S., which is pretty good if you’re a regular at your local ExxonMobil station. There’s no annual fee.
8. Costco Anywhere Visa Card by Citi - Costco sells some of the cheapest gas in the U.S., according to GasBuddy. You can earn cash back while saving on gas, the Costco Anywhere Visa Card by Citi offers 4% cash back on eligible gas purchases up to the first $7,000 you spend each year. After that, you’ll earn a standard 1% cash back on gas.
You’ll also get 3% cash back on restaurant and eligible travel purchases, 2% back on all other purchases from Costco and costco.com, and 1% on all other purchases. The Costco Anywhere Visa Card by Citi doesn’t charge an annual fee, but the catch is you must be a Costco member to qualify. Membership costs a minimum of $60 per year.
9. Sam’s Club Mastercard - When you pay with your Sam’s Club Mastercard, you’ll earn 5% cash back on up to the first $6,000 you spend each year at many gas stations across the U.S. That’s a fantastic discount, especially considering that it applies to both Sam’s Club and non-Sam’s Club gas stations.
The only exception to the 5% cash back offer is when you fill up at a gas station outside of the U.S. and Puerto Rico, or one that is owned by a competing wholesale club, supercenter or supermarket (like Costco). The flexibility will allow you to shop for the cheapest gas station in your neighborhood instead of being stuck to one brand — which is especially helpful if you don’t live near a Sam’s Club.
You’ll also earn a $55 statement credit if you make a purchase of at least $55 on the same day you open the card. There is no annual fee, but you have to be a Sam’s Club member to get the card. A basic Sam’s Club membership costs $45. Costco also gives discounts when using your Costco Visa card at other gas stations.
10. Chase Freedom - offers 5% cashback in select categories that change quarterly, as well as travel and shopping protections that aren’t common on cards without an annual fee. You can convert rewards earned on the Chase Freedom to Ultimate Rewards if you have a card that earns Ultimate Rewards, which effectively doubles your return by unlocking valuable redemption opportunities.
11. Blue Cash Preferred Card from American Express - 3% Cash Back at U.S. gas stations. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
12. Wells Fargo Propel American Express Card - earn 3x point 2 on eating out and ordering in; gas stations, rideshares, and transit; flights, hotels, homestays, and car rentals; popular streaming services; 1x points 2 on other purchases.
13. Shell Fuel Rewards Linked to a Mastercard, Visa or Amex - Get an additional .5/Gallon on top of what the card is offering. Eligible purchases need to be made with the card linked to your Fuel Rewards account. You can link Mastercard®, Visa® and American Express® payment cards to your account and earn Fuel Rewards savings with Card-Linked Offers or when Dining Out. Offer valid with linked:
Mastercard® credit, signature debit and signature prepaid cards,
Visa® credit and signature debit cards, and/or
American Express® credit and prepaid cards.
The amount greater than the per-gallon price will simply roll over to your next fill up. For example, if a gallon of gas is $3.50 and you have $4.00 in Fuel Rewards savings, you will be able to roll over 50¢/gal to your next fill-up. To add credit cards to your Shell rewards account (click here).
14. Bank of America Cash Reward Card - There’s no point saving money on gas if you’re turning around and using those savings to pay an annual fee. With the Bank of America Cash Rewards credit card - you’ll earn cash back on all your purchases, all with a $0 annual fee. This card is interesting because you can choose what category you get 3% cash back each month.
Those categories include gas, online shopping, dining, travel, drugstores or home improvement/furnishing. You’ll get 3% cash back on purchases in the category of your choice (probably gas, since you’re reading this review!), 2% on groceries and 1% on all other purchases. One thing to note: The 2% and 3% cash back categories are capped at a total of $2,500 in purchases each quarter. After you spend $2,500, you’ll get 1% cash back on all purchases. You’ll also earn a $200 online cash rewards bonus if you spend $1,000 on purchases during the first 90 days after opening the account.
You need to weigh out the options with these cards in conjunction with other purchases that may be important to you. The cards that have been selected above are the best credit cards for fuel and also include groceries and other types of charges as a whole to be the best solution for you.
For myself, I have a specific card that I use solely on fuel expenses and another card I used solely for grocery expenses. This keeps Everything clean and concise and easy to manage. Since fuel expenses add up quickly and are very consistent I tend to put an emphasis on that overall category to try to maximize my savings.
With the fuel apps recommended above collectively with these fuel-saving credit cards, this will put a large “savings dent” in your annual expenditures on fuel. And again, some of those fuel apps can be used collectively to maximize those savings. So I would recommend experimenting with a few of them to see which ones work the best together.
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