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All across the country, gas prices are cheaper than they have been in some time. Because of the pandemic, more people are turning to road trips for their vacation plans or even for a weekend getaway. There are several credit card options that earn bonus rewards for gas purchases. So, you can save money and earn cash back or points/miles for future travel.

For instance, the Citi Premier® Card earns 3x points per $1 spent on gas purchases. Points can later be redeemed for gift cards, travel, and more. Alternatively, you can earn 2x miles per $1 spent with the Capital One® Venture® Rewards Credit Card. And, if you spend $20,000 in the first year of cardholding, you’ll earn 100,000 miles.

Learn more: Rewards Credit Cards

If you live outside a major city where public transportation isn’t often an option, or if you do live within a major city and use your car a lot, you could likely benefit highly from having a gas credit card that rewards you at the pump. This includes both credit cards that reward you in gas savings, and then those that just give you plain, across-the-board points and bonuses. Here’s a list of the best gas credit cards for earning rewards.

best gas credit cards
Here are some of the best gas credit cards you can have in your wallet.

Who Has the Best Gas Credit Card 2020?

The best gas credit cards reward you for your gas purchases and come with a big sign up or welcome bonus. Most of the cards have specific categories just for gas purchases. Most also earn bonuses on other everyday purchases like food or groceries. But before we get into it, here are some credit cards that have limited-time bonus categories for gas purchases.

Best Gas Credit Card Bonus: Capital One Venture Rewards Credit Card

While the Capital One® Venture® Rewards Credit Card doesn’t have a specific benefit for gas purchases, it does earn 2x miles per $1 spent on every purchase (and 5x miles per $1 spent on Uber Eats through January 31, 2021). That means you can rack up miles pretty quickly.

This card also comes with up to $100 application fee credit for TSA PreCheck or Global Entry. Although the Venture Rewards is considered one of the top credit cards for travel, it’s worth noting that the Chase Sapphire Preferred is also a good contender if you want to earn more for travel. Check out our review of the Chase Sapphire Preferred vs Capital One Venture Rewards Credit Card for more details.

The Capital One Venture card is great if you don’t want to have to think about how many miles your purchase earns. It’s a flat-rewards card that works for all of your purchases. Plus, you can redeem your Capital One miles for travel.

Learn more: Rewards Credit Cards

Best Credit Cards for Gas Purchases

If your interest is piqued, here are some of the best credit cards for gas purchases.

  • Capital One® Venture® Rewards Credit Card
  • BP Visa credit card
  • Citi Premier® Card
  • Hilton Honors American Express Surpass® Card
  • Costco Anywhere Visa® Card by Citi
  • Amex EveryDay® Preferred Credit Card

1. BP Visa Credit Card

The information for the BP Visa Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The BP Visa credit card is more or less lauded as one of the best co-branded credit cards that features an actual gas station brand. If BP stations are prevalent in your area, this is certainly a credit card to consider.

For the first 90 days after opening your card, you receive 25 cents off per gallon for every $100 you spend on your card anywhere except BP’s competitors. However, you can’t fill up on more than 20 gallons in one purchase.

After the initial 90 days, you receive 25 cents off each gallon for every $100 you spend at BP; 15 cents off each gallon for every $100 spent on groceries, dining and travel; and 5 cents off each gallon for every $100 spent everywhere else (barring BP competitors).

The card comes with no annual fee. Again, if BP gas stations are prevalent in your area of the country and you’re looking to get plenty of savings at the pump, this could be the right card for you.

Learn more: BP Visa Credit Card

2. Citi Premier Card

If you buy a lot of gas but also want to earn points on other purchases and then use those points for a variety of things, look to the Citi Premier® Card. You receive 3 points for every $1 spent on gas, supermarkets, restaurants, air travel, and hotels. There is also a $100 annual hotel benefit. Cardholders can use the benefit after purchasing a single stay of $500 or more (excluding taxes and fees) through thankyou.com.

The card does come with a $95 annual fee.

