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  #1 (permalink)  
Old 08-26-2005, 05:31 AM
Delta Flyer's Avatar
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Real Name: Chuck
Location: Lewisville (Dallas), Texas
Hybrids: 2000 Honda Enzyte 5-speed
Posts: 3,155
Default Survey: Credit Card Use at Gas Pump Surges

The use of credit cards at gas pumps has climbed significantly, along with the gas prices. Credit card use may slow down the day people try to drive differently or drive in something different. Different article (Washington Post) remarked about how people will drive to find gas two cents cheaper, yet they could save 18 cents a gallon simply by driving 50mph instead of 70mph. That is essentially the price difference between regular and premium.


MSNBC Story

Last edited by Delta Flyer; 08-26-2005 at 05:46 AM.
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Old 08-26-2005, 08:18 AM
Pretty Darn Active Enthusiast
 
Real Name: Kevin
Location: League City, Texas
Hybrids: 04 Honda Civic
Posts: 387
Default Re: Survey: Credit Card Use at Gas Pump Surges

We quit using credit cards for gas about 2 years ago. Makes it easy to see where the money goes as we pull out x amout of money for gas for the month and at the end how much we have left.Lately it's been close to 0.Kevin

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Visit the GreenHybrid.com Real Hybrid Mileage Database 2004 silverblue 5 sp.
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Old 08-26-2005, 08:42 AM
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Real Name: Larry S. Singleton
Location: Phoenix, AZ
Hybrids: 2007 TCH and Loving It !
Posts: 1,430
Default Re: Survey: Credit Card Use at Gas Pump Surges

Even at today's prices, my HCH still fills up for less than $34....I never use credit cards to pay for gas.

I learned my lesson on that back in the late 1980s. I got a Texaco "charge card" when in college and thought it was a "credit card" until I was hit with an $800 minimum payment due in my third month !!! Whew !! Took my credit report a few years to recover from that !!
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Old 08-26-2005, 09:40 AM
Ridiculously Active Enthusiast
 
Real Name: Bryan
Location: Severna Park, MD
Hybrids: HAH...waiting for the Fusion
Posts: 1,089
Default Re: Survey: Credit Card Use at Gas Pump Surges

we've never used credit for gas- until now. Not bacuse of a lack of cash, but because the amount of money is now significant enough to be worth getting the cashback (we have 2% back cards). At least in a qualitative sense. You can picture a nickel off per gallon.

Generally speaking, I definitely prefer to use cash- gives you a more tangible feel for exactly how much you've used/have left.

And with so many stations requiring prepay for cash, using the card at the pump is about a minute faster. I use that time to check the tire pressure and calculate mpg right on the spot now.
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Old 08-26-2005, 01:18 PM
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Real Name: Rich
Location: Michigan
Hybrids: 2006 Ford Escape 4WD
Posts: 2,068
Default Re: Survey: Credit Card Use at Gas Pump Surges

I buy $50 gift cards from Marathon, and they give you a $52 dollar card to use, 2 free bucks for getting it. Nowadays that lasts me almost a month, even with the higher gas prices.

Then I use it and when it's drained, I just buy a new one rather than recharge it, and get another 2 free bucks.

I don't think I've ever used a credit card to buy gas; even if I did, it must've been an emergency.

.



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Old 08-26-2005, 02:44 PM
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Location: Colorado foothills
Hybrids: 2006 Highlander Hybrid 4wdi
Posts: 101
Default Re: Survey: Credit Card Use at Gas Pump Surges

Our church has been selling Safeway gift cards for several years as part of the fund raising for a new church building - they get 2-3% of the sales. I've been using these gift cards for my grocery shopping almost since the program began. When a Safeway on my way to work added a gas station, I just increased the amount of gift cards I buy to cover my gas also. This way, I pre-budget how much I'll be spending on gas and the church gets a portion of the sales - sounded like a win-win to me
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Old 08-26-2005, 04:41 PM
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Real Name: Paul
Location: Seattle, Washington
Hybrids: 03 HCH CVT (retired)
Posts: 852
Default Re: Survey: Credit Card Use at Gas Pump Surges

I use a rewards credit card, but I always pay it off in full. Racks up $20 or so free stuff at the end of the year. Although my hybrid has reduced my rewards since I use half the gas I used to...

.


*** Retired after 65,000 outstanding miles ***
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Old 08-26-2005, 04:51 PM
Ridiculously Active Enthusiast
 
Posts: 839
Default Re: Survey: Credit Card Use at Gas Pump Surges

Use of a credit card does not prevent me from knowing *exactly* how much I spend on gasoline -- that information is part of my Prius MPG log.

I have been thinking about ways to cut down the number of credit card transactions, in order to lower my risk of identity theft, but gasoline has so far remained on the credit card. Thankfully, that is less than two transactions per month

.


R2-E2
, 2G Prius.
Highway/City/Husband/Wife MPG: 56.5, as of 12/2005, 26K miles

Jac Nasser, Ford President: "We are planning to launch a hybrid version of
this car [P2000] within this year [1998]. We will also make FCEV available in
2004."
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  #9 (permalink)  
Old 08-26-2005, 05:45 PM
Active Enthusiast
 
Real Name: Walter
Location: Central Mass.
Posts: 71
Default Re: Survey: Credit Card Use at Gas Pump Surges

Next step is for mortgage companies to set up at gas stations. 2nd mortgage on your house with a lien against your left arm or first born in exchange for a FULL tank of gas.
--Walter
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  #10 (permalink)  
Old 08-26-2005, 06:40 PM
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Posts: 1,672
Default Re: Survey: Credit Card Use at Gas Pump Surges

I've got a Discover "gas" card that gives you 5% back on gas purchases when you pay at the pump. It costs you nothing if you pay it off every month.

The card is clear orange so it matches this website too!
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