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With the right card in your wallet, you can maximize the cash back, points or miles you earn at the pump.

On average, Americans spent $1,968 on gasoline and other fuels in 2017, according to the Bureau of Labor Statistics. With the drastic increase in gas prices in 2022, that number has more than doubled to $5,000 a year, according to Yardeni Research. If you own a vehicle and spend that much or more on gas every year, it may make sense to get a cash rewards credit card for buying gas.

No, we’re not talking about the gas cards offered by gasoline companies like Shell and BP. The best rewards credit cards for gas stations offer accelerated rewards at gas stations, as well as great rewards on other everyday purchases you make.

Rewards Credit Cards for Gas Purchases

Gas Rewards Annual Fee

Costco Anywhere Visa® Card by Citi

4% cash back up to $7,000 in annual gas and EV charging purchases (and then 1% after)

$0†

Citi Premier® Card

3X ThankYou Points per $1 spent at gas stations

$95

Citi Rewards+® Card

2X ThankYou Points per $1 spent at gas stations up to $6,000 in annual purchases then 1X points after

$0

Citi® Double Cash Card

2% cash back on purchases, including gas stations

$0

Blue Cash Preferred® Card from American Express

Earn 3% cash back on gas from U.S. gas stations

$95

Blue Cash Everyday® Card from American Express

Earn 3% cash back on gas from U.S. gas stations, on up to $6,000 per year, then 1%

$0

Wells Fargo Active Cash® Card

2% cash rewards on purchases, including gas stations

$0

Rates and Fees

IHG® Rewards Premier Credit Card

5X IHG points per $1 spent on on travel, gas stations, and restaurants

$99

Ink Business Cash® Credit Card

2% cash back on your first $25,000 spent in combined annual purchases at gas stations and restaurants

$0

† Active Costco membership required

>>Review the methodology our credit card experts use to evaluate credit products and determine the best-in-class cards from our credit card partners, or skip to the most frequently asked questions about gas rewards.

Best Credit Cards for Gas Station Purchases From Our Partners

Depending on what else you spend your money on, these top rewards credit cards for gas station purchases will do a lot more than that. With all that in mind, here are our top choices from our partners.

Costco Anywhere Visa® Card by Citi

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  • Our Rating 4.5/5 Read the review
  • APR19.49% (Variable)
  • Annual Fee$0
  • $0 $0Cash Bonus

For Costco shoppers, you’ll gain exclusive access to apply to this lucrative, no-annual-fee card. This card offers impressive earnings on gas, Costco purchases and more.

Overview

The Costco Anywhere Visa® Card is a credit card from our partner Citi made exclusively for Costco members. It comes with 4% cash back on up to $7,000 in annual gas and EV charging purchases (and then 1% after), 3% back on restaurant and travel purchases, 2% back at Costco and Costco.com and 1% everywhere else. Aside from the $7,000 caveat, there are no other limits on what you can earn with this card.

Pros

  • Generous cash back on gas, restaurants, travel and of course, Costco purchases
  • No foreign transaction fees
  • No annual fee

Cons

  • No sign-up bonus
  • You’ll need a Costco membership to apply for the card

The Costco Anywhere Visa® Card by Citi, one of our partners, is a credit card made exclusively for Costco members. It comes with 4% cash back on up to $7,000 in annual gas purchases and EV charging purchases (and then 1% after), 3% back on restaurant and travel purchases, 2% back at Costco and Costco.com and 1% on other purchases.

One unique feature of the Costco Anywhere Visa Card is how you get your cash back. While most credit cards give you a monthly credit or a credit when you hit a certain rewards level, the Costco Anywhere Visa Card offers an annual rewards credit for all of your cash back earned. Also, this co-branded Citi credit card doesn’t have an annual fee, but you will need to be an active Costco member to enjoy its benefits.

Citi Premier® Card

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  • Our Rating 4.5/5 Read the review
  • APR20.24% – 28.24% (Variable)
  • Annual Fee$95
  • 60,000 60,000Citi ThankYou Points More Info

    Earn 60,000 bonus ThankYou Points after making $4,000 worth of purchases during the first three months of account opening. Dollar Equivalent: $1,080 (60,000 Citi ThankYou Points * 0.018 base)

If you’re looking for a versatile rewards credit card with a generous sign-up bonus and accelerated points earning in diverse spending categories, then you should know about the Citi Premier® Card, from our partner Citi.

