Gift Ideas Faqs

how do gas cards work?

Is it a locked in rate or is it a prepaid gift card?

Public Comments

1. you get a card for the amount of cash you give for the card real simple $10 dollars gets you a $10 credit card =)
2. you can get a prepaid gas card, and you can get a gas-branded credit card....so...both. You aren't specific enough.
3. they have both. prepaid you would buy them in set amounts $10, $20, $50, $100, and with the credit gas card it would work just like any other credit card apr, limit, fees. etc.
4. Gas rewards credit cards are similar to cash back cards. Most operate on a percentage system. Every time you purchase fuel, a certain percentage of cash is returned to you. This usually ranges from 1 to 6%. So if you spend $200 on fuel each month and have a card that offers 5% cash back, you will receive a reward of $10 each month. How's that for pumping fuel? Some gas rewards credit cards operate on a point system. You earn points based on your fuel purchases. These points can then be redeemed for dollars. Your cash is returned to you either through a check in the mail or as a credit to your card statement ----------------------------------------- http://www.bestcreditrates.net