With increasing fuel prices, travelling by road has become costlier than before. If you are planning a road trip, this can become a problem. But there is a solution. This solution will help you save a lot on fuel costs. For impulsive travellers and travel enthusiasts, a road trip will no longer be so costly with this solution.
This solution is a fuel credit card. This type of credit card gives you discounts and offers on fuel costs. The benefit is that you can use this card for both small and big fuel purchases. So, whether it is for daily commuting or leisure travel like road trips, this credit card is quite useful.
So, here are some hacks that will help you save on fuel costs using one of the best credit cards for fuel discounts.
Best Hacks with Fuel Credit Cards
- Choose a Good Credit Card
This obvious hack is often overlooked. People tend to go for a credit card that charges less interest on balances. However, choosing the best credit card for fuel discounts should be done wisely. You should take a look at the amount of cashback and reward points this card offers on each fuel purchase. You should also see if you can get waivers on fuel surcharges. Lastly, always check which petrol pumps the card has partnerships with. - Know the Reward Schemes
Before you finalise your fuel credit card, you should learn about its different schemes. Some cards offer reward points on every fuel purchase, while others may offer reward points based on the amount of fuel transaction. So, choose wisely when selecting a card. - Take Advantage of Waivers
Some credit cards offer waivers on fuel surcharges. If you are going for a road trip, the meagre surcharges of 1-2% can accumulate, leading to a big fuel bill. So check which petrol pumps your credit card partners with and only fill up your tank at those. This can help you save on the fuel surcharges. - Learn to Combine Fuel Offers
Some fuel credit cards have a variety of offers. Sometimes, you can club these offers for an even greater deal. Also, some petrol pumps in your credit card network may offer promotional offers. So, in that case, you can avail of both the petrol pump’s offer and the discounts on your credit card. This is the most economical way to fill up your tank when on a road trip. - Habituate Tracking Fuel Expenses
This is one of the most underrated credit card hacks when it comes to fuel savings. You can learn to save on fuel spending only when you track them. There are many smartphone apps and online tools that help you do this. Install such an app on your phone before going on a road trip and keep track of your fuel spends - Subscribe to Your Bank’s Newsletter
This is a sure-shot way of discovering the latest offers on the best credit cards offered by your bank. Whenever you spot an offer on fuel spending, simply take a screenshot of it. Whenever you are on a road trip, just look up the screenshot, and you will know which offer to use to save on fuel. - Use Digital Wallets for More Rewards
Some fuel credit cards can be integrated with your digital wallets. When you link such a credit card with your digital wallet, you may find that you are getting additional cashback. For example, your credit card may offer a 1-2% discount on paying using a digital wallet. While your digital wallet may offer a 5% bonus on wallet top-up. So combining these offers can help you save more on your road trips. - Pay Credit Card Bills
Another way to save on fuel spending and economise your road trips is by paying credit card bills fully. Even the best credit cards charge a high interest on payment balances. If you pay off your bills regularly, you will not accumulate any interest on your credit balance. This will leave you with disposable savings whenever you plan a road trip.
Conclusion
Using a fuel credit card effectively can significantly reduce travel costs, making road trips and daily commutes more affordable. Travellers can enjoy maximum benefits by selecting the best credit card for fuel savings, leveraging waivers, tracking expenses, and combining offers. Pay bills in full and stay updated on promotions to ensure hassle-free savings and seamless journeys on the road.