Overview

This credit card offers its members a range of incentives, such as bonus points, gift cards and 1:1 point transfers with airline partners. One of the more unique features of the Citi Premier® Card from our partner Citi is that it offers 3x ThankPoints for every dollar spent at supermarkets, gas stations, restaurants and travel purchases. Plus, new cardholders can earn 60,000 ThankYou Points after spending $4,000 during the first three months of account opening.

Perks

  • Earn 3x ThankYou Points per dollar spent on travel, grocery stores, restaurants and gas stations
  • Annual $100 hotel savings benefit. Just book a hotel stay of $500 or more through thankyou.com or 1-800-THANKYOU to earn the discount.
  • No foreign transaction fees
  • Easily transfer your points to Citi’s airline partners

Pros

  • High reward rate on common categories of consumer spending
  • Points are easily transferable to airlines and hotel partners
  • No foreign transaction fees
  • Points never expire

Cons

  • $95 annual fee
  • No standout rewards category

More Details: The Citi Premier® Card, from our partner Citi, is worth considering if you’re looking for a travel credit card, but don’t want to pay a huge annual fee. The Citi Premier Card offers new cardholders a sign-up bonus of 60,000 ThankYou Points after spending $4,000 during the first three months of account opening.

Additionally, this Citi credit card offers a range of incentives, such as bonus points, gift cards and deals with retail partners. Best of all, you’ll get more value when you redeem points for flights, and potentially even better value when you transfer points to Citi’s travel partners.

Read our full review of the Citi Premier Card.

Citi Rewards+® Card

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  • Our Rating 4.0/5 Read the review
  • APR17.74% – 27.74% (Variable)
  • Annual Fee$0
  • 20,000 20,000Citi ThankYou Points More Info

    Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening Dollar Equivalent: $360 (20,000 Citi ThankYou Points * 0.018 base)

This is a unique Citi card from our partner Citi that earns ThankYou points, all for no annual fee. Your purchases will automatically round up to the nearest 10 points, making every little purchase count.

Overview

The Citi Rewards+ Card,  from our partner Citi, may be ideal for people who want to earn cash-back rewards for everyday spending, but do not want to pay an annual fee. It’s also a strong option for people who make frequent small purchases, since this credit card rounds each purchase to the nearest 10 points — even buying a $0.75 candy bar will earn you 10 points.

Pros

  • Great for small purchases: All transactions round up to the nearest 10 points
  • Get 10% of your redeemed points back each year (for the first 100,000 points redeemed annually)
  • No annual fee

Cons

  • 3% foreign transaction fee, don’t use this card abroad if you don’t have to

Citi Rewards+® Card, from our partner Citi, is a cash-back rewards credit card with no annual fee. The card includes unique features, including a round-up to the next 10 Thank You Points on any purchase and 10% back on redemptions. New cardholders can earn 20,000 bonus ThankYou Points after spending $1,500 in purchases within the first three months of account opening; redeemable for $200 in gift cards at thankyou.com.

When shopping with the Citi Rewards+ Card, you’ll earn 2x ThankYou Points per dollar spent at supermarkets and gas stations up to $6,000 in annual purchases (once you hit the annual cap, these purchases are worth 1x ThankYou Points per dollar). That means you can earn up to 12,000 points per year from these bonus category purchases. All other purchases outside of these bonus categories earn the card’s regular rewards rate of 1x point per dollar. Read our full review of the Citi Rewards+ Card.

Citi® Double Cash Card

Citi Double Cash

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  • Our Rating 4.5/5 Read the review
  • APR18.24% – 28.24% (Variable)
  • Annual Fee$0

The Citi® Double Cash Card, from our partner Citi, offers attractive and uncomplicated cash back for people who value a flexible credit card reward program.

Overview

The Citi Double Cash Card, from our partner Citi, offers attractive and uncomplicated cash back for people who value a flexible credit card reward program. The Citi Double Cash Card gives you the chance to earn 2% cash back on your purchases. You can receive 1% cash back when you make a purchase and an additional 1% cash back once you pay your bill.

Pros

  • No category bonuses to remember, unlimited 2% cash back on everything
  • Earns ThankYou Points, which gives the potential to unlock valuable travel rewards

Cons

  • Foreign transaction fees are applied
  • Limited perks

More Details: Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time.

