Paying up at the pump fuels a lot of our travel, from vacation road-trips and business travel to the everyday commute. So we decided to see what the people have to say about how gas prices affect where they go and how they get there.
WalletHub performed a nationally representative online survey, asking about everything from whether people consider the price of gas when making travel plans to how they decide where to fill up. You can find the complete results in the infographic below.
Ask the Experts
- What would you say is the significance of this finding from WalletHub’s survey: 11 times more people want gas rewards from their credit card than rewards for Uber/Lyft rides?
- 33% of people believe credit card applicants should have to pass a test before becoming eligible to get a card (like with a driver’s license). Is that a good idea?
- What does it tell you that 62% of people say they would get a gas rewards credit card if it would save them at least $30 per month at the pump?
- Although just 39% of people know that credit cards give insurance coverage for travel delays, 47% of people say that they would file a claim with their credit card company if their flight was delayed by at least 3 hours (and they knew coverage was available). Similarly, 34% of people know about credit card price protection, but 28% say they would file a claim for a price drop of $10. So, why don’t more people look into the availability of such secondary credit card benefits?
Ask the Experts
- Aner Sela
Ph.D., John I. Williams, Jr. Professor, Associate Professor, Graduate Coordinator, PhD – Marketing, University of Florida, Warrington College of Business
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- Ethan Pew
Ph.D. – Lecturer in Strategic Communications, Columbia University
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- Jennifer Siemens
Ph.D. – Associate Professor of Marketing, Clemson University, College of Business and Behavioral Science
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- Arthur Allaway
Ph.D. – James and Doris Nelems Professor of Marketing, University of Alabama
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- Charlotte A. Allen
Ph.D. – Professor of Marketing, Stephen F. Austin State University
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- Jingyun (Kay) Zhang
Ph.D., Assistant Professor of Marketing, College of Business Administration, Ohio Northern University
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More Experts
Full Details
| Do you consider the price of gas when making summer travel plans? | |
|---|---|
| Yes | 52% |
| No | 48% |
| If you got to earn rewards on only one of the following types of purchases, what would it be? | |
| Gas | 63% |
| Airfare | 14% |
| Hotels | 10% |
| Uber/Lyft/Taxi | 6% |
| Cruise | 4% |
| Train/subway | 3% |
| Should people have to take a test to get a credit card (like a driver’s license)? | |
| No | 67% |
| Yes | 33% |
| How do you choose where you’ll get gas? | |
| Price | 51% |
| Location/convenience | 36% |
| Brand | 11% |
| Food availability | 2% |
| Do gas stations put too large of a "hold" on credit cards and debit cards? | |
| No | 54% |
| Yes | 46% |
| How much would you need to save at the pump to get a gas credit card? | |
| $30 per month | 35% |
| $15 per month | 27% |
| $50 per month | 25% |
| $75+ per month | 13% |
Note: Percentages may not total 100% due to rounding.