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Best Gas Rewards Cards

Best Gas Rewards Cards

*Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Apr 09, 2018, but some terms and conditions may have changed or are no longer available. For the most accurate and up to date information please consult the terms and conditions found on the issuer website.

You’ve decided to find a credit card that focuses on rewards for gas purchases. Now might be a good time to do this, considering that national average prices for regular gas have risen from $2.38 a year ago to $2.66 now, according to AAA.

A credit card that offers gas rewards can help you offset the continuing rise in fuel prices. And it can be an even better option if you get rewards for spending in other categories. Below is a review of five cards you may want to consider when deciding which gas rewards credit card would be best for you.

Methodology: We ranked the cards based on carrying the highest potential for cash back at the pump. We gave a bonus to cards that had additional rewards potential.

Some of the best cards on this list aren’t gas-exclusive, which means you may have potential to rack up additional card rewards just about any time you shop.

#1 Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer

Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer

 

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3.8/5.0 from 509 Offer Ratings
Over the Past 60 Days!

  • 0% Introductory APR on purchases for 12 billing cycles

  • 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days

  • 14.99% - 24.99% Variable APR on purchases and balance transfers

Highlights
  • No annual fee 
  • NEW OFFER: $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening 
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter 
  • No changing categories and no expiration on rewards 
  • 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 14.99% - 24.99% Variable APR. 3% fee (min $10) applies to balance transfers 
  • Get 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 to 25% - 75% 
  • Easily add your Mastercard® credit card to any digital wallet for a simple, secure, and convenient way to pay online, in-app, and in-store

See additional details for Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer

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This card offers 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter, which is pretty good in the gas category. New cardmembers get a $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening, which is a good start. All this comes with a $0 annual fee. The good news with this card is that you don’t have to sign up every quarter in different spending categories to get your cash back.

This card was bumped to number one on our list because of this extra perk: If you’re already a Bank of America® banking customer, you get a 10% customer bonus when you redeem your cash back into a checking or savings account. And that bonus jumps to between 25% and 75% if you’re a Preferred Rewards client.

Fine print: The 3% cash back you get for gas and the 2% at grocery stores and wholesale clubs is capped at $2,500 total each quarter. The card charges a 3% foreign transaction fee and you need excellent credit to get it. There’s no website where you can use your rewards, although you can apply them as a credit to your account when you redeem your cash back.

#2 Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

 

Rated 3.8/5 stars by our editorial team

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3.1/5.0 from 33 Offer Ratings
Over the Past 60 Days!

  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.*

  • 6% at U.S. supermarkets on up to $6,000 per year in purchases*

  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases*

Highlights
  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.74% to 25.74%.
  • Over 1.5 million more places in the U.S. started accepting American Express® Cards in 2017.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • $95 annual fee.
  • Terms Apply.
  • See Rates & Fees

See additional details for Blue Cash Preferred® Card from American Express

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This card offers you 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). 3% cash back at U.S. gas stations and at select U.S. department stores. 1% cash back on other purchases., which is a pretty good deal for those who use the card for gas and groceries. New cardmembers start off with a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. It does charge a $95 annual fee, so you would need to spend $3,200 a year in gas alone to cover it.

You get a lot of flexibility when it comes to using the Membership Rewards points you accumulate on this card. Your points can be transferred to 16 airline or three hotel loyalty programs, they can be used to pay for all or part of your flight, prepaid hotel, vacation package or cruise booking at AmexTravel.com, or for gift cards from more than 100 brands. You can also use your points to buy merchandise, pay all or part of your card bill or donate them to charity.

Fine print: You need Excellent/Good credit to get this card. The $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. might be a bit high for some. You must spend $1,000 in three months to get the $200 credit with the new member bonus. There is no first-year waiver of the card’s $95 annual fee. And if you travel out of the country, you’ll pay a 2.7% of each transaction after conversion to US dollars. foreign exchange fee of each transaction after conversion to US dollars.

#3 Discover it® Cash Back

Discover it® Cash Back

 

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3.7/5.0 from 323 Offer Ratings
Over the Past 60 Days!

  • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically*

  • Earn 5% cash back at different places each quarter up to the quarterly maximum, when you activate*

  • Any amount, any time. Cash back rewards never expire*

Highlights
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched. 
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. 
  • Plus, earn unlimited 1% cash back on all other purchases - automatically. 
  • Redeem cash back any amount, any time. Rewards never expire. 
  • Use your rewards at Amazon.com checkout. 
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up. 
  • No annual fee.
  • See Rates & Fees

See additional details for Discover it® Cash Back

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This card offers a generous 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. 1% unlimited cash back automatically on all other purchases. This year’s categories are: Q1 stand-alone gas stations and wholesale clubs; Q2 stand-alone grocery stores; Q3 restaurants; and Q4 Amazon.com and wholesale clubs.

While this card doesn’t specifically target gas, Discover will automatically match all the cash back you earn at the end of your first year.* So if you earned $600 in your first year as a Discover it® Cash Back cardholder, that will be matched, for a total of $1,200.

The card has a $0 annual fee and if you travel outside the country, there’s no foreign transaction fee. You can redeem your cashback bonus balance any time, and it never expires as long as it’s used within 18 months. You can also use your cash back to pay for items on Amazon.com.

Fine print: You only earn 1% cash back for gas spending, which is lower than other cards and you must register for the categories every quarter in order to get 5% cash back. The double cashback offer only covers your first year of spending. You can only earn 5% cash on up to $1,500 in purchases each quarter. And you need Excellent/Good Credit credit to get it.

