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If you are here, it means you want to know more about the Guaranteed Approval Gas Credit Cards. It is not uncommon for gas credit cards to be among the most popular due to their convenience. If you drive, gas is a common and costly expense you have to deal with.
Fortunately, most credit cards will handle that without you doing anything extra. You will have to look up the cheapest gas prices online and go the extra mile to save a few cents per gallon.
With these cards, you’ll be rewarded for paying at the pump just by paying. Best of all, approval for these cards is relatively easy. No matter your credit situation, there’s a card for you.
If you want to improve your credit score, you must try No Credit Check Credit Cards with Instant Approval No Deposit. These cards offer a unique opportunity to build or rebuild credit without the upfront financial commitment typically required by traditional credit cards. Now, here the List of $5000 Limit Credit card.
Let’s understand the Guaranteed Approval Gas Credit Cards Process from scratch.
Guaranteed Approval Gas Credit Cards With Bad Credit
To keep your vehicle’s tank full, you can get guaranteed approval gas credit cards for bad credit, even if your credit score is low. Over the last 150 years, hundreds of millions of people have depended on gasoline (and its cruder forms) as a vital product. It is estimated that the United States alone will consume 170,000 Olympic-sized swimming pools in 2024 with 124 billion gallons of gasoline.
As a result, gasoline is costly; in 2024, it will cost $3.461 on average at the pump. Assuming your car gets 25.7 miles per gallon, you will spend over $1,620 on gas annually – assuming your average American commutes 39 miles daily.
Let’s understand what a gas credit card means.
What’s a Gas Credit Card?
A gas card can be a general-purpose card that earns cardholders cash back on gas purchases or a station-specific card that works only at the station with which it’s affiliated. In addition to earning rewards at gas stations, these cards can also be used at a host of other merchants. The general-purpose card usually has a payment network logo, such as Mastercard or Visa.
Gas credit cards with a Mastercard or Visa will work everywhere Mastercard or Visa is accepted. These cards usually require a fair to good credit score to be approved.
There are two main types of gas credit cards:
Closed-loop Gas Cards
Only certain brands, such as Shell or Chevron, accept closed-loop gas cards. When comparing credit cards, it is important to note that closed-loop, gas-only cards are easier to qualify for but usually have high-interest rates. The ExxonMobil Smart Card, for example, has a high ongoing interest rate and can only be used in Exxon and Mobil locations.
Traditional Gas Rewards Credit Cards
A traditional gas rewards credit card allows you to earn points or cash back on gas and other eligible purchases. The advantage of these cards is that you can use them for all your purchases—not just gas—instead of being restricted to a particular chain of gas stations.
How Do Guaranteed Approval Gas Credit Cards Work?
Unlike other credit cards, Guaranteed Approval gas credit cards offer more rewards on fuel purchases. You can insert the chip, tap, or swipe your card at the pump like any other credit card.
As long as the payment network associated with the gas station credit card, such as MasterCard or Visa, accepts it, you can use it anywhere that accepts it.
Cards typically reward cardholders with 5% cash back or 5X points on fuel purchases and rewards on everyday purchases. Rewards are typically redeemable for statement credits or gift cards.
With gas-station-specific credit cards, you can save instantly a few cents off each gallon of gas at the pump. Over time, those few cents add up and can add up to hundreds of dollars in savings a year.
Top 5 Guaranteed Approval Gas Credit Cards With Bad Credit
Even consumers with a poor credit history and a FICO credit score below 580 can earn rewards with these Guaranteed Approval Gas Credit Cards.
For approval, the credit card issuer requires a deposit. With responsible use, cardholders may be eligible for a review to determine if they can transition to an unsecured credit line with a higher credit limit after depositing. This deposit becomes the credit limit on the card.
Even consumers with a poor credit history and a FICO credit score below 580 can earn rewards with these Guaranteed Approval Gas Credit Cards.
For approval, the credit card issuer requires a deposit. With responsible use, cardholders may be eligible for a review to determine if they can transition to an unsecured credit line with a higher credit limit after depositing. This deposit becomes the credit limit on the card.
Discover it® Secured Credit Card
The Discover it® Secured Credit Card is great for starting out or needing to build credit. There’s no annual fee, and you can earn rewards. For gas purchases, you get 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases every three months. Plus, you get unlimited 1% cash back on all other purchases.
It’s good because it can change to a regular card later, and you get your deposit back. This card reports to the major credit bureaus to help build your credit. Be aware it has a high APR, so paying off your balance every month is best to avoid high charges.
Discover it® Secured Credit Card Pros and Cons
| Pros | Cons |
|---|---|
| – No annual fee | – Requires a security deposit |
| – Earns rewards on purchases | – High APR |
| – Helps build credit |
Capital One Quicksilver Secured Cash Rewards Credit Card
The Capital One Quicksilver Secured Cash Rewards Credit Card is a solid choice for those looking to build or rebuild their credit. It stands out by offering 1.5% cash back on all purchases, which is quite generous for a secured card. There’s also a chance to earn 5% cash back on hotels and rental car bookings through Capital One Travel.
Like most secured cards, it requires a $200 refundable deposit, which also sets your credit limit. The card reports to the three major credit bureaus, helping you build credit with responsible use. It has a high APR of 30.74%, so paying off your balance in full each month is best to avoid interest. There’s no annual fee, making it a cost-effective option for credit building.
Capital One Quicksilver Secured Cash Rewards Credit Card Pros and Cons
| Pros | Cons |
|---|---|
| – Earns 1.5% cash back on purchases | – Requires a security deposit |
| – Potential for a higher credit line in 6 months | – High APR |
| – No annual fee |
Capital One QuicksilverOne Cash Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards Credit Card is aimed at people with average credit who still want to earn rewards on their purchases.
This card offers 1.5% cash back on all purchases, which is competitive with other cash-back cards. It also provides up to 6 months of complimentary Uber One membership statement credits through a specific date and 5% cash back on hotels and rental cars booked through Capital One Travel.
The annual fee for this card is $39, and it has a regular APR of 30.74%. It’s designed for those with fair credit and offers a simple rewards structure without the need to track bonus categories.
Capital One QuicksilverOne Cash Rewards Credit Card Pros and Cons
| Pros | Cons |
|---|---|
| – Earns 1.5% cash back on all purchases | – $39 annual fee |
| – Available to those with average credit |
Chase Freedom Rise℠
The Chase Freedom Rise credit card is a solid choice for those starting their credit journey. It doesn’t have a specific bonus category for gas stations, but it offers a flat 1.5% cash back on all purchases, including gas. So, every time you fill up at the pump, you’re earning back a bit of what you spend. Additionally, there’s no annual fee, making it a cost-effective option for building credit.
It also provides benefits like a credit limit increase after six months of on-time payments, a $25 statement credit for enrolling in automatic payments, and 5% cash back on Lyft rides through March 2025. However, remember that it has a high APR and charges foreign transaction fees.
Chase Freedom Rise℠ Pros and Cons
| Pros | Cons |
|---|---|
| – 1.5% cash back on all purchases | – High APR |
| – $25 statement credit offer | – Foreign transaction fees |
| – No annual fee |
U.S. Bank Cash+® Secured Visa® Card
The U.S. Bank Cash+ Visa Signature Card allows you to earn 5% cash back on gas station purchases, among other categories you choose each quarter, up to $2,000 in combined purchases. It can be particularly beneficial for those who spend a lot on gas, as it allows for significant cash back earnings in this category.
U.S. Bank Cash+® Secured Visa® Card Pros and Cons
| Pros | Cons |
|---|---|
| – Customizable 5% cash back categories | – Requires a security deposit |
| – No annual fee | – Complex rewards structure |
Compare Best Guaranteed Approval Gas Credit Cards With Bad Credit
| Credit Card | Cash Back on Gas | Annual Fee | Additional Benefits |
|---|---|---|---|
| Discover it® Secured | 2% at Gas Stations | $0 | Cashback Match at end of first year |
| Capital One Quicksilver Secured | 1.5% on every purchase | $0 | Considered for higher credit line in 6 months |
| Capital One QuicksilverOne | 1.5% on every purchase | $39 | Potential credit limit increase |
| Chase Freedom Rise | 1.5% on every purchase | $0 | $25 statement credit for autopay setup |
| U.S. Bank Cash+ Secured | 2% on gas (choose your category) | $0 | Choose two 5% cashback categories |
Gas Station-Specific Cards With Easy Approval
Fuel cards from gas stations can be a good way to save money, depending on where you work or live. These closed-loop cards only work at specific gas stations.
Gas credit cards that offer closed-loop discounts are available at the pump or inside the convenience store. Many of these cards offer a bigger discount on every gallon of gas after you buy food or drinks inside the store.
Here are a few Gas Station-Specific Cards With Easy Approval:
- Exxon Mobil Smart Card+™
- Shell Fuel Rewards® Card®
- Sunoco Rewards Credit Card
How to Choose a Gas Credit Card for Bad Credit
With bad credit, you have fewer options than someone with good credit, so consider the following points to find the card that best suits your needs.
