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The 10 Best Credit Cards for Purchasing Gift Cards [2023]

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Christine Krzyszton
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Christine Krzyszton

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Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, deta...
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Nick’s passion for points began as a hobby and became a career. He worked for over 5 years at The Points Guy and has contributed to Business Insider and CNN. He has 14 credit cards and continues to le...
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It’s difficult to find the perfect gift for that milestone birthday, wedding, graduation, or another special event, but everyone welcomes a gift card. You’re actually giving the person a personalized shopping experience as opposed to items that may (or may not) be needed or wanted.

Gift cards can also be used for functional purposes such as paying bills and purchasing items you’d normally be buying with cash or credit.

Purchasing gift cards with your rewards-earning credit card can provide an additional dimension to the transaction — you could earn rewards!

And that’s our topic today. We’re going to explore the possibility of purchasing gift cards with your rewards-earning credit card, the benefits of doing so, and also look at some of the potential downsides to watch out for.

It’s an exciting topic and one we can’t wait to dive into, so let’s get started.

The 10 Best Cards for Purchasing Gift Cards — Overview

Before we get into the details of purchasing gift cards with a credit card, let’s look at a breakdown of which cards work best where. Here are the cards we’ll discuss today and where you might find the best rewards when purchasing gift cards.

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CardWelcome Offer and Annual FeeBenefits for Gift Card Purchases
American Express® Gold Card
  • Earn 60,000 points when you spend $6,000 on purchases in the first 6 months.
  • Annual fee of $250 (rates & fees)
  • 4x points at U.S. supermarkets, up to $25,000 per calendar year in purchases, and 1x thereafter
Blue Cash Everyday® Card from American Express
  • Earn a $200 statement credit after spending $2,000 in purchases in the first 6 months.
  • Annual fee of $0 (rates & fees)
  • 3% cash-back on purchases at U.S. supermarkets on up to $6,000 in purchases each year, then 1% back after.
  • 3% cash-back on purchases at U.S. gas stations on up to $6,000 in purchases each year, then 1% back after.
Blue Cash Preferred® Card from American Express
  • Earn a $250 statement credit after spending $3,000 in purchases in the first 6 months.
  • Annual fee of $0 intro annual fee for the first year, then $95 (rates & fees)
  • 6% cash-back at U.S. supermarkets (up to $6,000 per year)
  • 3% cash-back on U.S. gas stations
Ink Business Cash® Credit Card
  • Earn $750 cash back after spending $6,000 in the first 3 months.
  • Annual fee of $0
  • 5% cash-back on up to $25,000 spent in combined purchases at office supply stores each account anniversary year
Huntington Voice Business Credit Card℠*
  • No welcome offer available.
  • Annual fee of $0
  • 4% cash-back earnings in 1 of 10 bonus categories each quarter — including office supply stores, grocery stores, and gas stations — on up to $7,000 in purchases each quarter
The Hilton Honors American Express Surpass® Card
  • Earn 130,000 points after spending $3,000 in the first 6 months.
  • Annual fee of $150 (rates & fees)
  • 6x points at U.S. supermarkets, U.S. restaurants, and U.S. gas stations
  • 4x points on U.S. online retail purchases
Citi Premier® Card
  • Earn 60,000 points after spending $4,000 in purchases within the first 3 months. Plus, for a limited time, earn a total of 10 points per $1 spent on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel portal through June 30, 2024.
  • Annual fee of $95
  • 3x points at supermarkets and gas stations
Costco Anywhere Visa® Card by Citi
  • No welcome offer available.
  • Annual fee of $0
  • 4% cash-back at gas stations on the first $7,000 per year
  • 2% cash back on all other purchases from Costco and Costco.com
Chase Freedom Flex℠*
  • Earn a $200 bonus after you spend $500 on purchases in your first 3 months.
  • Annual fee of $0
  • 5% back on quarterly categories
  • 3% back on drugstore purchases
U.S. Bank Cash+® Visa Signature® Card*
  • Earn a $200 bonus after spending $1,000 on eligible purchases within the first 120 days.
  • Annual fee of $0
  • 5% cash-back on 2 quarterly bonus categories (up to $2,000 per quarter)
  • 2% cash-back on 1 everyday category (including grocery stores and gas stations)

*All information about these cards has been collected independently.

