Best Gas Credit Cards For 2024: Gas credit cards may reward you with cash back on gas purchases or offer a set discount per gallon of gas. This guide will explore some of the best-rated gas credit cards, so you can choose the one that works best for you.
Best Gas Credit Cards For 2024
The best gas credit cards are designed to help maximize your savings and lower the cost of trips to the gas pump. You may be considering a gas credit card if you have a long commute, a vehicle with a low miles per gallon (MPG) rating, or a family that treats you like a taxi.
Best gas credit cards: Summary
- Best for cash back: Chase Freedom Unlimited®
- Best for fair credit: Capital One QuicksilverOne Cash Rewards Credit Card
- Best for families: Blue Cash Everyday® Card from American Express
- Best for rewards: Citi Premier® Card
- Best for Costco members: Costco Anywhere Visa® Card by Citi
- Best for discounted gas: BPme Rewards Visa®
- Best for no annual fee: PenFed Platinum Rewards Visa Signature® Card
Chase Freedom Unlimited®
Credit score
Excellent, Good
Welcome offer
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year)
This card is recommended for everyday use, whether for doctor copays or big box store purchases. It can be a large earner for cardmembers who want to get the most out of their everyday spending.
Welcome offer: Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases.
Rewards rate: When you open a Chase Freedom Unlimited®, you can earn between 1.5% and 6.5% cash back in several different categories as follows :
Up to $20,000 spent in the first year:
- 6.5% cash back on travel purchased through Chase Ultimate Rewards®
- 4.5% cash back on drugstore purchases and dining at restaurants (takeout and delivery services included)
- 3% on all other purchases
Post $20,000 spent or first year:
- 5% cash back on travel purchased through Chase Ultimate Rewards®
- 3% cash back on drugstore purchases and dining at restaurants (takeout and delivery services included)
- 1.5% on all other purchases
Our take: Additionally, new cardmembers will get a special offer of 5% cash back at gas and grocery stores on up to $12,000 worth of purchases in the first year. This offer excludes Walmart and Target. Cash back rewards on the Chase Freedom Unlimited® don’t expire, so you don’t need to worry about rushing to use them.
Other benefits of the Chase Freedom Unlimited® include a 0% Intro APR on Purchases 15 months and 0% Intro APR on Balance Transfers 15 months and a $0 annual fee.
Our methodology
When researching the best gas credit cards, we compared some of the top-rated cards in several important categories. The resulting list offers a good mixture of options for a wide range of customers.
How to select the best gas credit card for you
When looking for the best gas credit card, there are several considerations you’ll want to keep in mind.
- Annual fees. Some gas credit cards have a $0 annual fee; others may require you to pay a small amount in exchange for keeping your credit card open.
- APR. In general, you can expect to get a lower APR if your credit score is in the “excellent” range.
- Cash back or rewards. One of the main perks of a gas credit card is the ability to earn points or cash back on gas purchases, which you can then exchange for gift cards or other benefits.
- Introductory offers. Depending on the card issuer, you may get a certain amount of cash back for making a minimum number of purchases within a set time period after opening a card, or you may get an introductory APR of 0%. Check to see what is on offer and choose based on what’s most appealing to you.
Alternatives to gas credit cards
If you want to save money on gas without taking out a new credit card, here are two options to consider.
- Gas station loyalty cards. These cards give you points whenever you make a purchase from the specific gas station they’re tied to. The more you fill up there (or the more coffee or fountain drinks you purchase at the attached convenience store), the more points you’ll earn. You can then redeem the points for discounts on future gas purchases.
- Grocery store loyalty cards. Many grocery stores have loyalty cards that give you points for spending money in the store. If it has an attached gas station, you may be able to redeem your points for discounted gas. For example, Kroger Plus cardholders can use their points to decrease the per-gallon cost of gas at Kroger gas stations.
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