Do you get bonus points for Chase Sapphire Reserve gas purchases?

The Chase Sapphire Preferred gas rewards are decent. It gives you 1 point per $1 spent at gas stations.

If you're a frequent traveler and want great gas rewards, the Citi Premier Card is a better option. It offers 3 points per $1 spent on travel, including gas stations.

And you can check out WalletHub’s Editor’s Best Gas Credit Cards if you’re interested in earning fuel rewards.

Just about all gas station credit cards can be gas credit cards with instant approval. When you can apply online, it’s almost always possible to receive instant approval (or denial). But issuers never guarantee an instant decision. You’re likely to receive one if you apply for one of the easiest gas cards to get. And in general, your chances for instant approval are high if you apply for a card where your credit score exceeds the minimum required.… read full answer

But issuers consider many factors on an application, such as income, number of recent credit inquiries, past bankruptcies and more. So it’s always possible an issuer will need more time to come to a decision. And the approval process may take longer if the issuer cannot immediately verify the personal information on the application.

Best Gas Credit Cards for Instant Approval:

• Discover it® Secured Credit Card
• Walmart® Store Card
• Costco Anywhere Visa® Card by Citi
• Blue Cash Preferred® Card from American Express
• BP Credit Card
• Shell Credit Card

Again, just about any gas credit card offers instant approval. But that doesn’t necessarily mean you’ll get it. Factors that will increase your likelihood of getting instant approval for any credit card include: a high credit score, a high income, and completely correct and up-to-date information on your credit card application.

Chase Sapphire Reserve is worth its $550 annual fee for frequent travelers who spend at least $4,000 in the first 3 months and qualify for the card’s initial bonus of 60,000 points.

Travelers will get a lot of value out of Chase Sapphire Reserve because it comes with a $300 annual travel credit. This card also offers a total of 10 points per $1 spent on hotels and car rentals booked through Chase, a total of 10 points per $1 spent on prepaid restaurant reservations or takeout orders made through Chase, a total of 5 points per $1 spent on flights purchased through Chase, 3 points per $1 spent on all other travel and dining purchases, and 1 point per $1 on all other purchases. There are several types of travel insurance, too, including a $1 million benefit for serious injury or death, plus a Priority Pass Select airport lounge membership that would usually cost $429 a year.… read full answer

But all those features are only worth it if you travel frequently and have the excellent credit needed to get approved for Chase Sapphire Reserve. And after the first year, you’ll have to spend enough – or utilize enough of the card’s perks – to make it worth owning. For example, if you make the most of the Priority Pass membership ($429 annual value), along with the $300 annual travel credit, you’d recoup the entire annual fee. That shouldn’t be hard for frequent travelers to do every year. And the more benefits you take advantage of, the less you need to spend to break even.

Finally, in order for Chase Sapphire Reserve to be worth it, it’s important to pay the bill in full each month. Otherwise, you’ll end up paying 15.99% - 22.99% (V) interest on the unpaid balance, which will decrease the overall value of the card’s perks and rewards.

More moderate spenders who still want a Chase travel card with a solid complement of travel-friendly features may prefer the Chase Sapphire Preferred® Card. It has an initial bonus of 100,000 points and gives 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. Points are worth just 1.25 cents each toward travel, compared to Chase Sapphire Reserve’s 1.5, but Chase Sapphire Preferred® Card’s annual fee is only $95.