Mygallons.com?

Question

Has anybody ever used mygallons.com to pay for gas? They claim that you save money by paying for gas at the prices now and fuel up when you need gas at that price. There is a membership fee and a fee to reload your pre-paid debit card. I just want to know if it really saves you alot of money.

Answer 1

Gas prices are only up about a dollar over the past year, given the $30-40 annual fee and the refill fee I don't think gas will go up high enough and fast enough for you to benefit, much less break even. Maybe if you drive A LOT and have terrible gas mileage...

Answer 2

I havent used it but it depends on a couple of factors.

Will you save enough to recover the $30 sign up fee.  

If you signed up yesterday and paid say $3.50 / gallon for 10 gallons  and used it today and the regular price is $4  you saved $5  

Its a great idea and in todays economy can save you a lot of money.

The flip side is.. what if you pay $3.50 and gas at your local station drops to $3.25  ???    You simply dont use the card and pay out of pocket and hope prices go up

Keep that in mind

Answer 3

sounds too good to be true you know what that means

this line i found on their site it makes me wonder

Q Do you really offer a 100% Money-Back Guarantee?

A Yes. If you do not save money on at least one redemption throughout the subscription year, we will refund 100% of your first year's membership fee.

i figure it means if you dont like it you get screwed cuz they only have to save you money once

Answer 4

Ignore the answers above. its a win-win situation. if the gas prices go down than what you have paid(lock-in price with mygallons.com) you can redeem your card for cash(not the membership fee tho). Think about 10 cents a gallon profit for you that takes only 300 gallons to cover your membership which you would probably use to drive 6000 miles( depending on you drive a 20mpg car). That 10 cents I mentioned above was in 2005 we are in 2008(look for historical prices).

I have been using it . start up with 300 dollars for now you will see the benifits and yes look for OPEC news and oil commodity prices b4 and the future projections.

thnx to bush, china and india.