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Gas Credit Cards
Updated: April 10th, 2012 by Timothy James -- We will cover two important areas here. Firstly, how to choose the most suitable Gas Credit Card for your personal circumstances - and secondly, what the best card offers are for the current week. Read the guide then compare the cards! Alternatively, if you want search for other card types, you can do that here.
Read The Guide...
This guide
will give
you
important
information
you should
know before
applying;
such as:
How gas credit cards work.
When, how and who should use them.
How to choose your card carefully.
The top cards for this week.
Compare The Cards...
Looking for the best offers for Gas Credit Cards?
>>
Click here now
Recommended:
Most popular credit card in this category.
Gas Credit Cards - What are they?
Gas credit cards are a type of reward card that not only awards points for general purchases, but also awards bonus points for the purchase of gasoline. Generally speaking you will earn 1 point per dollar spent on everyday purchases and anything up to 5 points per dollar spent at specific gas stations.
How do these type of cards work?
Gas credit cards work in exactly the same way as all other credit cards in that you purchase everyday items with them, receive a statement at the end of each month and either clear the balance or pay the minimum due (a very simplified explanation).
The main difference between gas credit cards and other types of reward cards is that you can earn huge numbers of bonus points when you buy gasoline with your card. So, if your normal award rate is 1 point per dollar spent, you'll probably get double or triple this rate (or even more) for gasoline purchases.
Some gas credit card issuers also offer these enhanced rates for other automobile related purchases e.g. tyres and car maintenance services.
The points you earn can then be redeemed against future gasoline purchases or against a variety of other products specified by your particular card issuer. These often include things like gift cards, restaurant meals, merchandise, groceries and entertainment.
Who would benefit from this type of credit card?
Evidently, anyone who uses a lot of gas would benefit from a gas credit card. So for example, independent cab drivers, long distance couriers, people who travel by car a lot either for business or pleasure as well as those who run small businesses with several automobiles would all benefit.
You do of course have to use filling stations that are part of the points award scheme but in general this isn't difficult to do. Having said that, if you live out in the middle of
nowhere, it would certainly be sensible to check the terms of the card issuer to be sure your local station is eligible.
The best Gas Credit Card offers for the current week...
Whilst other finance websites usually list vast numbers of available credit card offers on a single page, in our view, all that does is create confusion (and a lot of research work) for you, the consumer. We've done all that work for you.
The top cards in our opinion are each marked with 5 stars. Remember, credit card companies change their offers all the time and the below information is correct at the time of writing. Be sure to double check the terms of the offer on the provider's website before completing an application.
Membership Rewards® bonus: 25K points, redeemable for select gift cards valued at $250, when you spend $2,000 in your first three months of Card membership
Membership Rewards® points multiply fast! Earn 3X points on airfare, 2X points on gas and groceries, 1X points on everything else
Exclusive access to Gold Card Destinations and events - Enjoy special travel packages and amenities at hotels worldwide, as well as select concerts, shows, sporting events, and more.
Introductory annual fee of $0 for the first year, then $175
Get a decision in as little as 60 seconds.
Regular APR
Annual Fee
Balance transfers
Credit Needed
N/A*
Introductory annual fee of $0 for the first year, then $175
American Express® Card and Costco Membership Card in one- with no annual fee for Costco members
Cash back on the things you buy: 3% for the first $3,000 in annual gasoline purchases (1% thereafter), 2% for restaurants, 2% for travel, and 1% everywhere else, including Costco
Rated 4.5 out of 5 stars in overall satisfaction by current TrueEarnings® Cardmembers from Costco and American Express
Regular APR
Annual Fee
Balance transfers
Credit Needed
15.24% variable
$0*
Yes*
Excellent Credit*
SwitchSave™ Identify which balance transfer credit cards will save you the most money. Try now.
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