What are the best credit cards for gas purchases? Here’s where you’ll get the best rewards & rebates:
Blue Cash Everyday® Card from American Express – Why 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 a $200 statement credit after you spend $2000 in purchases on your new Card within the first 6 months. See Rates & Fees. Terms Apply. American Express is a ProudMoney advertiser.
Citi Custom Cash℠ Card – Why 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 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 Citi – Why 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.)
Citi Premier® Card – Why 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 60,000 bonus points after spending $4,000 in purchases within the first 3 months of account opening. Annual fee: $95.
Author: Adam Jusko