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 7 best rated gas credit cards in the US offering gas rebates so that you can find the card that best matches your preferences.
Chase Freedom®BankAmericard Cash Rewards™ Credit CardCiti® Double Cash Card, a partner cardBlue Cash Preferred® Card from American Express, a GET.com advertiserBlue Cash Everyday® Card from American ExpressDiscover it® chromeChase Freedom Unlimited℠
0% Intro APR for 15 months on purchases and balance transfers
Read our Chase Freedom® review here.
0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days
13.24% - 23.24% Variable APR on purchases. 13.24% - 23.24% Variable APR on balance transfers
No annual fee
Read our review of BankAmericard Cash Rewards™ credit card.
0% intro APR on balance transfers for 18 months
13.24% - 23.24%* (Variable)
Read our review of Citi® Double Cash Card here.
0% on purchases and balance transfers for 12 months
Read our Blue Cash Preferred® Card from American Express review here.
13.24% - 23.24% Variable
Read our review of Blue Cash Everyday® Card from American Express here.
11.24% - 23.24% Variable
0% on purchases and balance transfers for 15 months
Read our review of Chase Freedom Unlimited℠ here.
Click here to see our full selection of Gas Credit Cards.
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 lets you get 3% cash back at US gas stations, but only on eligible purchases of gasoline. Terms & limitations apply.
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 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.
You can apply for certain gas credit cards even if you have bad credit or no credit. Credit One Bank® Unsecured Visa® Credit Card lets you earn unlimited 1% cash back on gas and groceries, and you can get it even if you have bad credit. But you will pay the 15.65% - 24.15% variable APR right from the posting date, so if you use this card to fill up your tank, make sure to do it just before your billing date and make your payment in full each month, or the APR will bite.
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.
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.
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.
updated May 23, 2016
Ivan Daniel is a writer at GET.com a lifestyle and personal finance website. Email: firstname.lastname@example.org.
At GET.com it's all about your saving and getting experience. There's nothing more helpful for all of us Getters than a true life experience, a tip or a trick relating to a reviewed product. Read more about comments.
Interested in movie premiers
November 03 2014 at 05:00
very good card...
January 27 2015 at 22:16
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At GET.com we compare credit cards and rate them objectively based on the credit card's features, interest rates and fees.
Cards are rated by our team based primarily on the basis of value for money to the cardholder. The GET.com team rates each card based on its annual fee, rewards, benefits, bonus, introductory APR, ongoing APR, flexibility (in how its benefits can be used and how rewards are earned and redeemed), and other card features.