Honorable mentions

The benefits on these three cards weren’t quite as robust as our top three, but we felt there was enough there to present them as alternatives.

Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi

 

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4.3/5.0 from 35 Offer Ratings
Over the Past 60 Days!

  • 4% on gas, 3% on restaurants & travel, 2% at Costco, 1% everywhere else

  • 0% fee for transactions while traveling abroad

  • $0 annual fee

Highlights
  • Exclusively for Costco Members: Go Big with Cash Back Rewards
  • 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter
  • 3% cash back on restaurants and eligible travel purchases
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases

See additional details for Costco Anywhere Visa® Card by Citi

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While the card doesn’t have a sign up bonus, it does offer 4% cash back on eligible gas for the first $7,000 per year and then 1% thereafter, 3% on restaurants & travel, 2% at Costco & Costco.com, 1% on all other purchases. There’s a $0 annual fee, but you do need to pay $60 a year for a Costco basic Gold Star membership before you can apply for this card. Costco gas tends to be cheaper than local gas stations, so your 4% cash back goes even further, plus it’s among the best offers for gas credit cards.

Fine print: You must be at least a Gold Star level Costco member before you can apply for this card. You only get 4% cash back on eligible gas on the first $7,000 you spend, then it drops to 1%. If you do any international travel, you will pay a 0% foreign transaction fee. You need excellent credit to get this card. Finally, your cashback rewards are only distributed once a year, in the form of a reward certificate, after your February billing statement closes. You have until Dec. 31 to use the certificate in a single transaction, either for merchandise or cash back.

Citi ThankYou® Premier Card

Citi ThankYou® Premier Card

 

Rated 4.5/5 stars by our editorial team

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3.9/5.0 from 174 Offer Ratings
Over the Past 60 Days!

  • Earn 3X Points on Travel, Including Gas Stations, Earn 2X Points on Dining Out & Entertainment, Earn 1X Points on All Other Purchases

  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

  • No Foreign Transaction Fees*

Highlights
  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3X Points on Travel, Including Gas Stations
  • Earn 2X Points on Dining Out & Entertainment
  • Earn 1X Points on All Other Purchases
  • 60,000 Points are redeemable for $750 in airfare on any airline, anytime with no blackout dates when booked through the ThankYou® Travel Center, or $600 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • Points Transfer allows you to transfer points to participating airline loyalty programs
  • No Foreign Transaction Fees on purchases*

See additional details for Citi ThankYou® Premier Card

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This card was included because it lets you Earn 3X Points on Travel, Including Gas Stations, Earn 2X Points on Dining Out & Entertainment, Earn 1X Points on All Other Purchases — with a $95, waived for first 12 months* annual fee. The three points per $1 spent includes gas and travel, and you get two points per $1 spent on dining out and entertainment. These are good rates for those who spend regularly in these popular categories. This card brings you in where you Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening.

Once you’re approved for the card and spend the required amount within three months, those points can be redeemed for $625 — a 25% bonus — in airfare on any airline with no blackout dates when you book through the ThankYou® Travel Center. It can also be used for $500 in gift cards redeemed from the ThankYou® Rewards collection.

Fine print: You need to decide if the spending required to Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening is a good trade-off for the points you get in return. The $95, waived for first 12 months* annual fee kicks in after the first year.

Uber Visa Debit Card from GoBank

We decided to include this new product even though it’s a debit card that’s only available to Uber drivers and delivery partners. You get 3% cash back at Exxon and Mobil, and 1.5% cash back on gas at all other stations, which is incredible for a debit card. You get 2% cash back at Walmart and Walmart.com, and a 15% discount on select services at Jiffy Lube.

You also get 10% cash back on purchases at Advance Auto Parts and participating Carquest locations at a maximum of $100 per month, up to $1,000 total spending per month.

The Uber Visa Debit Card from GoBank is attached to an FDIC-insured checking account that allows Uber drivers to instantly transfer their earnings into their account. You can either get a GoBank starter kit at participating Walmart stores for $2.95, sign up online or download a free app on your iOS or Android device.

The debit card has no minimum balance requirements, no overdraft charges and no setup, annual or monthly fees. There are no credit checks for this debit card, but ID verification is required. You can make cash deposits to your account for free at Walmart.

Fine print: You must be an Uber driver or delivery partner and open a checking account in order to get the debit card.  The Uber Visa Debit Card from GoBank charges 3% for purchases from foreign websites and merchants, where permitted. If you choose to deposit cash at 7-Eleven, Duane Reade, CVS, Walgreens or other participating stores, it will cost you up to $4.95. And this debit card doesn’t come with the same bonuses and perks that you expect with credit cards.

Bottom line

If you’re focused on getting a credit card with good gas rewards, these are among your best options. For Uber drivers or delivery partners who don’t want or can’t get a credit card, the Uber Visa Debit Card from GoBank, with its generous gas and other cash back categories, is a strong alternative.

For the two of the cards with sign-on bonuses — Blue Cash Preferred® Card from American Express and Citi ThankYou® Premier Card — you have to decide if the spending required to get the bonus is worth it to you. You also need to see if your spending can cover the costs of the three cards with annual fees — Blue Cash Preferred® Card from American Express, Costco Anywhere Visa® Card by Citi and Citi ThankYou® Premier Card.

While most of these cards have generous points for gas purchases, there are limits on how much you can earn. And some cards do charge a foreign transaction fee.

You may also be interested in our top picks for cards with travel insurance, as well as the cards that are best for car rentals.


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