A gas reward card is a credit card that offers rewards or cash back specifically for gas purchases, allowing you to save more with every fill-up at the pump.
Key Takeaways:
- Gas reward cards provide rewards or cash back for gas purchases, boosting your savings at the pump.
- There are different types of gas reward cards available, including gas station-branded credit cards and general rewards cards.
- Gas station-branded credit cards offer discounts per gallon, while general rewards cards provide cash back or rewards based on the total purchase price of gas.
- Consider your spending habits and the total purchase price of gas to determine whether a gas reward card is worth it for you.
Types of Gas Reward Cards
Gas reward cards come in various types, such as gas station-branded credit cards and general rewards cards. Each type offers unique benefits and rewards for gas purchases, allowing consumers to maximize their savings. Wahoo.
Gas Station-Branded Credit Cards
Gas station-branded credit cards are specifically designed for loyal customers who frequently purchase gas at a particular gas station chain. These cards often offer discounts per gallon of gas, providing instant savings at the pump. For example, the XYZ Gas Rewards Card offers customers a $0.10 discount per gallon every time they fill up at XYZ Gas Stations. This can quickly add up to significant savings, especially for those who drive long distances or have high gas consumption.
General Rewards Cards
General rewards cards are credit cards that offer cash back or rewards for various types of purchases, including gas. These cards usually provide a percentage of cash back or rewards based on the total purchase price of gas. For instance, the ABC Rewards Card offers 3% cash back on all gas purchases, regardless of the gas station. This flexibility allows cardholders to earn rewards on gas no matter where they fuel up.
| Gas Reward Card | Rewards | Additional Benefits |
|---|---|---|
| Citi Custom Cash Card | 5% cash back on eligible purchases (including gas) up to $500 spent per month | No annual fee and flexible rewards redemption options |
| Wells Fargo Autograph Card | 3% cash rewards on gas purchases | Cell phone protection, travel protection |
| Blue Cash Preferred Card from American Express | 3% cash back on gas purchases | 6% cash back on select U.S. streaming subscriptions, 6% cash back at U.S. supermarkets, 3% cash back at U.S. department stores |
| Bank of America Customized Cash Rewards credit card | 3% cash back on gas purchases | 2% cash back at grocery stores and wholesale clubs, 1% cash back on all other purchases |
| Sam’s Club Mastercard | 5% cash back on gas purchases up to $6,000 per year, then 1% thereafter | No annual fee and savings at Sam’s Club |
When considering a gas reward card, it’s essential to compare the benefits and rewards offered by different cards. Some cards may have additional perks, such as no annual fees or flexible rewards redemption options. By choosing the right gas reward card, consumers can enjoy savings, cash back, and other rewards every time they fill up their tank.
Determining Value of Gas Reward Cards
When assessing the value of a gas reward card, it’s important to consider your spending habits, the amount you spend on gas, and the potential to build credit by responsibly managing your card. Gas reward cards offer various benefits, such as discounts, cash back, or rewards specifically for gas purchases. By understanding your personal spending patterns and financial goals, you can determine whether a gas reward card is worth it for you.
A great starting point is to evaluate your typical spending habits. Take a look at your monthly gas expenses and calculate the approximate amount you spend on fuel. This will help you gauge how much you could potentially save or earn back with a gas reward card. If you frequently drive long distances or spend a significant portion of your budget on gas, a gas reward card can provide substantial savings over time.
Another factor to consider is the opportunity to build credit through responsible usage of your gas reward card. By using the card for gas purchases and consistently paying off your statement balance in full and on time, you can establish a positive payment history. This can contribute to improving your credit score over time, which can have numerous benefits, such as qualifying for better interest rates on loans or mortgages.
Some popular gas reward cards worth considering include the Citi Custom Cash Card, the Wells Fargo Autograph Card, the Blue Cash Preferred Card from American Express, the Bank of America Customized Cash Rewards credit card, and the Sam’s Club Mastercard. These cards offer various benefits, such as competitive rewards rates, signup bonuses, and additional perks. It’s a good idea to compare the features and terms of different gas reward cards to find the one that aligns best with your needs and preferences.
