Driving an RV is a good way to take a family vacation. It allows you to pack a lot of things for your trip and allows you to carry them around. An RV-style vacation is also a good way to be in touch with nature, set up camps and spend outdoor recreational activities. Renting an RV definitely spells fun and adventure for the whole family. However, the current disappointing gas price increases have made a lot of families park their RVs and go with other less expensive recreational activities. RVs eat a lot of gas because of its size; larger vehicles are harder to roll and requires the engine to work harder. This all entails more gas consumption and with the current gas prices, using an RV is just too expensive. But the good thing is, there is a way to save money on gas which will allow you to use your RVs. Save gas money on gas by using gas cards.
Basically, gas cards come in two forms-gas prepaid cards and gas credit cards. The latter would make you think of high interest rates but believe it or not, you actually save if you use gas cards on your RV. Gas credit cards works just like an ordinary credit card that you use it to pay for your purchases. However, you save every time you use it to pay for gas purchases. Gas credit cards offers rebates or discounts on gas purchases. The current percentage rebates are somewhere between 2% to 5% or even as high as 10% during introductory periods. Your rebates comes in the form of rewards points that can be accumulated over a billing period and redeemed once it reaches the redeemable amounts, usually at $ 25.
Depending on the card company, these rewards points can be converted into cash backs which is credited to your existing cards or issued to you in the form of checks or gift gas cards. There are also companies that offer non-cash rewards such as airline tickets, products and gift certificates.
If you thought about interests on gas credit cards earlier, then you were right to think so. Gas credit cards do carry an interest- the annual percentage rate. Current annual percentage rates are somewhere between 9.99% and 16.99%. However, if you pay your bill in full and on time, you will not be charged with this APR. Also, most gas credit cards carry no annual fee so you can be sure that no fees will negate your savings.
Gas prepaid cards on the other hand, works a different way than gas cards. They too offer gas rebates only that these cards carry a limited amount. This type of card can be preloaded up to your decided amount and can only be used up to that certain amount.
When you go looking for gas cards for your RV, choose one that offers the highest rebates. You may also want to read the fine print. Read in particular how your rebates can be redeemed and up to how much. Stay away form gas cards that has rebate caps or those that limit you savings. Next, you may want to check for expiration dates. Take note of these dates or you may watch your savings go down the drain. And, if you plan to maintain a balance on your card, make sure you look for the card with the lowest APR. This interest can easily negate your savings and you may even end up paying for more.
By manolofranco from Pixabay