|
The Lowdown on Discover Gas Card
By Eric Wasselman
Do you feel that with gas prices going up, our wallets get lighter each time we fill up the tank? How about getting some of that cash back? Well, this would be possible if you have a Discover Platinum Gas Card.
For the first $1500 purchase in a year, card holders are able to get a cash back value of 0.25% of credit card charges in cash. Once their charge value hit a range of between $1500 and $3000, that percentage goes up to 0.5%, whilst credit card charges surpassing $3000 are eligible for a 1% cash back reward. Also, these numbers go higher whenever there are special promotions. In fact, sometimes the cash back value even doubles that of the usual amount.
Other than the attractive cash back reward program, Discover Gas Card users are also able to enjoy special privileges with some of Discover's merchant partners such as Hyatt Hotel, Royal Caribbean Cruises and car rental companies. Also, when Discover Gas Card users sign up for Discover's Get More Program, they are able to earn up to 5% in cash back bonuses just by making purchases at any of the partner stores or when redeeming gift certificates. However, gas purchases are limited to $25000.
Finally, we come to the APRs, which is a strong determining factor especially for consumers with large outstanding balances. The regular APR for the Discover Gas card is set around 10.99%, although these rates are tied to the Prime Rate and may increase. Other factors affecting the rate would be an applicant's credit rating. Initially, a new card holder will be able to use the card on a 0% APR basis for up to a year. This in itself is a great benefit to have as the standard interest rate computation system for this card is based on a two-cycle Average Daily Balance. Thus, if you do not pay off your monthly outstanding balances, this would not be a good card to own once the promotional period is over. About the Author For more information or to apply for the Discover Gas Card, Eric Wasselman recommends Find Credit Cards. See http://www.findcreditcards.org/card/discover-platinum-gas-card.php .
Article Source: http://www.simplysearch4it.com/article/29064.html
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/29064.html" as shown above and make it hyperlinked. |
Some other articles by Eric Wasselman | Morgan Stanley Credit Cards The name "Morgan Stanley credit cards" is used mainly in the United Kingdom. In the USA, they are now known as ...
The Top 3 Visa Credit Cards It is not easy to select the top three Visa credit cards as comparison is normally done based on certain components ...
The Top 3 MasterCard Credit Cards According to www.bankrate.com , the top three MasterCard's based on carry a balance were issued by Capital One, Pulaski Bank and Trust Company ...
The Top 3 HSBC Bank Credit Cards Issued by the HSBC Bank in Nevada, HSBC credit cards are valued because of their low APR which means a lot to customers who generally carry a balance on their credit cards monthly.
...
The Top 3 Discover Credit Cards Discover credit cards are another popular credit card. The top three cards according to online research are the Discover Platinum card, The Miles Card from Discover, and the Discover Platinum Gas card. All discover cards can easily ...
The Top 3 Citibank Credit Cards The top Citibank (Citi) credit cards were selected based on the introductory purchase APR (Annual Percentage Rate).
• Citi Platinum Select
Offering a ...
|
|
| |
|