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5 Best Credit Card for Gas of September 2022

the best credit card for gas

People who want to stick to their budget can be worried about rising gas prices as gas purchase usually acquire 3.5% of annual household budget. Of course, more the time you spend in your car more your expenses increase on gas purchase.

 

But, by adopting some smart ways like using some of best credit cards for rewards and cashbacks you can always save more. If you are self-disciplined towards your expenses then credit cards can help you to cut your expenses.

 

So, to find out the best credit card for gas as per your need, we are sharing our top findings. In this post, we have picked best credit card for gas purchase rewards and also these cards don’t only reward you for gas purchase but for other purchases also.

 

As carrying a brand specific gas card is not as useful as cards having multiple reward category. So, we have prepared the list of top rewarding credit cards which can be used for gas and other purpose also.

 

Here is quick summary of our top findings for best credit card for gas-

 

Sr No

Credit Card

Reward Rate on gas purchase

 Reward Rate Range on Categories

Annual Fees

 

1.

PenFed Platinum Rewards Visa Signature® Card

5x

1%-5%

$0

2.

PNC Cash Rewards® Visa®

 

4x

1%-4%

$0

 

3.

Wells Fargo Autograph Card

 

3x

1%-3%

$0

4.

Blue Cash Preferred® Card from American Express

 

3x

1%-3%

 

$95

5.

Citi Premier® Card

 

3x

1%-3%

 

$95

 

 

PenFed Platinum Rewards Visa Signature® Card

Best Credit card for gas


This card lets anyone have highest return on their gas spending by giving cardholders 5 points for every $1 paid on fuel at the pumps and EV charging stations.

 

If your credit score is 700 or higher, by joining Pentagon Federal credit Union you can get this card to enjoy the benefits.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $0

 

Initial Bonus – 15,000 points

New cardholders need to spend $1,500 within 3 months of opening an account to get the PenFed Platinum Card’s 15,000 points initial bonus.  

 

Balance Transfer – 0% for 12 months as promotional offer. 3% fee applies to each transaction.

 

Purchase Variable APR – 16.49% to 17.99%

 

Other Benefits- Apart from 5x reward points on your gas purchase at the pump and EV charging stations, user of this card can also enjoy following benefits-

 

·       3 reward Points per $1 spent at the supermarkets including Target and Walmart, restaurants, and TV, radio, cable, streaming services.

 

·       1 Point per $1 on all every other purchase.

 

Pros

·       Excellent rewards on gas as well grocery purchases

·       Low ongoing APR with 0% offer for initial 12 months

 

Cons

·       Membership is mandatory

·       Only option to redeem points is through PenFed’s rewards portal

 


PNC Cash Rewards® Visa®

Best Credit card for gas


PNC Cash Rewards Visa credit card can be a great choice as best credit card for gas as it offers 4% cashback on gas purchases with no annual fees. This card offers 1%-4% cashback in various categories like dining, grocery and others with generous sign-up bonus offers.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- None

 

Initial Bonus – Sign-up bonus offer of $200, after you spend $1000 in purchases on your new card within the first three months.

 

Balance Transfer offer – 0% intro APR offer for balance transfers.

 

You’ll get 12 months 0% APR on balances transferred within the first 90 days of account opening. After offer period it is 3%.

 

Purchase Variable APR – 16.24% – 27.24%

 

Other Bonus categories are-

3% cashback on dining Purchases.

2% cashback on grocery purchase

1% cashback on all other purchases.1 reward points per $1 spent on all other purchases.

 

If you bank with PNC, this can help you to get more bonus points between 25% and 75% more bonus points.

 

Pros

·       Welcome offer for new cardholders

·       No annual fees

·       So many redemptions options

 

Cons

·       3% foreign transaction fee which makes traveling costlier outside U.S.

·       Reward points can’t be transferred to travel partners.

 


Wells Fargo AutographCard

Best Credit card for gas


The Wells Fargo Autograph Card is a no-annual-fee rewards card offering three reward points on every dollar spent on gas, transit, restaurants, other categories with good sign-up bonus.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- None

 

Initial Bonus – sign-up bonus offer of 30,000 points, with a cash redemption value of $300, after you spend $1500 in purchases on your new card within the first three months

 

Balance Transfer offer – N/A

 

Purchase Variable APR – 0% intro APR on purchases made within the first twelve months of account opening.

Afterwards, it could be anywhere from 17.24% to 27.24%

 

Other Bonus categories are- 3 reward Points per $1 spent on some popular streaming services, phone plans, travel and transit expense

 

1 reward points per $1 spent on all other purchases.

