Although gasoline companies – including Texaco, Chevron, BP, Gulf, Shell, and Valero – are still hawking their brand-centric cards as a way to maintain corporate loyalty, a specific gas company credit card is probably not in your best interest. Even more so if the card includes an annual fee.
It pays to shop around … and to choose the right card at the right time. A good number of conventional Visa, Mastercard, Discover and American Express cards offer percentage based rebates on gasoline. The gas rebates often fluctuate from quarter to quarter, depending on the promotional marketing. Top offerings include the Chase Freedom Card, Discover More Card, and the American Express Blue Cash Preferred Card.
It pays to read the fine print and watch the marketing materials that show up in your bill, no matter which card you end up choosing (if you do indeed choose to choose)A. Keep an eye out for interest rates, hidden fees, and bonus quarters that can funnel a wee bit of cash back into your account.
NEXT: More Ways to Save on Gas