Related: Citi Premier Review

3. Hilton Honors American Express Surpass Card

Yes, there is a travel credit card that can reward you big at the pump! The Hilton Honors American Express Surpass® Card gives you a whopping 6 points for every eligible $1 you spend at gas stations in the United States. You also earn 12x points per dollar spent on eligible purchases charged directly with a hotel or resort within the Hilton portfolio.

As far as hotel rewards programs go, Hilton Honors doesn’t always offer the best value for its points (so don’t get too excited over those six points — they don’t stretch that far). But if you’re already a member, are loyal to the brand, and know you stand to earn some points at the pump, this one of the best Hilton credit cards to consider. The annual fee is $95 (See Rates & Fees). 

Learn more: Hotel Rewards Credit Cards

4. Costco Anywhere Visa Card by Citi

If you purchase a lot of gas at Costco (or actually, anywhere else), the Costco Anywhere Visa® Card by Citi card is a real winner. You’ll get 4% back on all of your eligible gas purchases (on up to $7,000 of purchases per year); 3% back on eligible travel and dining; 2% back on Costco purchases; and 1% back on everything else.

There’s no annual fee and no foreign transaction fee. This card is simple, straightforward and easy to use.

5. Amex EveryDay Preferred Credit Card from American Express

The information for the Amex EveryDay® Preferred Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

If you want to use your gas purchases to earn points to pay for future travel, the Amex EveryDay® Preferred Credit Card that’s part of the Amex Membership Rewards program could be a good option for you. Membership Rewards points are pretty valuable in the travel rewards world. You can use them to book travel with an array of brands. The annual fee is $95 (See Rates & Fees). 

This card, in particular, gives you 2x points at U.S. gas stations, alongside 3x points at U.S. supermarkets (on up to $6,000 on eligible purchases per year) and 1x points on everything else. But, if you use your card 30-plus times in one billing period, you’ll get 50% more points for the month.

Related: Best American Express Credit Cards

Who Has the Best Gas Credit Cards?

As you can see, most of these gas credit cards allow you to earn on other purchases, not just gas. However, if you want to earn more and have further options, check out our list of the best miles credit cards that offer more flexibility. Most of these cards will reward you for everyday purchases, including gasoline (though they don’t have such high specialized bonuses).

gas credit cards
What are the best gas credit cards for your wallet?

Are Gas Stations Credit Cards Worth It?

Gas can be one of the larger expenses when driving to a travel destination. While prices are at recent lows, drivers are still looking for ways to get rewarded for the fuel purchases in the form of reward points or cash back rebates. For this reason, many travel credit cards reward an average of 2 points per dollar spent on gasoline purchases.

But, it is possible to find credit cards with higher reward rates.

If gas rewards are important to you, the minimum reward rate should be 2% from your credit card, although, any credit card will pay a minimum of 1%. For starters, the IHG® Rewards Club Traveler Credit Card, the IHG® Rewards Club Premier Credit Card, and the Ink Business Cash® Credit Card earn 2 reward points for every dollar spent at the pump.

The Blue Cash Everyday Card from American Express

American Express also offers the Blue Cash Everyday® Card from American Express that pays 2% cash back for purchases at U.S. gas stations and select U.S. department stores, along with 3% cash back on U.S. supermarket purchases (up to $6,000 annually, then 1% thereafter), and 1% on everything else that is eligible. Cash back is received in the form of Reward Dollars that can be redeemed for statement credits.

You can also earn a $200 statement credit after spending $1,000 in purchases within the first three months of account opening. There is no annual fee (See Rates & Fees). 

Learn more: Cash Back Credit Cards

Better Than 2%

We know it is possible to choose a credit card that offers a baseline rate of 2%. But, it is very easy to earn more. In fact, it’s possible to earn up to 5% cash back on all gas purchases. One thing you might notice though is that some of these credit cards can be “somewhat” exclusive. They might require a one-time or annual membership fee to an organization to qualify for the rewards card.

Hilton Honors American Express Card

The Hilton Honors American Express Card earns 5x points per $1 spent on eligible purchases at U.S. restaurants, U.S. supermarkets, and U.S. gas stations. It also earns 7x points per $1 spent on eligible purchases charged directly with a hotel or resort within the Hilton Honors portfolio of brands. All other eligible purchases earn 3x points per $1 spent.

