Gas prices are soaring these days, and drivers are getting more and more desperate to find ways to cut down on fuel costs. This has led some consumers to consider signing up for a gas credit card or two. However, Consumer Reports advises against this tactic and says there are better ways to save on gas.
Consumer Reports recommends not using gas credit cards
With gas prices rising above $4 a gallon, it’s not surprising that consumers are exploring all sorts of ways to save money, including the use of gas credit cards. Nevertheless, Consumer Reports has reminded drivers that gas credit cards aren’t necessarily the best choice in terms of saving money overall.
This is because gas credit cards usually offer a certain number of cents off per gallon of gas–often 5 or 10 cents, for example. As the price of gas rises, these savings will have less and less of an effect.
Instead, a better option is to turn to a general credit card that will offer you a percentage reward. Cards that offer 5% off of gas purchases, for example, will go a long way toward saving you money, especially when gas prices are as high as they are currently.
Here are some apps that can help you save money on gas
Gas credit cards aren’t the only way to save on fuel. There are also many apps out there that can help you cut your spending on fuel. Take Route4Me, for example. If you own a business with a team of drivers, Route4Me will come up with the most fuel-efficient routes for your team, saving you a good deal of money over the long term.
Not only is the app good for your company’s pocketbook, but it’s also good for the environment. According to the company’s website, their services have cut 10 billion miles from being driven, which has cut CO2 emissions by 10 billion tons since 2010.
Another handy app to cut fuel costs is GasBuddy. This card is linked to rewards programs from companies like Old Navy, Advance Auto Parts, and Dicks Sporting Goods. Rewards are loaded onto your GasBuddy card, allowing you to save money on your gas purchases with little hassle.
Another way to save money on gas is Upside, an app that allows you to get cashback on your gas purchases at many gas stations, including BP, Shell, and Valero.
Beware of the Shell Fuel Rewards email scam
Then there’s the Shell Fuel Rewards program, which allows users to save up to 5 cents a gallon on gas. However, Shell recently sent out a warning to its rewards program members that they should beware of potential email scams.
Shell told its Fuel Rewards program members that they should be on the lookout for any emails asking for payment or requesting personal information. Some scams have involved claims about sweepstakes winnings or shipping fees supposedly required for other prizes. Shell clarified that it currently had no such sweepstakes and that rewards program members would never be expected to submit credit card numbers or other sensitive data.
Shell reminded its Fuel Rewards members in its message to always check the domain name from which messages supposedly from Shell were sent. It also reminded readers not to click on any suspicious links.
Anyone looking to save money on gas these days should make sure to be careful. Scammers are hoping to pounce on the desperate, so keep in mind: if it sounds too good to be true, there’s a good chance that it is.