If gas takes the biggest chunk out of your monthly budget, the PenFed Platinum Rewards Visa Signature® Card is an excellent choice. The card is a good pick for groceries as well, offering accelerated points.
Rewards points. Earn 5x points when you buy gas at the pump, a market-leading rate. Also, earn 3x points on groceries and 1x points on all other purchases. There's no cap on points you can earn.
Promotional APR. Get on balance transfers for 12 months following your account opening, and 13.49% to 17.99% variable after that.
Signup bonus. Earn $100 statement credit after you spend $1,500 in the first 90 days of card membership.
No intro APR on purchases. You get a 0% intro APR period on balance transfers, but not on purchases.
Balance transfer limitations. You must complete your transfers before a certain date to use the 0% intro APR period. Otherwise, you'll accrue the standard interest rate.
13.49% to 17.99% variable
Balance transfer APR
0% intro for the first 12 months (then 17.99% variable)
$100 after spending $1,500 in the first 90 days
5x points on gas at the pump, 3x points on groceries and 1x points on all other purchases
The Costco Anywhere Visa® Card by Citi doesn't offer quite as high a rewards rate on gas as the PenFed Platinum Rewards Visa Signature® Card. But it comes close, and it offers excellent cash back on travel.
Cash back. Earn 4% cash back on eligible gas for the first 7,000 in purchases per year, then 1%. Earn 3% cash back on eligible travel, 2% on all Costco and Costco.com purchases and 1% on all other purchases.
No annual fee. If you already shop regularly at Costco, you might think of this card as a no-annual-fee product. Otherwise, the card essentially goes for $60 a year, the cost of an annual Costco membership.
No foreign transaction fees. Use your card freely online with foreign merchants or when traveling abroad and you won't pay any foreign transaction fees.
No intro APR period. There's no 0% intro APR period on purchases or balance transfers, and you won't get a 0% deferred interest on your purchases.
No signup bonus. Most cashback cards let you earn a certain amount of cash bonus within the first months of card membership. But this card, doesn't have any signup bonus.
Balance transfer APR
4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases
This card offers a great cashback rate on eligible gas and transit. But the real stars of the show are the even higher accelerated cash back at US supermarkets and on select US streaming subscriptions. If you spend a lot on gas but spend even more on groceries, try this product.
Cash back. On up to $6,000 per calendar year in purchases, you'll earn 6% cash back at US supermarkets. Once you hit the spending cap, you'll earn 1% back for the rest of the year. You'll also earn 6% cash back on select US streaming subscriptions, as well as 3% cash back at US gas stations and 3% cash back on transit such as rideshare and parking. Earn 1% back on other eligible purchases.
Welcome offer. Earn $250 back after you spend $1,000 in purchases on your card within the first three months of card membership.
Intro APR. Get 0% on purchases for 12 months following your account opening, and 13.99% to 23.99% variable after that.
Foreign transaction fees. Try to avoid using this card abroad or online with foreign merchants. Otherwise, you'll pay a 2.7% fee of the amount of each transaction.
0% intro for the first 12 months (then 13.99% to 23.99% variable)
Balance transfer APR
$250 after spending $1,000 in the first 3 months
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
If you can consistently earn 20 cents a gallon in Fuel Credits, this card can give you a better rewards rate than the Chevron and/or Texaco Techron Advantage Visa® Card. In that sense, the Chevron and/or Texaco Techron Advantage Visa® Card may be the best gas-station card you'll find.
Rewards. Earn Fuel Credits as you pump gas at Chevron and Texaco stations. These are redeemed as statement credit. When you fill up at Chevron and Texaco stations, you'll earn 3 cents per gallon in fuel credits. Visa Spend Fuel Credits expand your earnings. If you spend $300 to $999.99 with non-fuel merchants in a month, you'll earn 10 cents per gallon in fuel credits. If you spend $1,000 or more with non-fuel merchants in a month, you'll earn 20 cents per gallon in fuel credits. This is the rewards tier you want to aim for, as it can give you an excellent rewards rate on fuel purchases.
No annual fee. The card doesn't cost anything to own.
High APR. If you can't pay your balance in full before the due date, expect to pay a high APR of 26.99% variable.
Foreign transaction fee. The Visa version of the card has a 3% foreign transaction fee on purchases made abroad or online with foreign merchants.
Balance transfer APR
20 cents per gallon for the first 90 days at Chevron and Texaco stations
3 cents per gallon at Chevron and Texaco, 10 cents/gal after spending $300 on non-fuel purchases each month and 20 cents/gal after spending $1000 on non-fuel
How we selected our top cards
We compared a few factors when selecting the best gas credit cards of 2020. These factors included eligible gas stations, points or cash back earned per dollar spent, rewards point value when redeemed, annual fees, introductory APRs and other perks or features a consumer might look at when selecting a gas credit card. The cards that stood out were some of the top performers in one or several of these areas, earning spots on our list.
What’s changed in 2020
The usual contenders are holding strong this year. Amex continues to offer excellent rewards on everyday purchases. PenFed’s product is still the one to beat, with stellar rewards on gas at the pump.
The only difference this year is that the Blue Cash Preferred® Card from American Express no longer offers a 0% intro APR period on balance transfers. This, however, doesn’t make the card any weaker for earning cash back on gas purchases.
What is a gas card?
A gas credit card offers rewards when you spend on fuel. These rewards can come in the form of discounts, cash back, points or miles.
For example, a gas card might give you fuel credits that reimburse you after you fill up. Another gas card might offer bonus points as you fill up, which you can redeem for flights, hotel stays and more.
