Gas Card Rewards Interview with ABC News Radio
CreditCards.com Senior Industry Analyst Matt Schulz spoke on Tuesday, March 17, 2015, with Richard Davies of ABC News Radio about the results of the March 2015 Gas Cards Rewards survey. The interview and transcript are below.
Richard Davies: Almost every motorist wants to save on gas. One way to do it is get cash back with a gas credit card. But Matt Schulz of CreditCards.com says they’re not a very good deal.
Matt Schulz: The average interest rate on them is about 24%.
Davies: What if you pay your bill in full each month?
Schulz: What you get from them in terms of rewards isn’t what you could get from, say just a generic cash back credit card.
Davies: And some credit cards have extra rules.
Schulz: You need to meet minimum thresholds of spending.
Davies: Richard Davies, ABC News.