When it comes to maximizing your savings at the pump, using a credit card specifically designed for gas purchases can be a smart move. These credit cards often offer rewards, cashback, or points for every dollar spent on gas, which can add up quickly and save you money over time. In this article, we’ll take a look at some of the best credit cards for gas station and groceries cash back and reward purchases.
Best Credit cards for Gas and Groceries
If you’re someone who frequently spends money on both gas and groceries, using a credit card that rewards you for those purchases can be a great way to earn cashback or rewards points. Below are some of the best credit cards for gas and groceries.
#1. Blue Cash Preferred Card from American Express
The Blue Cash Preferred Card from American Express is one of the great credit card options for those who frequently spend money on gas and groceries. It offers 6% cashback on purchases at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 3% cashback on gas purchases at U.S. gas stations, and 1% cashback on all other purchases. There is a $95 annual fee, but the cashback earned from gas and grocery purchases alone can more than makeup for it.
#2. Capital One Savor Cash Rewards Credit Card
The Capital One Savor takes the second spot on our list of best credit cards for Gas and groceries. Its Cash Rewards Credit Card offers 4% cashback on dining and entertainment purchases, 2% cashback on grocery store purchases (excluding superstores like Walmart and Target), and 1% cashback on all other purchases. Additionally, it offers a one-time $300 cash bonus after you spend $3,000 on purchases within the first 3 months from account opening. There is a $95 annual fee, but the cashback earned from gas and grocery purchases can more than make up for it.
#3. Bank of America Cash Rewards Credit Card
The Bank of America Cash Rewards Credit Card takes the third spot on our list of best credit cards for gas and groceries. It is a great option for those who want to earn cashback on gas and grocery purchases without paying an annual fee. It offers 2% cashback at grocery stores and wholesale clubs, 3% cashback on gas purchases, and 1% cashback on all other purchases. Additionally, you can choose a category to earn 3% cashback in, such as online shopping, dining, travel, drugstores, or home improvement/furnishings, on up to $2,500 in combined purchases each quarter.
#4. Discover it® Cash Back
Discover It is another option on our list of best credit cards for gas and groceries. It is offering Match Cashback with No Limits, where you can exchange $150 in cash for $300. You can earn up to the quarterly maximum when you activate and receive 5% cash back on regular purchases at various locations every quarter. Additionally, you can receive unlimited 1% cash back on all other purchases. Discover may help limit the online exposure of such information by assisting you in removing your personal information from specific people-search websites. Activate for free with the smartphone app and redeem $1 for every $1 in cash back that you earn.
#5. Chase Freedom Flex
Chase is another bank that offers one of the best credit cards for gas and groceries. The Chase Freedom Flex credit card offers 5% cashback on up to $1,500 in combined purchases in rotating bonus categories each quarter, including gas stations and grocery stores. Additionally, the card offers 5% cashback on travel purchased through Chase, 3% cashback on dining and drugstore purchases, and 1% cashback on all other purchases. There is no annual fee, making it a great option for those who want to maximize their rewards without paying extra fees.
#6. American Express Gold Card
Our list of best credit cards for gas and groceries won’t be complete without this card. The American Express Gold Card offers 4x Membership Rewards points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1x), 4x Membership Rewards points at restaurants worldwide, 3x Membership Rewards points on flights booked directly with airlines or on amextravel.com, and 1x Membership Rewards point on all other purchases. There is a $250 annual fee, but the rewards earned from gas and grocery purchases, along with the other benefits like travel credits and dining credits, can make it worth it for frequent travelers and foodies.
Best Credit Cards for Gas Reward
The key to selecting a great gas credit card is to choose one that offers good rewards for both other types of spending and gas station purchases. Heavy drivers should aim for at least 3% back on each dollar spent at the pump. Generic reward credit cards offer greater overall value and won’t be committed to any particular brand of the gas station. Electric car users should also consider getting one of the finest credit cards for electric car users. Let’s take a look at some of the best credit cards for gas rewards.
