Thread: No gas on credit cards
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Old 06-19-2008   #7 (permalink)
Easyrider
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Re: No gas on credit cards
I'm the same way...I hardly ever carry over $25 cash on me. It's just too easy to use my debit card everywhere...even at the pump. I also have a Chevron/Texaco gas card although I only carry it when I travel.

Something I heard about on TV last week was the concern about consumers using credit cards for gas when consumer debt is at an all time high. This gas crunch is hurting everyone. Some people overspend and live beyond their means. Continually putting gas on plastic, carrying a balance and NOT paying it off each month is going to spell T-R-O-U-B-L-E in the future.

I used my gas card this way one time years back and before I knew it had about a $700 gas bill. I decided to take it out of my wallet and only carry it when traveling.

And let's not forget it's still hurricane season. God forbid we have a major hurricane to strike land and gas will go up even higher. :-(
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