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Finding the Best Gas Credit Card

Last Updated: December 5, 2021
3 min read

How to find the right gas credit card

What do commuters, long-distance road trippers and the family chauffeur (read: parents) all have in common? They fill up their tanks a lot — and they all might benefit from a gas rewards credit card.

Gas credit cards allow cardholders to earn rewards on gas purchases. They can be a great option for anyone who puts a lot of miles on their car, not to mention anyone planning a long-distance road trip in the not-too-distant future. Here’s a look at what you need to know if you’re considering applying for one.

What’s the best gas credit card for you?

There are generally two types of credit cards that offer gas rewards: gas station-affiliated credit cards and credit cards issued by a credit card company that offer rewards on gas purchases. The best gas credit card for you depends on both your geographic location and spending habits.

Gas station credit cards

Station-affiliated gas credit cards offer competitive rewards, but you can only save on gas that you purchase at affiliated stations. This type of gas credit card is a good fit if you only buy gas from a particular gas station or if you could easily start going to one particular station without significantly changing your fill-up habits.

Gas credit cards

A gas credit card from a credit card company offers rewards on gas purchases at any station, not just certain ones. This might be more convenient for you while also allowing you to hunt for the best deal on gas, regardless of the brand on the pump.

5 things to consider when choosing a gas card:

  1. What are the rewards levels? Are there introductory rewards levels that taper off — for instance, do you get 10 cents back per gallon for the first 90 days and three cents back after that? (If so, consider getting your card right before a major road trip to get the most rewards during the time you’ll be traveling the most.)
  2. Can you also earn rewards on purchases made elsewhere like restaurants, grocery or department stored, etc.?
  3. Is there an annual fee?
  4. What are the spending levels and caps (read the terms and conditions or call customer service if you need help understanding the details)
  5. Is there a low or 0% introductory APR on purchases and balance transfers—and a low interest rate after the intro APR period expires?

A gas rewards card should suit your lifestyle and needs. If you only fill up at the same gas station, you might prefer a branded gas card that gives you rewards at that gas station chain. If you want rewards at all types of gas stations and on other purchases, you might consider a gas rewards card that rewards you in several different ways.

How much can you save with a gas credit card?

The amount you can save with a gas credit card varies from card to card as each has its own rewards structure, terms, and so on. The amount you save also depends on how you use the card. Using it irresponsibly, by incurring penalty fees or carrying a large, interest-bearing balance, for instance, can negate potential savings.

That said, there are opportunities to earn meaningful cash back with a gas card. The Discover It® Chrome Credit Card, for example, gives you 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and 1% cash back on all other purchases.1 Discover also matches all the cash back you’ve earned at the end of your first year. 2

If you’re in the market for a gas credit card, use this info to shop around to find the best card for you. Of course, whichever card you choose, be sure to read all the terms and conditions before signing up.

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