Buying Gas With Credit Card · Quick

Combine your credit card rewards with free gas station loyalty programs for double the discounts.

While beneficial, using a credit card at the gas station comes with a few specific risks. 1. Credit Card Holds buying gas with credit card

Regular, on-time payments help improve your credit score. Combine your credit card rewards with free gas

Many credit cards offer 3% to 5% back on gas purchases. Credit Card Holds Regular, on-time payments help improve

When you swipe at the pump, the gas station does not know how much fuel you will buy. To ensure you have sufficient funds, the station will place a temporary authorization hold on your card. Holds can range from $50 to $175. The hold reduces your available credit temporarily. It usually drops off within 48 hours. 2. Gas Station Surcharges

Many gas stations charge two different prices for fuel: a lower price for cash and a higher price for credit cards. The difference is usually 5 to 15 cents per gallon.

Always check the sign to ensure your rewards outweigh the higher credit price. 3. Card Skimmers