The short answer? Yes, absolutely! People typically use their debit cards or pay in good old-fashioned cash when filling up on fuel, but there are lots of advantages to using a credit card to pay for gas. Especially with today’s huge price hikes, it’s important to use every financial resource available to maximize your savings! Here are four reasons why using a card like QCU’s Visa Signature Card at the pump can help put more money back into your pocket with 6% Cash Back Rewards* on all gas station purchases through 2022.

1. Track Your Spending

Using a cash-only for all purchases can be helpful, but also dangerous to since it leaves no paper trail whatsoever. But when you pay with plastic, there’s always a record of the transaction. Just be sure to look at your statement each billing period and regularly check in to your online and mobile account tools to see how much you’ve spent on fuel costs. Easy budgeting and tracking at its best!

2. Earn Rewards for Every Gallon

A card like the QCU Visa Signature can help get more bang for your buck on everyday purchases like gas. Offers like 1.5% Cash Back on all purchases* and 6% Cash Back* at all US gas stations through 2022 can really pay off. This is especially true when you’re purchasing gas that you’d need to buy anyway. You’ll be surprised how much those purchases can add up. In just one year, you may have enough rewards to fund a full vacation!

3. Fraud and Theft Protection

Credit cards are the go-to choice to protect your funds from fraud! A credit card purchase can be easily disputed if found to be fraudulent. Many cards offer a zero-liability plan as long as the credit card company is notified soon after the transaction hits. Finally, paying with cash always carries the risk of theft. A stolen or hacked credit card, on the other hand, can easily be closed or locked.

4. Free Up Your Cash

Gas stations try to avoid theft and fraud by placing a hold on the debit card account as soon as you finish the transaction. The hold is generally between $50 and $150 and your debit card is charged for the appropriate amount. But the hold on the card may not clear for several days. If you need every dollar in your account now, you may want to use a credit card rather than a debit card when paying at the pump.

Using the QCU Visa Signature Card to pay for fuel can have unique advantages with benefits in the form of rewards and cash back! Visit our website to learn more or apply directly through our loan and credit center.

*Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.