Looking for Cheaper Gas?

Then come to New Jersey!

And fill up at gas stations along the Garden State’s pay road!

With national average of regular gas at $3.574/gallon (Gasbuddy.com), NJ’s $3.374/gallon average is the second lowest (only Wyoming has cheaper gas). However, $3.374 per gallon is NOT the cheapest you can find in the state.

Along NJ’s toll road, Garden State Parkway and NJ Turnpike, regular gas is still sold at $3.179 a gallon, but only for a few more hours. Because of the contract between the state and gas stations, stations can only adjust their price once a week, at the mid-night every Friday. By tomorrow morning, the price will go up 23 cents. No wonder people are lining up to fill up their tanks today! Even out-of-state drivers are attracted to these stations to get a full load before heading back home to facing near-4-dollar gas.

And today CIBC World Markets analyst came out with a prediction that gas price could hit $7 in four years. Talking about being squeezed, the ever increasing gas price has a much bigger impact on our wallet than food, at least for now.

Featured Information: Gas Rewards Credit Cards

Feeling the pain at the pump? Get up to 5% cash rebate for the money you have to spend from these gas rewards credit cards:

Discover Open Road Card: With Discover Open Road Card, you can earn 5% cashback on gasoline purchases at any stations where Discover is accepted. Plus, it also offers 5% Cashback Bonus on auto maintenance. However, the drawback is only the first $100 are eligible for 5% bonus. Other purchases earn 1% Cashback Bonus.

Chase Freedom Credit Card Chase Freedom Card is the gas reward card I am using, though not exclusively for gas purchase. The card gives 3% cashback on all purchases at any gas station. But it comes with a catch: Gas purchase must be one of top 3 categories in monthly spending to e receive the 3% reward. Otherwise, the rebate will be just 1%. In addition, the card also has a maximum of $18 you can earn on 3% bonus every month.

More card offers can be found here.

*Photos from NJ.com

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• Seeking higher returns for your cash? Take a look at the latest interest rates from leading online banks and find out where to get the most for your money.
• Earn up to 5% cash back from these cash back credit cards while shopping at gas stations, grocery stores, or online.