What’s a necessary expense that you likely spend a good portion on each week and month (at least, if you’re like the majority of Americans)? Gas and fuel. You might as well be earning miles and points, or even cash back, for all that spending you’re doing. Here are some of the best credit cards to consider for your gas and fuel purchases.
Amex EveryDay Preferred
The Amex EveryDay Preferred credit card from American Express gives you 2x points at U.S. gas stations, but also 3x points at U.S. supermarkets (up to $6,000 per year) and 1x points on everything else. If you use your card 30 or more times during a billing period, you’ll receive an additional 50 percent more points on the purchases made in these categories.
The annual fee for this card is $95 and you get a welcome bonus of 15,000 points after you make $1,000 in purchases in three months.
Amex Membership Rewards points are worth about 2 cents each.
Wells Fargo Propel American Express Card
With the Wells Fargo Propel card (read more), you’ll receive 3x points on gas station purchases, as well as 3x points on travel purchases — flights, hotels, Airbnb, rental cars, Uber, dining, you name it. You’ll even earn 3x points on your Netflix subscription, and other similar services!
Better yet, there’s no annual fee.
Currently, you can earn 30,000 bonus points when you spend $3,000 on purchases in the first three months, or a $300 redemption value.
Citi Premier Card
The Citi Premier card gives you 3x points on gas and all travel purchases, plus 2x points on dining and entertainment.
The annual fee is $95, but it’s waived the first year.
Citi points are worth a little bit less than American Express points, but not by much and Citi has 15 different travel partners that you can transfer points to, for a great value.
Hilton Honors American Express Ascend
The Hilton Honors Ascend card (read more) offers cardholders 6x Hilton Honors bonus points for each $1 spent at gas stations, restaurants and supermarkets. Above and beyond that, you get 12x Hilton Honors bonus points for each $1 that you spend directly with a Hilton property. Then, earn 3x points for all other purchases.
The annual fee is $95.
Do note that this card is really only suitable for those who really like Hilton and plan on using the Hilton-related perks that the card comes with. While 12x and 6x points seems like a lot, the points themselves are only valued at about half a cent, making them not as valuable as some other points.
Blue Cash Preferred from American Express
The Blue Cash Preferred card (read more) gives you 3 percent cash back at gas stations, plus 6 percent cash back at U.S. supermarkets (up to $6,000 in purchases per year) and 3 percent back at select department stores. You receive 1 percent back on all other purchases.
The annual fee is $95 and then you also receive a $200 statement credit after you spend $1,000 in purchases within the first three months.
Do note that this is a cash back card, so really only great if you’re specifically wanting to earn cash back, not points and miles.
Other cardholder benefits include car rental loss and damage insurance and travel accident insurance.
Ink Business Cash Credit Card
If you’re a business owner or entrepreneur looking for a good business card that rewards you for spending on gas, look into the Ink Business Cash℠ Credit Card.
It offers 5 percent cash back on the first $25,000 you spend in combined purchases that include office supplies and internet services, among others. Then, there’s 2 percent cash back on the first $25,000 you spend at gas stations and restaurants each year, combined.
There’s no annual fee for this card. The bonus offer includes $500 bonus cash back after you spend $3,000 on purchases within the first three months.
Extra cardholder benefits include roadside dispatch, purchase protection and travel and emergency assistance.