This card doesn’t have the highest rewards rate you can find when it comes to the cash-back credit card category. But with no annual fee and an easy-to-use redemption process, the card is still a worthwhile cash-back candidate to consider. Read our full review of the Citi Double Cash Card.

Wells Fargo Active Cash® Card

Apply Now

Secure application on issuer’s website

Rates & Fees
  • Our Rating 4.0/5 Read the review
  • APR19.24%, 24.24%, or 29.24% (Variable)
  • Annual Fee$0
  • $200 $200Cash Bonus More Info

    $200 cash rewards bonus after spending $1,000 within the first three months of account opening

Simplicity and value is the name of the game with the Wells Fargo Active Cash Card. With a solid welcome offer that’s easy to earn, it’s one of the best cash-back cards on the market.

Overview

While many rewards credit cards tempt you with bonus rewards for specific purchases, these cards invariably offer a mere 1% rewards rate on the vast majority of charges that don’t qualify for a bonus. And with many of these cards, the amount of purchases that are eligible for your bonus is capped, restricting the overall potential value.

But with the Wells Fargo Active Cash® Card, you simply receive a high level of cash rewards on purchases. There’s no need to register for anything, and there are no limits on the amount of cash rewards you can earn.

Pros

  • Earn an unlimited 2% cash back on every single purchase
  • No annual fee
  • Automatic cellphone protection when you pay your monthly bill with the card

Cons

  • Points don’t transfer to travel partners unlike other card currencies
  • No bonus earning categories

Many rewards credit cards tempt you with bonus rewards for specific purchases, but with the Wells Fargo Active Cash® Card (Rates and Fees), you simply receive a 2% cash rewards on purchases. There’s no need to register for anything, and there is no annual fee to carry this credit card in your wallet.

Plus, you now get up to $600 of cellphone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card. (subject to a $25 deductible).

Wells Fargo Active Cash® Card applicants can earn a $200 cash rewards bonus after spending $1,000 on the card within the first three months of account opening. Additionally, new accounts receive a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers (19.24%, 24.24%, or 29.24% variable APR after low intro APR period). Qualifying balance transfers must be made within 120 days of account opening with a 3% fee. Then a BT fee of up to 5%, min: $5. Read our full review of the Wells Fargo Active Cash® Card.

IHG® Rewards Premier Credit Card

Apply Now

Secure application on issuer’s website

  • Our Rating 4.5/5 Read the review
  • APR20.24% – 27.24% (Variable)
  • Annual Fee$99
  • 175,000 175,000IHG Rewards Points More Info

    Earn 175,000 bonus points after spending $3,000 on purchases within the first three months of account opening Dollar Equivalent: $875 (175,000 IHG Rewards Points * 0.005 base)

With an impressive welcome offer and an unbeatable rewards rate, the IHG Rewards Premier Credit Card comes with a mile-long list of benefits. It even comes with automatic Platinum Elite status, which is almost unheard of for a card with a $99 annual fee.

Overview

Frequent customers of IHG hotels and other people who enjoy earning rewards nights for hotel stays and premium hotel status should consider picking up this card.

Pros

  • Generous rewards rate on IHG Hotels and Resorts purchases
  • Automatic IHG Rewards Platinum Elite status which gets you perks like upgrades
  • Free reward night every account anniversary, with the potential to be worth hundreds of dollars

Cons

  • Has an annual fee
  • Only makes sense if you plan to stay at IHG properties

The IHG® Rewards Premier Credit Card is a solid card, especially if you’re already a loyal IHG customer. The perks accompanying this co-branded Chase credit card are worth way more than the $99 annual fee. The IHG Rewards Premier Card comes with Platinum Elite Status, a free anniversary night every year and a free reward night for a consecutive four-night IHG hotel stay. It’s great for international travel because there are no foreign transaction fees.

This hotel credit card comes with an attractive offer — new cardholders can earn a sign-up bonus of 175,000 points after spending $3,000 in the first three months of account opening.  A sign-up bonus like this can go a long way towards free reward nights at participating IHG hotels around the world, including InterContinental, Crowne Plaza, Kimpton, EVEN Hotels, Indigo Hotels and Holiday Inn. Read our full review of the IHG Rewards Premier card.

Ink Business Cash® Credit Card

Apply Now

Secure application on issuer’s website

  • Our Rating 4.5/5 Read the review
  • APR17.49% – 23.49% (Variable)
  • Annual Fee$0
  • $900 $900Cash Bonus More Info

    This card offers you $900 in cash back after you spend $6,000 on purchases within three months of account opening.

Small business owners and sole proprietors who want flexibility in their credit card rewards will certainly benefit from this no-annual-fee card, especially if you spend on select categories.

Overview

The Ink Business Cash is legendary for its offer of 5% cash back for purchases at office supply stores and on many telecommunications services, with no annual fee. And while 5% cash back sounds great, these rewards can be much more valuable when paired with another Chase credit card that allows transfers to airline miles or hotel points. In addition to earning excellent cash-back rewards, it also includes competitive introductory offers and provides cards for employees at no additional charge.

Pros

  • No annual fee
  • 5x back on a broad array of business spending categories
  • Robust travel and purchase protections
  • Don’t need a full-fledged business to apply

Cons

  • Businesses that don’t spend on the category bonuses won’t benefit

The Ink Business Cash® Card is a valuable business cash-back card for entrepreneurs of all types. Earn an impressive rewards rate of 5% cash back on select business purchases. These include the first $25,000 you spend each account anniversary year at office supply stores and on phone, cable and internet services. Ink Business Cash also offers 2% cash back on up to $25,000 in combined purchases at restaurants and gas stations. You’ll earn 1% cash back on virtually all other purchases.

As a new cardholder, get $900 in bonus cash back when you make $6,000 worth of purchases within the first three months of account opening. Read our full review of the Ink Business Cash.

Best American Express Credit Cards for Gas Station Purchases

The Blue Cash Preferred® Card from American Express

  • Our Rating 4.5/5 Read the review
  • APR18.24% – 29.24% (Variable)
  • Annual Fee$95
  • $250 $250Cash Bonus More Info

    Earn a welcome bonus of $250 once they spend $3,000 with the card during their first six months of card membership

The Blue Cash Preferred offers outstanding rates of cash back on common household purchases like groceries, streaming services, gas stations and transit. If you have significant spending on these categories and care about cash back, then this card is for you.

Overview

It’s rare for a cash-back credit card to charge an annual fee, but it’s even more unexpected to earn a whopping 6% cash back at U.S. supermarkets and with select streaming services. Big families will undoubtedly offset the cost of the annual fee without having to stride outside their normal spending habits.

Many large households will naturally spend $6,000 annually at supermarkets, and with 6% cash back — the card returns $360 of your budgeted grocery bill. That’s nearly four times the annual fee.

This credit card may also be ideal for families who spend a lot of time commuting around the city and who also have multiple U.S. streaming subscriptions, too. The Blue Cash Preferred® Card from American Express is definitely designed to help busy households maximize their cash-back earnings.

Pros

  • An extensive array of category bonuses including up to 6% back at U.S. supermarkets
  • $0 annual fee the first year, then $95
  • An array of purchase and travel protections

Cons

  • Rewards are earned as pure cash back with no ability to transfer to Amex’s travel partners
  • There’s an annual fee after the first year

The Blue Cash Preferred® Card from American Express is designed to help on-the-go households maximize cash-back earnings. While this card carries an annual fee after the first year, which is rare for a cash-back product, large families that spend heavily on gas and groceries will most likely spend enough to offset the $95 annual fee.

The card earns 6% back at U.S. supermarkets, up to $6,000 each calendar year (then 1%) and 6% back on select U.S. streaming services. You’ll also earn 3% back on fuel purchases at U.S. gas stations and 3% on transit expenses, including parking, tolls, bus fare and more. All other eligible spending earns 1% cash back.

New cardholders have the opportunity to earn a welcome bonus of $250 once they spend $3,000 with the card during their first six months of card membership. Learn more with our full review of the The Blue Cash Preferred® Card from American Express.

Blue Cash Everyday® Card from American Express

  • Our Rating 4/5 Read the review
  • APR18.24% – 29.24% (Variable)
  • Annual Fee$0
  • $200 $200Cash Bonus More Info

    Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.

The Blue Cash Everyday Card is one of the best cash-back American Express cards with no annual fee. It earns a solid 3% cash back on groceries, U.S. online shopping purchases and gas, on up to $6,000 per year.

Overview

The Blue Cash Everyday® Card from American Express offers good value among cash back rewards card competitors with no annual fee. Between its competitive grocery rewards rate and the $200 welcome bonus offer, it’s easy to extract a lot of value from this card.

If you want to earn cash back on everyday purchases but don’t feel like your household budget is high enough to justify a more premium card with an annual fee, this card might be a good choice.

Pros

  • Earn cash back on valuable everyday spending categories
  • No annual fee to worry about

Cons

  • Not ideal for high spenders as 3% cash back is capped at $6,000 per year
  • Bonus categories are not for everyone

For a card with no annual fee, the Blue Cash Everyday® Card from American Express offers an impressive amount of value. Right off the bat, new cardmembers can earn a $200 Welcome Bonus as a statement credit. To earn this welcome offer, you have to spend at least $2,000 on purchases using the card over the first six months (Terms Apply). This will get you a $200 statement credit.

This card earns 3% cash back per dollar spent at U.S. supermarkets, up to $6,000 each calendar year (then 1%) and 2% back on gas from U.S. gas stations. All other eligible purchases earn 1% back.

If you’re looking for a simple card to get cash back and earn a bonus on the popular groceries and gas categories, this card could fit your spending needs. Check out our full review of the Blue Cash Everyday® Card from American Express.

Rewards Credit Cards for Gas Versus Oil-Company Gas Cards

So, you know you want to be rewarded at the pump, but you still aren’t sure if you should go for a rewards card with gas perks or an oil-company card? We’ll help you do the math.

Many rewards cards will allow you to earn points or cash back on the amount you spend on fuel. You will earn the same percentage back on any U.S. gas station you use, so you don’t have to be a company loyalist. Even better, cash rewards credit cards come with other perks, as well as more opportunities to earn points or cash back on other spending. You can choose a card based on your spending habits to reap the most rewards.

Co-branded oil-company cards typically offer cents off per gallon or cents per gallon rebates. Gas credit cards that are more than just loyalty rewards credit cards tied specifically to the gas station will allow cardholders to earn cents per gallon per dollar spent elsewhere. For example, the Techron Advantage Visa card allows cardholders to earn 20 cents per gallon at Chevron and Texaco for the 90 days after opening an account.

There are pros and cons to both cards and the right card depends on your unique spending situation and credit score.

Gas Card Pros

  • Better chance of approval: Individuals who are working to rebuild their credit or who have been rejected from popular rewards credit cards are more likely to be approved for a gas card.
  • Card limit: If you are afraid of overspending, gas cards come with smaller credit limits, so there is a less likely chance you will get yourself into unbearable debt.
  • Comes with limited protection: Most gas cards come with some level of fraud protection which makes it a better choice than using a debit card at the pump.
  • Cents off each gallon: Gas cards give you the opportunity to save money on what you are already spending. You might only earn an additional $50 to $100 per year, but that is more than if you were to pay with your debit card.

Gas Card Cons

  • High APRs (interest rates): You don’t want to hold a balance on these cards because the interest rates are high and will cost you more than any cents per gallon saved or earned.
  • Limited rewards
  • Reward caps

Cash Rewards Credit Cards Pros

  • Earn more back on a variety of spending
  • Redeem rewards on what you want, not just gas
  • Better APRs (interest rates)

Cash Rewards Credit Cards Reward Card Cons

  • Stricter credit approval
  • Many cards come with an annual fee

How to Choose a Credit Card for Gas Rewards

When choosing the right card for your gas rewards, don’t just look at how much you earn for spending. You want to compare these important factors too:

  • Rewards cap: Is there a limit to how much you can earn on your annual gas spending? Some cards might offer 5% cash back on gas for one quarter’s spending (usually three months) and then drop it down to 1%.
  • Annual fee: Annual fees are not an automatic deal-breaker, but you need to weigh the card’s perks against the fee.
  • Redemption value: How can you spend your gas rewards? Cards with redemption flexibility will allow you to use your rewards to benefit your budget rather than being wasted on programs that use points for magazine subscriptions.
  • Membership requirements: Some credit cards have warehouse membership fees and rules attached to it. For example, the Costco Citi card requires a $60 annual Costco membership, but you can earn 4% on gas purchases at other fuel stations.

How Much Money Can a Gas Credit Card Save You?

