Discover® Open Road Card

While it may seem like a pretty crappy consolation prize to $4/gallon gas, using a gas rebate card like the Discover® Open Road Card at least means you get to save more money on every gallon you put into your vehicle. 

Here's how it works:

Every time you fill up your gas tank and use your Discover card you get 2% of that money back.  So let's say you put 20 gallons of gas in your tank at $4/gallon.  That's $80, but if you were using a gas rebate card that gave you a Cashback Bonus then you'd saving a couple bucks on every fill up.  And that kind of savings can add up to hundreds of dollars in gas every year. 

Not only do you get cash back for your gas purchases, but you get cash back on car maintenance like oil changes and car washes.    Plus you get cash back on everything else you buy. 

And since the credit card is absolutely free (no annual fee, no application fee, etc) that means you should be using it. 

Caveat:  There is one catch though - while you do get a 0% intro APR on purchases for 15 months* (which I have to admit rocks) you do need to make sure you pay off your card every month after that introductory rate.  Otherwise you may be getting cash back on all your gas purchases but you'll be paying a decent amount of interest every month depending on your rate.

As far as I'm concerned, everybody should be using a gas card these days - it just makes sense.   Just remember to pay off your card every month and you can take advantage of the credit card company and their generous offer - imagine that, you get to take advantage of them for a change.

Discover® Open Road Card: