Navigating the world of credit can be difficult, especially if your credit score isn’t great. When you have a bad credit score, it can feel like every door is closed when it comes to getting a gas card. But don’t worry! That’s not always the case. We have updated our list of the top seven gas cards for bad credit so that you can quickly and accurately find a card with all the features you need and none of the drawbacks that come with a lower credit score. Keep reading to learn more about the best gas credit cards for bad credit and how to apply for them today!
What are Gas Cards? (Benefits, Types & More)
Have you ever heard about gas cards? Maybe you have, but do you know what they are and how they work? A gas card is a credit card that allows the user to purchase fuel for their car. Not only does it make refueling easier, but there are also many benefits associated with using a gas card. Let’s take a look at some of them.
One of the most appealing features of a gas card is the cashback rewards program. Every time you use your gas card, you will accumulate points that can be redeemed for a variety of rewards. Depending on the type of gas card and issuer, these rewards could include discounts on fuel prices or even free gasoline. In addition, depending on your creditworthiness and spending habits, you may be able to get additional benefits such as extended warranties or travel insurance.
Flexible Payment Options
Another advantage of using the best credit cards for gas is the flexibility it offers when it comes to payment options. Instead of having to pay for fuel upfront in cash or with a debit card, users can choose to spread out their payments over time with their gas card. This option can be especially helpful if you don’t have enough money in your budget to cover an entire tank of gasoline all at once. Plus, since most gas cards offer low interest rates, users can save money on interest fees compared to other types of credit cards.
Finally, having a dedicated credit card specifically for purchasing fuel can save time and hassle when it comes to refueling your car. Instead of having to fumble around for cash or waiting in line at the pump while someone else pays with their debit card, using a gas card allows you to fill up quickly and get back on the road without any delays or inconveniences. Also, many issuers offer additional perks such as discounts at select restaurants and convenience stores that are located near major highways and interstates which further adds to the convenience factor offered by these cards.
Types of Gas Cards
Gas cards can be a great way to save money on fuel, but how do you know which type is best for you? Let’s take a look at two different types of gas cards – gas reward credit cards and gas station credit cards – and break down the pros and cons of each.
1. Gas Reward Credit Card
A gas reward credit card gives you reward points every time you use your card, usually in the form of cashback or travel points. These rewards can then be used to purchase more fuel or even other items. The benefits are clear: you get rewarded for your purchases, plus you have access to a variety of perks such as insurance coverage, extended warranties, and more. The downside is that these cards often come with high-interest rates, so be sure to read the fine print before signing up.
2. Gas Station Credit Card
Gas station credit cards are issued by specific companies – usually gas stations – that offer exclusive discounts and deals when using their cards. These discounts can range from small savings per gallon to large savings off your total bill. The upside is that these cards typically have lower interest rates than regular credit cards, meaning they won’t cost you much in the long run. On the other hand, they may not offer as many perks as a standard rewards card; it all depends on the specific card issuer.
Best Gas Cards for Bad Credit
1. Bank of America Cash Reward Secured
Our Rating: 4.9/5
If you’re looking for one of the best gas cards for bad credit, there’s one card that stands out above the rest. Bank of America Cash Reward Secured is an ideal choice for users who want to save on gas and fuel purchases. Let’s break down why this card is so great for bad credit holders.
The major benefit of this secured credit card is its rewards structure. With it, you can earn 3% cash back in any category of your choice. This includes gas and fuel purchases, meaning you can save several dollars at the pump every time you fill up. You also get 2% cash back on groceries and 1% on all other purchases.
If you need more incentive, it doesn’t hurt that this card has no annual fee or maintenance charges, since it’s a secured credit card. That means that even if your application is denied due to your low score, you won’t be losing money in the process. And with a minimum deposit between $200-$5,000 and an APR rate between 26.99%, the costs are kept to a minimum while still getting good rewards from your purchases.
But this isn’t just a good option for those with bad credit—this is also a great long-term choice for anyone looking to maximize their cashback rewards on gas and fuel purchases without sacrificing financial security or flexibility. It’s an excellent way to optimize your spending power while keeping within budget range and maintaining stability in your finances as well as your payment history.
- Great cashback and rewards.
- You can choose any category in which you want 3% cash back.
- Also, low fees on foreign transactions.
- Zero annual fees.
- Immediate credit score update.
2. Discover It Secured Credit Card
Our Rating: 4.8/5
The Discover It Secured Credit Card is designed specifically for those with poor credit or no credit history. However, unlike other gas credit cards for bad credit, this card offers features that make it stand out from the rest. First and foremost, the Discover It Secured Credit Card offers an impressive 2% cash back on fuel purchases and 2% cash back on restaurant purchases. You also get 1% cash back on all other purchases made with this card. Plus, all of your cashback rewards will be doubled in the first 12 months of having your account! That means you can earn up to 4% cash back in rewards during your first year as an account holder.
Another great feature of this card is that there are no annual fees or monthly account management fees—just pay one security deposit and use it forever! And because this card reports all activity directly to three major credit bureaus, using it responsibly can help improve your credit score over time.
Finally, if you have been using this card responsibly for eight months, Discover will automatically review your account to determine if you qualify for an upgrade to an unsecured card without having to pay additional security deposits. This can be beneficial as unsecured cards usually offer more perks than secured gas cards with bad credit ones do.
- 1% cash back on all purchases with no limits at all.
- All the cash backs are doubled in the first 12 months.
- 2% cash back on gas.
- Tools to see your credit score for free.
- Zero annual fees.
3. Discover It Student Chrome Card
Our Rating: 4.4/5
For students looking to optimize their gas expenses while building their credit, the Discover It Student Chrome Card is an excellent option when looking for the best gas cards for bad credit. The Discover It Student Chrome Card offers rewards in two forms: cash back and points. For fuel and restaurant purchases, users can earn 2% cashback up to $1000 each quarter. All other purchases made with the card will earn 1% cash back in the form of points which can be used for future purchases or converted into cash back. Furthermore, there are no annual fees associated with this card, making it a great budget-friendly option for students.
Since this is a student card, Discover does not require applicants to have high credit scores in order to qualify for the Discover It Student Chrome Card. The minimum required credit score is 580-739; any lower than that and you may not be approved for the card. However, if you’re able to maintain good spending habits over time, then you will likely see an increase in your credit score after several months of responsible use of this card.
The APR on the Discover It Student Chrome Card is 25.99%, which is slightly higher than average compared to other cards on the market. However, there is an introductory 0% APR period of 6 months so that users can get some breathing room while they learn how responsible use of this card can help them build up their credit score over time. This introductory period also allows users to avoid any interest payments during that time if they pay off their balance before it expires.
- Zero annual fees.
- No credit score is required for the application.
- Also suitable for building credit in college days.
- 0.00% APR for 6 initial months.
- No fees on foreign transactions.
4. Capital One Spark 1% Classic Business Card
Our Rating: 4.3/5
If you’re looking for an affordable gas card that doesn’t require a perfect credit score, the Capital One Spark 1% Classic Business Card is the way to go. With this card, you can get great rewards and features even with a bad credit score. Let’s take a closer look at what this card has to offer.
The Capital One Spark 1% Classic Business Card offers users 1% cashback on all purchases, 5% cash back on hotels and rental cars booked through Capital One Travel, and no annual fee. This is great if you want to maximize your rewards without paying any extra fees. Additionally, if you have a good credit score, you can qualify for a higher credit limit with this card which allows you to purchase more gas with each transaction.
The Capital One Spark 1% Classic Business Card also comes with some great security features. It offers fraud protection, customer service contactless payment options, online account management tools, and automatic alerts when suspicious charges appear on your account. These features make it easy to use your card securely while protecting yourself from fraudulent activity.
The Capital One Spark 1% Classic Business Card has an APR of 28.49%, which is slightly lower than other cards in its class. This means that you can save money on interest payments over time if you use the card responsibly and pay off your balance in full each month. Additionally, there are no foreign transaction fees so if you plan to travel abroad then this option of gas credit cards for bad credit could be a great option for saving money on gas purchases abroad as well.
- 1% cash back on all purchases, irrespective of your credit score.
- Zero annual fees.
- Also provides 5% cashback on hotel and car bookings from Capital One Travel.
- High credit limit.
5. Shell Fuel Rewards Card
Our Rating: 4.1/5
The Shell Fuel Rewards Card has an impressive rewards program and bonuses compared to other gas cards for bad credit. It allows you to save up to 3 times more than other credit cards, with up to 10¢ per gallon saved on 35-gallon purchases. Additionally, you can get 10% cash back on non-fuel purchases, up to a total purchase of $1,200. This is great news for those who are looking to save money at the pump while still earning rewards on regular shopping trips.
The Shell Fuel Rewards Card has no annual fee and an APR of 26.49%, which is fairly typical for bad credit cards. However, due to its focus on rewards at the gas station, it is not suitable for those who want a low-interest rate or no interest rate on their purchases. Nevertheless, if you pay off your balance each month this should not be an issue.
The minimum required credit score for this card is 300-669, making it one of the most accessible options for those with bad credit scores. Also, you must be 18 years or older to apply and must have a valid Social Security number or Taxpayer ID number in order to qualify.
- No annual fees.
- High cash back rewards.
- Good offers as the welcome bonus.
6. Chevron/Texaco Techron Advantage Card
Our Rating: 3.6/5
This Chevron/Texaco Techron Advantage Card is great for those who usually purchase their fuel from Texaco and Chevron fuel stations. With this card, you can get up to 37¢ off per gallon on your first 90 days of purchases. After this period, you’ll still get 3¢ – 8¢ off at Texaco and Chevron fuel stations every time you fill up your tank. The annual fee is $0.00, so there are no hidden charges associated with this card.
Moreover, it has a relatively low credit score requirement of 300 – 669, making it easy to apply even if your credit score isn’t perfect. Finally, its variable APR rate of 29.99% isn’t too high compared to other cards in its class. To maximize the benefits of the Chevron gas card, try to use it as much as possible during the initial 90-day period so that you can take advantage of the 37¢ discount per gallon available during that time frame.
Also, keep in mind that this is a closed-loop Credit Card so it can only be used at Texaco and Chevron Fuel Stations which means if you don’t usually fill up at these locations then this might not be the ideal option for you because there are other cards available with more flexible rewards programs such as cashback or points redemption options that offer discounts on any type of gas station or retailers worldwide.
- Zero annual fees.
- Good cashback rewards.
- Good welcome bonus offer.
- 0 liability for fraud victims.
7. Credit One Bank Platinum Visa for Rebuilding Credit
Our Rating: 3.6/5
The Credit One Bank Platinum Visa offers 1% cash back on groceries, gas purchases, TV services, cable and internet bills as well as mobile phone bill payments. You can also get free access to your Experian credit score each month with this card. Though easy to open and use, the annual fee is quite high with an APR that ranges from 26.99% (Variable).
It’s important to note that Credit One Bank Platinum Visa for Rebuilding credit card is only available to those with a credit score between 300-669. However, if you have had issues in the past such as late payments or bankruptcy it might be a good option for you. This card allows users to make their payments online or by mail from anywhere in the world. It also comes with fraud coverage protection and zero liability protection which can be especially helpful if you are worried about unauthorized charges being made to your account.
The biggest benefit of using this one of the ideal gas cards for bad credit is that it can help you rebuild your credit score over time as long as you make your payments on time each month. By utilizing the rewards program and making timely payments every month, your credit score will begin to increase gradually in no time.
- Zero deposit is needed.
- Immediate credit score update.
- 1% cashback on fuel, grocery, and other necessary needs.
- Free credit report.
How Does a Gas Credit Card Work?
Gas credit cards work just like any other type of credit card, in that you are borrowing money from the issuer to make purchases and then paying it back with interest over time if you don’t pay off your balance in full each month. When you use a gas credit card at the pump, your purchase will be charged to your account, and then you will receive a statement each month detailing your purchases and how much you owe for them. You can then pay off your balance in full or make payments until it is paid in full.
Average Credit Score Needed for a Gas Card
The best gas reward cards typically require good or excellent credit — which is generally defined as having a FICO® Score of 670 or higher. If your FICO® score falls in this range, you may qualify for some of the best deals on fuel purchases. These include cards that offer up to 5% cash back on fuel purchases, with no annual fees, introductory APR periods, and signup bonuses. Cards that offer these kinds of benefits often come with higher interest rates (although those are often outweighed by the potential savings from rewards).
