Best Credit Cards For Gas Station Spending

Let’s face it, gas can get pretty expensive especially for those that commute regularly. Whether you’re making your daily destinations to work, school, etc., wouldn’t it just be so much better if we’d all get rewarded for spending money on gas? Considering that the average American will spend over $2,000 per year on gasoline purchases makes it all the more reasonable as to why it’s completely necessary to make a list of “Best Credit Cards for Gas Spending.”

Editor’s Note: A lot of gas stations out there can now charge you extra for using a credit card to pay for your gas, so it’s safe to keep an eye out prior to usage.

Fort Knox Credit Union Visa Platinum Credit Card – 5% Cash Back:

With the Fort Knox Federal Credit Union Platinum VISA Credit Card , you’ll essentially be earning 5% cash back on your gas purchases. This card has no annual fee attached as well as no limit to the amount of points that you earn. However, there is no sign-up bonus attached and no bridged cash back from the 5% on gas and 1% on everything else. What I mean by this is that there is no middle category that earns you 2-3%, so this card is really only ideal for those that spend a hefty amount on gas alone.

Fort Knox Credit Union VISA Platinum Summary:

• Apply Now
• Earning Rate: 5% on gas station purchases
• Annual Fee: $0
• Expiration Date: None
• Additional Advice: Membership eligibility is not required, however, you must apply through the non-member link.

PenFed Platinum Rewards VISA – 5% Cash Back:

You’ll earn 5% cash back on gas purchases at the pump with a PenFed Platinum Cash Rewards Visa Signature® Card. On top of that, you’ll earn 3% on supermarket spend and 1% on everything else. An overall balanced card with an annual fee of $25 (waived for the first year), however, in order to get this earning rate, you must keep a checking account with at least $250 in balances and direct deposit, money market savings or a credit product with PenFed.

PenFed Platinum Rewards Visa Signature Card Summary:

• Apply Now
• Earning Rate: 5% on gas station purchases
• Maximum Bonus: $100 Bonus Statement Credit
• Spending Requirement: Make at least $1,500 in purchases in first 3 months
• Annual Fee: $25 (waived for the first year)
• Bonus Worth: $100
• Expiration Date: None
• Additional Advice: If you’re feeling generous, fill a family member or somebody else’s gas tank and you’ll earn points and perform a kind act!

Sam’s Club Personal & Business MasterCard’s – 5% Cash Back:

The Sam’s Club MasterCard earns you 5% cash back on gas for the first $6,000 in purchases per year, then 1% on purchases after. If you already have a Sam’s Club membership, it should be worth getting you a MasterCard considering that there is no annual fee and you’ll also get 3% cash back on dining and travel expenses.

Of course, if you spend well-over $6,000 a year on gas, this card may not be worth it for you. Keep in mind that the 5% will not trigger at any other wholesale club except for Sam’s Club.

Editor’s Note: Save $45 in Statement Credit when you open a Sam’s Club MasterCard now and through 03/31/2017 and make a purchase of $100 in the same day.

Sam’s Club MasterCard Summary:

• Apply Now
• Best Feature: Earn 5% cashback on gas(on first $6,000 per year in purchases, then 1% on purchases after)
• Annual Fee: None
• Expiration Date: None
• Additional Advice: Take advantage of card features such price protection for up to 60 days and identity theft resolution services

Citi Costco Anywhere Visa Credit Card Personal & Business – 4% Cash Back:

With the Citi Costco Anywhere Visa Card, you earn 4% cash back on all Costco gas stations worldwide, for the first $7,000 per year and then 1% thereafter, 3% Cash Back on restaurant and eligible travel purchases worldwide and 1% cash back on all other purchases. Not only that, but there is no annual fee and no limits attached. Keep in mind that redeeming your points for cash will reduce your rewards worth.

Citi Costco Anywhere VISA Summary:

• Apply Now
• Spending Rate: Earn up to 4x points on gas. CAPPED.
• Annual Fee: None
• Expiration Date: None
• Additional Advice: Cash back will be provided as an annual credit card reward certificate in February billing statements, redeemable for cash or merchandise at US Costco Warehouses.

Citi Premier Card – 3% Cash Back:

Citi ThankYou® Premier Card is offering 30,000 Bonus ThankYou^® Points after you spend $3,000 in purchases within the first three months of account opening. With 30K Thank You points, you can redeem for $300 in gift cards! You also earn 3X ThankYou Points on Travel, gas is coded as travel.