The welcome offer is the ability to earn 80,000 Hilton Honors bonus points after you use your new card to make $1,000 in eligible purchases within the first 3 months of your card membership.

If you are a loyal Hilton traveler, this could be beneficial for you. Otherwise, you may prefer a card with more flexibility. There is no annual fee to worry about either (See Rates & Fees). 

Learn more: Hotel Rewards Credit Cards

Everyday Rewards

These reward cards do not require you to belong to a particular bank or club to earn high rewards, as most other gas rewards cards do.

Blue Cash Preferred Card from American Express

The Blue Cash Preferred® Card from American Express earns 6% back on the first $6,000 spent at U.S. supermarkets, then 1% thereafter. You can also earn an unlimited 6% cash back on select U.S. streaming services. You also earn 3% cash back at U.S. gas stations and on transit including taxis/rideshare, parking, tolls, trains, buses and more. For all other purchase categories, you earn an unlimited 1% back.

Cash back comes in the form of Reward Dollars that can be redeemed as a statement credit. Additionally, Plan It gives cardholders the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.

Available until 12/10/2020, there is a $0 introductory annual fee for one year, then $95 (See Rates & Fees). The welcome bonus is the ability to earn a $300 statement credit after spending $3,000 on purchases in the first 6 months. This offer also expires on 12/10/2020.

Learn more: Rewards Credit Cards

Citi Rewards+℠ Card

The Citi Rewards+℠ Card earns 2x points per $1 spent at supermarkets and gas stations for the first $6,000 per year, then 1x points thereafter. It also earns 1x points per $1 spent on everything else. Plus, this is the only credit card that automatically rounds up to the nearest 10 points on every purchase, with no limits on how many points you can earn.

Your points won’t expire, so long as your account remains active.

Related: Best Citi Credit Cards

Chase Freedom Flex

The Chase Freedom Flex℠ has 5% quarterly rotating categories, and gas just happens to be a rotating category. Once activated, earning 5% is capped at $1,500 in purchases each quarter. But that adds up, especially if you’re transferring your Freedom points to Ultimate Rewards. Cardholders also earn 5% cash back on travel purchases in the Chase Ultimate Rewards portal, 3% cashback on restaurants, including takeout and delivery services, 3% cashback on drugstore purchases, and 1% cashback on everything else.

Related: Chase Freedom Flex Review

Credit Union Rewards Cards for Gas Purchases (5%)

These two credit cards offer gas rewards of 5% and can be used worldwide. The only downside is that you need to meet certain eligibility standards to earn membership. If you are retired or active military personnel, reside in the service area, employed by a qualifying employer, or relative to an eligible member, you can enjoy 5% cash back.

Fort Knox Federal Credit Union Visa Platinum Credit Card

The information for the Fort Knox Federal Credit Union Visa Platinum Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Some might balk at credit union offerings because members must meet certain eligibility requirements or limited physical branches.  But, this doesn’t mean that you cannot use them primarily for an awesome credit card program.  Fort Knox FCU pays 5% on gas rewards and 1% on all other purchases in the form of a monthly statement credit with their Visa® Platinum Credit Card.

The reward payout is similar to the Chase Freedom credit cards that pay a 5% bonus on select categories. If fuel is one of your largest expenses, this can be a better offering because gas purchases constantly earn 5%.

To qualify for this card, non-members need to pay a one-time $15 fee (or $5 annually) by joining the American Consumer Council. The $5 of the fee is used to purchase one share at Fort Knox FCU.

Pentagon Federal Credit Union

If you like earning points, this is possible with the PenFed Platinum Rewards Visa Signature® CardYou will earn 5x points per $1 spent at the pump, 3x points on supermarket purchases, and 1x point for everything else.  Unredeemed points expire after 5 years. Also, the point redemption values are not as good as Chase Ultimate Rewards or American Express Thank You Points.

