Are you thinking of getting a BP, Shell or Chevron credit card just so you can save on fuel purchases? Hold that off. While brand-specific cards give you rebates when you use their pump, I strongly recommend that you get gas credit cards that do not limit your fuel purchase to a certain petrol company; and not only give you rewards when you buy fuel, but also give you rebates when you use your card for other everyday purchases.
When looking through our best rated gas credit cards in the US, you will see that many do not charge an annual fee, and some offer 0% introductory APR on purchases and balance transfers as well.
Many gas credit cards offer a 2-5% rebate at gas stations and 1% back on other purchases, thus reducing the cost of your fuel. Gas rebates are usually given out in the form of an account credit, check or gift card. Keep in mind that with some card issuers, you need to request for your rebate in advance, and that some cards impose a cap on the amount of rebates you can get in a year.
Below are our 6 best rated gas credit cards in the US offering gas rebates so that you can find the card that best matches your preferences.
BankAmericard Cash Rewards™ Credit Card
Citi® Double Cash Card
Blue Cash Preferred® Card from American Express, a GET.com advertiser
Blue Cash Everyday® Card from American Express, a GET.com advertiser
U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card
Chase Freedom® lets you earn 5% (total) cash back for up to $1,500 worth of combined purchases that you make in bonus categories each quarter. Bonus categories change every 3 months and include things like gas stations, Amazon.com and restaurants and you can earn it by activating your bonus each quarter (it's easy). From July 1 - September 30, 2015, you can earn 5% cash back on up to $1,500 combined purchases at gas stations and Kohl's®, and You earn unlimited 1% cash back on every other purchase you make, so you can still earn cash back on gas all year round. This card also comes with a bonus offer which lets you earn a $100 bonus after spending $500 on purchases within your first 3 months after account opening. You can earn a $25 bonus after adding your first authorized user and making just 1 purchase within this same first 3 month period. This cash back credit card has no annual fee.
Read our Chase Freedom® review here.
BankAmericard Cash Rewards™ Credit Card. With this no annual fee card you will get a $100 online cash rewards bonus if you make at least $500 in purchases in the first 90 days. As for cash rewards, you will earn 2% cash back at grocery stores and 3% cash back on gas on the first $1,500 you spend in combined grocery store and gas purchases each quarter. For all other purchases, you will earn 1% cash back. Unlike many other credit cards, you don't have to enroll in any rewards program to earn your cash back and there are no changing categories. Your cash back doesn't expire, and you can choose to redeem it in the form of a statement credit, check, or directly into a Bank of America® checking or savings account. You can benefit from a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account. If you're a Preferred Rewards client you can increase that bonus amount to 25%-75%. You will also enjoy 0% introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days. After that, the variable APR for purchases and balance transfers is 12.99%-22.99%. Balance transfer fees equal 3% of each transaction (minimum $10). See terms and conditions for balance transfer fees and for fees that apply to other transaction types. See Terms.
Read our review of BankAmericard Cash Rewards™ credit card.
Citi® Double Cash Card lets you earn cash back twice. Earn 1% cash back on all your eligible purchases, and 1% additional cash back when you pay off your card balance. You can earn cash back twice on all eligible purchases, including gas, just by using this card to pay and then paying at least the minimum required payment when paying off your balance. Cash back is unlimited and you can earn it without enrolling in a program. 0% intro APR on purchases and balance transfers for 15 months, then 12.99% - 22.99% variable APR on purchases and balance transfers, depending on your creditworthiness. No annual fee.
Read our review of the Citi® Double Cash Card here.
Blue Cash Preferred® Card from American Express, a GET.com advertiser, lets you earn 3% cash back on purchases you make at U.S. gas stations and select U.S. department stores. You earn 6% cash back on the first $6,000 you spend on purchases at U.S. supermarkets every year, and 1% cash back for your other purchases. The ongoing cash back you earn is received in the form of Reward Dollars that you can redeem for a statement credit. This card gives you $150 back as statement credit after you make $1,000 in purchases with your new Card within the first 3 months after account opening. You get a 0% intro APR on purchases and balance transfers for 15 months, with 12.99% - 21.99% variable APR after that, based on your creditworthiness and other factors. Terms and limitations apply. $75 annual fee.
Read our Blue Cash Preferred® Card from American Express review here.
