The Shell Gas Card has a $0 annual fee and offers rebates of 10 cents to 30 cents per gallon, up to 20 gallons per fill-up, every time cardholders get gas at a Shell station. Cardholders also get a 10% rebate on the first $1,200 in non-fuel Shell purchases per year. Plus, the Shell Gas Card also requires just fair credit for approval. That’s the good news.
The not-so-good news is the Shell Gas Card can only be used to make Shell purchases. That is in direct contrast to the Shell Mastercard Credit Card, which requires at least good credit for approval, rewards users with at least 1% back wherever Mastercard is accepted, and gives up to 2% back on dining and groceries.
But if you only want a credit card for Shell spending, that shouldn’t be a big deal. Keep reading below to learn more about whether a Shell Gas Card is right for you.
Shell Gas Card Review Highlights:
- Extra savings promotion. For a limited time, newly approved cardholders will earn a rebate of 30 cents per gallon, on up to 20 gallons, for each of the first five Shell fill-ups paid for with the Shell Gas Card.
- 10 cents off every gallon. The Shell Gas Card’s standard rebate is 10 cents per gallon, up to 20 gallons per fill-up. That’s about 4% cash back when gas costs $2.50 per gallon. For context, the market’s best gas rewards cards offer 5% back on gas purchased at any station. And the best general-purpose rewards card for people with fair credit, Capital One QuicksilverOne, offers 1.5% cash back on all purchases.
- No annual fee. Gas station-affiliated credit cards don’t tend to charge annual fees, so you shouldn’t overstate the importance of this particular feature. With that being said, the Shell Card’s lack of an annual fee does make it about $20 per year cheaper than the average credit card, market-wide.
- Very high APR. The average credit card for someone with fair credit has a 23.63% regular APR, according to WalletHub research, while the average card offer overall charges about 18.61%. This paints the Shell Card’s APR in a decidedly negative light, illustrating why carrying a balance from month to month would be a big mistake.
- Requires fair credit or better. This is the standard credit requirement for store credit cards. It also means the Shell Gas Card is easier to get than the Shell Credit Card, which requires good credit or better. You can check your credit score for free on WalletHub to see which offer you’re likely to get approved for.
Finally, it’s important to remember that there are plenty of ways to save money on gas that don’t involve a Shell rewards card. For starters, most other gas station chains have their own rewards cards, which are at least worth considering if you aren’t totally committed to Shell. You should also check out cards offering gas rewards at any station as well as those with especially lucrative rewards on other everyday expenses. After all, your total savings are what really matter, not how much you save on gas in particular.