 

·       No foreign transaction fees on purchase

 

·       $600 in cell phone protection if you pay monthly cell phone bill with this card.

 

Pros

·       Reward points do not expire as long as account is open.

·       Welcome offer for new cardholders

·       No annual fees

 

Cons

·       No introductory offer on balance transfer

·       Few Premium Perks

 

 

Blue Cash Preferred® Card from American Express

best credit card for gas


This card can suit most of the requirements of any household by offering rewards at different rates across multiple categories with 3% back on gas purchase made at gas stations.

 

Though Blue Cash Preferred card has $95 annual fee but if your monthly expenses are at least $350 mainly towards bonus categories offered by this card then, this card can easily help you to earn cash back rewards plus you can easily recoup the cost of your annual fee.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $95

 

Initial Bonus – $350 statement credit after you spend $3,000 in purchases on your new card within the first six months.

 

Balance Transfer – 0% for 12 months as promotional offer.

 

Purchase Variable APR – 0% intro APR offer of 1 months.

After the intro period 16.24%-27.24% Variable rate applies

 

Other Benefits- Apart from 3x reward points on your gas purchase at the pump and EV charging stations, user of this card can also enjoy following benefits-

·       3 reward Points per $1 spent at the supermarkets including Target and Walmart, restaurants, and TV, radio, cable, streaming services.

·       1 Point per $1 on all every other purchase.

 

Pros

·       Great cash-back rewards in range of 1x-5x at Gas stations, supermarkets and on select U.S. streaming services

·        welcome offer for new cardholders

·       0% intro APR on purchases and transfers.

 

Cons

·       American Express isn’t as widely accepted as Visa or Mastercard

·       $95 annual fee after the first year

 


Citi Premier® Card

best credit card for gas


Citi Premier Card offers triple bonus points on major budget categories of every household- Gas, Groceries, restaurants and travel.

 

Here is quick benefit summary that you might find useful to consider before giving a shot to any credit card –

 

Annual Fee- $95

 

Initial Bonus – 80,000 Thankyou points after you spend $4,000 in purchases on your new card within the first three months

 

Balance Transfer – 3% to 5%.

 

Purchase Variable APR – 18.24% – 26.24%.

 

Other Benefits- Apart from 3x reward points on your gas purchase at the pump and EV charging stations, user of this card can also enjoy following benefits-

·       3 reward Points per $1 spent at the supermarkets and restaurants including takeaways.

·       3 reward Points per $1 on air travels and hotels.

·       1 reward points per $1 spent on all other purchases.

·       No foreign transaction fees on purchase

 

Pros

·       Great cash-back rewards in range of 1x-3x at most of the categories including Gas stations, supermarkets, restaurants and travels.

·        welcome offer for new cardholders

 

Cons

·       $95 annual fee after the first year

·       No introductory offer on APR

 

 


FAQ – Best Credit card for gas

Are gas rewards cards worth it?

 

If you’re looking to save money at the gas pumps, a gas rewards card is definitely a good way to boost your savings on gas purchases.

Also, all these cards have multiple categories where you can save additional on your major budget contributors such as groceries, restaurants, travels, hotels etc.

 

Which credit card gives the most points for gas?

 

Among all the cards we analyzed, the PenFed Platinum Rewards Visa Signature® Card is currently offering the highest rewards rate on gas purchases at gas stations with 5X points per dollar spent.

 

If you are one who want to maximize rewards at gas stations, this card can help to earn the average American $111 annually.

 

If you are not into joining Credit unions, our second choice for best credit card for gas is PNC Cash Rewards® Visa® which is offering 4x points per dollar spent on gas purchase.

 

Is buying gas with a credit card good?

 

Using a Credit Card for buying gas makes it easier to track your monthly gas expenses and it is a great way to cut down your gas budget by earning rewards.

 

Is there a credit card that can only be used for gas?

 

There are some gas purchases only cards such as Shell Gas Card, the Chevron and Texaco Gas Card, the CITGO Gas Card, the Sunoco Gas Card etc.

 

However, gas purchase only cards are limited to specific companies so there is no other benefits included except rewards on gas purchases only.

 


Bottom line

Using credit cards which offers rewards in multiple categories like gas purchase, groceries, dining, travel etc is not only a smart way to save some extra bucks but also helps you to track your monthly expenses.

 

In this post we have analyzed various cards depending on their factors like annual fees, reward points, promotional offers, APR rates etc. As always, your best bet should be to find a card that offers great bonus category rewards on the expenses you need to do most frequently.

 

However, if you are one who do not have control on your expenses and spending, using credit cards can come out as a bad decision.

 

 

 

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