Popular Gas Reward Cards
There are numerous popular gas reward cards available, some of which include the Citi Custom Cash Card, Wells Fargo Autograph Card, Blue Cash Preferred Card from American Express, Bank of America Customized Cash Rewards credit card, and Sam’s Club Mastercard. These cards offer various benefits and rewards that can help you save money on your gasoline purchases. Let’s take a closer look at each of these cards.
| Gas Reward Card | Benefits |
|---|---|
| Citi Custom Cash Card | Offers 5% cash back on eligible purchases up to $500, including gas, each billing cycle. It also provides a $200 cash back bonus when you spend $750 in the first three months. |
| Wells Fargo Autograph Card | Provides 3% cash rewards on gas purchases, along with 2% cash rewards on groceries and drugstore purchases, and 1% cash rewards on all other purchases. |
| Blue Cash Preferred Card from American Express | Offers 3% cash back on gas purchases at U.S. gas stations, in addition to 6% cash back on select U.S. streaming subscriptions, 6% cash back at U.S. supermarkets (up to $6,000 in purchases per year), and 1% cash back on other purchases. |
| Bank of America Customized Cash Rewards credit card | Allows you to choose a 3% cash back category, including gas, for the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter. It also provides 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. |
| Sam’s Club Mastercard | Offers 5% cash back on gas (up to $6,000 per year), 3% cash back on dining and travel purchases, and 1% cash back on other purchases. |
These gas reward cards not only give you rewards specifically for gas purchases but also provide additional benefits that can enhance your overall savings. However, it’s important to review the terms and conditions of each card to understand the specific rewards, cash back percentages, and any limitations that may apply. Choosing the right gas reward card depends on your individual spending habits, preferences, and priorities.
When selecting a gas reward card, take into consideration factors such as the annual fees, interest rates, and additional benefits offered. Some cards may have higher cash back percentages for gas purchases but may charge an annual fee, while others may offer lower cash back percentages but have no annual fees. It’s also important to consider whether the card provides rewards in the form of cash back or points that can be redeemed for future purchases.
I used my gas rewards card for the first time last week and was pleasantly surprised by the savings I received. As someone who commutes to work every day, I spend $200 on gas each month. So when a friend recommended I sign up for a gas rewards card, I was intrigued.
After doing some research, I decided to apply for a rewards card from my local gas station. The process was quick and easy, and I received my card in the mail within a few days. I wasn’t sure what to expect, but I was excited to see how much I could save on my next fill-up. I saved $7 on each full tank fill up.
Using Gas Reward Cards at Participating Stations
Make the most of your gas reward card by using it at participating stations to earn valuable points and enjoy rewards on every gallon of gas you purchase. Gas reward cards are a great way to save money and get something back for your fuel expenses. By choosing a gas reward card that partners with your favorite gas stations, you can maximize your rewards and savings.
When using your gas reward card at participating stations, be sure to check for any special promotions or bonus offers that may be available. Gas reward cards often have additional benefits, such as discounted car washes or free beverages with gas purchases. Take advantage of these perks to enhance your overall experience and get even more value from your card.
To help you track your rewards and savings, many gas reward cards offer online portals or mobile apps where you can view your account balance, track your points, and redeem your rewards. These tools make it easy to stay organized and make the most of your gas reward card benefits. Set up alerts or reminders to ensure you never miss out on an opportunity to earn points or enjoy special offers.
| Gas Station | Rewards Offered | Additional Benefits |
|---|---|---|
| Shell | Earn 5 cents off per gallon for every $50 spent | Discounted car washes, free coffee |
| ExxonMobil | Earn 2 points per gallon | Exclusive member-only promotions |
| Chevron | Earn 3 cents off per gallon for every $100 spent | Access to Chevron’s Techron Advantage Credit Card |
Remember, using your gas reward card at participating stations is not only about earning points and getting rewards, but also about driving smarter and saving big. By combining your gas reward card with other smart fuel-saving strategies, such as maintaining proper tire pressure and avoiding idling, you can maximize your overall savings and make the most out of every mile.
Benefits of Gas Reward Cards
Gas reward cards offer a range of benefits, including savings on fuel costs, discounts at the pump, convenient payment options, and flexibility in choosing where to fill up your tank. These cards are designed to help you make the most out of your gas purchases, providing you with rewards or cash back specifically for fuel expenses.
One of the main advantages of gas reward cards is the opportunity to save money on fuel costs. With rising gas prices, every penny counts. By using a gas reward card, you can earn rewards or cash back on your gas purchases, effectively reducing the amount of money you spend at the pump.
