cancel
Showing results for 
Search instead for 
Did you mean: 

best credit card for gas for my usage

tag
micvite
Frequent Contributor

best credit card for gas for my usage

Gas is by far my biggest spending category outside of dining, typically 300-500 a week spent on gas. That's not set to change until my new electric car gets ordered late next year. I know there are plenty of 3% cash back cards, theres even the 4% from PNC or the 5x points from penfed (not sure how great those are in terms of redemption). But what is the best rewards card for gas? either a 5% cashback or something that's going to be good on points that I can redeem for air travel at good rates (cap1 we're looking at you're terrible miles)

Edit: found the abound visa for 5% CB on gas, anything better for points?

Ex: 742, TU: 726, EQ: 733 03/31/2021
Discover it cashback: $10900
Citi DC: $13000
WF Propel: closed 2k
Amex BCED: $3000
Amex Gold: $NPSL
Amex Plat: NPSL
Cap1 QS: $3200
Cap1 VX $50k
VS CC: $2900
Kohls: $3000
Synchrony car care: $3000
citi best buy visa: $8500
51 REPLIES 51
username7
Contributor

Re: best credit card for gas for my usage

Citi Custom Cash or Sams Club MC - both 5%

Message 2 of 52
micvite
Frequent Contributor

Re: best credit card for gas for my usage


@username7 wrote:

Citi Custom Cash or Sams Club MC - both 5%


custom cash the limit is too low, id blow it in a week usually. the sams club might work but abound fcu has 5% no cap that i just found. hopefully something comes along with points preferably 

Ex: 742, TU: 726, EQ: 733 03/31/2021
Discover it cashback: $10900
Citi DC: $13000
WF Propel: closed 2k
Amex BCED: $3000
Amex Gold: $NPSL
Amex Plat: NPSL
Cap1 QS: $3200
Cap1 VX $50k
VS CC: $2900
Kohls: $3000
Synchrony car care: $3000
citi best buy visa: $8500
Message 3 of 52
CreditPacMan
Established Contributor

Re: best credit card for gas for my usage

If you can qualify for Preferred Rewards, the Bank of America Customized Cash rewards can give you as high as 5.25% on gas (for the highest tier). 

Current Cards:
Message 4 of 52
Hex
Valued Contributor

Re: best credit card for gas for my usage

@micvite 

The PenFed Platinum Rewards points are worth 0.85 cents each so it's 4.25% off of gas and they recently added EV charging at 5X the points as well. I don't think there's a cap. The also give you 3X points for groceries which is 2.55% off. It's not a cash back card though. You can redeem the points in $50 increments for Visa gift cards. 

Message 5 of 52
micvite
Frequent Contributor

Re: best credit card for gas for my usage


@Hex wrote:

@micvite 

The PenFed Platinum Rewards points are worth 0.85 cents each so it's 4.25% off of gas and they recently added EV charging at 5X the points as well. I don't think there's a cap. The also give you 3X points for groceries which is 2.55% off. It's not a cash back card though. You can redeem the points in $50 increments for Visa gift cards. 


So what I'm hearing is.... it's a cashback card with extra steps?Smiley Happy)) there's no airline partners I can transfer to or anything like that?

Ex: 742, TU: 726, EQ: 733 03/31/2021
Discover it cashback: $10900
Citi DC: $13000
WF Propel: closed 2k
Amex BCED: $3000
Amex Gold: $NPSL
Amex Plat: NPSL
Cap1 QS: $3200
Cap1 VX $50k
VS CC: $2900
Kohls: $3000
Synchrony car care: $3000
citi best buy visa: $8500
Message 6 of 52
Hex
Valued Contributor

Re: best credit card for gas for my usage

The Penfed site says the points can be redeemed for travel. I just noticed it says that most Target and Walmart locations code as groceries. So that's also 2.55% for those stores. I'm not sure about online though as it says "locations". 

Message 7 of 52
micvite
Frequent Contributor

Re: best credit card for gas for my usage


@Hex wrote:

The Penfed site says the points can be redeemed for travel. I just noticed it says that most Target and Walmart locations code as groceries. So that's also 2.55% for those stores. I'm not sure about online though as it says "locations". 


I'll have to look into it a bit more then... also don't do groceries I eat out every daySmiley Tongue

Ex: 742, TU: 726, EQ: 733 03/31/2021
Discover it cashback: $10900
Citi DC: $13000
WF Propel: closed 2k
Amex BCED: $3000
Amex Gold: $NPSL
Amex Plat: NPSL
Cap1 QS: $3200
Cap1 VX $50k
VS CC: $2900
Kohls: $3000
Synchrony car care: $3000
citi best buy visa: $8500
Message 8 of 52
Hex
Valued Contributor

Re: best credit card for gas for my usage

Yes but you wouldn't have to actually buy groceries to get the 2.55% back. Anything purchased at those locations would get you the same return. If you don't like Walmart or Target or have a higher rewards retail card then it wouldn't be helpful though. 

Message 9 of 52
micvite
Frequent Contributor

Re: best credit card for gas for my usage


@Hex wrote:

Yes but you wouldn't have to actually buy groceries to get the 2.55% back. Anything purchased at those locations would get you the same return. If you don't like Walmart or Target or have a higher rewards retail card then it wouldn't be helpful though. 


True, I still don't really shop there haha... most of my household stuff I order through instacart and that codes as supermarket on my gold card

Ex: 742, TU: 726, EQ: 733 03/31/2021
Discover it cashback: $10900
Citi DC: $13000
WF Propel: closed 2k
Amex BCED: $3000
Amex Gold: $NPSL
Amex Plat: NPSL
Cap1 QS: $3200
Cap1 VX $50k
VS CC: $2900
Kohls: $3000
Synchrony car care: $3000
citi best buy visa: $8500
Message 10 of 52
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.