Why Use a Credit Card To Purchase a Gift Card

The primary reason you’d want to purchase gift cards with a credit card is to earn rewards. Whether you’re purchasing the gift card to use as an actual gift, utilizing the gift card to pay your bills, or using the card for purchases you planned to make anyway, earning rewards on the purchase could make the transaction economically desirable.

There may also be incentives to reach certain spending levels on a credit card, such as qualifying for a waiver of annual airline spending requirements or earning a free hotel night.

Although gift cards may count towards spending thresholds on a credit card, we do not recommend buying gift cards to meet minimum spending requirements that will earn you a welcome bonus as card issuers frown on this practice.

Hot Tip: You won’t earn additional rewards when you spend your gift card, so be sure to use an online shopping portal like Rakuten to make your purchase in order to receive additional potential earnings. Check out CashBack Monitor to determine which portal is offering the most rewards for your upcoming purchase. You may be able to double-dip and earn rewards both when you purchase your gift card (with your rewards-earning credit card) and when you shop with your gift card. 

Types of Gift Cards

Happy Cards
Some gift cards can be used at a single merchant while others can be used at multiple merchants. Image Credit: GiftCards.com

Gift cards come in a variety of flavors, including those that can only be used at 1 specific retailer, those that work at multiple stores, and those that are limited to a single payment processing network such as Visa or Mastercard.

Here are a few of the types of gift cards you’ll encounter during your shopping:

Single-store Gift Cards

Single-store gift cards can only be used at a specific merchant. Examples of single-store gift cards would be those that include a branded label, such as a Bed Bath & Beyond gift card, Lowe’s, Applebee’s, Target, etc. These cards are often referred to as closed-loop cards.

Multiple-store Gift Cards

Multiple-store gift cards come in all sorts of combinations with fun names such as Happy Cards, Spafinder, ChoiceCard, or Giving Good cards. Additionally, you’ll find multi-store gift cards that can be used at a family of partner merchants such as a Sam’s Club gift card that can also be used at Walmart, or a Darden’s gift card that can be used at a variety of restaurants such as Olive Garden, Bahama Breeze, Longhorn Steakhouse, and more.

Single-category Gift Cards

Category gift cards allow you to make purchases with merchants in a specific category. The Everywhere family of Visa gift cards, for example, has categories such as Fashion, Dining, Fuel, Explore, Groceries, and more.

You can use these gift cards with any participating merchant that sells the items or services in the specific card category.

Single-network Gift Cards

Certain gift cards are not limited to purchases with specific merchants but work with merchants that accept a particular payment processing network. You can purchase Visa, Mastercard, or American Express gift cards that may be used anywhere these payment processing networks are accepted.

There is a fee charged when purchasing these cards, unlike most single, multi-store, or category gift cards that may not charge an additional fee.

Bottom Line: There are several different types of gift cards, including those that only work at a single merchant, those that work at several stores, and gift cards that can be used at any store that uses the same processing network as the gift card. Single-network gift cards such as Visa, Mastercard, and American Express gift cards charge a fee at the point of sale. Regardless of the type of gift card you purchase, prior to making the purchase, be sure to know exactly how and where the gift card can be used.

Purchasing Gift Cards With Credit Cards — Proceed With Caution

Chances are you won’t have a problem purchasing gift cards with a credit card, but there can be hiccups, especially if you purchase gift cards in volume. You may not earn the level of rewards you expected, gift cards could be excluded as an eligible purchase by the card issuer, or in volume, there may be more of a chance for problems to surface with activation and/or using the gift card.

We’ll get into the details of the potential downsides of purchasing gift cards with a credit card later on in our article. However, because there are far more positives than negatives to the practice, we’ll focus on the positive aspects for now.

Here are some of the best credit cards you can use to purchase gift cards and earn maximum rewards.

The 3 Best Credit Cards for Purchasing Gift Cards at Grocery Stores

Gift card purchase at grocery store
You can buy cruise line gift cards at grocery stores to earn some big-time points! Image Credit: Katie Seemann

Grocery stores commonly sell a large variety of gift cards. It’s also easy to add a gift card at checkout time when you do your weekly grocery shopping.

Here’s a sampling of the types of gift cards you might find at your local grocery store.

  • Gift cards for that particular grocery store (Safeway, Giant, Meijer, etc.)
  • Other grocery, stores such as Whole Foods
  • Entertainment and streaming gift cards (Netflix, Google Play, etc.)
  • Travel and transportation (Uber, Hotels.com, Delta Air Lines, gas stations, etc.)
  • Food delivery service gift cards such as DoorDash
  • Home improvement store gift cards
  • Department store gift cards
  • Visa, Mastercard, and American Express gift cards
  • Restaurant gift cards
  • Multi-store gift cards such as Happy Cards, Everywhere cards, etc.
  • And many more

It’s worth noting that most credit card issuers do not categorize warehouse-type stores, such as Target or Walmart, as grocery stores.