#1. Costco Anywhere Visa Card by Citi
The Costco Anywhere Visa Card by Citi is a great option for those who frequently buy gas at Costco or other gas stations. It offers 4% cashback on eligible gas purchases (up to $7,000 per year), 3% cashback on restaurant and eligible travel purchases, 2% cashback on all other purchases from Costco and Costco.com, and 1% cashback on all other purchases. There is no annual fee, but you do need to be a Costco member to apply for the card.
#2. Blue Cash Preferred Card from American Express
American Express’ Blue Cash Preferred Card is a great option for heavy spenders and family shopping. It has a 0% introductory APR on purchases and balance transfers, followed by a variable APR of 18.74 percent to 29.74 percent. However, the card’s U.S. supermarket bonus category does not apply to purchases made at wholesale clubs, superstores, and specialized shops and only qualifies for a 1 percent cash back rebate. Additionally, there is a 2.7 percent foreign transaction fee associated with this card.
#3. My GM Rewards Card™
This card is beneficial for General Motors fans who travel frequently. It offers a best-in-class rewards rate on all other purchases and up to $100 back on fuel purchases of up to $1,500 made at eligible gas stations each calendar year. It also allows you to apply points to lease payments or new or used automobile purchases and can get up to $100 back in statement credits after paying six electric bills in a year. The sign-up bonus is comparatively small, but the majority of no-annual-fee rewards cards provide a bonus of at least $200.
#4. Sam’s Club® Mastercard®
The Sam’s Club Mastercard is a gas card with other benefits, such as up to 5% cash back on purchases, 1% for other qualified purchases, and 3% for dining. There are no foreign transaction fees, and spending $30 at Sam’s Club within 30 days of creating an account receives $30 in statement credits. The 5% cash-back rate on gas purchases has a cap, and the card requires a Sam’s Club membership, which costs $45.
#5. Chase Freedom Flex
The Chase Freedom Flex credit card offers 5% cashback on up to $1,500 in combined purchases in rotating bonus categories each quarter, including gas stations. Additionally, the card offers 5% cashback on travel purchased through Chase, 3% cashback on dining and drugstore purchases, and 1% cashback on all other purchases. There is no annual fee, making it a great option for those who want to maximize their rewards without paying extra fees.
#6. Discover it Chrome Gas & Restaurants
The Discover it Chrome Gas & Restaurants credit card offers 2% cashback on up to $1,000 in combined purchases at gas stations and restaurants each quarter, as well as 1% cashback on all other purchases. Additionally, Discover matches all the cashback earned in the first year for new cardholders. There is no annual fee, making it a great option for those who want to earn rewards without paying extra fees.
#7. Wells Fargo Propel American Express Card
The Wells Fargo Propel American Express Card offers 3X points on eligible dining, gas stations, rideshares, transit, flights, hotels, homestays, and car rentals and 1X points on all other purchases. There is no annual fee, and cardholders can earn a welcome bonus of 20,000 bonus points when they spend $1,000 on purchases in the first 3 months.
Best Credit Cards for Gas Cash back
There are so many credit cards that offer cash back on gas purchases and can help you save money. Below are some of the best credit cards for gas cashback you should consider.
#1. Wells Fargo Cash Wise Visa Card
The Wells Fargo Cash Wise Visa Card offers 1.5% cashback on all purchases, including gas purchases. Additionally, cardholders can earn a $150 cash rewards bonus after spending $500 in purchases in the first 3 months of account opening. There is no annual fee, and cardholders can also take advantage of a 0% intro APR on purchases and balance transfers for 15 months.
#2. Bank of America Cash Rewards Credit Card
The Bank of America Cash Rewards Credit Card is one of the cards that offers 3% cashback on purchases at gas stations and 2% cash back on purchases at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), as well as 1% cashback on all other purchases. Additionally, cardholders can earn a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening. There is no annual fee.
#3. Chase Freedom Unlimited
The Chase Freedom Unlimited credit card offers 1.5% cashback on all purchases, including gas purchases. Additionally, cardholders can earn a $200 bonus after spending $500 in purchases in the first 3 months of account opening. There is no annual fee, and cardholders can also take advantage of a 0% intro APR on purchases for 15 months.
#4. Citi Double Cash Card
The Citi Double Cash Card offers 1% cashback on all purchases, including gas purchases, and an additional 1% cashback when you pay for those purchases. There is no annual fee, and cardholders can also take advantage of a 0% intro APR on balance transfers for 18 months (balance transfer fee applies).