In addition to savings, gas reward cards often provide discounts at the pump. Gas station-branded credit cards, for example, offer a discount per gallon of gas, allowing you to enjoy immediate savings. These discounts can add up over time, especially if you frequently fill up your tank.
| Gas Reward Card | Discount |
|---|---|
| Citi Custom Cash Card | 5 cents off per gallon |
| Wells Fargo Autograph Card | 3 cents off per gallon |
| Blue Cash Preferred Card from American Express | 6% cash back at U.S. supermarkets (up to $6,000 per year), including eligible gas stations |
| Bank of America Customized Cash Rewards credit card | 3% cash back on gas |
| Sam’s Club Mastercard | 5% cash back on gas (up to $6,000 per year) |
Furthermore, gas reward cards offer convenient payment options. Instead of carrying cash or constantly swiping your debit card, you can simply use your gas reward card to pay for your fuel. This makes the payment process smoother and more efficient, saving you time and hassle at the pump.
Lastly, gas reward cards provide flexibility in choosing where to fill up your tank. Unlike gas station-specific loyalty programs, gas reward cards often partner with multiple gas stations, allowing you to earn rewards or cash back at a wide range of locations. This gives you the freedom to choose the gas station that offers the best price or is most convenient for you.
Building Credit with Gas Reward Cards
Using a gas reward card responsibly can be an effective strategy for building credit, as it demonstrates responsible credit card usage and establishes a positive payment history. When you consistently make timely payments on your gas reward card, it shows lenders that you are a reliable borrower, which can help improve your credit score over time.
One key factor in building credit with a gas reward card is paying your statement balance in full and on time every month. This not only avoids interest charges but also shows responsible financial management. By paying your balance in full, you avoid carrying a balance from month to month, which can lead to high interest charges and potentially impact your credit utilization ratio.
Another important aspect of building credit with a gas reward card is maintaining a positive payment history. This means consistently making payments by the due date and avoiding late payments or missed payments. Your payment history is one of the most significant factors that lenders consider when assessing your creditworthiness, so it’s crucial to establish a pattern of responsible credit card usage.
The importance of responsible credit card usage
Responsible credit card usage goes beyond making timely payments. It also involves using your gas reward card wisely and not maxing out your credit limit. Keeping your credit utilization low shows lenders that you are not overly reliant on credit and have the ability to manage your debt effectively.
Another way to demonstrate responsible credit card usage is by avoiding unnecessary credit inquiries. Each time you apply for a new credit card or loan, a hard inquiry is recorded on your credit report, which can temporarily lower your credit score. Minimizing the number of credit inquiries shows lenders that you are a responsible borrower who carefully considers new credit applications.
Your credit score
Your credit score plays a crucial role in your financial life. It is a numerical representation of your creditworthiness and is used by lenders to assess the risk of lending you money. A higher credit score indicates that you are more likely to repay your debts on time, making you a more attractive borrower.
Building credit with a gas reward card can help improve your credit score over time. As you consistently demonstrate responsible credit card usage and maintain a positive payment history, your credit score may increase, providing you with better access to credit options and more favorable interest rates.
| Popular Gas Reward Cards |
|---|
| Citi Custom Cash Card |
| Wells Fargo Autograph Card |
| Blue Cash Preferred Card from American Express |
| Bank of America Customized Cash Rewards credit card |
| Sam’s Club Mastercard |
Maximizing Gas Reward Card Benefits
To maximize the benefits of your gas reward card, consider exploring different rewards redemption options, taking advantage of bonus categories, and staying informed about any promotional offers available. By doing so, you can make the most out of your gas reward card and enjoy even greater savings and perks.
One way to maximize your gas reward card benefits is by exploring the different rewards redemption options offered by your card issuer. Many gas reward cards give you the flexibility to redeem your rewards in various ways, such as cash back, gift cards, or statement credits. Take the time to review and compare the redemption options available to you, and choose the one that offers the most value for your needs.
Additionally, keep an eye out for bonus categories that may offer additional rewards for specific types of purchases. Some gas reward cards have rotating bonus categories that change each quarter, while others have fixed bonus categories that remain the same throughout the year. By understanding these bonus categories and aligning your spending accordingly, you can earn even more rewards on top of your regular gas purchases.