Here are some of the best cards for supermarket purchases, including gift cards:

1. American Express® Gold Card

BEST FOR DINING
American Express® Gold CardTerms Apply / Rates & Fees

American Express® Gold Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!

Learn More(at Amex's secure site)

Apply With Confidence

Know if you're approved with no credit score impact

If you're approved and accept this Card, your credit score may be impacted.

American Express® Gold Card

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!
Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months.
60,000 points
$1,320
$250
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The American Express® Gold Card is a game-changer.

With this card, you can earn 4x Membership Rewards points at restaurants and you’ll also earn 4x Membership Rewards points at U.S. supermarkets on up to $25,000 per calendar year in purchases, then 1x.

There isn’t another card on the market that offers a 1-2 punch like this. Of course, there are several other benefits of the Gold Card as well, including extra monthly dining rewards and more.

Pros

  • 4x points per dollar at restaurants, plus takeout and delivery in the U.S.
  • 4x points per dollar at U.S. supermarkets, up to $25,000 per calendar year in purchases; and 1x thereafter
  • 3x points per dollar on flights purchased directly from airlines or at Amex Travel
  • Up to $120 annual dining credit: up to $10 monthly statement credit when you pay with the Amex Gold card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations
  • Up to $120 in annual Uber Cash: get $10 monthly in Uber Cash for Uber Eats orders or Uber rides in the U.S. when you add your Gold Card to your Uber account
  • No foreign transaction fees (see rates and fees)
  • Access to Amex’s The Hotel Collection
  • Access to American Express transfer partners

Cons

  • Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
  • Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
  • Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property.
  • Choose the color that suits your style. Gold or Rose Gold.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 90,000 points with the Amex Gold card. The current public offer is 60,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

With elevated rewards of 4x Membership Rewards points for up to $25,000 in U.S. supermarket purchases each year, the Amex Gold card is the perfect card to purchase an occasional gift card.

2. Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American ExpressTerms Apply / Rates & Fees

Blue Cash Everyday® Card from American Express

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This cash-back card offers a capped 3% at U.S. supermarkets, 3% at U.S. gas stations, and 3% on U.S. online retail purchases!

Learn More(at Amex's secure site)

Apply With Confidence

Know if you're approved with no credit score impact

If you're approved and accept this Card, your credit score may be impacted.

Blue Cash Everyday® Card from American Express

This cash-back card offers a capped 3% at U.S. supermarkets, 3% at U.S. gas stations, and 3% on U.S. online retail purchases!
Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.
$200
$0
19.24%-29.99% Variable,0% on purchases for 15 months
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

When it comes to cash-back credit cards, there are dozens of options to choose from. So what sets the Blue Cash Everyday® Card from American Express apart from the rest?

This card is excellent at earning cash-back on your everyday purchases at U.S. supermarkets, U.S. gas stations, and on U.S. online retail purchases. So if you regularly spend money on everyday purchases, this could be the perfect card to add to your wallet.

Pros

  • 3% back on purchases at U.S. supermarkets on up to $6,000 in purchases each year, then 1% back after.
  • 3% back on purchases at U.S. gas stations on up to $6,000 in purchases each year, then 1% back after.
  • 3% back on purchases on online retail purchases on up to $6,000 in purchases each year, then 1% back after.
  • Monthly credit towards The Disney Bundle
  • Monthly credit towards Home Chef

Cons

  • Rewards are not flexible and can only be redeemed for cash-back. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.
  • No Annual Fee.
  • Balance Transfer is back! Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, 19.24% to 29.99% variable APR.
  • 3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%.
  • 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%.
  • 3% Cash Back at U.S. gas stations, on up to $6,000 per year, then 1%.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.
  • Thinking about getting the Disney Bundle which can include Disney+, Hulu, and ESPN+? Your decision made easy with $7/month back in the form of a statement credit after you spend $9.99 or more each month on an eligible subscription (subject to auto renewal) with your Blue Cash Everyday® Card. Enrollment required.
  • Enjoy up to $15 back per month when you purchase a Home Chef meal kit subscription (subject to auto renewal) with your enrolled Blue Cash Everyday® Card.
  • Terms Apply.

