Best Credit Card for Gas

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As a financial expert, I understand the importance of finding the best credit card for your needs. For many people, one of the biggest expenses is gas, whether they’re commuting to work or running errands around town. That’s why finding a credit card that offers rewards specifically for gas purchases can be a game-changer.

In this article, we’ll go over the top credit cards for gas, as well as some factors to consider when choosing the best one for you. We’ll also provide tips for maximizing your rewards and answer some common questions about credit cards for gas.

Factors to Consider When Choosing a Credit Card for Gas

Before we dive into the top credit card options, let’s go over some key factors to consider when choosing a credit card for gas:

  • Rewards program: One of the main reasons to get a credit card specifically for gas is to take advantage of rewards. Look for a card that offers cash back, points, or other rewards specifically for gas purchases. Some cards may also offer other types of rewards, such as travel, groceries, or dining, so consider your spending habits and what rewards will be most valuable to you.
  • Gas station exclusions: Some credit cards may have exclusions on which gas stations you can earn rewards at. For example, a card may only offer rewards at a certain chain of gas stations. Make sure to check which stations are included before signing up for a card.
  • Annual fees: Many credit cards for gas do not have annual fees, but some do. Be sure to weigh the value of the rewards against any annual fees to determine if the card is worth it for you.
  • Interest rates: As with any credit card, it’s important to pay off your balance in full each month to avoid accruing interest. If you think you may carry a balance from month to month, be sure to compare interest rates between different credit card options.

Top Credit Card Options for Gas

Now let’s take a look at some of the top credit card options for gas:

Discover it Chrome

The Discover it Chrome card is a great option for gas rewards, offering 2% cash back at gas stations and restaurants (up to $1,000 in combined purchases each quarter). Plus, new cardholders can take advantage of Discover’s “double cash back” promotion, where they’ll receive double the rewards earned in the first year. This card also offers 0% intro APR on purchases for the first 14 months and no annual fee.

Pros:

  • 2% cash back on gas and restaurant purchases
  • Double cash back promotion for new cardholders
  • 0% intro APR on purchases
  • No annual fee

Cons:

  • 2% cash back cap of $1,000 in combined purchases per quarter

ExxonMobil Smart Card

The ExxonMobil Smart Card is another great option for gas rewards, offering 6 cents off per gallon of gas at Exxon and Mobil stations. You’ll also earn 2 points per dollar spent on eligible purchases, with the option to redeem points for gift cards, merchandise, and more. This card has no annual fee and offers 0% intro APR on purchases for the first six billing cycles.

Pros:

  • 6 cents off per gallon of gas at Exxon and Mobil stations
  • 2 points per dollar on eligible purchases
  • No annual fee
  • 0% intro APR on purchases

Cons:

  • Limited to Exxon and Mobil stations for gas rewards

Chevron and Texaco Techron Advantage Card

The Chevron and Texaco Techron Advantage Card is another solid choice for gas rewards, offering 3 points per gallon of gas at Chevron and Texaco stations. You’ll also earn 1 point per dollar on other eligible purchases, with the option to redeem points for gift cards and merchandise. This card has no annual fee and offers 0% intro APR on purchases for the first six billing cycles.

Pros:

  • 3 points per gallon of gas at Chevron and Texaco stations
  • 1 point per dollar on other eligible purchases
  • No annual fee
  • 0% intro APR on purchases

Cons:

  • Limited to Chevron and Texaco stations for gas rewards

Tips for Maximizing Rewards on Your Credit Card for Gas

Now that you’ve chosen the best credit card for gas for you, here are some tips for maximizing your rewards:

  • Pay off balances in full each month: As we mentioned earlier, it’s important to pay off your credit card balance in full each month to avoid accruing interest. This will help you get the most value out of your rewards without paying extra in the long run.
  • Use your card for all gas purchases: To maximize your rewards, try to use your credit card for all gas purchases (as long as it’s within your budget, of course). This way, you’ll earn rewards on every gallon of gas you buy.
  • Take advantage of sign-up bonuses: Many credit cards for gas offer sign-up bonuses, such as a certain amount of cash back or points after you meet a spending threshold within the first few months. Be sure to take advantage of these bonuses to get a boost on your rewards.