With the crazy gas price these days, every bit you can save helps. Here is a list of credit cards that offer 5% cash back on gas purchases.
1. BP Visa card from Chase - gives you 5% cash back on gas purchases at BP gas stations, 2% back on restaurant and travel purchases and 1% on everything else. The bonus is double in the first 60 days after application.
2. PenFed Platinum Rewards Card - 5% cash back on gas purchased at the pump, 2% cash back on super-market purchases and 1% on everything else. Membership to PenFed can be had by joining the National Military Family Association (NMFA).
For a limited time, PenFed also has a "2.99% APR for the life of the balance" offer for balance transfers, see earlier post on this.
3. American Express Simply Cash Business card - 5% cash back on gas purchased at the pump, on office supplies and on your wireless phone bill; 1% on everything else.
None of these cards have an annual fee and as everybody knows, all require a hard pull on your credit report.
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