Gas Credit Cards at FirstCredit.net

Gas Credit Card

We all need a little help in paying for gas at the pump these days. The price of gas is astronomical and our cars and trucks use a lot of it – approximately 750 gallons a year. It makes sense to try and get a discount on all that fuel. So do you get a credit card that will tie you to a specific gas company? Or should you get a credit card that gives you rebates on gas but that you can use at most any gas station? You need to do some research to make sure that you are getting the most of any fuel discounts or gas rebates from credit card usage.

Things to pay attention to

Make sure that the gas card you use gets the highest rebate yet allows you to use it at the gas stations you frequent. Is there a spending cap on your gas discount? Check out some of these gas credit cards to see if they might work for you in reducing your cast of fueling up at the pump.

American Express Blue Cash. The Blue Cash card from American Express gives you 3% cash back on all gas purchases. Of course the gas station has to accept American Express. There are no tiers or spending caps on this cash back program. The card also has other cash back programs on other purchases. Blue Cash provides cash backs on everyday shopping like earning 6% on grocery store purchases and 3% at department stores. You earn 1% cash back on any other purchases you make. There is an annual fee of $75.00 but American Express has been offering a $100 welcome bonus so check it out.

Chase Freedom Card. The Chase Freedom card does offer a cash back program for gas but it is only for one quarter during a calendar year. There is also a cap on the gas cash back program of $1,500 per quarter. The company rotates different categories during the year that they offer cash back programs on such as groceries, department store shopping, and home improvement purchases. For any other non-category purchases you receive a 1% cash back bonus. There is no annual fee for owning this card.

American Express TrueEarnings Costco card. For this card you need to be a Costco member which does cost $50.00 annually. This gas rebate credit card offers a 3% cash back bonus on gas purchases. There is a cap on the gas rebate program but it is set at $3,000. American Express also provides 2% cash back programs on both travel and restaurant purchases made using the TrueEarnings Costco card. All other purchases made with the card earn a 1% cash back bonus. There is no annual fee with this card.

Gas Credit Card Facts:

Gas credit cards, also known as gas station credit cards are cards that offer bonuses on your gas purchases. Traditionally, most gas credit cards were issued by oil companies such as Citgo, Chevron, BP, Shell and Exxon Mobile in partnership with major credit card issuers. These days some of the best gas credit cards are issued by the banks.

Gas credit cards are generally for people with a good to excellent credit card score or credit rating. This would require a credit score of at least 700-749 for credit cards that require good credit and a credit score of 750 or above for credit cards that require excellent credit. If you have good to excellent credit, compare and apply for a gas credit card below.