Lastly, stay informed about any promotional offers that your gas reward card may have. Card issuers often run special promotions where you can earn extra rewards or enjoy exclusive discounts at select gas stations. These offers are a great opportunity to maximize your benefits and squeeze out more savings from your gas reward card. Keep an eye on your card issuer’s website, social media channels, or email notifications to stay updated on the latest promotional deals.
| Reward Redemption Options | Bonus Categories | Promotional Offers |
|---|---|---|
| Explore different options such as cash back, gift cards, or statement credits | Take advantage of rotating or fixed bonus categories for additional rewards | Stay informed about special offers for extra rewards or discounts |
| Choose the option that offers the most value for your needs | Align your spending with the bonus categories to earn more rewards | Check your card issuer’s website, social media channels, or email notifications |
Gas Reward Card vs. Regular Credit Card
Gas reward cards and regular credit cards each have their own advantages and disadvantages. Gas reward cards are more focused on providing rewards specifically for gas spending, while regular credit cards offer broader rewards for overall spending. When considering which type of card is right for you, it’s important to understand the differences between the two.
- Gas Reward Cards: These cards are typically offered by gas stations and provide rewards or cash back for gas purchases. They often come with perks such as discounts per gallon or bonus points for fueling up at participating gas stations. Gas reward cards can be a great option if you frequently drive or have a high gas expenditure. You can earn points or cash back on every gas purchase, helping you save money in the long run.
- Regular Credit Cards: These cards offer rewards for a wide range of purchases, including gas. While the rewards for gas spending might not be as high as those offered by gas reward cards, regular credit cards often come with additional benefits. These benefits can include cash back or rewards on groceries, dining, travel, and other everyday expenses. Regular credit cards are a good choice if you want more flexibility in earning rewards on different types of purchases.
When choosing between a gas reward card and a regular credit card, it’s important to consider your spending habits and priorities. If you spend a significant amount of money on gas each month, a gas reward card may be the better option for you. You can maximize your rewards and savings by using the card exclusively for gas purchases.
On the other hand, if your overall spending is diverse and includes categories beyond just gas, a regular credit card may be more beneficial. You can earn rewards on a variety of purchases, not just gas, which can add up over time. It’s important to compare the rewards, interest rates, and fees of different cards to find the best fit for your needs.
| Gas Reward Cards | Regular Credit Cards |
|---|---|
| Focus on rewards for gas spending | Broader rewards for overall spending |
| Discounts per gallon or bonus points | Rewards on groceries, dining, travel, and more |
| Suitable for frequent drivers or high gas expenditures | Suitable for diverse spending habits |
In summary, gas reward cards are ideal for those who prioritize saving money on gas purchases, while regular credit cards offer more flexibility in earning rewards across various spending categories. By understanding your spending habits and comparing the benefits of different cards, you can make an informed decision and choose the card that best aligns with your needs and preferences.
Tips for Choosing the Right Gas Reward Card
Choosing the right gas reward card requires careful research and comparison, taking into account factors such as fees, interest rates, and additional benefits offered by different card issuers. By considering these key points, you can ensure that you find a gas reward card that suits your specific needs and maximizes your savings and rewards.
1. Research and Compare
Start by researching the various gas reward cards available in the market. Look for cards that offer competitive rewards and benefits for gas purchases. Take the time to compare different options, considering factors such as the reward rates, redemption options, and any limitations or restrictions that may apply. By comparing multiple cards, you can make an informed decision and choose the one that offers the best value for your gas spending.
2. Consider Fees and Interest Rates
When evaluating gas reward cards, it’s important to carefully review the fees associated with the card. Some cards may have annual fees or transaction fees that can eat into your potential savings. Additionally, pay attention to the interest rates charged on any outstanding balances. If you plan to carry a balance from month to month, it’s essential to choose a card with a low interest rate to avoid accumulating unnecessary debt.
3. Look for Additional Benefits
Gas reward cards often come with additional benefits that can enhance your overall experience. These benefits may include perks such as roadside assistance, travel insurance, or extended warranty protection on purchases. Consider your personal needs and preferences to determine which additional benefits are important to you. Whether it’s travel-related perks or purchase protection, these extras can add value to your gas reward card and make it more attractive.
| Card Name | Reward Rates | Annual Fee | Additional Benefits |
|---|---|---|---|
| Citi Custom Cash Card | 5% cash back on eligible purchases | $0 | Flexible cash back categories |
| Wells Fargo Autograph Card | 3% cash rewards on gas, grocery, and drugstore purchases | $0 | Cell phone protection and travel assistance |
| Blue Cash Preferred Card from American Express | 6% cash back on select U.S. streaming subscriptions, 3% at U.S. gas stations | $95 | Amex Offers and protection benefits |
| Bank of America Customized Cash Rewards credit card | 3% cash back in the category of your choice | $0 | BankAmeriDeals and overdraft protection |
| Sam’s Club Mastercard | 5% cash back on gas, 3% on dining and travel, 1% on other purchases | $0 | Savings and cash back rewards at Sam’s Club |
By following these tips and considering the important factors when choosing a gas reward card, you can ensure that you make an informed decision and select the card that best fits your gas spending habits and financial goals. Remember, the right gas reward card can help you save money and earn valuable rewards every time you fuel up your vehicle.