Financial Snapshot

  • APR: 19.24%-29.99% Variable,0% on purchases for 15 months
  • Foreign Transaction Fees: 2.7% of each transaction after conversion to US dollars.

Card Categories

Although the Amex Blue Cash Everyday card earns well with capped 3% cash-back on U.S. supermarket purchases, you won’t have to pay an annual fee. Plus, you might use the card for a major purchase (or purchases) as the introductory 0% APR will save you interest charges while you repay the purchase back over time. As with all introductory 0% APR offers, regular interest rates apply after the introductory period (rates & fees).

Hot Tip: If your insurance company takes credit or debit cards, you may be able to purchase Visa or Mastercard gift cards at the supermarket, earn elevated rewards, then pay your insurance bill (which may normally result in just 1x earnings) with your gift cards. 

3. Blue Cash Preferred® Card from American Express

HIGHEST CASH BACK
Blue Cash Preferred® Card from American ExpressTerms Apply / Rates & Fees

Blue Cash Preferred® Card from American Express

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is great for those who want to earn cash-back with U.S. supermarkets, U.S. streaming subscriptions, transit, and U.S. gas stations.

Learn More(at Amex's secure site)

Apply With Confidence

Know if you're approved with no credit score impact

If you're approved and accept this Card, your credit score may be impacted.

Blue Cash Preferred® Card from American Express

This card is great for those who want to earn cash-back with U.S. supermarkets, U.S. streaming subscriptions, transit, and U.S. gas stations.
Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
$250
$0 intro annual fee for the first year, then $95.
19.24%-29.99% Variable,0% on purchases for 12 months
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Blue Cash Preferred® Card from American Express is a stellar cash-back credit card for those looking to maximize every purchase they make.

With bonus categories like U.S. supermarkets, select streaming services, U.S. gas stations, and transit purchases, this card rewards you for the items you spend the most on in a big way! For those looking to earn up to 6% cash-back on their purchases, this could be the card for you!

Pros

  • 6% cash-back at U.S. supermarkets (up to $6,000 per year) and on select streaming services
  • 6% cash-back on select U.S. streaming subscriptions
  • 3% cash-back on U.S. gas stations and transit (including rideshares, parking, etc.)
  • 1% cash-back on all other purchases

Cons

  • $0 intro annual fee for the first year, then $95 annual fee (rates and fees)
  • Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low Intro APR: 0% on purchases and balance transfers for 12 months from the date of account opening. After that, your APR will be a variable APR of 19.24% - 29.99%. Variable APRs will not exceed 29.99%.
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations.
  • 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.
  • Get up to $120 in statement credits annually when you pay for an auto-renewing subscription to Equinox+ at equinoxplus.com with your Blue Cash Preferred® Card. That’s $10 in statement credits each month. Enrollment required.
  • Thinking about getting the Disney Bundle which can include Disney+, Hulu, and ESPN+? Your decision made easy with $7/month back in the form of a statement credit after you spend $9.99 or more each month on an eligible subscription (subject to auto renewal) with your Blue Cash Preferred® Card. Enrollment required.
  • Terms Apply.

Financial Snapshot

  • APR: 19.24%-29.99% Variable,0% on purchases for 12 months
  • Foreign Transaction Fees: 2.7% of each transaction after conversion to US dollars.

Card Categories

Rewards Center

Redeem cash-back through your American Express account

With a nice welcome bonus and 6% cash-back at U.S. supermarkets (up to $6,000 in purchases each year; 1x thereafter), the Amex Blue Cash Preferred card presents a compelling argument for making it your everyday spending card.

The 2 Best Credit Cards for Purchasing Gift Cards at Office Supply Stores

As a business owner, you’ll have plenty of reasons to purchase gift cards at office supply stores. Office renovations, promotional incentives for employees, and paying for business dining/travel/entertainment could be likely examples.

Here are a couple of business credit cards that can be used for earning maximum rewards at office supply stores.

1. Ink Business Cash® Credit Card

Ink Business Cash® Credit Card

Ink Business Cash® Credit Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card offers great rewards and no annual fee. Any new business owner that needs to get going will enjoy this card.

Learn More(at Chase's secure site)

Ink Business Cash® Credit Card

This card offers great rewards and no annual fee. Any new business owner that needs to get going will enjoy this card.
Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
$750
$750
$0
0% intro APR on purchases for 12 months; 18.49% - 24.49% variable thereafter.
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Ink Business Cash® Credit Card has a lot going for it that makes it a compelling choice for small business owners. The card features a very lucrative 5% back on up to $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year.