On average, Americans spend $5,000 per year on gas. Your number might be higher if you are a regular commuter or drive a large vehicle. With an average gas price of $3.85 per gallon, that comes out to almost 1,299 gallons per year. Using those stats, here’s how much you would save with a gas credit card versus a rewards credit card:

  • A gas card that saves 5 cents per gallon: $64.93
  • A rewards card that earns 2% back: $100
  • A rewards card that earns 3% back: $150
  • A rewards card that earns 5% back: $250

Choosing a cash rewards credit card that earns 2% or more cash back on gas will save you more on your gas purchases. While gas spending is pricey, there is probably another spending category (such as groceries or dining out) that you spend more on. Look for a card that will reward you both for gas purchases and your other frequent purchases.

Methodology

There are a lot of credit cards out there that offer bonus rewards on gas purchases or simply high rewards rates on every purchase you make. We picked our top five based on the overall value they can provide. We looked at the other bonus rewards rates the cards offer and focused on cards that provide extra cash back or points on purchases you’re likely going to make regularly.

In general, we focused on credit cards with no annual fee, so you don’t have to worry about figuring out how to make the card worth it every year. But in the case of the Blue Cash Preferred Card from American Express, we chose it because it makes it easy to recoup the annual fee every year.

Frequently Asked Questions on Gas Cards

  • The PenFed Platinum Rewards Visa Signature is the highest-earning card for gas purchases — it earns 5x points per dollar on gas at the pump, 3x points per dollar on groceries and 1x point per dollar spent everywhere else. Points are worth 1 cent apiece, so you’re getting about as high of a rewards rate on gas as possible. We like the PenFed Platinum Rewards Visa Signature Card because it focuses on giving you the best value at the pump. The only thing to keep in mind is that you need to join PenFed Credit Union in order to apply for the PenFed Platinum Card.

  • Nearly all gas stations accept most major credit cards, including Visa, MasterCard, American Express, Discover Card and others. The biggest gas station brands such as Shell, Chevron, Texaco, QuikTrip, Love’s and more take credit cards. Some gas stations might charge a fee for paying with a credit card.

  • Gas credit cards can be a good idea for people who have a long, daily commute or live in communities where gas prices are above the national average. When you drive a lot, you’ll earn points every time you fill your tank. Additionally, a gas credit card can be a valuable option for those who live far from work, shuttle kids to school and other other activities, drive trucks or SUVs, or travel by car for trips and leisure.

  • A gas-branded credit card is one issued by the oil companies, usually in partnership with a bank. Many gas-branded cards can only be used at that fuel station, but research each fuel companies’ offerings for exact rules. For example, Shell offers a Fuel Rewards Credit Card and a Fuel Rewards Mastercard. The latter can be used on non-Shell purchases and earns rebates on dining and select expenditures. Gas credit cards usually do not have any fees and allow you to save a set amount of cents off of each gallon of gas purchased. Some cards come with rewards on non-fuel purchases made at the fuel station too.

  • You can start by looking for a gas card that is accepted at services stations near you. Some options earn rewards regardless of which gas station you frequent, while others earn accelerated rewards for spending at specific brands. Consider credit cards that also earn rewards for non-gas purchases. Additionally, you can increase your fuel rewards by opening a gas card without an annual fee.

  • Gas credit cards work similarly to a store credit card. For example, if you have a Kohl’s or JCPenney credit card, you know that your card is only useful at those stores. Like all other credit cards, you will be required to pay a monthly minimum and any amount that is carried over to the next month will earn interest. Gas credit cards generally have a higher interest rate than average rewards cards. Since oil-company cards are limited, individuals with fair credit have an easier time being approved. Gas cards are a good option for those who have fair credit or those who are looking to rebuild their credit. Since you can only use the card for gas, it will be harder to rack up the bill, making it easier to keep track of.

  • If you don’t drive often or work from home, then a gas card may not be for you. Also, anyone who drives a hybrid, fuel-efficient, or eco-friendly vehicle might not spend enough on gasoline to justify a gas credit card.

  • A statement credit is money paid to your account by your card issuer. It essentially works the same as a cash payment to your account. Some rewards card issuers like American Express often offer statement credits as a payout for cash rewards or other point redemption. Statement credit can be used to pay down your card balance or they can remain on your statement as a positive account balance for future purchases.

BL

Ben Luthi

Ben Luthi is a personal finance and travel writer and credit card expert. He has a degree in finance from Brigham Young University and worked in financial planning, banking and auto finance before writing full-time for NerdWallet and Student Loan Hero. Ben is now a full-time freelance writer and enjoys traveling and spending time with his two kids. His work has appeared in several publications, including U.S. News & World Report, USA Today, Money, Success and Slickdeals.