Driving home a new car — or new-to-you car — can be exciting, especially when you feel you’ve scored a good deal on the purchase price. To drive home even more savings long after the new-car thrill subsides, use the right credit cards to buy gasoline.
Here are rewards credit cards that can be ideal for purchases at the pump.
Wells Fargo Propel American Express® Card
With the Wells Fargo Propel American Express® Card, gasoline is one of its 3-points-per-dollar bonus categories, along with dining, travel and eligible streaming services. Non-bonus-category spending earns 1 point per dollar. Its annual fee is $0. It also has a welcome offer, which the issuer phrases this way: “Earn 30K bonus points when you spend $3,000 in purchases in the first 3 months – that’s a $300 cash redemption value.”
Good option for: Those who want a travel and entertainment card with an annual fee of $0.
» MORE: How to choose a gas credit card
Blue Cash Preferred® Card from American Express
Good option for: Larger households that spend heavily at supermarkets.
Bank of America® Cash Rewards credit card
Preferred Rewards program. It charges an annual fee of $0. Sign-up bonus: $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening.
Good option for: Bank of America® banking customers.
Sam's Club Mastercard
Costco Anywhere Visa® Card by Citi is also a fine choice. Among other rewards, it offers 4% cash back on eligible gas for the first $7,000 per year, then 1% thereafter.
Good option for: Sam’s Club members who can wait for their rewards.
Chase Freedom®. It earns 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (1% back on everything else). Bonus categories in the past have included gas stations, as well as department stores, wholesale clubs, grocery stores and more. (Current bonus categories are here.) Sign-up bonus: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Good option for: Cardholders who will use category cards strategically, usually in conjunction with another rewards card.