Best Branded Gas Credit Card for Unlimited Cash Back
Cash Advance APR29.99%
Rewards Rate6¢ off every gallon
- Rated #5 in 5 Best Gas Credit Cards
- 6¢ off every gallon, every day
- $0 fraud liability
- Monthly itemization for each card/person on your account
- Citi® Identity Theft Solutions
- Usable only at ExxonMobil stations
- No annual fee
- Doesn't offer a sign-up bonus
- You can't use the card anywhere else
- The card doesn't offer a lot of extra perks
Application Process: Apply online or via the SpeedPay app and get a response within 60 seconds.
Rewards: Get 12¢ for two months then 6¢ off back for every gallon of gas you buy at Exxon/Mobil locations.
APR: 26.99% variable.
Bonus Offers: None.
Annual Fee: None.
The ExxonMobil Smart Card is a gas station credit card from Citi exclusively for use at Exxon and Mobil gas stations. Rewards come in the form of fuel discounts. New cardholders get 12 cents off per gallon for two months, then 6 cents per gallon on every gallon you purchase.
The card is good at the pump and inside 11,0000 Exxon and Mobil branded stations. If you buy gas at Exxon or Mobil regularly, or want to give your kids a card to use for gas that doesn’t also work at the mall, this card may be a great choice. Let’s look at the benefits, the costs, and whether or not it might make sense for you.
ExxonMobil Smart Card review
The ExxonMobil Smart Card is a store credit card for the ExxonMobil family of gas stations and convenience stores. With more than 11,000 locations, odds are you may live or work close to an Exxon or Mobil location. With this card, you get a fuel discount that can add up fast if you drive a lot for work or personal reasons.
The card has no recurring fees, so as long as you always pay on time and don’t take a cash advance, it is possible to use this card with no costs. Paying off any credit card in full by the due date each month will help you avoid all interest charges.
Because the costs are low, there are no major downsides to the card to avoid. While the interest rate is relatively high, this is common for store cards and not an issue if you pay off the card in full. While it isn’t particularly exciting to those who don’t regularly visit Exxon or Mobil stations, regular customers may get a lot of value from the ExxonMobil Smart Card over time.
ExxonMobil Smart Card rewards and perks
The benefit of the Exxon Mobil Smart Card is a discount on every gallon of gas you purchase with the card. New cardholders get a 12 discount per gallon for the first two months and 6 cents off per gallon thereafter. If you apply through the Speedpass+ app on Android or iPhones, you can get an even bigger 50 cent per gallon discount for the first two months.
The Motley Fool estimated that Americans average 656 gallons per driver per year. That’s about 109 gallons during the first two months. If your family has multiple drivers or your drive more than average, your savings could reach into the hundreds of dollars per year.
If you are also a member of the Exxon Mobil Rewards+ program, a free rewards program, you can earn points toward savings on gas and in-store items at Exxon and Mobil convenience stores.
ExxonMobil Smart Card credit card benefits
As a card issued by Citi, you get a handful of useful benefits. Those include online account management, ATM cash access for cash advance transactions, zero fraud liability, and other perks.
One cool and useful feature is a fuel cost and use report for each card. With itemized details, you’ll know exactly where your money is going when it comes to fuel purchases and use.
ExxonMobil Smart Card costs and fees
This card has no annual fee. If you avoid certain fee-bearing activity and pay off the card in full every month, you can use it and get all of the benefits at zero cost.
The card charges variable rate interest of 26.99% APR for purchases and 29.99% for cash advances. This card does not allow balance transfers. Interest rates can change at any time with market interest rate conditions.
If you do engage in a cash advance, you’ll pay a 5% fee ($10 minimum) plus the higher interest rate. Late payments cost up to $38 per occurrence.
Does the ExxonMobil Smart Card make sense for me?
The ExxonMobil Smart Card is a store card, so you can’t use it anywhere other than Exxon or Mobil locations. However, the long-term value of 6 cents off per gallon might make the card a good choice for your needs. If you own a business, consider the business version of the card to keep employees fueled up.
As long as you pay it off, this card may even help your credit in the long-term (expect a short-term dip after getting any new card). With simple and easy-to-use benefits and low costs, regular ExxonMobil customers will do well with the ExxonMobil Smart Card.