Rewards Credit Cards Smart Spending

10 Credit Cards to Earn Free Gas

Hess Visa Platinum

Rebate Offer: 3% back on Hess purchases, 1% back on all other purchases excluding non-Hess gas stations

Sign-on bonus: 10% credit back on your first two statements on up to $400 in purchases made at Hess stations

Best Cash Back Credit Cards with Gas Rewards

Best for Moderate Spenders: Bank of America BankAmericard Cash Rewards

Cash back rewards: 3% cash on gas, 2% cash back on supermarkets and wholesale clubs

Cash back rewards cap: You can earn 2-3% cash back on $2,500 of spending on gas and supermarkets per quarter after which you earn 1% cash back on all purchases

Other perks: $100 back if you spend $500 in the first 90 days, 10% bonus on cash back if deposited into a Bank of America account

Annual fee: $0

Best for High Spenders: Blue Cash Preferred Card from American Express

Cash back rewards: Unlimited 3% cash back on gas, 6% on your first $6,000 in spending at supermarkets

Cash back rewards cap: After your first $6,000 on supermarket spending, cash back rewards goes down to 1% on supermarket purchases

Other perks: $150 cash back after you spend $1,000 in the first 3 months

Annual fee: $95

Best Overall (with Eligibility Requirements): PenFed Ultimate Cash Rewards Visa Card Plus

This card offers the best cash back deals by far, but it comes with some eligibility requirements.

Cash back rewards: 5% cash back on gas, 3% on supermarkets

Cash back rewards cap: Unlimited

Annual fee: $0

Eligibility requirements: You must be a member of the Pentagon Federal Credit Union, but it’s easy to join. If you are not affiliated with the military or government, you can make a small (less than $20) donation to the National Military Family Association or volunteer for the Red Cross. You must maintain an active account to be eligible for this card.

Best for Costco Members: Costco Anywhere Visa

Cash back rewards: 4% cash back on gas on up to $7,000 per year, 3% cash back on restaurant and travel spending, 2% cash back at Costco

Restrictions: You can earn 4% cash back on gas purchases at any gas station except other wholesale retailers. You must have a Costco membership.

Annual fee: $0

Best Sign-On Bonus: Chase Freedom

Cash back rewards: This card offers rotating rewards, with a bonus category that earns you 5% cash back on up to $1,500 spending on that category, but it changes each quarter. Typically, gas is included as a category for one quarter each year. The card offers 1% unlimited cash back on all other purchases.

Other bonuses: $150 cash back after you spend $500 in the first 3 months. There’s a 0% introductory APR for the first 15 months as well.

Annual fee: $0.

Best for Bad Credit: Discover it Secured Card

Secured credit cards are the way to go if you have bad credit and are ready to start using credit cards to rebuild your credit, and this is one of the few secured cards that offer rewards.

Cash back rewards: 2% cash back on the first $1,000 spent at gas stations and restaurants each quarter, 1% on all other purchases

Other perks: On your card anniversary, they will double all of the cash back rewards you received in your first year.

Annual fee: $0. There is no annual fee, but you do have to put down a $200 refundable security deposit, as this is a secured credit card.

About the author

Elizabeth Aldrich

Elizabeth Aldrich

Elizabeth is a freelance writer and “digital nomad” specializing in small business, entrepreneurship, career advice, real estate, travel, arts, and culture. She’s written for outlets as varied as Rawckus Music and Arts Magazine, Itcher Entertainment, Sweden Tips, Houzz, Hometalk, JobHero, Tico Times, and Eugene Weekly. Thanks to a three-year stint in a travel job, a knack for mining great deals, and credit card churning, she has not paid for a single flight since 2012, despite her constant travels. You can find her on Twitter @LizzieAldrich or her website, www.elizabethaldrich.com.

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