Are you tired of spending too much on gas? Look no further! In this guide, we will explore the best gas credit cards that can help you maximize your savings and lower the cost of your trips to the gas pump. Whether you have a long commute, drive a vehicle with low MPG, or play the role of a family taxi, a gas credit card can be a game-changer for you.
Best Credit Cards for Gas Compared 2024
Let’s dive into the details of some of the best-rated gas credit cards in January 2024. These cards offer a range of benefits, including cash back on gas purchases and discounts per gallon of gas.
-
Chase Freedom Unlimited®
If you’re looking for cash back on gas purchases, the Chase Freedom Unlimited® card is your best bet. With a welcome offer and a rewards rate that increases based on your spending in the first year, this card has a lot to offer. You can earn up to 6.5% cash back on travel, 4.5% cash back on drugstore and restaurant purchases, and 3% on all other purchases. Plus, the card comes with an introductory APR and no annual fees. Personal Finances Blog
-
Capital One QuicksilverOne Cash Rewards Credit Card
If you have fair credit, the Capital One QuicksilverOne Cash Rewards Credit Card is worth considering. With a flat 1.5% cash back on all purchases, including gas, this card allows you to earn rewards while building your credit. The card also provides access to CreditWise, a helpful tool for monitoring your credit health. Personal Finances Blog
-
Blue Cash Everyday® Card from American Express
For families who spend a lot on gas and groceries, the Blue Cash Everyday® Card from American Express is a great choice. With 3% cash back on both categories, this card offers an attractive rewards rate. The card has no annual fees, giving you peace of mind when it comes to additional costs. Personal Finances Blog
-
Citi Premier® Card
If you’re looking for overall rewards, the Citi Premier® Card is a solid option. With 3% cash back on gas purchases converted into ThankYou Points, this card offers a wide range of redemption options. You can use your points for online shopping, gift cards, or even travel expenses. The card has a welcome offer and no annual fees. Personal Finances Blog
-
Costco Anywhere Visa® Card by Citi
If you’re a Costco member, the Costco Anywhere Visa® Card by Citi is perfect for you. With 4% cash back on gas purchases, this card helps you save even more as a Costco member. The card also offers cash back on travel, dining, Costco purchases, and other qualifying purchases. There’s an annual fee, but it’s worth it if you’re a frequent Costco shopper. Personal Finances Blog
-
BPme Rewards Visa®
For discounted gas, the BPme Rewards Visa® card is a top choice. With 15 cents per gallon off at BP and Amoco gas stations, this card helps you significantly lower your gas expenses. Plus, you’ll earn additional cash back on non-fuel purchases at BP or Amoco stations. The card also comes with a special sign-up offer and flexible rewards redemption options. Personal Finances Blog
-
PenFed Platinum Rewards Visa Signature® Card
If you prefer a gas credit card with no annual fees, the PenFed Platinum Rewards Visa Signature® Card is a great option. With 5x points earned on gas purchases or EV charging stations, this card offers generous rewards for gas spenders. You can redeem your points for various benefits, including gift cards, travel, shopping, experiences, and even charitable donations. Personal Finances Blog
Our Methodology
At Personal Finances Blog, we conducted thorough research to compile this list of the best gas credit cards. We considered factors such as annual fees, APR, cash back or rewards rates, and introductory offers. Our aim was to provide a diverse range of options to cater to different customer needs.
How to Select the Best Gas Credit Card for You
When choosing a gas credit card, there are a few important factors to consider:
- Annual fees: Some cards have no annual fees, while others may require a small fee.
- APR: Your credit score can affect the APR you receive, so it’s crucial to consider this factor.
- Cash back or rewards: Look for cards that offer cash back or rewards specifically for gas purchases.
- Introductory offers: Take advantage of any special offers available, such as cash back for making a certain number of purchases within a specific time frame.
Alternatives to Gas Credit Cards
If you’re not interested in getting a gas credit card, there are alternative options to save money on gas:
- Gas station loyalty cards: Many gas stations offer loyalty programs that allow you to earn points for future gas purchases.
- Grocery store loyalty cards: Some grocery store loyalty programs offer discounts on gas when you accumulate points from grocery purchases.
TIME Stamp: The Best Gas Credit Cards Help You Save on More Than Just Gas
By choosing one of these gas credit cards, you can enjoy cash back and other rewards for everyday purchases. Consider factors like annual fees, APR, introductory offers, and rewards when selecting the best card for your needs. Save money on gas and more with these credit cards!
Frequently Asked Questions (FAQs)
How do gas credit cards work?
Gas credit cards work like traditional credit cards but offer benefits tailored for those who spend a significant amount on gas. You can earn cash back or points on gas purchases, which can be redeemed for various rewards.
What are the different types of gas credit cards?
There are two main types of gas credit cards: loyalty cards and general-purpose cards. Loyalty cards are specific to gas stations and offer rewards or discounts for purchasing gas. General-purpose cards can be used anywhere and offer cash back or rewards for gas purchases, along with other benefits.
What are alternative credit cards that earn points on gas?
Many credit cards offer cash back or points on gas purchases. Check the terms and conditions of your credit card to see if you can earn rewards on gas.
What are fleet gas cards?
Fleet gas cards are designed for business use and are used to manage expenses related to company vehicles. These cards provide benefits such as discounts on gas and maintenance.
Remember, choosing the right gas credit card can help you save on gas expenses and earn rewards for your everyday purchases. So, pick the card that suits your needs and start saving today!
Note: The information provided in this article is for educational purposes only. Please consult with a financial advisor or conduct your own research before making any financial decisions.