Review: Credit Card For Road Warriors

Do you spend a lot of your money on gas and car maintenance? If you do, this credit card can help you earn cash rewards every time you fill that gas tank or bring your car to the shop.

Features

If you have good credit, getting a Discover Open Road Card will allow you to put all that work and expense on your cars to good use with 5% rebates on all gas and auto maintenance spending. Other purchases can get up to 1% rebates.

There are tricky, tiered rules on the gas and repair rebates, so it’s not all peachy for this card. For instance, you get the full 5% in rebates only until you go over $1200, at which time your rebates will drop to 0.25%. From $1500 to $3000, you’ll get a 0.5% rebate while anything over $3000 gets 1%.

For general expenses, you get a 0.25% rebate for purchases up to $1500, 0.5% between $1500 to $3000 and a full 1% for all expenses over $3000. If you exchange your rebates for gift certificates from participating merchants, you can get double its value.

It comes with free insurance benefits including travel accident, auto rental and credit card security. Unless you have a pristine credit record, though, you’re not gonna get the best APR they have available so expected it to be on the average (14% to 19%).

Should You Get This Card?

This card works best for those who plan to spend a maximum of $1200 annually on gas and car maintenance. Any more than that and the value isn’t really that great, with severely lowered rebates after that amount.