Gas prices are at an all-time high, leaving consumers to foot the bill. With Summer travel underway, it is vital to know ways you can save on gas. Here are our best tips and tricks to get you on the road while spending less.
Join a Rewards Program
Many credit card rewards programs include cash back, which is key to saving money. Most programs can give you 3% to 5%, saving you hundreds per tank. Every program works differently, so read the terms and conditions to make sure it is worth it for you. Also, check with your local grocery store for a gas rewards program. For example, Kroger has a great program that gives you gas discounts after spending a certain amount of money on their groceries. This strategy can be a great way to save money while keeping your same daily routine.
Use a Gas App
Instead of burning more fuel driving around to find the cheapest gas prices in town, use a gas app! GasBuddy is an excellent app committed to finding the best gas prices in your town. Other apps used for navigation, like Google Maps or Waze, also give gas station recommendations by price.
Pay with Cash
Look closely at the gas prices on display. You may see a special cash-only price, which will be the lowest. Card charges include bank fees, which are more expensive than the posted number. Cash payments are discounted by 5 to 10 cents per gallon but can often be higher. Using your debit card, you may incur a transaction fee. Check with your local station attendant about their policies.
Drive Defensively
Don’t put extra work on your engine than you have to. Drive carefully and slowly, looking for hazards. Brake gradually and early, especially when approaching red lights. Defensive driving is the best strategy to get where you need to go safely and, in this case, cost-effectively. If you need a refresher on defensive driving, visit our overview HERE!