What makes a good gas card?
Generally, the higher the savings or better the rewards, the stronger the gas card.
One gas card might offer 3 cents off every gallon of gas, while another might offer 6 cents off every gallon of gas. Everything else being equal, the latter card is better.
Normally, the base rewards rate for general credit cards is 1 point earned for every dollar spent. However, a gas card might offer 5 points per dollar you spend on fuel.
Two types of credit cards with benefits on gas purchases
There are two major types of credit cards with gas rewards: gas-station cards, which are affiliated with oil companies, and general-rewards cards that offer bonus points, miles or cash back on gas purchases.
Gas-station credit cards
These cards give you discounts or rebates for gas. Most major oil companies — Shell, BP, Chevron, ExxonMobil and the like — offer their own credit cards.
Here’s an example of a discount: When you use your card at the pump, you’ll automatically save 10 cents per gallon of gas you buy.
Here’s an example of a rebate: When you use your card for non-gas purchases, you’ll earn gas rebates at a 1% rate. After you use your card for eligible gas, your rebates will be redeemed automatically for statement credit.
Gas-station cards may be closed-loop, meaning they can only be used at gas stations owned by the affiliated oil company.
Alternatively, they may be cobranded with a major payment network such as Visa or Mastercard. These cards can be used with their affiliated gas companies and anywhere else that accepts cards in their payment networks.
Your gas-station card may give you larger discounts as you make a certain amount of purchases each month. At the same time, it may limit the number of gallons on which you can receive a discount per fill up. To understand exactly what you’re getting for rewards, check your card’s terms and conditions.
General-rewards credit cards
These cards aren’t affiliated with specific gas companies, but they offer elevated rewards on general gas purchases.
For example: A card might offer 4% cash back on gas, which is an excellent rate. It might also offer elevated rewards in different categories, such as travel and dining.
Some rewards credit cards may limit the number of gas purchases you earn elevated rewards on, such as $6,000 annually. Once you’ve reached that threshold, your gas purchases will typically earn rewards at the base rewards rate — usually 1%.
After you accumulate rewards, you can often redeem them for statement credit, bank deposits, gift cards, travel, merchandise or other options offered by your credit card issuer.
Gas credit cards vs. general rewards credit cards
Gas credit card
Rewards credit card
Can often only be used at gas stations affiliated with a single company.
Can be used almost anywhere.
May offer instant discounts on gas purchases.
Allows you to accumulate rewards that you can redeem later.
Typically has higher interest rates.
May offer lower interest rates. May also offer promotional interest rates on purchases and balance transfers.
Potentially low credit limit.
Chance for a higher starting credit limit.
Typically, no rewards on gas purchases with other gas stations.
Earn rewards on all gas purchases.
Usually requires good to excellent credit.
How to choose a gas credit card
Gas benefits are likely most important to you, but other features of each card — such as fees and additional perks — might factor into your decision.
Decide whether you want to be tied to a specific gas-station brand. If you get fuel with one company, a gas-station card might offer attractive benefits. Otherwise, you might like a general-rewards card you can use at different gas stations.
Initial bonus. For a gas-station credit card, you might receive more fuel credits or a bigger discount on gas purchases during an initial period. For a general-rewards card, you might receive a welcome bonus for spending a certain amount on your card within a specified period.
APR. Gas-station cards tend to have very high APRs. Consider paying off your balance in full each month to avoid expensive finance charges if you end up going with one.
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 if your potential for rewards earned will offset the card’s cost.
Other rewards and perks. While your primary goal is to find a credit card that will reward you for gas purchases, any other rewards you receive will only sweeten the deal. A general-rewards card is more likely to offer elevated rewards in additional categories.
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, choose a general-rewards product that pays rewards on all gas purchases, regardless of the brand.
Watch out for gas stations that charge more for credit-card purchases. Many gas stations charge different prices for cash and credit-card purchases. Cash purchases get a discount, while credit card purchases are charged a few cents more per gallon.
Buy all your fuel with your gas card. You’ll save the most money — and earn the most rewards — when you make your gas purchases exclusively with your gas card.
You spend a lot on gas each month. A gas credit card will give you a big break on gas costs if you spend several hundred dollars or more each month on gas.
You pay your balance in full each month. Pay special attention if you have a gas-station card, as it likely has a very high APR. Paying your balance in full every month lets you avoid paying interest on your purchases. If you carry a balance from month to month, however, you’ll accrue finance charges that will offset your gas rewards.
Compare gas rewards cards
Want a close look at your gas card options? Select your credit score from the options below and click “Show cards” to start comparing side-by-side.
A gas credit card is a smart choice if you’re constantly filling up. Consider a gas-station card if you buy fuel with one company; otherwise, a general-rewards card may be a better pick.
This depends on your card issuer. To make sure, give your issuer a call or read your card’s terms and conditions. For general-rewards cards, rewards typically don’t expire as long as your account remains open and in good standing.
Yes, they often have signup bonuses. Typically, you’ll receive a larger discount on gas purchases for a certain period.
Look for a payment-network logo on your card — for example. Visa or Mastercard. If you see one, you can use it outside of the specified gas station. If you don’t see one, your card is probably closed-loop.
You may be approved for a gas-station credit card even with less-than-perfect credit. But general-rewards cards typically require good to excellent credit scores.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
Kevin Joey Chen is a credit cards writer whose work and analysis have appeared on CNN, U.S. News & World Report, The Dallas Morning News, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order and expertly navigate the cutting-edge financial tools available -- including credit cards, apps and budgeting software.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.