The Top 5 Gas Rewards Credit Cards: Winter 2014

Blue Cash Everyday® Card from American Express

ccamericanexpresscard54_big The Blue Cash Everyday Card from American Express is a competitive gas rewards card that will earn you 2 percent cash back on gas and no annual fee.

Noteworthy Card Features

  • No annual fee
  • Earn 50 Reward Dollars after making $1,000 in purchases, to be redeemed as a statement credit.
  • Receive one year of Amazon Prime after meeting the aforementioned spending requirement.
  • 3 percent cash back at U.S. supermarkets up to $6,000 per year in purchases, 2 percent at U.S. gas stations and department stores, 1 percent back on all other purchases.
  • 0 percent on purchases and balance transfers for 15 months


  • Mediocre APR range: 12.99 percent - 21.99 percent
  • Less rewards than the Blue Cash Preferred Card
  • Can only be redeemed for a statement credit, gift cards, and merchandise -- no cash back.

Blue Cash Preferred® Card from American Express

ccamericanexpresscard1201_bigThe Blue Cash Preferred Card from American Express was created as an upgrade to the Blue Cash Everyday Card, and offers 3 percent cash back on gas.

Noteworthy Card Features

  • Earn 100 reward dollars after spending $1,000 in the first three months, redeemable for a $100 statement credit.
  • One free year of Amazon Prime (unlimited free two-day shipping on millions of products), after meeting the above spending requirement.
  • 6 percent cash back on U.S. supermarket purchases, up to $6,000
  • 3 percent back on U.S. gas stations and U.S. department stores, 1 percent on all other purchases
  • 0 percent on Balance Transfers and purchases for 15 months


  • $75 annual fee
  • Mediocre APR range: 12.99 percent - 21.99 percent
  • Can only be redeemed for a statement credit, gift cards, and merchandise -- no cash back

Barclaycard Rewards MasterCard

56143-barclaycard-rewards-mastercard-boxThe Barclaycard Rewards MasterCard is another great household card, featuring notable cash back on gas, grocery, and utilities.

Gasoline reward: 2 points per $1 spent on gas

Noteworthy Card Features

  • No annnual fee
  • 0% Introductory APR for 18 months on balance transfers and purchases
  • Earn 2 points per $1 on gas, grocery, and utility purchases
  • Earn 1 point per $1 everywhere else
  • Use the points you earn like cash to pay for almost any purchases you've made.
  • Complimentary FICO® Scores as a benefit to active cardmembers. Opt-in to have instant and convenient access to FICO® Scores from your Barclaycard online account.


  • Above-average regular APR of 14.99 percent or 19.99 percent

TrueEarnings® Card from Costco and American Express

ccamericanexpresscard499_big(Update 3/11/14: "Noteworthy features" bullets updated.)

The TrueEarnings Card from Costco and American Express is another rewarding card for gasoline purchases, and if you're a Costco member, guess what? The card is free.

Gasoline Reward: 2 percent cash back on gas

Noteworthy Card Features

  • 3% Cash back at US gas stations and on gasoline at Costco up to $4,000 per year in purchases, then 1%
  • 2% cash back at US restaurants; 2% cash back on eligible travel purchases, including at Costco; 1% cash back on other purchases, including at Costco
  • You will receive your cash back annually in the form of a reward coupon
  • The Two-In-One Card: it's an American Express® Card and Costco membership Card, with no annual fee for Costco members


  • APR of 15.24 percent is mediocre
  • 0 percent on purchases for 6 months -- a significantly shorter bonus offer, and balance transfers are not mentioned
  • No bonus offer after meeting a spending requirement, like the previous three cards
  • Reward is mailed once a year as a rebate certificate, and those looking to exchange for cash must physically go to Costco.
  • Rewards limit capped at $4,000 for gas


Chase Freedom Card

Chase Freedom Visa Credit CardThe Chase Freedom Card is a great cash-back credit card that features 5 percent cash back on gas, six months this year.

Gasoline reward: 5 percent cash back for two quarters

Noteworthy Card Features

  • No annual fee
  • Appears twice in the Chase bonus schedule, once for Q1 (January-March 31), and once for Q3 (July 1-September 30)
  • 5 percent cash back on gas in those quarters, as well as 5 percent cash back on other expenses like restaurants, movie theaters, and restaurants
  • Unlimited 1 percent cash back on all other purchases
  • Earn $100 bonus after spending $500 in the first 3 months
  • Redeemable for cash, gift cards, statement credits, and more


  • Card doesn't offer 5-percent gas rewards all year
  • You must activate featured categories each quarter
  • Can only earn up to $1,500 for featured categories
  • After the introductory period, APR is mediocre, ranging from 13.99 percent, 18.99 percent, or 22.99 percent
  • Charles Walker

    Sallie Mae Mastercard offers 5% on gas (on first $250/month) year around with no annual fee…