Discover Platinum Gas Credit Card

PRESS RELEASE — As the price of gas continued to climb, consumers increased their borrowing in May 2006.  According to the Federal Reserve, the use of credit cards and other types of revolving debt rose 2.5 percent, the fastest pace since October 2004. More recently, the average U.S. price of regular unleaded gasoline nationwide hit $2.96 a gallon, down a penny from July 11, according to AAA.  Despite the minor relief, crude oil prices are surpassing $77 a barrel, breaking record highs and likely spurring higher gas prices at the pump in the coming weeks.

While the use of credit cards has already been a solution for some overtaxed consumers, it is important that they get the most benefit possible when paying with plastic.  One way to do this is with gasoline credit cards, such as the Discover Platinum Gas Credit Card. The Discover Platinum Gas Credit Card enables the cardholder to earn 5 percent Cashback Bonus on gas purchases throughout the year.  With the price of gasoline today (and forecasts for a continued rise), think of how much you’ll save. But that’s not all.

The Discover Platinum Gas Credit Card also yields up to 1 percent Cashback Bonus on all your other purchases.  And, you have the option to double your Cashback Bonus reward (for example, turning $20 into $40) when you redeem for gift cards or certificates from many of the credit card’s brand name partners. So what is Cashback Bonus?  It’s the only cash rewards program that gives the cardholder complete earnings freedom — free rewards that never expire as long as you use your Discover credit card.  The Cashback Bonus Program provides the most redemption choices of any rewards program, with options for check, electronic deposit to any account, credit to your Discover Card account, gift cards or certificates from the credit card’s partners. In addition to the savings on gasoline and other purchases, consumers will enjoy a 0 percent intro APR for purchases and balance transfers for 12 months, $0 fraud liability, and no annual fee.

So take action today to ease the pain at the pump, before gasoline prices get the chance to rise further, and apply online instantly for the Discover Platinum Gas Credit Card!