Gas Rewards Credit Cards
Kathy Chu reports on the Dow Jones Newswire about the increased interest in credit cards that pay rewards on gasoline purchases as fuel prices have continued to climb.
In general, gas-rewards cards appeal to consumers because "gas is almost like cash in that you see the dollar signs right away," said Ms. Sneed, of Maritz. By contrast, with other rewards programs, consumers may find it difficult to calculate the value of points that can be redeemed for airline tickets and merchandise. This is especially true since how much a "bonus point" is worth, in dollar terms, fluctuates. Currently, one point is worth about a penny, according to Ms. Sneed.
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