rockyrock wrote:There is a huge disparity in this area not just in who selling it but where. First off most offer a cash discount of 5 cents per gallon which really cuts into your point earning. I've seen stations just a mile apart and charging $1 more per gallon--it's madness. I'm not the type to drive too far to save 5 cents a gallon but to save a buck a gallon I'll do some traveling.
I am fortunate enough to live near a Navy base so we gas up there. In addition to being competitive with Costco prices it is viewed as a regular gas station so both Discover (Q3) and BCP max out there.
I have been pondering this one as well. Where I live gas is normally $4.00 / gallon and it's normal to get a 10 cent / gallon discount for cash / debit.
So I would need to get 2.5 points / dollar spent to break even with the cash discount. 2.5 points * $4.00 = 10 points.
5% is definitely worth it. 5 points / dollar * $4.00 = 20 points
So BCP, Sallie Mae, Costco 3%, and BoA Cash Rewards 3% would be worth it. But since I don't have any of those would it be worth it to just use debit when my freedom doesn't have the 5% on gas?