[Bigmon]

I have several cards that have rewards too. Some personal and some business cards. The good thing about business cards is it doesn't hurt your FICO score if you have a corporation.

Once in a while Discover offers 5% too. That would be 15 cents on $3 gallon so your fuel would be $2.85 plus whatever the truck stop charges for using credit.

[Dejanh]

Originally Posted by GMAN

Which American Express Card do you use, Dejanh?

open.com/simplycash , copy and paste in your browser.


try it out..

[Dejanh]

Originally Posted by Bigmon

I have several cards that have rewards too. Some personal and some business cards. The good thing about business cards is it doesn't hurt your FICO score if you have a corporation.

Once in a while Discover offers 5% too. That would be 15 cents on $3 gallon so your fuel would be $2.85 plus whatever the truck stop charges for using credit.

American express is the way to go id say, i am not planning to use anything else ONLY when A.X. is not accepted, also they give you 5% cash back on wireless service so i went ahead and hooked my phone bill too, Verizon Wireless takes it automaticly each month..some ,,come along money'' that i dont do nothing for...

[Dejanh]

Originally Posted by Bigmon

Once in a while Discover offers 5% too. That would be 15 cents on $3 gallon so your fuel would be $2.85 plus whatever the truck stop charges for using credit.

It doesnt matter how much what is, its 5% and that 5% will not change if the prices that they give those credits on, goes up :!:

600$ in fuel means 30$ in credit back to you, if i put 250 gallons its 12$ more than everyone else pays with cash( 5cpg x 100gallons ), 30-12=18 in savings regardless of how much fuel is so you end up paying 5cpg less than everyone else.. :wink:

[Rev.Vassago]

Originally Posted by Dejanh

It doesnt matter how much what is, its 5% and that 5% will not change if the prices that they give those credits on, goes up :!:

600$ in fuel means 30$ in credit back to you, if i put 250 gallons its 12$ more than everyone else pays with cash( 5cpg x 100gallons ), 30-12=18 in savings regardless of how much fuel is so you end up paying 5cpg less than everyone else.. :wink:

Fuel cards are usually the best route depending upon what kind of deal you have with the truck stops. I use Comdata, and can get cash price plus anywhere from a $0.12-$0.25 per gallon discount at T/A. I'll take that over your 5% off of the credit price. :wink:

Plus, many truck stops are INCREASING the credit price from 5 cents per gallon to 6-7 cents per gallon. The Pilot I fueled at last night is at 6 cents per gallon right now.

[brian]

I agree business credit is a great tool if your responsible, but if your using it to finance your company and don`t have the cash on hand to pay cards off every month you could really hurt yourself.

personally I have over 600k in business credit and my wife has a little more (this goes back to how quick and easy it is to get business credit) and the most we`ll ever use is maybe 20% of that. it just looks good on the paydex score and duns account (two major CRA`s for business) when you have a ton of positive tradelines reporting, for instance I can buy a 4$ coffee at starbucks on a 35k citi premier platinum card and it`ll report that I made my payment on time. :lol:

[Dejanh]

Originally Posted by Rev.Vassago

Plus, many truck stops are INCREASING the credit price from 5 cents per gallon to 6-7 cents per gallon. The Pilot I fueled at last night is at 6 cents per gallon right now.

I entered Pilot twice, TA never and i plan to keep it that way. Pilot and TA have at least 4-5cpg higher prices than anyone else but thats not the reason why i dont go there...i usually fuel at places that have THE SAME price as cash and these major places like TA will never raise it enough for me to loose money,building a good credit rating is worth much more, well at least for me it is + it takes them a month to send me a bill which means bigger cash roll for whatever happens god forbid..

BTW
Pilots 6cpg has been in affect for the entire 3 years i have been driving.

[Dejanh]

Originally Posted by brian

personally I have over 600k in business credit and my wife has a little more (this goes back to how quick and easy it is to get business credit) and the most we`ll ever use is maybe 20% of that. it just looks good on the paydex score and duns account (two major CRA`s for business) when you have a ton of positive tradelines reporting, for instance I can buy a 4$ coffee at starbucks on a 35k citi premier platinum card and it`ll report that I made my payment on time. :lol:

Yeah, i keep mine active just because of that but i dont think i'll never buy a 4$ cup of coffie regardless of how much money I have..

[no_worries]

Rev,

Is that discount you get from Comdata through Graebel?

[Rev.Vassago]

Originally Posted by no_worries

Rev,

Is that discount you get from Comdata through Graebel?

Yes.