I can’t imagine that it has been nearly 7 years since I final up to date this submit. There is no such thing as a query that this submit can use an replace, particularly contemplating how a lot fuel costs have gone up over the past 12 months in Canada.
The higher technique continues to be to buy fuel utilizing a bank card to fulfill minimal spend necessities for brand new promotional enroll bonuses. Since we’d not spend sufficient on fuel to fulfill spend necessities, the opposite technique could be to purchase fuel reward playing cards forward of time (to fulfill minimal spend necessities), for use at a later date.
Nevertheless, right now’s submit is concentrated on the highest day-to-day bank cards to make use of on fuel spending, ranked by annual charges (lowest first). Solely bank cards that supply not less than a 4% or equal return particularly on fuel purchases can be listed. That being mentioned, you’ll discover that all the playing cards beneath nonetheless have a restrict on spending to realize greater than a 4% return.
MBNA Sensible Money Platinum Plus MasterCard
- No annual payment
- Earn 5% money again on fuel purchases (for the primary 6 months or as much as $150 money again whichever comes first, then earn 2% money again for each $1 spent as much as a most of $500 in month-to-month spending, then earn 1% money again for each $1 thereafter)
Meridian Visa Infinite Money Again Card
- $99 annual payment (first yr payment waived)
- $30 annual payment for supplementary cardholders
- Earn 4% money again on fuel purchases (on the primary $25,000 in annual spending, mixed with grocery purchases, then earn 1% for each $1 spent thereafter)
American Specific AIR MILES Platinum Credit score Card
- $120 annual payment
- Earn 1 mile for $5 spent on fuel purchases (on the primary $30,000 in annual spending, mixed with meals, drinks and transit, then earn 1 mile for each $10 spent thereafter)
BMO eclipse Visa Infinite Card
- $120 annual payment (first yr payment waived) (apply earlier than December 6, 2022)
- Earn 5 factors for each $1 spent on fuel purchases (on the primary $50,000 in annual spending, mixed with groceries, eating out and in and transit purchases, then earn 1 level for each $1 spent thereafter)
CIBC Dividend Visa Infinite Card
- $120 annual payment for first time cardholders (first yr payment waived)
- $30 annual payment for a supplementary cardholder (most 3 playing cards)
- Earn 4% money again on fuel purchases (on the primary $20,000 in annual spending, then earn 1% for each $1 spent thereafter)
Scotiabank American Specific Platinum
- $399 annual payment
- $99 for supplementary cardholders
- Earn 4 Scene+ factors for each $1 spent at fuel stations (on the primary $100,000 in annual spending, mixed with grocery shops, eating and leisure purchases, then earn 1 level for each $1 spent thereafter)
BMO eclipse Visa Infinite Privilege Card
- $499 annual payment
- Earn 5 factors for each $1 spent on fuel purchases (on the primary $100,000 in annual spending, mixed with groceries, eating out and in, drugstore purchases, and journey purchases, then earn 1 level for each $1 spent thereafter)
Did I miss any bank cards? Please tell us within the remark part beneath!