Check Your Credit Score
If your credit score is between poor and fair (around 579), you might qualify for credit cards that require fair credit. No-credit-check cards may be available for people with no credit history. They may offer better rewards and terms than secured cards or bad credit cards.
Understand your chances of approval before comparing gas credit cards by checking your credit score.
Check Your Favorite Gas Station
The rewards on a co-branded gas credit card may outperform those on a general gas credit card if you refill your car exclusively at that chain of gas stations. Check out credit cards that have boosted gas earnings, like the Discover it® Secured Credit Card, if your favorite gas station chain doesn’t offer a credit card offer.
Security Deposit
Secured credit cards typically have the least strict credit requirements, as you put down a security deposit that often acts as your credit limit.
The credit limit is usually lower than one on an unsecured credit card because you need to fund the card. Secured cards are a great option if you’re trying to rebuild your credit history to qualify for better financial products in the future.
Annual Fee
If you don’t want an annual fee, research and compare credit cards without them. However, paying a small annual fee could be worth it if the card can help you build your credit history and earn rewards.
Review Your Spending Habits
There are several gas credit cards available that offer points or gas discounts on more than just gasoline. Review your average spending habits to find out which card offers the best rewards in the categories you spend the most money on.
Pros and Cons of Guaranteed Approval Gas Credit Cards
Guaranteed approval gas credit cards offer a convenient solution for individuals seeking to build or rebuild their credit while managing fuel expenses. These cards often come with straightforward approval processes, making them accessible to various credit profiles. However, potential users should weigh the benefits against possible drawbacks, such as higher interest rates and fees.
Pros of Guaranteed Approval Gas Credit Cards
- Easy access for individuals with limited or poor credit history.
- Opportunity to build or rebuild credit through consistent use and payments.
- Specific rewards or cash back on gas purchases, enhancing fuel expense management.
- May include additional perks like discounts at partnered gas stations.
- Often report to major credit bureaus, aiding in credit score improvement.
Cons of Guaranteed Approval Gas Credit Cards
- Higher interest rates compared to standard credit cards, increasing the cost of carried balances.
- Potential for additional fees, such as annual fees or charges for specific transactions.
- Limited rewards outside of gas purchases, reducing the card’s utility for other spending.
FAQs
Can You Get a Gas Credit Card For Personal Use?
Yes, gas credit cards are available for personal use and are designed to manage fuel expenses efficiently. These cards often offer rewards or cash back on fuel purchases, making them a practical choice for individuals looking to save money on gas and earn rewards on other spending categories.
Can You Get a Shell Gas Card With Bad Credit?
Obtaining a Shell gas card with bad credit might be challenging, as credit card issuers typically require at least fair credit for approval. However, specific gas cards and secured credit cards are designed to cater to individuals with lower credit scores. These cards can offer a pathway to build or rebuild credit while providing benefits on fuel purchases.
What Credit Score is Required for a Gas Card?
The credit score requirement for a gas card varies by issuer, but a fair to good credit score is typically needed to qualify for most gas credit cards. However, gas cards are available for individuals with lower credit scores, including secured gas cards, which might require a security deposit but can help build or improve credit.
What Are the Benefits of a Gas Card?
Gas cards offer several benefits, including earning rewards or cashback on fuel purchases, which can lead to significant savings over time. They often provide additional perks such as discounts at specific gas stations, enhanced rewards on other spending categories like groceries or dining, and the opportunity to build or improve credit scores by reporting to credit bureaus. Some gas cards also offer sign-up bonuses and promotional interest rates.
What Is the Easiest Gas Card to Be Approved For?
The easiest gas card to be approved for often includes secured gas credit cards, which require a security deposit that typically serves as your credit limit. These cards are more accessible to individuals with limited credit history or lower credit scores, providing a way to build or improve credit while earning rewards on gas purchases.
What Is the Best Guaranteed Approval Gas Credit Card to Get?
The best guaranteed approval gas credit card depends on your needs, spending habits, and credit score. It is ideal to choose a card that offers high rewards on gas purchases and other categories you frequently spend in. Consider cards offering additional perks like no annual fees, introductory APR offers, and bonuses. Comparing cards to find one that aligns with your spending and provides the most value is key.
Conclusion
Guaranteed approval gas credit cards offer a promising solution for those looking to manage fuel expenses while building or improving their credit. While they provide an easy access point to credit, users should be mindful of potential drawbacks such as higher fees and interest rates. Choosing the right card ultimately involves balancing these factors with the benefits of earning rewards on gas purchases.
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