Best Gas Credit Cards – December 2022

What are the best credit cards for gas purchases? Here’s where you’ll get the best rewards & rebates:

Citi Custom Cash℠ CardWhy It’s Best: One of our very favorite no-annual-fee credit cards on the market, because it lets you earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent. Because the categories eligible for the 5% rebate include gas stations, all you have to do is make sure you spend more at gas stations than in any other category to earn 5% back on those gas purchases. Note that purchases beyond $500 per billing cycle in your top eligible spend category, as well as purchases in any other category, earn 1% cash back.  NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn $200 cash back after you spend $1500 on purchases in the first 6 months of account opening.

 

Blue Cash Everyday® Card from American ExpressWhy It’s Good For Gas: This no-annual fee card lets you earn 3% cash back on gas at U.S. gas stations on up to $6,000 per year in purchases (then 1%), PLUS 3% cash back on groceries at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), PLUS 3% cash back on U.S. online retail purchases on up to $6,000 per year in purchases (then 1%), and 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn up to $250: Earn up to $150 back when you shop with PayPal — You’ll Earn 20% back as a statement credit on purchases when you use your new card to check out with PayPal at merchants in the first 6 months of Card Membership. PLUS earn $100 back as a statement credit after you spend $2,000 in purchases on your new Card in the first 6 months of Card Membership. See Rates & Fees. Terms Apply. American Express is a ProudMoney advertiser.


Blue Cash Preferred® Card from American Express – Why It’s Good For Gas: Earn 3% cash back on gas at U.S. gas stations, PLUS 6% cash back on groceries at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), PLUS 6% cash back on select U.S. streaming subscriptions, PLUS 3% cash back on transit purchases, and 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Annual fee: $0 intro annual fee for the first year, then $95. See Rates & Fees. Terms Apply. American Express is a ProudMoney advertiser.

 

Costco Anywhere Visa® Card by CitiWhy It’s Good For Gas: Costco members who use Costco’s very own credit card earn 4% cash back on eligible gas worldwide, including gas at Costco, and EV charging purchases for the first $7,000 per year (1% on gas purchases beyond $7000/year), PLUS 3% cash back on restaurant purchases worldwide, PLUS 3% cash back on eligible travel purchases worldwide, PLUS 2% cash back on all other purchases from Costco and Costco.com, and then 1% on any other purchases. If you’re already paying to be a Costco member, it’s a no-brainer to get the Costco credit card. (There’s no annual fee for the card itself, and it’s only available to Costco members.)

 

Chase Freedom Flex℠ – This is NOT strictly a gas credit card by any means, but it is worth mentioning because for at least one calendar quarter (three months) of each year in the recent past, this card has offered 5% cash back on gas station purchases (excluding big box stores that sell gas, like Walmart and other warehouse clubs) as part of its rotating calendar of 5% reward offerings. (We can’t say for sure that gas stations will continue to be a 5% category, though.) How The 5% Calendar Works: You earn 5% on up to $1,500 in combined purchases in bonus categories each quarter you activate. In addition, you’ll earn 5% on travel purchased through Chase Ultimate Rewards, PLUS 3% on dining at restaurants, including takeout and eligible delivery services, PLUS 3% on drugstore purchases, 1% on all other purchases. NEW CARDHOLDER BONUS OPPORTUNITY: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

 

Citi Premier® CardWhy It’s Good For Gas: 3X/3% cash back at gas stations but also 3% back on a ton of other purchases PLUS a huge bonus opportunity! Earn: 3X/3% cash back at gas stations, PLUS 3X restaurants PLUS 3X supermarkets PLUS 3X air travel and hotels, and 1% on any other purchases. NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn 80,000 bonus points after spending $4,000 in purchases within the first 3 months of account opening. Annual fee: $95.


Author: Adam Jusko


Leave a Comment