This is a pretty nice credit card with the occasional generous sign-up bonus attached. You get a better value for this card if you prefer hotel or airlines points instead of straight cash back. Whether a $95 annual fee is worth it is up to you, but I must add that the waived fee for the first year is definitely worth a try.

Citi ThankYou Premier Card Summary:

• Apply Now
• Maximum Bonus: 30,000 Bonus ThankYou^® Points
• Spending Requirement: You must spend $3,000 within 3 months of account opening.
• Annual Fee: $95 (waived for the first year)
• Bonus Worth: The 30K bonus points is $300 in gift cards.
• Expiration Date: None
• Additional Advice: The Citi ThankYou Premier 30K points promo is the only current promotion for this card.

BankAmericard Cash Rewards – 3% Cash Back:

With the BankAmericard Cash Rewards Credit Card, you will be earning 3% cash back on gas for the first $1,500 in combined grocery/gas purchases each quarter, 2% cash back at grocery stores and NOW Wholesale Clubs (Sams club, etc.) and 1% everywhere else. This card shouldn’t necessarily be that attractive for you unless you’re a preferred rewards member. If you’re a preferred rewards member then you should expect a significant boost with your cards earning rates: 10% bonus as long as you have a Bank of America checking account, 75% bonus with Platinum Honors status, etc…

BankAmericard Cash Rewards Credit Card Summary:

• Apply Now
• Earning Rates: 3% on gas, 2% on groceries and wholesale stores, 1% everywhere else. CAPPED
• Maximum Bonus: $200 cash rewards bonus
• Spending Requirement: Make at least $500 in purchases within first 3 months
• Annual Fee: None
• Bonus Worth: $200
• Expiration Date: None
• Additional Advice: You can get a 10% customer bonus every time you redeem into a Bank of America checking or savings account!

Blue Cash Preferred Card – 3% Cash Back:

With the Blue Cash Preferred® Card from American Express, you will be earning a 3% cash back on all U.S gas stations & U.S. Department stores. On top of that, you’ll be earning a beautiful 6% cash back on all grocery store purchases. However, you will be capped at the first $6,000 in purchases every year. Also, there is an annual fee attached at $75 (unfortunately not waived for the first year). This would be your best option for those of you who’s main expense is derived for grocery store spending but want a slight bonus on their gas expenses as well.

Blue Cash Preferred Card from American Express Summary:

• Learn More
• Earning Rate: 3% U.S. gas stations & select U.S. dept. stores
• Maximum Bonus: $350
• Spending Requirement: Must spend $1,000 within first 3 months and spend $2,000 on eligible travel purchases within the first 6 months
• Annual Fee: $75
• Expiration Date: None
• Additional Advice: For those of you who spend at least $4,000 a year on gas, keep in mind that there are better cards out there that won’t have you losing $80 a year.

Wells Fargo Propel 365 American Express Card – 3x MR Points:

With the Wells Fargo Propel 365 American Express^® Card, you will be getting 3X the points at U.S. gas stations and 2X the points at U.S restaurants.  Earn an annual relationship bonus of 10%, 25%, or 50% on non-bonus rewards points if you maintain a qualifying consumer Wells Fargo Checking or Savings Account. This card may or may not be worth it for you unless you can take into account a system of maximizing your purchases.

Wells Fargo Propel 365 AMEX Card Summary:

• Apply Now
• Maximum Bonus: 20,000 Bonus Points
• Spending Requirement: You must spend $3,000 within 3 months of account opening.
• Annual Fee: $45 (waived for the first year)
• Bonus Worth: 20,000 Bonus Points is worth $200.
• Expiration Date: No expiration
• Additional Advice: Redeeming the 20,000 Bonus Points on travel booking is said to yield an approximate 1.5¢ per point which could equate to $300 in value.

Conclusion:

Capitalize on all of your gas purchases with this list of what we believe to be the most exceptional, Best Credit Cards for Gas Station Spending. This is possibly the most fun list that I have posted and I really hope you BCS readers enjoy this read! We have evaluated balanced gas credit cards as well as credit cards with a spending cap that we still see value in. Also don’t forget to check out our complete list of Credit Card Promotions for all of your credit card needs!