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Monday, March 30, 2020
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2020's Best Gas Rebate Credit Cards

Below are our picks for 2020's top gas rebate credit cards. Many of these cards can be used at any gas station and offer users significant rewards and rebates on gas purchases.

Average APR
18.56%
Average Annual Fee
$19.70
Rate Trend
-0.08%
since last month
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Review Breakdown: Gas Credit Cards

If you're looking to save at the pump, there's no easier way than to use a gas rebate credit card. Whether it's cash back or other rewards you seek, there's no reason not to use a card that rewards you for using it. Below is a simple summary of 2020's top gas credit cards. Click any card name to visit its official website.

Here are 2020's best gas rebate credit cards:

Discover it® Secured
RankCard NameFeatureAnnual FeeExpert Rating
1Discover it® Cash Back1% cash back$0 ★★★★★ 5.0
2Chase Freedom Unlimited®1.5% cash back$0 ★★★★★ 5.0
3Chase Freedom®1% cash back$0 ★★★★★ 4.9
4Discover it® chrome1% cash back$0 ★★★★★ 4.8
5Capital One® Quicksilver® Cash Rewards Credit Card1.5% cash back$0 ★★★★★ 4.8
6Capital One® QuicksilverOne® Cash Rewards Credit Card1.5% cash back$39 ★★★★★ 4.7
7Capital One® Spark® Cash for BusinessGas Rebate$0 intro for first year; $95 after that ★★★★★ 4.7
8Capital One® Spark® Cash Select for Business1.5% cash back$0 ★★★★★ 4.7
9GM BuyPower Business CardTM from Capital One®Gas Rebate$0.00 ★★★★★ 4.5
10Discover it® Student chrome1% cash back$0 ★★★★ 4.3
11Journey® Student Rewards from Capital One®1% cash back$0 ★★★★ 4.3
12Capital One® Spark® Classic for Business1% cash back$0 ★★★★ 4.3
13Discover it® Secured1% cash back$0 ★★★★ 3.5

How a Gas Rebate Card Works

Ashley Dull
By: Ashley Dull
Finance Editor
Updated:
How a Gas Rebate Card Works
CardRates.com Guide: Gas Rebates

We Americans love our cars — and our trucks, SUVs, crossovers, minivans, and so on. In fact, we love our vehicles so much that we drive over 13,000 miles per year in them, on average. But even a fuel-efficient car can cost thousands of dollars to keep fueled up every year.

But what if we could save some of that money just by changing the way we pay for gas? That’s exactly what gas rebate credit cards are designed to do.

Save Money with a Gas Rebate Credit Card Offer

Several credit cards, like those listed above, provide bonus rewards — cash back, points, miles — for fuel and other purchases made at a gas station. These gas rebate cards are especially beneficial to the numerous Americans who have long commutes or gas-guzzling vehicles.

Anyone who frequents the pump can save a nice chunk of change over the course of a year with one of the best gas rebate credit cards. If you spend $75 a week on gas and have a card that offers you 3% cash back on every fuel purchase, you would save $117 over 52 weeks.

Of course, that’s assuming you pay your bill off every month. If you keep a balance, the interest charges will quickly eat away at your rewards. You must pay your balance in full to profit from these cards.

A co-branded gas station card, such as a Shell or Chevron credit card, isn’t necessarily your best option for a gas rebate card. Those closed-loop cards are full of limitations, the most important of which is that they’re only good for fuel and purchases at the station the card is associated with — and nowhere else.

Instead, go with an open-loop rewards credit card that offers bonus rewards for your gas purchases. Not only can these cards be used anywhere the network is accepted, but many will also earn rewards for other purchases like groceries, restaurants, and travel.

You May Be Charged an Annual Fee

Although annual fees are a common credit card cost, you won’t necessarily need to get a card with an annual fee to save big on gas purchases. Many gas rebate or rewards cards don’t charge an annual.

Of course, depending on the card’s rewards rate and extra benefits, it may be worthwhile to pay the fee, so crunch the numbers for your personal spending to see if a fee is worth the cost.

Additionally, some rewards cards come with a quarterly bonus category rewards cap, meaning you'll stop earning bonus rewards on category purchases after you spend a certain amount. Check the card's terms and conditions to determine if there is a cap on the bonus rewards you can earn.

Gas rebate credit cards are a great way to earn cash back and reduce the amount you have to spend at the pump. If you do your research and choose a card that fits your spending habits, you can save quite a bit of money every month. Just remember to pay your balance in full each billing cycle to avoid paying interest on your purchases.

Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

The information on this page was reviewed for accuracy on .

About the Author

Ashley Dull Ashley Dull Finance Editor

Ashley is the Media Relations Coordinator at CardRates, formerly our Editor in Chief. She now creates national media campaigns for the site, leveraging years of industry knowledge acquired through regular collaboration with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets.

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers. See the credit card issuer's website for specific terms and conditions of each card.