American Express has one of the best all around credit cards with cash rewards right now. This card is basically exclusive to Costco members since the annual fee is waived for Costco members.

Main benefits:

• 3% cash back for gasoline purchases
• 3% cash back for restaurant purchases/dining out
• 2% cash back for travel
• 1% cash back for everything else, including Costco purchases

This card is great because you can replace several cards with this one card if you are so inclined. Most credit cards won’t give you such high cash back rewards for everyday purchases AND give you decent rewards for gas purchases. Typically gas cards can reach up to 5% cash back however they usually don’t give you much cash back on your other daily purchases.

Gas is very expensive now a days so the best way to save money on gas is to use a credit card that gives you cash back for your gasoline purchases. You are going to buy gas regardless of the price so having a credit card that pays you back is the best way you can fight the prices at the pump.

I suggest getting a gasoline credit card that can be used at most gas stations such as this Discover card. The drawback to other gas cards such as Chevron or Shell cards is that you’re limited to receiving the maximum rebate at those gas stations only. With the Discover Gas card you can go anywhere it’s accepted and get the full 5% rebate for buying gas (Discover is accepted at most places such as Chevron, 76, Mobil, Shell, Vallero, etc.).

With gas fast approaching 5 dollars a gallon this card is a very smart move. I’ve received over 100 dollars in cash back in less than 1 year (took me about 9 months) since you get 5% cash back on all gasoline purchases. This card has no annual fee-click the link below to get started: