You might be wondering how to get rewards for buying gas with your American Express card. Fuel is one of the most popular categories for credit card spending in the United States. With over 140 billion gallons of fuel consumed annually in the U.S. alone, fuel represents a significant portion of the typical family’s budget. Gas station rewards cards can help you earn up to 5% back on your fuel purchase. American express blue benefits and rewards are great for both gas station owners and cardholders who need to drive frequently.
Discover It Secured
If you want to get cash back for gas purchases, consider the Discover it Secured credit card. This card offers 2% cash back at U.S. gas stations, plus you’ll earn an additional $200 statement credit every six months when you spend at least $2,000 with the card. Plus, you can redeem rewards anytime you want. Unlike most other credit cards, it doesn’t require you to spend a certain amount of money to get cash back.
You can also get a lucrative bonus with the Discover it Secured Card, which is especially generous for a secured credit card. Discover will match up to $200 in cash back during your first year, so your $100 cash back will turn into $400 in rewards. With no annual fee, you’ll earn enough cash back for several car payments. But you don’t have to stop there. Use your card for other types of purchases as well, because Discover it Secured is the best-secured card for gas.
Bank Of America Preferred Rewards
Using a Bank of America Preferred Rewards for buying gas card can earn you 25%-75% more rewards than using an American Express card. In addition, with top-tier rewards, you can earn 5.25% back on gas purchases. You’ll be able to use your cash rewards at a number of different businesses, including restaurants and gas stations. The best part? There’s no annual fee!
While this card offers generous cash back bonuses, it’s important to understand its limitations. Unlike many other credit cards, the bank’s cash back is only redeemable for statement credits or a gift card. However, it does offer automatic redemptions on a yearly basis starting at $25. You can also use the cash back to contribute to a 529 account. If you’re not interested in earning cash back from your gas purchases, you can use the credit card for grocery shopping instead.
Blue Cash Preferred(R) Card
The rewards for buying gas with the American Express Blue Cash Preferred(r) Credit Card are quite generous. While the card charges an annual fee, you can earn up to 3X Membership Rewards points when you use it to make gas purchases. This is equivalent to more than $300 in cash back per year when you make $100 of gas purchases every single month with this card. This is a great deal, especially if you use your card for everyday purchases like groceries.
The Blue Cash Preferred Card also earns 1% cash back on most categories. The bonus categories are grocery purchases, gas, streaming services, and gas. The card has a $95 annual fee and has a 0% introductory APR on purchases for the first 12 months. The cash back rewards will add up quickly, and you’ll soon find yourself earning more every day.