Gas Credit Cards

Professor Steve Sherman, Feliciano School of Business Instructional Specialist in Marketing department, was recently featured in a WalletHub article about gas credit cards. These cards can provide as much as 5% back on gas purchases. However, according to Professor Sherman, consumer debt is rarely a good idea, except in special cases, like securing a mortgage for a home, an asset that appreciates over time.  Consumers often end up overextending themselves even for gasoline purchases, and are better off using cash.