What if you could earn points or cash back—or double the regular rewards—just for putting gas in your tank every week? It’s possible with these gas rewards credit cards. Find out how to put these credit cards to work in your personal financial life and get the scoop on some great options for your wallet.
Note: There’s no such thing as the best gas credit card. That’s because every person’s financial needs are different. How you use and manage your card can make one option better for you than it is for someone else.
Discover some options that Credit.com believes could be a great gas rewards credit card for you, and then make your own decision about which one to apply for.
A Quick Look at Gas Rewards Cards
- Blue Cash Preferred from American Express: Earn 3% cash back when spending at gas stations plus 6% back on select streaming service payments and 6% on the first $6,000 you spend at grocery stores each year. This card is packed with other perks, including introductory low-APR offers.
- American Express Cash Magnet Card: Earn 1.5% cash back on all purchases plus a $150 statement credit when you spend $1,000 in the first three months. This card also comes with a generous introductory APR offer.
Gas Rewards Credit Card vs Gas Station-Specific Card
This list doesn’t include gas station-specific credit cards. Those are cards issued by gas stations that you can use for purchases at those chains of stores but typically can’t use elsewhere. Gas cards often let you rack up loyalty points with the individual store brands. For example, the Valero card lets you earn rebates on gas, and the Exxon Mobil card offers an automatic gas rebate for cardholders. The Sam’s Club Mastercard and Costco Anywhere Visa also offer lucrative deals for gas purchased at their wholesale locations.
The major downside for these types of gas cards is that you can’t use them elsewhere. Unless you want to limit use—such as if you want employees to only be able to use cards for gas—you might want to consider a gas rewards credit card instead. The cards on this list are regular cards you can use anywhere, but they come with some extra perks when you spend on gas.
Credit Cards with Gas Rewards 2020
Blue Cash Preferred® Card from American Express
- Earn a $250 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%).
- 6% Cash Back on select U.S. streaming subscriptions.
- 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). 1% Cash Back on other purchases.
- Don't wait for your Card in the mail. Start earning cash back before your card even arrives, if eligible for Instant Card Number.
- Low intro APR: 0% for 12 months on purchases and balance transfers from the date of account opening, then a variable rate, currently 12.99% to 23.99%
- Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
- $95 annual fee.
- Terms Apply.
Card Details +
Benefits: Another all-around good credit card for gas and other purchases, the Blue Cash Preferred card lets you earn cash back on nearly every purchase. This is great for gas guzzlers because you get 3% cash back on spending at gas stations. Plus, the first $6,000 spent at grocery stores annually nets you a whopping 6% cash back! You can currently earn a $250 statement credit by spending $1,000 in the first three months.
Other perks of this card include an introductory APR of 0% for 12 months on purchases and 0% for 12 months on balance transfers (the ongoing APR for both is 12.99%-23.99% Variable). You can also earn 6% cash back on select streaming service payments and 3% cash back when you use your card to pay for rideshares, parking and certain other transportation-related costs.
Disadvantages: You need good or excellent credit to be approved, and the card comes with a $95 annual fee.
American Express Cash Magnet® Card
- Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
- Unlimited 1.5% Cash Back on your purchases.
- Cash Back is received in the form of Reward Dollars that can be redeemed for statement credits.
- Low intro APR: 0% for 15 months on purchases and balance transfers from the date of account opening, then a variable rate, currently 12.99% to 23.99%.
- 0% introductory plan fee on each purchase moved into a plan during the first 15 months from the date of account opening with Plan It®, a feature that lets you split up big purchases into monthly payments with a fixed fee. After that, your plan fee will be up to 1.17% of each purchase moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase.
- Don't wait for your Card in the mail. Start earning cash back before your Card even arrives, if eligible for Instant Card Number.
- No Annual Fee.
- Terms Apply.
Card Details +
Benefits: This Amex card offers 1.5% cash back on all purchases and a $150 statement credit if you spend $1,000 on qualified purchases in the first three months after opening your account. It doesn’t have an annual fee and does come with an introductory APR of 0% for 15 months on purchases and 0% for 15 months on balance transfers. The ongoing APR is 12.99%-23.99% Variable.
Disadvantages: Good or excellent credit is typically required for approval. This card also doesn’t offer specific perks for spending at gas stations.
Gas Station Cards and Your Credit Score
If you’re thinking about getting a credit card to reward your gas purchases, you’ll want to understand how gas station cards and your credit score relate.
- Do you need a good credit score to get a gas station card? You typically need at least fair credit to be approved for one of these cards. Most require good or excellent credit, and higher scores typically mean better offers and APRs. Before you apply, find out where your credit stands with the free Credit Report Card at Credit.com.
- Do gas cards help your credit? The cards on this list and any major credit card can help your credit with responsible use. Most credit cards report timely payments to the credit bureaus, which can help your score. You can also help your score by maintaining a low credit utilization, which means not running your balance up to a high percentage of your credit limit.
- Will a new gas card hurt your credit? Applying for a card can cause a hard inquiry on your credit report. That might drop your score by a few points. Limit the number of cards you apply for to keep the hit to your score minimal. Once you’re approved for a card, manage it responsibly and make timely payments to avoid negative marks on your credit report, which can significantly drop your score.
Editorial Disclosure: Reviews are as determined solely by Credit.com staff. Opinions expressed here are solely those of the reviewers and aren’t reviewed or approved by any advertiser. Information presented is accurate as of the date of the review, including information on card rates, rewards and fees. Check the issuer’s website for the most current information on each card listed.
Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly