Gas credit cards are becoming more popular due to tough economic times. With prices at the pump unlikely to fall below $3 a gallon in most cities across the nation, many drivers are seeking ways to save money. Rewards are typical with gas credit cards, and when you apply for these types of credit cards, you can earn cash back at gas stations and put the savings toward future gas purchases. It is a convenient way to compensate for rising fuel costs.
Here is a list of the best gas credit cards.
Apply for the ExxonMobile MasterCard and receive a rebate equal to $0.15 per gallon at Exxon and Mobile gas stations, plus up to 2% on other purchases up to $10,000 each year. You can review your statements online and make online payments, and there is the flexibility of selecting your payment due date. There is no annual fee.
Use your Marathon credit card at Marathon gas stations in the United States and earn a minimum rebate equal to $0.02 per gallon. Earn a $0.25 rebate when you spend $1,000 on the card each month, and a $0.15 rebate when you spend between $500 and $999 on your card each month. Redeem your rebate once you earn $25 and use your cash at any Marathon location. There is no annual fee.
Apply for the BP credit card by Chase and your purchases aren’t limited to gas stations. You receive a 10% rebate when you purchase fuel from a BP gas station. In addition to this rebate, you receive rebates equals to 4% on travel and dining and 2% on all other purchases when you use your card within the first two months. Thereafter, rebates for gas drops to 5%, and rebates for travel/dining and other purchases drops to 2% and 1%, respectively. There is no annual fee.
Earn 2% cash back at the pump each time you purchase fuel. Other incentives include 3% cash back at grocery stores and 1% cash back on all other purchases. There is no annual fee for the Blue Cash Everyday credit card, and once you’re approved, you can earn an additional $100 cash back if you spend $1,000 within the first three months. Enjoy 0% percent interest for the first 12 months and this American Express lets you pay your balance over time.
Apply for the Discover Open Road and earn 2% cash back at gas station throughout the year. It even offers a balance transfer offer and pay 0% interest for the first 15 months. There is no annual fee and you can request additional credit cards at no extra charge. Use this gas credit card for all your fuel purchases and quickly accumulate cash to put toward future fill-ups.