#5. Discover it Cash Back
The Discover it Cash Back is one of the credit cards that offer 5% cashback on up to $1,500 in purchases in rotating bonus categories each quarter, which may include gas stations. Additionally, cardholders earn 1% cashback on all other purchases. Discover also matches all the cashback earned in the first year for new cardholders. There is no annual fee.
Best Credit Cards for Gas Stations
Using a credit card that gives rewards, particularly for gas purchases, can help you save money if you frequently spend money on gas. Let’s look at some of the credit cards that offer the best gas station rewards.
#1. Wells Fargo Autograph℠ Card
The Wells Fargo AutographSM Card offers three points for every dollar spent in bonus categories such as petrol stations and electric vehicles. For every $1 spent on restaurants, travel, public transportation, streaming services, and phone plans, one point is earned. Points can be exchanged for gift cards, travel, and cash back in the form of statement credits. Additionally, there is no annual fee to help maximize rewards.
#2. Costco Anywhere Visa Card by Citi
The Costco Anywhere Visa Card by Citi offers 4% cashback on eligible gas purchases worldwide, up to $7,000 per year (then 1% thereafter). Cardholders also earn 3% cashback on restaurant and eligible travel purchases, 2% cashback on all purchases from Costco and Costco.com, and 1% cashback on all other purchases. There is no annual fee for Costco members, but you must be a Costco member to apply.
#3. Chase Freedom Flex
The Chase Freedom Flex credit card offers 5% cashback on up to $1,500 in combined purchases in rotating bonus categories each quarter, which often includes gas stations. Additionally, cardholders earn 5% cashback on travel purchased through Chase Ultimate Rewards, 3% cashback on dining at restaurants, including takeout and eligible delivery services, and 1% cashback on all other purchases. There is no annual fee, and cardholders can also take advantage of a 0% intro APR on purchases and balance transfers for 15 months.
#4. Platinum Rewards Visa Signature® Card
The PenFed Platinum Rewards Visa Signature offers benefits where you spend the most, with 5 points per dollar spent on gas and 3 points per dollar spent on purchases at restaurants and stores. After spending $1,500 in the first three months after account opening, earn 15,000 bonus points. There is a cost for balance transfers and limited options for redemption. Regular purchases earn 5x Points, 3x Points at restaurants, stores, supermarkets, cable, satellite, and streaming services, and 1x Points on all other purchases. 12 months of 0% balance transfer promotion APR with a 3% transaction fee.
#5. Amex EveryDay® Preferred Credit Card
The Amex EveryDay® Preferred Credit Card offers a 50% bonus on the month’s point earnings when used 30 times in a month. It has a flexible rewards program with several categories for redemption, a low spending threshold to qualify for the welcome bonus, a 2.7% foreign transaction fee, a high APR penalty, and an average rewards rate of $95 for each year.
#6. Citi Rewards+ Card
The Citi Rewards+ Card offers 2x points at gas stations and supermarkets (up to $6,000 in combined purchases per year, then 1x points thereafter) and 1x points on all other purchases. Additionally, every purchase earns 10% points back for the first 100,000 points redeemed each year. There is no annual fee, and cardholders can also take advantage of a 0% intro APR on balance transfers and purchases for 15 months.
What card should I use for gas?
Choosing the right credit card for gas purchases depends on your spending habits and what type of rewards you prefer. Here are some factors to consider when deciding which card to use for gas:
- Rewards: Look for a card that offers cashback, points, or miles specifically for gas purchases. Some cards may offer higher rewards for gas purchases than others, so make sure to compare the rewards rate for each card.
- Annual fee: Some credit cards may charge an annual fee, so make sure to consider the cost of the card when deciding whether it’s worth it for your gas purchases.
- Other benefits: Some credit cards may offer additional benefits like travel insurance, extended warranty coverage, or purchase protection, so consider these perks as well when deciding which card to use.
- Credit score: Keep in mind that some credit cards may require a higher credit score to qualify, so make sure to check the card’s requirements before applying.
