Welcome to another editon of Coupon Corner at ElvisDuran.com!
When it comes to high gas prices, there's not a whole lot you can do…but with summer on the way and more people taking to the roads, there are several ways you can, at the very least, save a couple of bucks.
First off, there are a number of web sites and smartphone apps that will direct you to the cheapest gas prices in your area. Try GasBuddy.com. They are the largest and list stations nationwide. Just put in your zip code and it will let you know the cheapest around. Of course, sites like this are only as good as the people that report to it, so prices may vary from what is shown.
Another thing I found, that varies from state to state and station to station, is that many gas stations now charge more if you use a credit card. Sometimes as much as a dollar more per gallon! You have to read the price signs carefully…lots of times it will say "cash" real small, and if you want to use your credit card, it'll cost you more. Now, I don't know about you, but it takes over $80 to fill my SUV, and I never have that much cash on me. But, I found a way around it…gift cards! You can pick up gas gift cards at drug stores, supermarkets or the gas stations themselves. When you pay for gas with a gift card, you will almost always be charged the cash price.
Gas company branded credit cards are another way to save a few cents per gallon. I have a few of them, and they are all Visa or Mastercard as well, so you can use them anywhere to build up cashback on your gas purchases. Most of the major oil companies have them, including Exxon/Mobil, BP, Shell, Citgo, Hess, Gulf and many others. You can earn anywhere from 2% to 3% back on gas purchases, then 1% everywhere else.
There are also some supermarkets that can save you on gas by using their store loyalty card to accumulate gas points. Check with your favorite supermarket to see if they participate. Currently, Stop & Shop and Giant stores are running this promotion.
While I am not a fan of warehouse clubs, some club locations have gas stations, and they tend to be up to 15 cents cheaper then gas at other stations in that area.
Don't be a gas snob! Generic brands are just as good as the national brands. All the gasoline is refined at the same refineries. The national brands just cost more because you are paying for their marketing and advertising. So unless you are using a specific credit card for a national brand, you can fill up at Joe Blow gas and not worry that your engine will fall out.
I'd love to hear your tips as well! Email me at ScottyB@ElvisDuran.com or hit me up on Twitter... @ZscottyB
Thanks for listening!