List of Gas Credit Cards:
- Blue Cash Preferred Card from American Express: This card offers a high cashback rate on U.S. gas station purchases and additional cashback for U.S. supermarket purchases and select U.S. streaming subscriptions. There is an annual fee, but the rewards potential can offset the cost for those who spend a significant amount on gas and groceries.
- Chase Freedom Flex: This card offers cashback rewards in various categories, including a fixed cashback rate on travel, dining, and drugstore purchases. It also features quarterly rotating bonus categories, which may include gas stations, allowing cardholders to earn an even higher cashback rate during specific periods.
- Bank of America Customized Cash Rewards credit card: This card allows cardholders to choose a category in which they’ll earn a higher cashback rate, and one of the options is gas. Cardholders also earn cashback on grocery store and wholesale club purchases and a lower cashback rate on all other purchases.
- Citi Premier Card: While not specifically a gas rewards card, this card offers points on various categories, including gas, travel, dining, and supermarkets. The points can be redeemed for travel, gift cards, or other rewards.
- Costco Anywhere Visa Card by Citi: This card is a good option for Costco members, as it offers cashback on gas purchases, both at Costco and other gas stations, as well as cashback on restaurant and travel purchases.
- Discover it® Chrome
- Wells Fargo Propel American Express® card
- PenFed Platinum Rewards Visa Signature® Card
- Sam’s Club® Mastercard®
- Chase Freedom Unlimited®
- Citi Premier® Card
- U.S. Bank Cash+™ Visa Signature® Card
- Capital One QuicksilverOne Cash Rewards Credit Card
- Amex EveryDay® Preferred Credit Card
- Hilton Honors American Express Surpass® Card
- Marriott Bonvoy Bold™ Credit Card
- BP Visa® Credit Card
- Shell Fuel Rewards® Mastercard®
- ExxonMobil™ Smart Card
- Chevron and Texaco Techron Advantage™ Cards
- Ducks Unlimited Rewards Platinum Edition® Visa® Card
MBNA Smart Cash Platinum Plus
This credit card is issued by the Toronto-Dominion Bank. This card has no annual fee, minimum spending requirement, or income limit. Among other benefits, this card includes 7 types of insurance, including rental car insurance. It is also a great choice if you have a car and want to get gas rewards. Besides these benefits, you can also receive a $81 welcome bonus after spending $2,000 on purchases with the card.
Americans spend $2k-$3k on gas per year. You could make over $100 per year with rewards. The average car gets 24 mpg. The average truck gets 17 mpg.
PenFed Platinum Rewards Visa Signature
For gas and grocery spending, the PenFed Platinum Rewards Visa Signature Card is a great choice. It offers competitive rewards – almost one cent per point on gas, three cents on groceries, and no foreign transaction fees. Despite the name, this credit card is more than just a gas reward card. It earns you points for everyday purchases, including grocery and movie tickets.
This credit card is especially good for gas purchases, but its rewards aren’t the best. If you don’t plan on doing much shopping with this card, consider other credit cards that offer a higher percentage of cash back. You won’t find many gas reward cards with this high-yielding structure, so you might want to look elsewhere. The PenFed Platinum Rewards Visa Signature card offers strong rewards for gas and grocery purchases, earning five points per dollar spent. Other purchases are worth one point per dollar.
Discover it Cash Back
The Discover it Cash Back gas reward credit card is one of the few cards that offer 5% cash back on all categories of purchases, including gas. This card is great for gas-guzzling Americans who are looking for a card that gives them extra money back on their purchases. However, it can be difficult to track all your gas purchases every month, as Discover announces quarterly categories well in advance.
