Understanding Gasoline Only Credit Cards and Their Benefits

Gasoline only credit cards are a type of credit card that rewards users with points or cash back specifically for gasoline purchases. These cards are designed to help you save money on gas.

One of the main benefits of gasoline only credit cards is that they often have lower interest rates compared to regular credit cards. This is because they tend to be used for a specific, predictable expense like gas, which reduces the risk for the credit card issuer.

You can earn up to 5% cash back on gas purchases with some gasoline only credit cards, which can add up quickly if you drive a lot.

The Bank of America Customized Cash Rewards Secured Credit Card is relatively easy to get approved for, even with bad credit. It has a $0 annual fee.

You'll enjoy rewards of 1-3% cash back on purchases, with the highest rewards rate eligible for gas purchases. There are no restrictions on what gas stations are eligible for rewards.

To get the most out of a gas credit card, you must pay off your statement balance on time and in full every month. This is because gas is a pricey necessity, costing households over $2,100 per year on average.

Getting approved for a credit card can be a challenge, especially if you have bad credit. The Bank of America Customized Cash Rewards Secured Credit Card is one of the easiest cards to get approved for, even with a poor credit history.

The annual fee for this card is $0, which is a big plus. This card is also super flexible when it comes to rewards, offering 1-3% cash back on purchases with no restrictions on what gas stations are eligible for rewards.

Having a $0 annual fee can save you money upfront, and the rewards can add up quickly.

If you're looking for a gas card that's perfect for personal use at Shell gas stations, the Shell Fuel Rewards Mastercard is a great option. This card offers a 10 cent per gallon discount on up to 35 gallons of fuel purchases at Shell stations.

With this card, you'll also earn rebates on your non-fuel purchases, such as groceries and dining. Specifically, you'll get 10% back on your first $1,200 in non-fuel purchases per year, 2% back on your first $10,000 in dining and grocery purchases per year, and 1% back on all other purchases.

One of the best things about this card is that it has no annual fee. This means you can use it without worrying about extra costs.

The discounts on this card come as rebates rather than immediate benefits, so you'll need to wait until your next billing cycle to see the savings applied. Additionally, the discounts only apply to purchases made at Shell gas stations, not at other gas stations.

Here's a breakdown of the card's benefits:

If you're looking for a gas card that offers the highest initial savings, the Exxon Mobil Smart Card+ Credit Card is a great option. You can save 40 cents per gallon or more for the first month after account opening, and then 10 cents per gallon on regular, mid-grade, and diesel fuels.

One of the main benefits of this card is that you can also save 12 cents per gallon on Synergy Supreme+ Premium gasoline. This is a significant discount, especially if you frequently fill up on premium fuel.

Another advantage of the Exxon Mobil Smart Card+ Credit Card is that you can earn 5% back on drinks, snacks, car washes, and more on the first $1,200 in non-fuel purchases per year. This can add up to some significant savings over time.

It's worth noting that this card has no annual fee, which is a major plus. However, it's also worth noting that the ongoing savings are lower than other options on this list.

Here's a summary of the benefits of the Exxon Mobil Smart Card+ Credit Card:

The Shell Fuel Rewards Mastercard offers a 10 cents per gallon discount on all Shell fuel purchases, making it a great option for frequent Shell customers.

This discount is a combined benefit of paying with the card and being a Shell Fuel Rewards Gold member, which is automatic with card membership.

One of the best features of this card is its sign-up bonus: save 30 cents per gallon on your first five Shell fuel purchases made by June 30, 2023.

The card also offers 10% rebates on non-fuel Shell purchases up to $1,200 per year, 2% rebates on dining and grocery purchases up to $10,000 per year, and 1% rebates on all other purchases.

To give you a better idea of the card's benefits, here are the details:

Redeeming rebates is also easy and automatic, with rebates applied as a statement credit against purchases made with your card in future billing cycles.

If you're looking for a gas credit card that's exclusive to a specific gas station, you'll want to consider the partnerships they offer. The CITGO Rewards Card is a great option, offering a 10-cent discount per gallon in fuel statement credits for the first three months of card membership.

Not all gas credit cards are created equal, and some offer better discounts than others. The CITGO Rewards Card also offers a 5-cent per gallon discount in fuel statement credits for card members.

If you frequent BP and/or Amoco gas stations, the BPme Rewards Visa could be the perfect option for you. This card offers significant gas savings of 15 cents per gallon forever, and rewards you for both grocery and dining purchases.

Here are some gas station partnerships to consider:

The ExxonMobil Smart Card+ Credit Card is another option to consider, but its savings are solely for Exxon and Mobil stations, which may not be convenient for everyone.

If you're considering applying for a gasoline-only credit card, be aware that some cards offer rewards in the form of cents per gallon, which can add up to significant savings over time.

These rewards can be particularly valuable for frequent drivers, as they can save you money on fuel costs.

To improve Shell Fuel, consider the limited station coverage in states like Colorado and Utah, where Shell has fewer stations compared to others.

You can view a map of Shell's 12,365 stations in the US to check if their coverage suits your needs.

Most discounts come in the form of rebates rather than immediate savings, which might be less appealing to some users.

Applying for a Shell Fuel Rewards Mastercard before April 30, 2025, can save you a huge 50¢ per gallon (up to 35 gallons) on your first five Shell fuel purchases.

When you see those eye-catching credit card offers from gas companies, it's easy to get excited. But don't let the hype fool you.

The introductory offers are often too good to be true, and the fine print reveals the catch. For example, ChevronTexaco's 35 cents a gallon fuel credit lasts for just 90 days, after which the rebate drops to a mere three cents a gallon.

The same thing happens with Sunoco's reward credit card, which offers 25 cents a gallon savings on every fill-up for 60 days, but then reverts to just five cents a gallon.

Here's a quick rundown of the reality behind these offers:

So, be sure to read the fine print and do the math before applying for one of these credit cards. It's not always worth it, and you might end up saving less than you thought.

It's worth noting that gasoline only credit cards are a thing of the past, with many issuers no longer offering them.

In fact, it's estimated that over 75% of credit card issuers have discontinued their gasoline only credit cards since 2015.

These cards were initially popular because they offered a 2% to 5% rebate on gas purchases, but the rewards rates were often lower than those offered by cashback credit cards.

Many issuers also required cardholders to make a certain number of gas purchases per quarter to qualify for the rewards, which was a major drawback.