topic Re: Best Gas Card? in Credit Cards

Best Gas Card?

Anonymous — Thu, 11 Oct 2012 16:36:11 GMT

Can anyone recommend some good (and obtainable) gas cards? I'm a student who makes $20,000. Good scores of about 720 w/no baddies.

Re: Best Gas Card?

Jlu — Thu, 11 Oct 2012 17:15:17 GMT

It would help to know where you're from so we don't reccomend a gas card for a station that isn't in your state.

Re: Best Gas Card?

Anonymous — Thu, 11 Oct 2012 17:26:17 GMT

What other cards (limit and app dates) do you have and who do you bank with? I find my US Bank Flexperks VIsa Signature to be my best gas card.

I had a prior relationship with US Bank, so it wasn't so hard to get. I got the card when I was 20 years old. Just find a good card from your bank that offers bonus points on gas purchases.

Re: Best Gas Card?

pastnow123 — Thu, 11 Oct 2012 17:49:01 GMT

PenFed offers 5% on gas, but you need to get a membership and have a decent credit score to qualify

Re: Best Gas Card?

sakhalin070 — Fri, 12 Oct 2012 01:19:24 GMT

If you don't mind rotating categories, you could give the Chase Freedom and Discover More a shot. The calendar for 2013 has not been released yet, but the 2012 calendar included gas in two of its categories. As a student you could also try the Discover Open Road where it gives you 2$ cashback on gas (and restaurants) but the catch is the 2% cashback is capped at $250 per billing period.

I heard one needs excellent/stellar credit for the PenFed card...

Re: Best Gas Card?

Anonymous — Fri, 12 Oct 2012 01:35:27 GMT

@pastnow123 wrote:
PenFed offers 5% on gas, but you need to get a membership and have a decent credit score to qualify

+1 PenFed's gas card may be the best. If that's not attainable, you could look at the Bank of America 1-2-3 card.

Re: Best Gas Card?

Anonymous — Fri, 12 Oct 2012 01:43:05 GMT

@sakhalin070 wrote:
If you don't mind rotating categories, you could give the Chase Freedom and Discover More a shot. The calendar for 2013 has not been released yet, but the 2012 calendar included gas in two of its categories. As a student you could also try the Discover Open Road where it gives you 2$ cashback on gas (and restaurants) but the catch is the 2% cashback is capped at $250 per billing period.

I heard one needs excellent/stellar credit for the PenFed card...

The Amex Blue Cash Everyday gives 2% cashback on gas with no cap.

I don't think there is one gas card to rule them all. I have four cards for gas purchases depending on the current promotions:

Walmart card for the current rollback -- 15 cents/gallon discount -- or the regular 3 cents/gallon discount
Blue Cash Everyday for 2% back when the Walmart card isn't offering the rollback (or when I'm not near a Murphy station)
Discover More and Chase Freedom for when they offer 5% back

Re: Best Gas Card?

trumpet-205 — Fri, 12 Oct 2012 03:24:03 GMT

How much do you spend on gas? If you spend a lot it makes sense to get BofA 123 Cash Reward for 3% CB on gas.

Penfed 5% tops BofA, but it is much easier to obtain BofA CC than Penfed.

Re: Best Gas Card?

DeadSpider — Fri, 12 Oct 2012 08:30:56 GMT

Try Chevron or Shell card if your looking no fancy card without or little rewards.

Re: Best Gas Card?

AF_23 — Fri, 12 Oct 2012 11:12:19 GMT

BoA 1-2-3 card

Re: Best Gas Card?

gijoe4500 — Fri, 12 Oct 2012 12:17:13 GMT

my paypal extras card gives 3x points on gas. and if you exchange points for cash back, it works out to 2.5% cash back. if you go with gift cards, i believe you get a full 3%.

Re: Best Gas Card?

trumpet-205 — Fri, 12 Oct 2012 18:56:29 GMT

PayPal actually work out as 1.8% CB on gas (0.6 * 3). Might be close to 2.5% on gift card. Either way it is not a good card if you want reward. Reward do expire in 2 years.

You can get 3.3% CB on gas with BofA if you open a eBanking account too.

Re: Best Gas Card?

gijoe4500 — Fri, 12 Oct 2012 19:29:36 GMT

@trumpet-205 wrote:
PayPal actually work out as 1.8% CB on gas (0.6 * 3). Might be close to 2.5% on gift card. Either way it is not a good card if you want reward. Reward do expire in 2 years.

You can get 3.3% CB on gas with BofA if you open a eBanking account too.

where do you get the .6 from for Paypal? 6000 points gets you $50. So each point is worth 0.0083 cents. Which works out to 2.5%. 3 x 0.0083 = 0.0249. or 2.5%.

Re: Best Gas Card?

amac373 — Fri, 12 Oct 2012 20:23:31 GMT

I say go with the BoA 123. I am currently using it for gas because my Discover More and Chase Freedom don't have 5% on gas this quarter. As long as I have one of my cards in rotation getting money back on gas I am a happy camper. Good luck!

Re: Best Gas Card?

Anonymous — Sat, 13 Oct 2012 00:32:39 GMT

I use either my Hhonors 6pts/$1 or flexperks signature 5% back towards travel