Building Credit with a Gas Card
Using a gas credit card is a great way to start building your credit score. These gas station credit cards for bad credit typically have lower spending limits and more favorable terms than traditional cards, making it easier for those with less-than-perfect credit to gain financial footing. As you make purchases with the card and make timely payments, your payment history will be reported to the credit bureaus, which in turn will help increase credit scores.
It’s important to remember that while using this type of card can boost your credit score, paying off the balance in full each month can reduce your interest charges and keep your finances healthy. Making 100% of payments on time and within the set limits will also ensure that your new line of communication with the creditor stays intact and continues to work in sending positive vibes to creditors.
How Can I Get a Gas Card for Bad Credit?
Just like other credit cards, you will get a better deal with a good credit score. But some companies also provide gas credit cards with bad credit. Let’s have a look at the steps you will have to follow, in order to get a gas card for bad credit.
1. Analyze Your Credit Score
The first step is to get a copy of your credit report and score from all three credit bureaus—Experian, TransUnion, and Equifax. This will give you a good idea of where you stand and what kind of offers you might be eligible for. If your score is on the lower end, don’t worry—there are still plenty of options available.
2. Do Your Research
Once you know where your credit score stands, start researching which cards might be right for you. There are plenty of cards available for people with bad credit, so take your time and find one that fits your needs. Make sure to read the fine print so that you understand the terms and conditions before applying.
3. Consider Going for a Secured Card
If you’re having trouble getting approved for an unsecured card, consider going for a secured card instead. With a secured card, you’ll have to put down a deposit that will be used as collateral in case you default on your payments. This means that there’s less risk for the issuer, which makes it more likely that they’ll approve your application. Just make sure that you choose a card with low fees and interest rates so that you don’t end up paying more than necessary.
4. Send the Application
Once you’ve found the right card for you, it’s time to fill out the application. Be sure to fill it out completely and accurately—if there are any errors, it could delay the process or even result in a rejection. Once you’ve submitted the application, all that’s left is to wait for a decision from the issuer. In most cases, you’ll hear back within a few days or weeks.
Are Gas Credits Card Worth it?
Many people ask themselves whether gas credit cards are worth it. The answer to this question is that it depends on the person and their spending habits. There are many different types of gas credit cards, so it is important to compare and contrast the different offers before deciding which one is right for you.
There are a few things to consider when trying to determine whether a gas credit card is worth it. The first thing to look at is the APR or annual percentage rate. This is the interest rate that will be applied to any balance that is carried over from month to month. It is important to make sure that you understand how interest works before signing up for a gas credit card so that you do not end up in debt.
Another thing to consider is the rewards program. Many gas credit cards offer rewards programs that give users points for every dollar that they spend. These points can be redeemed for cash back, gift cards, or free gas. It is important to make sure that the rewards program offers something that you will actually use so that you are not wasting your money.
The last thing to consider is the annual fee. Some gas credit cards come with an annual fee, while others do not. It is important to weigh the benefits of the card against the annual fee to see if it is worth it for you.
FAQs: Frequently Asked Questions
Q1. What are the easiest gas cards to get?
Capital One Spark 1% Classic Business Card, Bank of America Cash Reward Secured, as well as Shell Fuel Rewards Card, are some of the easiest gas cards to get. If you are a student then you can go for Discover It Student Chrome Card. It comes with zero deposit and zero annual fees and is also great for building credit in student life.
Q2. What is the minimum credit score for a gas card?
There is no minimum credit score for a gas card because many companies also provide gas cards to bad credit holders. But you should have a credit score of someone between 300 to 700 to grab a good deal on the gas card. Otherwise, you will have to pay higher APR and interest. You will also get a low credit limit with a bad credit score.
Q3. Can I get a gas card with no credit?
Yes. You can get a credit card even with no credit. If you are a student then you can go with Discover It Student Chrome Card as it is one of the leading bad credit gas cards for you. Also, you do not need credit and deposit for this credit card. If you are not a student then you can go with options like the Bank of America Cash Reward Secured credit card.