The Valero credit card rewards consist of rebates - 4¢ per gallon if you make purchases of 50.0 gallons or more, up to 74.9 gallons and 8¢ per gallon if you make purchases of 75 gallons or more, up to 110 gallons. The rebates reset every billing cycle.
A gas rebate as offered by the Valero Credit Card implies that for every gallon of fuel purchased with your card, you will receive a discount. This, however, does not mean an automatic discount at the pump – in the moment of purchase, you still have to pay full price, and the rebate will be paid to you in the form of a credit applied against your account balance, or in the form of a yearly check mailed to the address shown on your statement.
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