When you factor in that the card has no annual fee, and 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter, you could be adding big value back into your business for no cost out of pocket.

Pros

  • Earn 5% back on up to $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year
  • Earn 2% back on up to $25,000 spent in combined purchases at gas stations and restaurants, and 1% back on all other purchases
  • Travel insurance and purchase protection
  • 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter
  • Employee cards at no additional cost
  • No annual fee

Cons

  • Spending caps in bonus categories
  • Low points earning outside of bonus categories
  • 3% foreign transaction fees
  • Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won’t be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC

Financial Snapshot

  • APR: 0% intro APR on purchases for 12 months; 18.49% - 24.49% variable thereafter.
  • Foreign Transaction Fees: 3% of each transaction in U.S. dollars

Card Categories

Rewards Center

Chase Ultimate Rewards

The Ink Business Cash card is likely the best card for office supply store purchases as it earns 5% cash-back (in the form of Ultimate Rewards points) on up to $25,000 in purchases each account anniversary year.

Ultimate Rewards points earned on the card can be transferred to Chase premium cards such as the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® for up to 50% more value when redeemed for travel via the Chase travel portal. Points, once transferred, can then be transferred again to the Chase transfer partners for even greater potential value.

2. Huntington Voice Business Credit Card℠

With 4% cash-back earnings in 1 of 10 bonus categories each quarter — including office supply stores — the Huntington Voice Business card is a good choice for earning on your business purchases, all without an annual fee.

Because you can earn 4% on up to $7,000 in purchases each quarter, you could earn up to $1,120 each year. Other bonus categories include grocery stores, gas stations, travel/entertainment, restaurants, electronics stores, utilities, warehouse/discount stores, department stores, home improvement, and auto parts stores.

Bottom Line: With the wide variety of expenses business owners have, there should be no problem maximizing spending limits for bonus categories that include office supply stores. 

The 5 Best Credit Cards for Purchasing Gift Cards at Gas Stations

Paying for gas with a credit card
Image Credit: LIGHTFIELD STUDIOS via Adobe Stock

Gas stations often run promotions on gift cards, including for their own brand, single-store gift cards, or Visa/Mastercard gift cards. Picking up a gift card when filling up your tank is an easy way to multiply your rewards. Note that not all gas stations will accept credit cards as payment for a gift card.

Here are a few cards that reward your gas station purchases well:

1. Hilton Honors American Express Surpass® Card

Hilton Honors American Express Surpass® CardTerms Apply / Rates & Fees

Hilton Honors American Express Surpass® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

An excellent high-earning Hilton credit card that comes with perks like Hilton Honors Gold status and up to $200 in Hilton credits every year.

Learn More(at Amex's secure site)

Apply With Confidence

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Hilton Honors American Express Surpass® Card

An excellent high-earning Hilton credit card that comes with perks like Hilton Honors Gold status and up to $200 in Hilton credits every year.
Earn 130,000 Hilton Honors Bonus Points after you spend $3,000 in purchases on the Hilton Honors American Express Surpass® Card in your first 6 months of Card Membership.
130,000 points
$650
$150
20.99%-29.99% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

If you’re someone who loves traveling and loves staying in Hilton hotels, adding a co-branded Hilton hotel card to your wallet is almost a no-brainer. From automatic Hilton elite status to up to $200 in Hilton credits every year, the Hilton Honors American Express Surpass® Card can be a great fit for Hilton loyalists looking to up their travel game.

Pros

  • 12x points per $1 at Hilton hotels
  • 6x points per $1 U.S. supermarkets, U.S. gas stations, and U.S. restaurants
  • 4x points per $1 at U.S. online retail purchases
  • 3x points per $1 on all other purchases
  • Complimentary Hilton Honors Gold status
  • No foreign transaction fees