Based on these factors, some of the best credit cards for gas purchases include the Wells Fargo Autograph℠ Card, the Costco Anywhere Visa Card by Citi, the Chase Freedom Flex, the Blue Cash Preferred Card from American Express, the Bank of America Cash Rewards Credit Card, and the Citi Rewards+ Card. However, the best card for you may depend on your individual spending habits and preferences.
Which gas credit card is easiest?
The ease of using a gas credit card depends on various factors, such as the application process, payment options, rewards redemption, and customer service. Here are some gas credit cards that are known for being user-friendly and easy to use:
#1. Discover it Chrome Gas & Restaurant Card
This card offers 2% cashback at gas stations and restaurants on up to $1,000 in combined purchases each quarter and 1% cashback on all other purchases. There’s no annual fee, and the application process is quick and easy. You can also redeem your rewards for statement credits or cash back, and the customer service is highly rated.
#2. Bank of America Cash Rewards Credit Card
This card offers 3% cashback on gas purchases and 2% cashback at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), as well as 1% cashback on all other purchases. The application process is straightforward, and you can easily redeem your cashback for statement credits, deposits into your Bank of America account, or a check. There’s no annual fee, and the card also offers a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening.
#3. Citi Double Cash Card
This card offers 2% cashback on all purchases – 1% when you make the purchase and an additional 1% when you pay your bill. There’s no annual fee, and the card is easy to use for gas purchases as well as other purchases. You can redeem your cashback for statement credits, gift cards, or a check.
In general, credit cards with simple rewards structures, no annual fees, and easy-to-use rewards redemption options are the easiest to use. It’s also important to look for a card with a user-friendly online or mobile banking platform, as this can make managing your account and making payments easier.
Is it smart to get a credit card for gas?
Getting a credit card for gas purchases can be a smart move if you use the card responsibly and take advantage of the rewards and benefits offered by the card. Here are some reasons why getting a credit card for gas purchases can be smart:
- Rewards: Many gas credit cards offer cashback, points, or miles specifically for gas purchases. If you’re someone who spends a lot on gas, using a credit card that offers rewards for those purchases can help you save money in the long run.
- Convenience: Having a credit card specifically for gas purchases can be convenient, as it allows you to separate those expenses from other purchases and track your spending more easily.
- Protection: Many credit cards offer purchase protection, extended warranty coverage, and fraud protection, which can help you feel more secure when making purchases at gas stations or online.
However, it’s important to remember that getting a credit card also comes with risks. If you don’t use the card responsibly and carry a balance from month to month, you could end up paying high-interest charges that negate any rewards you earn. Additionally, applying for a new credit card can impact your credit score, so it’s important to consider whether it’s the right move for your overall financial situation.
In summary, getting a credit card for gas purchases can be smart if you use the card responsibly and take advantage of the rewards and benefits offered by the card. However, it’s important to weigh the pros and cons and consider your overall financial situation before applying for a new credit card.
Do credit cards work for gas?
Yes, credit cards work for gas purchases just like they do for other types of purchases. In fact, many credit cards offer rewards specifically for gas purchases, such as cashback, points, or miles. When you use a credit card to pay for gas, the transaction is processed just like any other credit card purchase. You’ll be asked to swipe or insert your card at the pump, and then you’ll be prompted to enter your PIN or sign for the purchase.
It’s important to note that some gas stations may place a temporary hold on your credit card account for a certain amount when you first swipe your card, to ensure that you have sufficient funds to cover the purchase. This hold may be for a larger amount than your actual purchase, and it may take a few days for the hold to be released and the correct amount to be charged to your account. It’s also important to check with your credit card issuer to see if there are any restrictions on using your card for gas purchases, such as limits on the number of rewards you can earn or any fees associated with using the card at certain gas stations.
Overall, credit cards are a convenient and secure way to pay for gas purchases, and they can also help you earn rewards for your gas spending.
In Conclusion
Using credit cards that offer cash back and rewards for gas and grocery purchases can be a smart way to save money and earn more. The credit cards listed above offer some of the best rewards, cashback, or points for gas and grocery purchases, making them great options for those who frequently spend money in these categories. Remember to always pay off your credit card balance in full each month to avoid interest charges and maximize your savings.
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Best Credit Cards for Gas & Groceries References