American Express Blue Cash Preferred
The American Express Blue Cash Preferred gas reward card offers 3% cash back at gas stations and transit, but not at superstores. You can still earn 1% back on most purchases. It also offers complimentary secondary insurance. However, you must register and enroll your card in Equinox+ before you can take advantage of this offer. The benefits of the American Express Blue Cash Preferred gas reward card are numerous. You will receive a statement credit after spending three thousand dollars on eligible purchases within the first six months of account opening
BPme Rewards
BPme Rewards is a mobile app that allows you to earn points with each fuel purchase. You’ll get a 5 cent per gallon discount when you use the app to fill up your car. The program is free to join, but there are many benefits. Not only can you save money on fuel, but you can also earn bonuses and other offers within the app. If you’re not sure if you should sign up for the BPme Rewards program, read on for a review of other popular gas reward programs.
Citi Custom Cash Card
This credit card earns you five percent back on purchases, so you don’t have to worry about keeping track of categories or activation periods. The rewards are automatically credited in your top spend category, so you can use this card to maximize your purchases while staying within your budget. There are few other features, but this card has a great welcome offer: $200 cash back after spending $700 in the first three months. This cash back comes in the form of 20,000 ThankYou points.
The Citi Custom Cash Card offers a 5% rebate on your top spending category. You can switch to another category each month. That means that every time you buy gas with your card, you will earn a cool $300. The card is available at major retail stores nationwide, and you can apply for the card online or in person. Just remember that there’s no annual fee! Whether you’re looking for a gas reward card or just a regular credit card, you can get the best of both worlds with a Citi Custom Cash.
Discover it Visa Infinite
The Discover it Chrome credit card has some great benefits, including no annual fee and unlimited cashback match. It also has no minimum spending requirement or maximum rewards. With 2% cash back at gas stations and 1% on everything else, the chrome is a great choice for students. It also has no annual fee, and builds credit over time with responsible use. For students, this is the best gas rewards card. There are some drawbacks though.
The most attractive feature of this card is its 0% introductory APR on purchases and balance transfers for the first 15 months. Once you reach the first anniversary of your account, you’ll receive an additional 1% cashback on everything else. However, you have to pay the balance transfer fee before July 10, 2022, or you’ll miss the 0% introductory period. You can transfer your existing balance from a different credit card to get the lowest APR.
Discover it Secured Credit Card
The Discover it Secured Credit Card has a 2% cash back on gas and dining rewards, and a welcome bonus that matches your cash back dollar for dollar the first year. Besides this, you can also get alerts whenever you access websites associated with the Dark Web. Moreover, you can earn up to $75 in rewards per year by using this card.
A good gas reward card earns you rewards on a variety of purchases, not just on gas. With a well-rounded rewards program, you can earn 1.5% back on EVERY purchase. This is an excellent option for anyone on the road. The high price of oil can be a stumbling block for your finances, but this card can make the process easier. With its hefty rewards program, you can offset the annual fee with more rewards than ever.
CIBC Dividend Visa Infinite* Card
Among gas reward cards, the CIBC Dividend Visa Infinite* Card is a top contender. Its cash back rate on eligible gas and groceries is among the highest in Canada. The card also offers benefits such as dining, travel, and luxury items. Its annual fee is $120, which makes it a good choice for families. You can get a rebate of this fee on your first year of using the card.
With the CIBC Dividend Visa infinite* Card, you can earn 10 cents per litre at participating gas stations. You can also link the card to Jornie Rewards, a rewards program offered by CIBC. Once you have linked your card to Jornie Rewards, you will automatically earn 10 cents off every litre you fill.
PNC Cash Rewards Visa Card
Gas prices are high all over the country, so you may be worried about how much money you’re spending at the pump. But if you have a credit card that can offer cash back, you can significantly reduce the amount you spend on gas each month. By choosing a card that offers a higher cash back rate, you can maximize your savings and avoid spending more money than necessary on gas.
If you spend at gas stations, you can earn 4% cash back with the PNC Cash Rewards Visa Card. That’s one of the highest gas cash-back rates available. A typical American can earn up to $100 in cash back each year with this card. Dining purchases earn an additional 3% cash back. However, you must spend a minimum of $8,000 per year on gas, dining, and grocery purchases to qualify for the 4% bonus cash back.
Another great feature of the PNC Cash Rewards Visa Card is its cash-back benefits. It offers 4% back on gas purchases, 3% at restaurants and 2% at grocery stores, and 1% back on other spending. The PNC Cash Rewards Visa Card is among the best gas reward cards because of its long intro APR period. Using this card is a great way to start saving money on gas and other expenses.
