10 best credit cards for buying gas

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With gas prices hitting new highs, there’s never been a better time to use your credit cards to save at the pump. Fortunately, many credit cards offer substantial savings at gas stations and even at the fuel centers of your favorite outlet store. Here are the top 10 cards you can use to save money on your next fuel purchase.

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Costco Anywhere Visa Credit Card by Citi

While many credit cards offer bonus rewards for gas purchases, most offers exclude outlet stores like Costco. But this card is special because it offers bonus cash back for gas purchases at Costco, which often has the lowest prices in the area. With this card, you get 4% cash back on up to $7,000 in gas purchases each year at Costco or any other gas station. You also earn 3% cash back at restaurants and on eligible travel purchases, 2% cash back on Costco and Costco.com purchases, and 1% cash back on all other purchases. There is no annual fee for your card with your paid Costco membership.

PenFed Platinum Rewards Visa Signature Card

PenFed is the second largest federal credit union in the United States and its Platinum Rewards Visa Signature® card stands out by offering 5x points on gas purchases as well as electric vehicle charging. You also earn 3x points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services, and one point per dollar spent on all other purchases. Points can be redeemed for gift cards, travel reservations and other rewards. New cardholders can also earn 15,000 bonus points after spending $1,500 within 90 days of account opening and enjoy 12 months of 0% APR funding on balance transfers, with transfer fees 3% balance. There is no annual fee for this card.

Citi Personalized Money

If you spend a lot of money on gas, the Citi Custom Cash card could give you an amazing 5% cash back on your gas purchases. This card offers 5% cash back on purchases in your highest eligible spend category each billing cycle, up to $500 spent. You earn unlimited 1% cash back on all other purchases. Categories eligible for 5% cash back include gas stations, but also restaurants, grocery stores, some travel, some public transportation, some streaming services, pharmacies, home improvement stores, sports clubs, and more. fitness and live entertainment. New applicants can also earn $200 after spending $750 on purchases within three months of account opening, and enjoy 15 months of interest-free financing on new purchases and balance transfers, with transfer fees 3% balance. There is no annual fee for this card.

Citi Premier Credit Card

This card stands out by offering bonus travel rewards points for your gas purchases. With this card you will earn 3 times more ThankYou® points not only at gas stations, but also in restaurants, supermarkets, air travel and hotels. You earn a thank you point on all other purchases. Points can be redeemed for gift cards, travel reservations and purchases on Amazon.com, or transferred into airline miles with select travel partners. New applicants earn 60,000 bonus points after spending $4,000 within three months of account opening. Perks include $100 off a $500 hotel stay. There is a $95 annual fee for this card.

This has great cash back offers including 3% back at US gas stations as well as for public transit purchases including taxis, rideshares, parking, tolls, trains and buses. bus. You also earn 6% cash back on up to $6,000 spent annually in US supermarkets and unlimited 6% cash back on purchases of select US streaming subscriptions. New applicants can earn $300 in cash after using the card to spend $3,000 within six months of opening the account. New accounts also receive a generous introductory APR on purchases. There’s a $95 annual fee for this card, but it’s waived the first year.

This card gives you the flexibility to earn 3% cash back on a category of your choice. Categories include not only gasoline, but also online shopping, restaurants, travel, drug stores, and home improvement/furnishings. You can switch categories each month, and you’ll also earn 2% Cash Back at Grocery Stores and Wholesale Clubs (on the first $2,500 of combined Choice Category/Grocery Store/Wholesale Club purchases each quarter) and 1% cash back on all other purchases . Bank of America Preferred Rewards members earn an additional 25% to 75% cash back on every purchase.

New applicants can also earn a $200 cash rewards bonus after using their card to make at least $1,000 in purchases within 90 days of account opening. New accounts also receive a very generous introductory APR on purchases and balance transfers made within 60 days of account opening. There is no annual fee for this card.

Hilton Honors American Express Surpass Card

If you dream of taking a luxury vacation, this card can bring you a little closer each time you fill up. It offers 6x Hilton Honors points for every dollar spent at US gas stations. You also earn 6x points at US supermarkets and on meals at US restaurants, including takeout and delivery. You earn 12 times the points at Hilton hotels and resorts, and even 3 times the points per dollar spent elsewhere.

New applicants can earn 130,000 bonus points plus a free night reward after spending $2,000 on purchases within three months of account opening. Other perks include Honors Gold status and a free weekend night after you use your card to spend $15,000 in a calendar year. There is a $95 annual fee for this card.

US Bank Altitude Connect Visa Signature Card

This is another card that offers great rewards for gas purchases. You earn 4x points at gas stations, but also on travel purchases and even at electric vehicle charging stations. This card also offers 5x points on prepaid hotels and car rentals booked directly through the Altitude Rewards Center, and 2x points for grocery store purchases, grocery delivery, dining and streaming services. You earn one point for every dollar spent elsewhere, and points can be redeemed for merchandise, gift cards, cash back, travel and more. New applicants can also earn 50,000 bonus points after spending $2,000 in the first 120 days of their account. Other perks include a $30 credit towards annual purchases of streaming services like Netflix, Apple TV+, Spotify and more. You also get up to $100 in statement credits for TSA PreCheck or Global Entry application fees, once every four years. There is a $95 annual fee for this card which is waived in the first year.

Wyndham Rewards Earner Plus Card

This card offers an exceptional 6 points per dollar spent at gas stations and Wyndham hotels. You also earn 4x points on restaurants and groceries, and one point per dollar spent elsewhere. New applicants also earn 45,000 bonus points after spending $1,000 on purchases within 90 days of account opening.

Free nights start at 7,500 points per night, but can also cost up to 30,000 points. However, Wyndham offers reward nights at many hotels and vacation rental properties for just 15,000 points per night. Benefits include Wyndham Platinum status and a 10% discount on points redeemed for free nights. New accounts also receive 15 months of 0% APR funding on balance transfers made within 45 days of account opening. There is a $75 annual fee for this card, and you receive 7,500 bonus points each year you renew your membership and pay your annual fee.

Sam’s Club Mastercard credit card

The Sam’s Club Mastercard is special since gas purchases at outlet stores are generally excluded from earning bonus points with most credit cards. With this card, you can earn 5% back in Sam’s Cash on gas wherever Mastercard is accepted (on your first $6,000 spent each year, then 1%). Plus members earn 3% back in Sam’s Cash on Sam’s Club purchases, while standard Club members earn 1% cash back. You also earn 3% back in Sam’s Cash on restaurant and takeout purchases. Plus members also earn 2% in Sam’s Cash on club purchases and all cardholders earn 1% back on all other purchases. There is no annual fee for this card.

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At the end of the line

High gas prices can make a trip to the pump a pain, but it doesn’t have to be as bad as you feared. By using the right credit card to earn bonus rewards on your gas purchases, you can earn cash back or travel rewards that can make your expensive gas purchases a bit easier.

Rates and fees are correct as of March 15, 2022. Rates, offers and requirements are subject to change.

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About the Author

Jason Steele is a journalist specializing in coverage of credit cards, reward travel and other areas of personal finance. As one of the nation’s leading credit card industry experts, Jason’s work has been featured in mainstream outlets such as Yahoo! Finance, MSN Money and Business Insider. Jason is also well known within the travel rewards enthusiast community as a senior points and miles contributor for The Points Guy and other outlets on airline rewards and family travel topics.

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