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In a nutshell
According to AAA, the average price for a gallon of gas is around $3.40 nationally. Some states, like California, Washington and Hawaii, average above $4.00 per gallon. Even if you don’t live in one of those states, you might wonder how to save money on gas, especially if you drive regularly.
- Paying with cash is one of the easiest ways to save money at the pump.
- An app like GasBuddy or Waze can provide current information on gas prices near you.
- Consider joining a fuel or grocery rewards program to earn more gas discounts.
Upside Cash Back Rewards App
Benefits
- Earn an average of 2% on gas and restaurants
- Average cash back of 2.5% on groceries
- Works with big brands as well as local businesses
Try these 11 methods to save at the pump
Here are several different ideas that can help you save money on gas, ranging from changing how you pay to changing how you drive.
1. Pay with cash
According to ABC News, credit card companies charge gas stations a 2-3% surcharge when customers use credit cards. Because of this, many gas stations offer discounts to customers who pay with cash.
Gas stations offering customers less expensive gas for cash purchases typically display the cash and credit prices on their signs.
2. Use a grocery rewards card
Some grocery stores, including national chains like Safeway, Kroger and Albertsons, offer points toward gas for every dollar you spend on groceries. Some even offer their own rewards cards.
While the ways you earn points vary by grocer, you can redeem your points for discounts on gas. This is one of the simplest ways to save money on gas because you’re earning points for shopping you’re already doing.
3. Use gas station loyalty programs
In addition to grocery store rewards cards, many gas station brands, including Shell and Exxon, offer their own loyalty programs. You’ll often see instructions for how to sign up when you are just about to pump gas.
Some of these programs offer initial discounts on your first gas purchase as a rewards member and enable you to accrue points as you fill up at different gas stations.
4. Avoid premium fuel if you don’t need it
Some cars require premium fuel to run properly. However, if your car does not require premium fuel, you do not have to pay for it. Not using premium fuel can save you significant cash over the course of the year. Check your car’s manual to see whether or not your vehicle is designed to run on regular gas.
5. Minimize cargo
If you have a roof rack or another type of cargo carrier on top of your car, remove it to save money on gas. A roof rack can create drag, which reduces your overall fuel efficiency. If possible, place cargo holders on your car only when you need them, like if you’re going on a family road trip.
6. Carpool
It seems obvious, but adults can carpool just like kids. If you have a coworker who lives nearby, you can carpool to and from work, saving both of you gas money over time.
7. Don’t hit the gas
If you like to hit the gas the second the light turns green, consider adjusting your driving style. Accelerating quickly can burn more gas, while maintaining a steady speed can help reduce your fuel consumption.
8. Refuel during the beginning of the week
According to 2022 data from GasBuddy, Monday is the most affordable day of the week to fill up your tank. Thursday, on the other hand, is the most expensive day of the week to buy gas. So, if you get in the habit of filling up your tank on Mondays, you can save even more on gas prices.
9. Fill up when you have half a tank
Another hack that can help you save gas money is to fill up when your tank is half-full. The idea is that you can shop around for the best prices, instead of urgently pulling into the nearest gas station when your tank is empty.
10. Download a gas-savings app
Several different apps can help you save money on gas. The most popular one is GasBuddy. GasBuddy uses real people to report gas station prices, helping you get the best gas prices nearby. The map app Waze also provides real-time data on gas prices.
11. Complete regular vehicle maintenance
Maintaining your car on a regular schedule can also help you save money on gas. For example, if your tires are underinflated, that can increase fuel consumption. Additionally, other small maintenance tasks like changing your air filter and using the right type of oil can improve your gas efficiency.
How to save on gas when traveling out of state
When you’re planning to travel out of state, most people think about planning their route, packing their bags and booking a hotel. However, some people forget to check gas prices on a road trip.
By using apps and other up-to-date data on gas prices in each state, you can decide which states you’ll use to fill up and how much you can expect to budget for gas for your road trip.
Gas vs. electric cars
Many new electric car brands and models are emerging in the marketplace, giving consumers more choices than ever before when it comes to leasing or purchasing electric vehicles.
If you’re trying to decide whether an electric car will save you money overall, weigh the initial cost against the long-term savings. Additionally, make sure that charging stations are available near where you live and on frequent routes you travel.
The AP Buyline roundup
Saving money on gas doesn’t have to be complicated. In fact, you can reduce your gas expenses over time with just a few small changes, like using an app to find low gas prices or signing up for a rewards program.
Alternatively, you can consider upgrading to a more eco-conscious vehicle like a hybrid or an electric car to cut down on your gas costs even more.
Frequently asked questions (FAQs)
Is it better to pay for gas with cash or a credit card?
Many gas stations offer discounts for paying in cash. If gas is cheaper for cash customers, it’s better to pay with cash.
However, if the cash and credit prices are equivalent, pay with a credit card that earns points and rewards. Make sure to pay your cards off in full each month so you don’t incur interest charges.
Is a debit card cheaper for gas?
No, paying with a debit card does not typically make gas cheaper. Sometimes, however, gas stations offer lower prices for cash-paying customers.