Citi Premier Card
The Citi Premier Card is the most popular gas reward card, offering more than 3X points on airfare, dining, and hotels, as well as 1x points at gas stations. This card can even extend a manufacturer’s warranty up to 24 months. There are no annual fees, and the card also offers free authorized user services. Its features and benefits are worth considering if you travel frequently and want a card that will keep up with your lifestyle.
The Citi Premier card can help you earn points on your daily expenses, and its welcome bonus of 60,000 points is worth trying out. It also has no foreign transaction fee, which is useful if you travel outside the U.S. and want to earn more points on your everyday spending. You’ll earn 3 points per dollar at gas stations and restaurants, and 2x points on air travel. It does, however, come with a $95 annual fee.
In order to maximize the benefits of this card, you must be a frequent traveler. In the past year, an average U.S. household spent $1,570 on gas and $3,536 on food and drinks. This would result in an annual bonus of $475 points. With the right card, you can earn up to $520 on your travels. And remember, this is just one of many ways to use your card!
ExxonMobil Smart Card
The ExxonMobil, Smart Card is a gas reward card that lets you earn points for every dollar you spend at participating Exxon and Mobil gas stations. You can use this card at the pump or the register, and you can also load it up with the company’s mobile payment app to make other purchases. It also has cash-advance capabilities.
The ExxonMobil, Smart Card gas rewards card gives you a discount of 30 cents per gallon at participating Mobil and e-commerce locations. The Smart Card also offers a credit option and allows you to take cash advances at Cirrus ATMs. If you’re a frequent shopper, the ExxonMobil Smart Card can be a great option.
FAQ
2. Can you give me an example of how a gas reward card can save me money?
Certainly! Let’s say you have a gas reward card that offers 3% cash back on gas purchases. You fill up your tank with 50 gallons of fuel at $3 per gallon, resulting in a total expense of $150. With your gas reward card, you’ll earn $4.50 in cash back, bringing your effective cost down to $145.50. It’s like having a secret discount genie in your wallet!
3. Are gas reward cards only valid at specific gas stations?
Yes, gas reward cards often have a partnership with specific gas station chains. For example, the “FuelMaster Fantastic Card” might offer rewards exclusively at FuelMaster gas stations. It’s like having a special pass to the exclusive club of fuel savings!
4. Can I use a gas reward card for purchases other than gas?
While gas reward cards are primarily designed for fuel purchases, some cards may offer additional rewards or benefits for other purchases. So, while you can’t fill your shopping cart with groceries using your gas reward card, you might earn extra points or discounts when buying snacks for your road trip. It’s like a little bonus for fueling both your car and your appetite!
5. Do gas reward cards come with any fees?
Ah, the fee monster! Some gas reward cards may have an annual fee, but fear not, many cards offer fee-free options. It’s like finding a unicorn in a sea of dragons—rare but oh-so-rewarding!
6. Can I combine my gas reward card with other discounts or rewards programs?
Absolutely! It’s like the ultimate rewards party. Some gas reward cards allow you to stack your rewards like a game of Jenga. For example, if you have a “FuelSaver Deluxe Card” that offers 5 cents off per gallon and a separate loyalty program with a gas station that gives you 10 cents off per gallon, you might end up with a delightful 15 cents off per gallon. It’s like creating a magical concoction of savings!
7. Are there any hidden benefits to having a gas reward card?
Oh, the hidden treasures! In addition to fuel savings, some gas reward cards come with bonus perks like free air for your tires, discounted car washes, or even a friendly wave from the gas station attendant. It’s like being part of an exclusive club where your car receives the royal treatment!
9. What happens if I accidentally swipe my gas reward card at the grocery store?
Ah, the dreaded mix-up! If you accidentally swipe your gas reward card at the grocery store, don’t panic. The cashier might give you a puzzled look, but no harm done. Your gas reward card won’t magically turn your apples into fuel points. Just kindly explain the mix-up, pay for your groceries, and save your rewards for your next fuel-up adventure.
10. Can my gas reward card magically make gas prices go down?
Oh, if only! While gas reward cards can help you save money on fuel purchases, they can’t control the ever-changing gas prices. But hey, at least you’ll feel a little better knowing you’re earning rewards or getting a discount while filling up your tank. It’s like a small victory in the battle against the pumps!