Obtaining a gas credit card?
How easy or hard is it to get a gas card ~ my credit score is 620-630 (depending on bureau) what are my chances
How easy or hard is it to get a gas card ~ my credit score is 620-630 (depending on bureau) what are my chances
8 Responses to “Obtaining a gas credit card?”
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Search engine terms: a gas card with 620 score,
Your chances are good, but you have to pay it off monthly and your interest rate will be through the roof.
It shouldn’t be all that difficult to get a gas card, depending on what you are looking for. Just look around for the card that will offer you the best interest rate and terms, even if you have to just get a regular card, rather than a gas card. Credit cards can be used anywhere, and if you can get one with a better interest rate, then why not take it instead and save that extra money?
The advantage of getting a gas card is that you will get at least 5% discount - in the current situation with gas so expensive this seems pretty sensible.
You obviously know what you are doing and understand that 620-630 is not the ideal credit score. In the eyes of card issuers, anything below 620 - 650 is considered a “poor” score.
My guess is that you will be able to get a card but that you will have a relatively high interest rate. This means you will need to pay the card off every month or the high APR will wipe out the benefits of the gas card discount.
Your chances are good because, in addition to wanting to loan you money, they want to sell you stuff at their stations. Beware, this may not do much for your credit as not all gas companies report their accounts.
You can apply for gas credit card. Try Discover Open Road
with that score you should not have any problems getting one check out here you will be able to compare all major credit cards side by side on rates, fees and rewards.
very good, you might want to go here to compare them, pick one that is right for u
The first credit card for gas that you can apply online is the Discover Gas Card.
Another card that is an instant approval card, having gas rewards along with various other rewards is the Hilton Honors Platinum Credit Card. It gives rewards at eligible gas stations, supermarkets, and many other places.
While choosing a credit card that offers you gas back, you should consider whether the rewards should be taken off of the gas or if the purchases at the gas station make you eligible for other types of rewards. E.g. on the Hilton card, you get rewards for your gas purchases but are more of rewards given by Hilton, rather than cash back for gas. So consider this point carefully when applying for a credit card with gas rewards.