It seems there is no stopping the increase in  gas  prices, and so we all scramble to find ways to at least lower our spending by all means. But there is one way to cut  gas  costs, and that is by means of a  gas  cash back credit card, which could actually be a smart way to buy  gas .

The use of this kind of card helps you get a refund or a portion of the total amount you pay for  gas , with up to a maximum of 5%. For some cards, the amount is credited to your account after a certain period. For others, the waiting period is until you have accumulated a certain amount before redemption. There are also those that offer rewards like gift certificates. The cardholder may be given a choice of either a reward or cash rebate. If such is the case, then you may want to weigh which one gives you more value before making a decision.

There are even some  gas  credit cards that give rewards in terms of maintenance service. If you take your vehicle for routine service and oil change, then these become extra points for you.

But even cards of this kind differ in their offers, as well as in their terms. While some can be used only on certain brands of  gas , there are others that could only be used on identified locations. This may be a good thing for those who go to the same  gas  station, but not for those who are always on the lookout for the cheaper place. But there are those cards that could be used at any location and with any brand.

But before you finally sign up for that card, read the terms and conditions. It is useless getting the card when you will not actually benefit from its offers. There are a number of these cards available, so you may want to check on a couple of them and compare them to make a more intelligent decision. There are even some  gas  credit cards that allow you to purchase other items with the same card, so it pays to really check which card works best for you in terms of payment schemes, interest, and of course, rewards.

But saving on fuel cost does not just mean getting a  gas  cashback credit card. You should also be wary. The objective of saving on  gas  purchases may never be realized if you choose the wrong card. There are those issued by gasoline merchants and there are those issued by banks. We suggest you make a comparison, but more likely, you will find the bank issued cards to be more loaded with savings and lower interest rates on credits. Read and ask questions. You will less likely to commit mistakes this way.