Credit Card to use when traveling

Poppy & Nana wrote:

pnichols wrote:

At todays fuel prices 5% off amounts to getting around 15 cents to 25 cents off every gallon of RV fuel everywhere.
..

This is from PenFed website....
•5 points per dollar spent on gas purchases paid at the pump*
•3 points per dollar spent on supermarket purchases*
•1 point per dollar spent on all other purchases

I know its early morning - but how would that translate to a savings of 15 - 25 cents per gallon discount? Don't want to start a "war"...just trying to wrap my heat around what was said.

I figure $100.00 of fuel x 5 points = 50 points x 52 fills (once a week) = 2600 points x 2 years = 5200 points trade that in for a Visa card for $50.00

$100.00 of fuel /$4.00 per gallon (this is below our going rate as of 2/20/13) = 25 gallons x 52 fills = 1300 gallons x 2 years = 2600 gallons / $50.00 (gift card) = 2 cents per gallon savings.
Just remember they are not giving you 5% they are giving you 5 points per dollar...BIG difference!

Right now we use Exxon Mobile HOWEVER they only offer a 6 cent discont on a minimum 45 gallon (per month) to a max of 100 gallons (per month).....so I now have DH tracking his fuel purchases and we stop using that CC when he reaches 100 gallons for the month....

I’m not saying this is not a good deal – because anytime anyone wants to “give” me money it works for me….just trying to figure out a scenario given to us!

Yes I just based my calculations on fuel purchases, as I know that is our major expense while we camp!

pen fed has several points cards. ONE specifically gives you 5% Cash back on fuel purchases at the pump. The way it works is at the end of the month BEFORE they bill you they credit your accout for 5% of the fuel purchases. THEN they bill you for the balance. So at $3.00/gallon you get $.15/gallon back at $4.00/gallon you get $.20 back for every gallon you purchase. combined with the Kroger discount on groceries etc. we end up getting an average of $.30/gallon on most fuel purchases.

And again, with the pen fed you MUST swipe at the pump. If you go inside etc. you won't get the rebate on the purchase.