U.S. Drivers Using Credit Cards More for Gas Purchases

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00010292-us-drivers-using-credit-cards-more-for-ga/

By Janet McGurty, Reuters

U.S. drivers are relying more on credit cards to cushion the pain of high gasoline prices than they have in the past, according to the National Association of Convenience Stores.

Convenience stores, which sell about three-quarters of all gasoline sold in the nation, have seen the use of credit card purchases for motor fuel rise to 70 percent from about 54 percent last year, according to the industry group.

And drivers are seen reaching into their pockets for plastic more often as they try to stretch their budgets.

For this complete story, please visit US drivers use credit cards to manage gasoline pain.

U.S. Drivers Using Credit Cards More for Gas Purchases

Unknown Author

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