Gift Ideas Faqs

Question about Gas cards?

Someone was telling me that if you purchase I guess a gift card for gas at a gas station that you get the price per gallon from that day until the card runs out, is this true?

Public Comments

1. I very much doubt that it's true. You'll surely have to take whatever price is current when you use the card. I do with that we could buy "futures" at today's prices, though; it's $1.91 here.
2. No. The gift card appears on the pump and the in-store display/controller as just one more form of payment (along with cash, Visa, MC, OTR fleet card, etc.). Once that transaction is completed, no "memory" of that gas price is kept with which to honor that price down the road. A gas station could honor a fixed price with a more elaborate "loyalty-based" card program, such as the gas/food partnerships that have launched in parts of the country, but that does not apply to your question.