How to Buy Gas for Less Than 54 Cents Per Gallon

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I shared yesterday that Kroger’s stores (and apparently their Smith family of stores) is having a one-day-only 4x fuel points gift card bonus today (Saturday 1/23/16), but I wanted to share how I actually put this deal into use. I was able to head to my local Kroger’s and stock up on some gift cards that are basically as good as cash to my family and earn not only 4.5x Amex Membership Reward points on the purchase, but also saved my way to 54 cent gas! Here’s how….

Kroger 4x Fuel Points

Purchase $250 in Gift Cards Today

I bought $250 in gift cards from Kroger’s with the 4x fuel points promo (double the normal 2x) from retailers that I frequent and that won’t result in me spending money I otherwise wouldn’t. I got $100 Amazon, $100 Hyatt, and two $25 Jason’s Deli gift cards – all of which will be used up in the next month or two pretty easily. This resulted in no extra dollars spent to take advantage of the promo.


Pay for the Gift Cards With a Credit Card That Pays Grocery Store Bonus

I paid for the purchase with a card that pays out a grocery store bonus such as the Amex Everyday.

Use 1,000 Fuel Points to Save $1 a Gallon

FullSizeRender 9The $250 gift card purchase will earn 1,000 Kroger fuel points which amounts to $1 off each gallon of gas, up to a $35 gallon purchase. With gas prices already so low at $1.54 per gallon in my area, that will drop the price to 54 cents per gallon, which is insane. And for those living in such an oil heavy city as Houston, frankly a little scary.

Actually, we will do better than that because we will pay for the 54 cents per gallon purchase with our Chase Freedom which has gas stations as a 2016 first quarter 5x bonus category. That will save a minimum of another 5% on the purchase if you use the points as cash, but for me it will rack up 5x Ultimate Reward points (since I also have the Ink Plus) that I value at more than one cent per point.

Stacking a deal on top of a deal on top of a deal is very rewarding, and honestly pretty fun. I needed to go to Kroger’s anyway today, and by taking advantage of this deal I earned 1,125 Membership Reward points and will save about $25 in gas when we fill up the truck…all while paying less per gallon for gas than I have ever paid. Even lower than when I first started driving in the 1990’s and gas went below a dollar a gallon.

Anyone else going to be filling up for around 54 cents per gallon?!

Terms and Conditions for the 4x Fuel Points:

CARDS HAVE NO VALUE UNTIL ACTIVATED. TERMS AND RESTRICTIONS APPLY. Only purchases made with your loyalty card from The Kroger Co. Family of Stores or 1-2-3 REWARDS® Visa® are eligible. Excludes: The Kroger Family of Stores Gift Cards, ALL PREPAID RELOADABLE DEBIT CARDS (Green Dot®, MoneyPaks®, 1-2-3 Rewards ® Visa), & ALL FINANCIAL VARIABLE LOAD CARDS (American Express®, MasterCard®, & Visa®).Offer may be modified or discontinued at any time without notice. Fuel discounts are limited to up to 35 gallons of fuel per purchase, subject to fraud prevention limits on the amount of purchase. Not valid where prohibited by law. Subject to availability. See gift cards for details, terms, conditions and (if applicable) fees. All trademarks are property of their respective owners. Third party participants are not a sponsor of the promotion. Product and offer may not be available in all states.Wireless phones & airtime cards are excluded from this promotion.


Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


  1. The real savings on this deal that I have been doing for years now, comes when you maximize the 35 gallons to save $35. Since no car has a 35 gallon tank, the trick is to coordinate with somebody else (I go wit my wife) and use the same pump to fill both cars. Just park on both side of the pump and transfer the hose quickly. You can also bring plastic gas tanks and fill those to use later but it is a hassle.
    The 4x points used to work for the $500 visa cards too for a long time until Kroger realized that it was giving away $70 for every $1000. This was the best deal ever in MS if you consider the triple deep with credit cards that give bonuses in supermarkets and the usual bonus on gas stations.
    The deal still makes sense for buying $100 visas cards at 4x because those still give you 40 cents of per gallon which is a $14 savings on $35 gallon minus the purchasing fee of $5.95 per card. You can use the $100 cards anywhere. I wish £ could I
    Upload the picture that I took yesterday. 54 cents a gallon, 35 gallons for less than $19.56

  2. I’m jelous that there are no kroger’s near me in the northeast! I’m thinking of getting rid of my amex preferred blue with the $75 annual fee since they cut me off at 6k in spending for the 6% cash back. If I had deals like this near me, I might feel like keeping it.

    • Have you checked to see if Safeway has bonuses on gift cards? Kroegers isn’t the only grocery store that does gas bonuses on gift cards.

  3. I drive a lot. I pay for all of my oil changes with Jiffy Lube gift cards–either bought at Hy-Vee with Amex for the gas bonus or bought at office supply stores with Chase Ink. Also (except for last quarter) pay for everything on Amazon with loaded gift cards. Any site where the gift card can be loaded and left until you need to use it later makes it really easy for points.

    It is crazy to me that I used to not take advantage of the easy bonuses of buying gift cards that I know I will use.

    @mommypoints. Have you seen any gas station gift cards at any office supply stores? The only one I occasionally see is a shell, which is not helpful to me.

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