Exxon Mobile Gas Credit Card Review

ExxonMobil Smart Card Review


CREDITSHOUT RATING:

Verdict:

Now that the Citi Exxon Mastercard has been discontinued, your only option for a consumer card is the ExxonMobil Smart Card.

The card has no annual fee but very little rewards. The rebate is very low and requires buying at least 45 gallons of fuel per month to get anything back.

If you want gas rewards, there are many better options.

Overview

ExxonMobil premiered the ExxonMobil Smart Card in 2012 when gas prices were spiking. The new consumer card replaces the Citi Exxon Mastercard, which actually had pretty good rewards.

The Smart Card has no annual fee and allows you to earn a $0.06/gallon rebate on Exxon or Mobil gasoline purchases. But it does come with a catch.

Keep in mind the card is not a Visa or Mastercard, so it can only be used at Exxon and Mobil stations.

While ExxonMobil is a giant in the industry, they don’t own more than 900 stations in the United States, so you also may have trouble finding a station to use your card.

ExxonMobil Smart Card Rewards Program

The Smart Card is a standard gas station credit card with a basic rebate program that’s more like a loyalty program.

While the card advertises that you’ll “save 6 cents per gallon,” this is a bit misleading. To qualify for a rebate, you must first buy at least 45 gallons of gasoline per month. If you buy less than this, you will get no rewards at all.

If you do buy at least 45 gallons of Exxon or Mobil fuel in a month, you’ll save $0.06 a gallon that month on up to 100 gallons.

You’ll get a statement credit based on your fuel purchases for the month.

Are There Other Benefits?

The lackluster rebate program is about all the ExxonMobil Smart Card has to offer.

It does include Speedpass, which lets you point your Speedpass key tag without swiping your card. You can also track fuel costs with an itemized bill.

Aside from Citi Identity Theft Solutions and $0 fraud liability (which is standard), there are no other cardholder benefits.

Pros

  • No annual fee.

Cons

  • High APR
  • Very low rewards rate
  • Few Exxon and Mobil brand gas stations
  • Can only be used at Exxon and Mobil stations
  • Must buy at least 45 gallons a month to earn rebates
  • Few cardholder benefits

There Are Better Options!

Even though the ExxonMobil card has no annual fee, you can do a lot better if you want to get cash back on your fuel purchases.

If you’re willing to deal with rotating bonus categories, the Discover it card earns 5% back on popular categories — which include gas, groceries and online shopping — and 1% back on everything else.

The American Blue Cash Preferred Card is another option. It has an annual fee of $95. But for that fee you get 3% cash back on gasoline, 6% back on groceries (on your first $6,000 of grocery spending per year), and 1% back on other spending. The card currently has a sign-up bonus of $100 after you spend $1,000 during the first three months, and one year of free Amazon Prime.

Additionally, Costco members will want to check out the Costco Anywhere Visa. It offers:

  • 4% cash back on gas for the first $7,000 per year, and then 1% thereafter (at Costco and standalone gas stations)
  • 3% cash back on restaurants and travel
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases

Can’t decide between the Blue Cash Preferred and the Costco Visa? Click here to see our comparison guide.

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