Wiser pay­ment op­tions can save hol­i­day travel costs

When it comes to pay­ing for fuel, your choices are now wider than ever, and chang­ing how you pay for petrol may save you money when you fill up. An­gelique Ardé re­ports

Weekend Argus (Saturday Edition) - - GOODDRINKING -

In light of the re­cent hikes in the petrol price, is it pos­si­ble to off­set this cost – or at least some of it – by be­com­ing a more savvy petrol shop­per?

In ad­di­tion to cash, petrol cards, debit cards and cheque cards, in­creas­ingly petrol sta­tions now also ac­cept credit cards. Which­ever method you use to pay for petrol, it’s cost­ing you – be it card fees, trans­ac­tion fees and/or in­ter­est.

So what is the most cost-ef­fec­tive way to pay for petrol? As al­ways, it de­pends on your cir­cum­stances: the type of ac­count you have and your bank­ing habits.

As of Novem­ber 2, the most re­cent in­crease, petrol costs you an additional 23 cents a litre and diesel an ex­tra 36 cents a litre. As­sum­ing your tank takes 45 litres of petrol, it now costs you about R477, or R10.35 more, to fill up in­land. Ninety-three oc­tane costs R10.60 a litre in­land and 95 oc­tane petrol sells for R10.47 a litre at the coast. The whole­sale price of diesel with a sul­phur con­tent of 0.05 per­cent is R9.81 at the coast and R10.01 in­land, but the re­tail price of diesel varies among fill­ing sta­tions.

The ad­van­tages and dis­ad­van­tages of the var­i­ous ways of pay­ing for petrol are dis­cussed on this page.

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