What is the best Gas credit card?
What is the best gas credit card? The answer is not black and white. While it may be tempting to just pick the card with the highest listed reward rate (see the table below), there are other things to consider first. The Costco Factor. * Costco has cheap gasoline, but most gas card programs exclude wholesalers from their 2%-5% gas category reward rates, somewhere in the fine print. * In fact, it’s probably safe to assume that the only way to get more than 1% rewards pumping gas at Costco is with the Costco True Earnings card, or the Costco True Earnings Business card. The fine print on these cards explicitly states that Costco qualifies for the bonus reward rate. * Card issuers that explicitly ban Costco gas from their “gas reward rate” include American Express, and Citibank. * Costco only accepts American Express. Cheap Gas Stations, like ARCO. * Gas stations such as ARCO in California often charge about 4% less if you pay in cash, and only accept debit cards otherwise. Furthermore, t
