What Are the Best Gas Credit Cards for Fair Credit?

What Are the Best Gas Credit Cards for Fair Credit?

If you're looking for a credit card that can help yousave money on gas, there are several options available. However, if you have fair credit, it can be challenging to find a card that offers rewards and low fees. In this article, we'll discuss the bestgas credit cards for fair creditand what you need to know before applying.

1. Discover it® Secured Credit Card

The Discover it® Secured Credit Card is an excellent option for those with fair credit who want to earn rewards on gas purchases. This card offers 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. Plus, you can earn an unlimited 1% cash back on all other purchases. The card also has no annual fee and comes with a cashback match for new cardmembers at the end of their first year.

2. Capital One® QuicksilverOne® Cash Rewards Credit Card

The Capital One® QuicksilverOne® Cash Rewards Credit Card is another great option for fair credit. This card offers 1.5% cash back on all purchases, including gas. It also has no foreign transaction fees and comes with travel accident insurance. However, it does have an annual fee of $39.

3. Credit One Bank® Platinum Visa® for Rebuilding Credit

The Credit One Bank® Platinum Visa® for Rebuilding Credit is a good option for those with fair credit who want to improve their credit score. This card offers 1% cash back on gas purchases and has no annual fee for the first year. However, after the first year, it does have an annual fee of up to $99, depending on your creditworthiness.

Tips for Applying for a Gas Credit Card

When applying for a gas credit card, there are several things to keep in mind. First, make sure you meet the credit score requirements. These requirements vary depending on the card, so make sure to check before applying. Second, consider the fees associated with the card, such as annual fees and foreign transaction fees. Finally, make sure you understand the rewards program and how you can redeem your rewards.

Saving Money with a Gas Credit Card

One of the biggest benefits of using a gas credit card is the ability to save money on gas. By earning cash back or rewards points, you can reduce the cost of your gas purchases. Additionally, some cards offer other benefits, such as discounts on car rentals or roadside assistance.

Avoiding Annual Fees and Other Risks

While gas credit cards can be a great way to save money, they do come with risks. One of the biggest risks is annual fees. Make sure you understand the fees associated with the card before applying. Additionally, make sure you pay your bill on time and in full each month to avoid interest charges and late fees.

Credit Card Company Recommendations

When choosing a credit card company, it's important to consider factors such as customer service, rewards programs, and fees. Some of the top credit card companies include Chase, Capital One, and Discover. However, it's important to do your research and choose a company that meets your specific needs.

In conclusion, if you have fair credit and want to save money on gas, there are several gas credit cards available. Make sure to choose a card that meets your needs and offers the rewards and benefits you're looking for. Additionally, make sure to use your card responsibly to avoid fees and other risks.