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What Gas Stations Don T Charge Extra For Credit Cards

What Gas Stations Don T Charge Extra For Credit Cards

Many of us have been there before: you pull into a gas station to fill up your tank, and notice that there's a different price for those paying with cash versus those using a credit card. It's frustrating when you feel like you're being charged extra just for using the convenience of your card. In this article, we'll dive into the facts about gas station pricing, find out why some stations charge extra for credit cards, and most importantly, uncover those gas stations that don't charge extra for using your card.

Why Do Gas Stations Charge Extra for Credit Cards?

Gas stations generally charge higher prices for customers using credit cards due to the fees they have to pay for each card transaction. Every time a customer pays with a credit card, the gas station has to pay a certain percentage of the transaction to their credit card processing company. To offset this cost, they often increase the price of gas for those paying with card.

Merchant Processing Fees

Merchant processing fees can vary greatly depending on the credit card company and the specific type of card (i.e., rewards cards often have higher fees). Some processing companies may even charge a flat fee per transaction. Gasoline retailers have quite thin profit margins, especially when wholesale oil prices fluctuate. They may have little choice but to pass these costs on to customers, hence the price difference.

Gas Stations That Don't Charge Extra for Credit Cards

Thankfully, not all gas stations charge extra for using a credit card. Here's a list of some popular gas stations that don't have a price difference between credit card and cash transactions:

  • Costco
  • Sam's Club
  • Murphy USA
  • ARCO

Keep in mind, this list is not exhaustive, and gas stations may change their policies from time to time. Additionally, at warehouse club gas stations like Costco and Sam's Club, only members are allowed to buy gas. However, the savings you can get from their competitive gas prices and no extra credit card fees may make the membership worth your while.

Tips for Saving Money at the Gas Pump

It's important to have a strategy in place to save money on gas, whether or not you're using a credit card. Here are some tips and tricks:

  • Shop around: Use gas price comparison apps like GasBuddy or Waze to find the best prices in your area.
  • Fuel rewards programs: Many gas stations offer loyalty programs that can help you save on fuel.
  • Pay with cash: If you're at a gas station that charges extra for credit cards, consider paying with cash if you have it on hand.
  • Utilize credit card rewards: Some credit cards offer cash back or reward points on gas station purchases. Just make sure it's worth it compared to any extra fees at the pump!

What Gas Stations Don T Charge Extra For Credit Cards Example:

Jackie needs to fill up her car with gas. She pulls into a gas station and notices that the price for cash payments is $3.30 per gallon while credit card transactions are listed at $3.45 per gallon. Since she doesn't have cash on hand, she decides to try a nearby Costco which is known not to charge extra for credit card users.

Upon arriving, she finds that the price per gallon at Costco is only $3.20 for members, and there's no price difference between cash and credit card payments. Thanks to her Costco membership and the gas station's policy of not charging extra for using credit cards, Jackie saves money on her fuel purchase.

By being knowledgeable about which gas stations don't charge extra fees for credit card transactions and utilizing other money-saving strategies at the pump, you can save a considerable amount on fuel. Don't forget to share this article with your friends and family, so they too can benefit from these tips. For more financial insights and advice, be sure to explore our other informative guides on Flik Eco.


About Jermaine Hagan (The Plantsman)

Jermaine Hagan, also known as The Plantsman is the Founder of Flik Eco. Jermaine is the perfect hybrid of personal finance expert and nemophilist. On a mission to make personal finance simple and accessible, Jermaine uses his inside knowledge to help the average Joe, Kwame or Sarah to improve their lives. Before founding Flik Eco, Jermaine managed teams across several large financial companies, including Equifax, Admiral Plc, New Wave Capital & HSBC. He has been featured in several large publications including BBC, The Guardian & The Times.

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