Blue Cash Everyday® Card from American Express, a GET.com advertiser, lets you earn 2% cash back on purchases from US gas stations and select US department stores. This card has no annual fee and also lets you earn 3% cash back on up to $6,000 spent annually on purchases at US supermarkets (1% after hitting that cap) and 1% cash back on other purchases. No rotating or changing categories, so you probably won’t have much difficulty figuring out how much you can save on gas. This rewarding card has 0% intro APR on purchases and balance transfers for 15 months, then a 12.99% - 21.99% variable APR depending on creditworthiness and other factors. This card has a signing bonus that lets you get $100 back (as a statement credit) after you spend at least $1,000 in purchases within the 3 first months of card membership. No annual fee. Terms and limitations apply.
Read our review of Blue Cash Everyday® Card from American Express here.
U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card is a very flexible card that gives you 2 Flexpoints for every dollar you spend on either gas, groceries or airline purchases, whichever you spend most on each month, as well as on most cell phone expenses each billing cycle. So if you spend a lot of money on gas each month, this might be the ideal deal for you. You will also earn 3 Flexpoints for every dollar you donate to charity, and 1 Flexpoint for each dollar you spend on the rest of your eligible net purchases. Receive 20,000 bonus Flexpoints when you spend $3,500 within the first 4 months. $0 annual fee for the first year, then $55 annual fee thereafter.
Read our review of U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card.
Click here to see our full selection of Gas Credit Cards.
What Is A Gas Credit Card?
If there is one thing that almost everybody spends money on, its gas. Unless you are the type who doesn’t mind taking a 5 hour coffee break while your electric car charges, you will need gas if you want to get anywhere by car.
A gas credit card let’s you earn rewards like points or cash back when you fill up your tank. Some gas cards reward you for all purchases that you make at gas stations, and some only let you earn rewards when you pay at the pump. Depending on your spending habits, you may get better value out of one or the other.
If you make a lot of extra purchases at gas stations (food, drinks, convenience purchases), then you will probably earn more by using a card that rewards you for all gas station purchases. If most of your spending at gas stations is for gas, then a card that rewards you when you pay at the pump might work just as well.
For example, Blue Cash Preferred® Card from American Express, a GET.com advertiser, lets you earn 3% cash back at US gas stations, but only on eligible purchases of gasoline. Terms & limitations apply.
How Much Can I Save On Gas?
Some gas credit cards put limits on the amount of cash back or points you can earn each month, quarter or year. Other cards let you earn unlimited rewards on gas purchases.
For example, Discover it® chrome - New! Double Cash Back your first year lets you earn 2% cash back at gas stations (and restaurants), but it has a spending cap of up to $1,000 in combined purchases at restaurants and gas stations every quarter. You'll earn 1% cash back on all your other purchases.
What Credit Do I Need To Apply For A Gas Card?
You can apply for certain gas credit cards even if you have bad credit or no credit. Credit One Bank® Credit Card with Gas Rewards lets you earn unlimited 1% cash back gas rewards and you can get it even if you have bad credit.
However, if you have excellent credit, you can get much more rewarding gas credit cards like BankAmericard Cash Rewards™ credit card which lets you earn 2% cash back at grocery stores and 3% cash back on gas on the first $1,500 you spend in combined grocery store and gas purchases each quarter.
Are There Other Credit Cards For Gas Savings?
If you don’t want to be limited to earning rewards in set categories, you could use a more general credit card to save on gas.
Citi® Double Cash Card lets you earn cash back twice on every purchase. You earn 1% cash back when you buy and another 1% cash back as you pay off those purchases, whether you pay in full or over time (as long as you make the minimum payments). So you can earn cash back on all purchases including gas by using that card.
Another card that lets you earn cash back on all purchases is Capital One® Quicksilver® Cash Rewards Credit Card. This card lets you earn unlimited 1.5% cash back on all your purchases.
If your budget is very irregular and your expenses change month by month, then a flexible cash back card might be a better choice, compared to getting a dedicated gas credit card.
How We Rate Gas Credit Cards
Gas credit cards are rated by GET.com based on the gas rewards and other rewards you can earn (cash back, points, discounts) in relation to the annual fee. Other fees are also taken into account including the APR, grace period, penalty fees, and foreign transaction fees.
We also look at flexibility in how you earn gas rewards, where you earn gas rewards, and how you can redeem your gas rewards. Benefits like travel insurance, purchase protection and price protection are also taken into account.