Josh Elledge - CEO, UpMyInfluence
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How to Save at the Gas Pump in 2022
As both the economy and geopolitical climate change and intensify, gas prices continue to soar. While we can't totally eliminate the impact on our wallets, there are some ways to soften the blow. Here are our tips to saving at the gas pump in 2022.
Use Gas Price Apps
There are a number of apps available that track gas prices across your region. These apps help you determine where to fill up in order to maximize your gas savings. While it may only be cheaper by a few cents, every little bit helps when combating inflation.
Join a Savings Program
There are also savings and loyalty programs available for those who want to accumulate points and rewards. This is simply best practice when it comes to trying to save on fuel. Certain apps and programs actually save you a few cents per gallon forever once you join their programs.
Do an online search to figure out which gas savings program is most beneficial for your budget and spending habits. It's definitely worth signing up for — the best part is that the majority of these programs are totally free!
Avoid Premium Gas
Unless your vehicle requires premium gas, consider skipping it for right now. You can save up to 40 cents a gallon just for making the switch right now.
Fill Up Early in the Week
According to recent gas price studies, gas tends to be priced lower on Mondays and Tuesdays – and tends to be more expensive on the weekends. Make a point of refueling during the early part of the week to save a few more cents per gallon.
Check Payment Method Fees
Some gas stations charge a small fee for using a credit or debit card. This seems innocuous, but the strategy is to stack these tips to optimize your savings overall. Make sure you're not paying with a card if your store charges a fee. You can simply ask the clerk if there are convenience chargers for card purchases to find out more.
Use Rewards Credit Cards
If there are no convenience fees associated with credit card use at your gas station, consider using a fuel rewards focused credit card to maximize your savings and cashback on gasoline.
Research interest rates and the rewards terms and conditions of the card as you select the best card for you. Make sure it will accumulate rewards in a way that’s actually beneficial to you – the use of a credit card should only be strategic. If you can’t afford to pay off the balance each month before interest accrues, skip this tip.
