Today’s gas prices are the lowest in recent memory, but they won’t stay that way forever. What if you could buy gas at today’s historically low price, and then use that gas at a later date?With TankWallet, you have gas price protection. Just buy gas vouchers from your favorite gas stations at the current low price. Then use those vouchers to for future fill-ups, no matter how much the cost of gas increases.
➤ Locking in your price with TankWallet is as simple as 1,2,3:Buy gas vouchers from your favorite station at the current price.Fill up your gas, just as you normally would.Redeem your voucher by submitting your receipt after each fill-up and get reimbursed for what you paid at the pump.
➤ HOW IT WORKSEmma buys a January voucher for 100 gallons of gas at $2.50/gallon. Emma pays $250 for the voucher.Gas prices go up to $3.00/gallon. Emma uses 100 gallons of gas in January and pays $300 at the pump.Emma submits her receipt after each gas purchase and gets reimbursed for $300.Emma saves $50!
While everyone else pays $300, Emma has locked in her price of $2.50/gallon and only pays $250.
TankWallet gives you peace of mind at the pump. No matter how much the price changes, your price is locked in for the month.
➤ VOUCHERS AVAILABLE FROM✔ Pilot✔ Loves✔ Flying J✔ Chevron✔ 76✔ Shell✔ Valero✔ TA-Petro✔ ARCO✔ Rotten Robbie✔ Quik Stop✔ Costco✔ Flyers✔ Mr. Fuel✔ Gas & Shop✔ 7-Eleven✔ Safeway✔ Mobil✔ World
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➤ How can TankWallet guarantee a fixed price if the gasoline price goes up later?We hedge the risk of price fluctuation by buying gas related financial products on secondary markets, such as CME. In other words, we pre-purchase gasoline at large quantities at fixed price.
➤ I didn’t use all of the gas I bought. What happens now?If you do not use the full amount of gas purchased for a calendar month, the voucher expires, and any unused gallons are automatically redeemed based on the gas price at the pump on the last day of the month.
➤ Is the voucher price the same as the current gas price at the pump?Almost the same. Our voucher price could be a few cents higher than the current price at the pump. This nominal fee allows us to hedge the risk of the fluctuating gas market and guarantee a fixed price for our customers.
➤ I don’t have my receipt for my last gas purchase. What can I do?Vouchers may be redeemed without a receipt at TankWallet’s redemption price, which is normally the same as the price at the pump.
Full FAQs can be found at https://support.tankwallet.com/hc/en-us
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