Get rewarded every time you fill up your gas tank by earning accelerated cash back, rewards points or discounts.
If you’re always on the go, frequent gas station trips might be unavoidable. While gas prices seem to always be rising, you can get some relief by using the right credit card. Get rewarded each time you pay for fuel — choose between discounts per litre or earn high rates of cash back or rewards points when you purchase gas. Almost all gas stations in Canada accept credit cards, whether it’s a Mastercard, Visa or American Express branded credit card — so using plastic to pay at the pump can be a rewarding and convenient experience.
Our pick for use at gas stations
Purchase interest rate
Scotia Momentum Visa Infinite Card
Apply today and earn 10% cash back on purchases in the first 3 months, 4% cash back on gas and groceries and 2% cash back on drug stores and recurring bills .
- Purchase interest rate: 19.99%
- Cash advance rate: 22.99%
- Balance transfer rate: 22.99%
- Annual fee: $0 annual fee for the first year ($99 thereafter)
- Credit rating: 750+ recommended credit score
- Minimum income: $60,000
- Minimum age: Age of majority in province/territory of residence
Compare gas rewards cards
Most major gas stations accept credit cards
Jump to …
- Our pick for best gas card: Scotia Momentum Visa Infinite
- Our pick for rewards points: Scotiabank Gold American Express Card
- Our pick for no annual fee cash back: Tangerine Money-Back Credit Card
- Our pick for cash back: CIBC Dividend Visa Infinite Card
- Our pick for cash back rewards on all purchases: SimplyCash™ Card from American Express
The gas credit cards of 2019
When selecting the best gas credit cards of 2019, we compared a few factors among available gas credit cards, including eligible gas stations, points or cashback earned per dollar spent, rewards point value when redeemed, annual fees, APRs and other perks or features a consumer might look at when selecting a gas credit card. The cards below are some of the top performers in one or several of these areas, earning a spot on our list.
Our pick for best gas card: Scotia Momentum Visa Infinite Card
Our pick for rewards points: Scotiabank Gold American Express Card
Our pick for no annual fee cash back: Tangerine Money-Back Credit Card
Pick the CIBC Dividend Visa Infinite Card if you want 4% cash back and you’re a big spender at Tim Hortons and Telus. This card has a $99 annual fee.
Our pick for cash back rewards on all purchases: SimplyCash™ Card from American Express
Two types of credit cards with benefits on gas purchases
There are typically two different types of credit cards with gas rewards:
- Credit cards that provide you with perks like cash back or rewards points when you fill up your tank at almost any gas station across Canada.
- Gas stations that have a partnership with a specific credit card provider, meaning you can only reap rewards when you fill up your tank at that brand of stations (for example get a discount on gas when you link your eligible RBC credit card to your Petro-Canada card).
Rewards credit cards vs. gas station specific credit cards
|Rewards credit card||Gas station specific credit cards|
|Use:||Can be used at almost every gas station across Canada, earning rewards at all stations.||Can be used anywhere, although rewards or discounts will typically be affiliated with a single gas station brand.|
|Earn:||Allows you to accumulate cash back or rewards points that you can redeem.||May offer instant discounts on gas purchases or accelerated rewards.|
|Interest rates:||Interest rates will likely be standard. Some cards may come with balance transfer offers.||Interest rates will likely be standard. Some cards may come with balance transfer offers.|
|Credit limit:||Credit limit will depend on your credit score and the specific card you choose.||Credit limit will depend on your credit score and the specific card you choose.|
|Rewards:||Earn rewards on all eligible gas purchases.||Rewards and/or discounts at specific brands of gas stations.|
|Credit score:||Usually requires good to excellent credit.||Usually requires good to excellent credit.|
Consider a gas credit card if …
- You spend a lot on gas each month. If you spend several hundred dollars or more each month on gas, a gas credit card will give you a big break on gas costs. If you rarely drive and spend little each month on gas, you might get more out of another type of rewards card.
- You buy gas from the same gas station brand. If you typically buy gas from the same brand and you can find a card that offers accelerated rewards or discounts for that brand, then the card will likely be of value to you.
- You pay your balance in full each month. Watch out for your card’s interest rate. If you carry a balance from month to month, you’ll accrue interest charges that will likely offset any rewards you receive from your card. Paying your balance in full every month lets you avoid paying interest on your purchases and increases the value of your card’s rewards.
How to choose a gas credit card
While gas benefits are likely most important to you, other features of each card — such as fees and additional perks — should factor into your decision. Consider the following factors when comparing gas rewards credit cards:
- Decide whether you want to be tied to a specific gas-station brand. If you get gas with one company, a card that offers rewards or discounts with a specific brand of gas station might offer more attractive benefits. If you shop for gas across a variety of different stations, consider a general card that offers cash back or rewards points across all eligible gas stations.
- Signup bonus. Compare signup bonuses and consider any minimum spend requirements in order to receive the signup bonus.
- APR. It’s wise to check a card’s APR before applying. Compare both purchase interest rates and cash advance interest rates.
- Annual fee. If you want to save money, an annual fee might not be worth paying. Look for a card with a low or $0 annual fee. If a card has an annual fee, calculate what level of rewards you might earn based on your spending. You want these rewards to offset the card’s cost.
- Other rewards and perks. While your primary goal is to find a credit card that will reward you for spending on gas, any other rewards you receive will only sweeten the deal. Other perks may include complimentary travel insurance coverage, shopping benefits, concierge services, early ticket access and more.
How to maximize your gas rewards
- Choose a gas card based on nearby gas stations. It may not be worth burning fuel to drive to a gas station that’s out of the way. If there are no credit cards affiliated with gas stations near you, consider looking into a general rewards card that offers cash back or rewards points on all gas purchases.
- Buy all your gas with your credit card. You’ll save the most money — and earn the most rewards points or cash back — when you make your gas purchases exclusively with your credit card.
- If you’ve got a station specific card, try to exclusively buy gas there. If you opt for a credit card that offers discounts or accelerated rewards at a specific brand of gas station, try to exclusively purchase gas from those gas stations.
A gas credit card is a smart choice if you’re constantly filling up. Consider a general gas rewards card if you shop at a variety of different gas stations and look for a specific brand of gas station card if you buy fuel with one company.
If you’re not sure if a gas credit card is right for you, check out other rewards cards.Back to top