- 5%Cash back on gas at Costco
- 4%Cash back on restaurants and eligible travel
- 3%Cash back on Costco purchases
- 1%Cash back on all other purchases
Costco occasionally provides promotional perks to new Executive Members who are approved for the card, such as a $50 digital Costco Shop Card.
Earn 5% cash back on gas at Costco, 4% on restaurants and eligible travel, 3% on Costco purchases, and 1% on all other purchases.
18.74%-26.74% Variable APR
The Costco Anywhere Visa® Card by Citi stands out as the top choice because it offers exceptional cash back rewards on gas and dining, making it ideal for frequent Costco shoppers. Its no annual fee structure combined with high earning potential on everyday spending categories earns it the #1 spot.
Pros:
- No annual fee
- High rewards on gas and dining
Cons:
- Requires a paid Costco membership
- Limited to Costco and select categories for higher rewards
2.Blue Cash Everyday Card from American Express
American Express
- 3%Cash back at U.S. supermarkets
- 3%Cash back at U.S. gas stations
- 3%Cash back on U.S. online retail purchases
- 1%Cash back on all other purchases
Earn $200 cash back after you spend $2,000 in purchases in the first 6 months of account opening.
Earn 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year per category, then 1%).
19.49%-28.49% Variable APR
What sets the Blue Cash Everyday Card apart is its robust cash back structure that rewards users for everyday purchases at supermarkets and gas stations. This card is particularly appealing for families and individuals who frequently shop at these locations.
Pros:
- No annual fee
- Strong rewards on everyday spending
Cons:
- Limited to specific categories for higher rewards
- Requires spending to unlock welcome bonus
- 5%Cash back on gas and electric vehicle charging
- 3%Cash back on travel, dining, groceries, and AAA purchases
- 1%Cash back on all other purchases
Earn a $100 statement credit after you spend $1,000 on qualifying purchases within the first 90 days of account opening.
Earn 5% cash back on gas and electric vehicle charging, 3% on travel, dining, groceries, and AAA purchases.
17.49%-31.49% Variable APR
The standout feature of the AAA Travel Advantage Visa Signature Credit Card is its generous cash back on gas and travel-related purchases, making it a great choice for frequent travelers and AAA members. Its combination of rewards and no annual fee provides excellent value.
Pros:
- No annual fee
- High rewards on travel and gas
Cons:
- Requires AAA membership
- Limited to specific categories for higher rewards
Did you know?
Gas station credit card bonuses often cap monthly earn. Confirm merchant category rules and compare base cash back if fuel is only part of your budget.
Final Words
As you consider the best gas credit cards this August, remember to weigh the rewards, fees, and features that align with your spending habits. Take time to compare your options and make an informed decision that maximizes your benefits and fits your financial goals.
Frequently Asked Questions
Costco occasionally provides promotional perks to new Executive Members who are approved for the card, such as a $50 digital Costco Shop Card.
With the Costco Anywhere Visa® Card by Citi, you can earn 5% cash back on gas at Costco, 4% on restaurants and eligible travel, 3% on Costco purchases, and 1% on all other purchases.
The Blue Cash Everyday Card from American Express offers a welcome bonus of $200 cash back after you spend $2,000 in purchases in the first 6 months of account opening. You also earn 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year per category, then 1%).
The AAA Travel Advantage Visa Signature Credit Card provides a welcome bonus of $100 statement credit after you spend $1,000 on qualifying purchases within the first 90 days of account opening. You can also earn 5% cash back on gas and electric vehicle charging, 3% on travel, dining, groceries, and AAA purchases.
Many gas credit cards, including the Costco Anywhere Visa® Card by Citi and the Blue Cash Everyday Card from American Express, have no annual fees, making them an affordable option for many consumers. However, it's essential to check specific cards, as some may charge fees for premium benefits.
To choose the best gas credit card, consider your spending habits, such as how much you spend on gas and other categories. Look for cards that offer higher rewards rates in those categories, and also consider any welcome bonuses and fees associated with each card.
When comparing gas credit cards, focus on the reward rates, welcome bonuses, annual fees, and any additional benefits, such as discounts or perks related to travel and dining. Also, review the redemption process for rewards to ensure it aligns with your preferences.