Learn more: Cash Back Credit Cards

Warehouse Clubs (4%-5%)

Surprisingly, credit cards offered by wholesale buying clubs such as Costco or Sam’s Club not only offer discount prices for fuel but offer additional rewards to loyal members that also make purchases with the affiliated credit cards. In addition to gas rewards, these two credit cards also offer tiered rewards for other purchases as well.

Of course, these cards might only make sense if you regularly make purchases from a warehouse club.

Costco Anywhere Visa Card by Citi

The Costco Anywhere Visa® Card by Citi pays 4% cash back on the first $7,000 in eligible gas purchases annually. Then, you’ll earn 1% after that. Users will not earn rewards from gas purchased at other warehouse clubs, supermarkets, or grocery stores.

Reading the terms and conditions can be a little confusing. It mentions that rewards will not be earned at convenience stores (what virtually every non-Costco gas station is).

Don’t be alarmed, you will almost certainly earn a reward when you “pay-at-the-pump.” Credit card companies have different classification codes for in-store purchases where you can also purchase drinks & lottery tickets and gas pump purchases where it is only possible to purchase gasoline or diesel.

This is a general practice for all gas rewards credit cards.

In addition to 4% gas rewards, cardholders also earn 3% cash back on restaurant & eligible travel purchases, 2% on all other Costco and Costco.com purchases, and 1% on everything else.  Between the tiered reward payout and no annual earnings cap on all rewards, this is the best warehouse club credit card available.

Learn more: Costco Anywhere Visa® Card by Citi

Sam’s Club MasterCard

The information for Sam’s Club® Mastercard® has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

It’s not uncommon for non-warehouse credit cards to not offer gas rewards at clubs such as Costco, Sam’s, or BJ’s. That problem is solved, at Sam’s Club at least, with the Sam’s Club® Mastercard®. Cardholders can earn 5% rewards on the first $6,000 in gas purchases each year and 1% after that.

Gas rewards can be earned at Sam’s Club or Wal-Mart gas stations, in addition to most other gas stations in the United States and Puerto Rico. The “fine print” does mention that wholesale clubs other than Sam’s (i.e. BJ’s or Costco) and select supermarket gas stations are ineligible for the purchase rewards.

In addition to the 5% gas rewards, it’s also possible to earn 3% on dining and travel purchases, & 1% on all other purchases. Keep in mind that reward earnings have a limit of $5,000 per calendar year. There also isn’t an annual fee or foreign transaction fee.

What About Gas Station Cards?

If you always purchase gas from a specific gas station brand, a branded gas station credit card can be a good option. For example, the ExxonMobil™ Smart Card rewards 6 cents per gallon. The Shell Fuel Rewards® Mastercard® knocks 10 cents off each gallon (up to 20 gallons).

If gas is $2 per gallon that is a rewards rate of approximately 2.5%, but only 1.6% when gas costs $3 per gallon.  These reward rates are still better than several rewards cards. But, the above options offer better payouts and are more flexible.

Of course, you can also buy gas station gift cards at an office supply store with a flexible card. This way, you still earn points.

Summary

There isn’t a single “best” gas rewards credit card that fits the needs of every person. Most credit cards offer increased gas rewards as an incentive to attract or retain users that might already be using their products. For example, joining a credit union or warehouse club specifically to earn extra gas rewards might not be worth the hassle if you have a decent travel rewards card that earns 2% on gas purchases and higher payouts for travel purchases.

As a general observation, the credit cards with better gas rewards tend to reward shoppers who will also use the same credit card for grocery shopping. To maximize gas rewards, it might make sense to select one of the recommended credit cards above to purchase “household staples”. Then, use a travel card as your primary card for all other purchases.

Related articles:

For rates and fees of The Blue Cash Preferred® Card from American Express, please click here.

For rates and fees of the Hilton Honors American Express Surpass Card, please click here.

And for rates and fees of The Amex EveryDay® Preferred Credit Card, please click here.

For rates and fees of the Blue Cash Everyday® Card from American Express, please click here.

For rates and fees of the Hilton Honors American Express Card, please click here.

Geoff Whitmore
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