How Much Will The Circle K Credit Card Save You On Gas?

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jenson
 
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Location: Texas

How Much Will The Circle K Credit Card Save You On Gas?

Postby jenson » Fri Jul 26, 2013 6:44 pm

In the past I've ignored fuel rebate cards but now that the price is approaching $4 a gallon I need something to save money for my landscaping business.

Being that I fillup at Circle K gas stations most of the time, I was going to try for that credit card first. I can't find the details on how much of a discount it gives. Please enlighten me.
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takeshi
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Postby takeshi » Sat Jul 27, 2013 9:19 am

Info is on their site:
http://www.circlekfleetcards.com/fleet-card.php

Doesn't look like much even at the max tier. Take a look at the gas card page on this very site. Haven't done the math myself but it claims that 2% cash back on gas with gas at $3.50 is equivalent to 7 cents per gallon.

jenson
 
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Joined: Fri Jul 26, 2013 6:33 pm
Location: Texas

Postby jenson » Tue Jul 30, 2013 4:42 pm

You are right. I had seen the 2.5 cent/gallon discount but was not aware that to get that you had to buy over 4,000 gal per month. And I didn't catch that it's 2.5 cents instead of 2.5%. With gas the price it is how does Circle K get away with this. I'm no math wiz but even I can see that 2.5 cents is less than 1%.

If I were to go the route of a Visa or Master card over a Circle K credit card what would you suggest. My spending is in the neighborhood of 20 thousand per year on fuel expenses if the prices remain close to 4 dollars.

silver6054
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Postby silver6054 » Tue Jul 30, 2013 6:31 pm

Fort Knox credit union and Pentagon Federal Credit Union both have cards that give 5% off.



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