Cons

  • Annual fee of $150.
  • Earn 130,000 Hilton Honors Bonus Points after you spend $3,000 in purchases on the Hilton Honors American Express Surpass® Card in your first 6 months of Card Membership.
  • Get up to $200 back each year on eligible Hilton purchases after you use your Hilton Honors American Express Surpass® Card.
  • Earn 12X Hilton Honors Bonus Points for each dollar of eligible purchases charged on your Card directly with a hotel or resort within the Hilton portfolio.
  • Earn 6X Points for each dollar of purchases on your Card at U.S. restaurants, at U.S. supermarkets, and at U.S. gas stations.
  • Earn 4X Points for each dollar on U.S. Online Retail Purchases.
  • Earn 3X Points for all other eligible purchases on your Card.
  • Earn a Free Night Reward from Hilton Honors after you spend $15,000 on eligible purchases on your Card in a calendar year.
  • Enjoy complimentary Hilton Honors ™ Gold Status with your Hilton Honors American Express Surpass® Card.
  • Spend $40,000 on eligible purchases on your Card in a calendar year and you can earn Hilton Honors™ Diamond Status through the end of the next calendar year.
  • Enjoy complimentary National Car Rental® Emerald Club Executive® status. Enrollment in the complimentary Emerald Club® program is required. Terms apply.
  • No Foreign Transaction Fees. Enjoy international travel without additional fees on purchases made abroad.
  • $150 annual fee.
  • Terms Apply.

Financial Snapshot

  • APR: 20.99%-29.99% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

Hilton Honors

The Hilton Surpass card earns big at U.S. gas stations with 6x Hilton Honors points per dollar spent. You’ll also earn 6x points per dollar spent at U.S. grocery stores and at U.S. restaurants.

The card also offers a Free Night Reward after spending $15,000 on the card in a calendar year, up to $50 in statement credits per quarter for Hilton purchases (up to $200 annually), and complimentary National Car Rental Emerald Club Executive status upon enrollment.

2. Citi Premier® Card

Citi Premier® Card

Citi Premier® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

Frequent flyers will enjoy 3x ThankYou Points at restaurants, gas stations, supermarkets, air travel, and hotels.

Learn More(at our partner's secure site)

Citi Premier® Card

Frequent flyers will enjoy 3x ThankYou Points at restaurants, gas stations, supermarkets, air travel, and hotels.
Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening. Plus, for a limited time, earn a total of 10 ThankYou® Points per $1 spent on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel℠ portal through June 30, 2024.
60,000 points
$960
$95
21.24% - 29.24% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Citi Premier® Card is an excellent option for anyone looking for an all-around travel rewards credit card. The card helps you earn points fast with great 3x bonus categories such as restaurants, supermarkets, gas stations, airfare, and hotels. Plus, it offers access to airline and hotel transfer partners, doesn’t charge foreign transaction fees, and has a reasonable annual fee!

Pros

  • 3x points at restaurants, supermarkets, gas stations, airfare, and hotel purchases
  • Access to Citi transfer partners
  • Annual hotel credit
  • No foreign transaction fees

Cons

  • $95 annual fee
  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening. Plus, for a limited time, earn a total of 10 ThankYou® Points per $1 spent on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel℠ portal through June 30, 2024.
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Other Hotels
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 60,000 ThankYou® Points are redeemable for $600 in gift cards redeemable for $600 in gift cards or travel rewards at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases

Financial Snapshot

  • APR: 21.24% - 29.24% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

Citi ThankYou Rewards

Earning 3x ThankYou Points on gas purchases, air travel/hotels, and at supermarkets and restaurants makes the Citi Premier card a good choice for everyday purchases, including at gas stations.

3. Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

Learn More(at our partner's secure site)
None
$0
20.49% Variable

The Costco Anywhere Visa® Card by Citi is a great Citi’s cash-back rewards card designed specifically for Costco Members.

  • Discover one of Citi’s best cash back rewards cards designed exclusively for Costco members
  • 4% cash back on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter
  • 3% cash back on restaurants and eligible travel purchases
  • 2% cash back on all other purchases from Costco and Costco.com
  • 1% cash back on all other purchases
  • No annual fee with your paid Costco membership and enjoy no foreign transaction fees on purchases
  • Receive an annual credit card reward certificate, which is redeemable for cash or merchandise at U.S. Costco warehouses, including Puerto Rico

Financial Snapshot

  • APR: 20.49% Variable
  • Foreign Transaction Fees: None

Card Categories

With no annual fee and 4% cash-back at gas stations and on EV charging purchases on the first $7,000 per year, the Costco Anywhere card is the perfect card for Costco members to make gas station purchases. You’ll also earn 2% on other Costco purchases, including in-store gift cards.

4. Blue Cash Preferred® Card from American Express

In addition to earning well at U.S. supermarkets, the Amex Blue Cash Preferred card earns 3% cash-back at U.S. gas stations.

5. Blue Cash Everyday® Card from American Express

The Amex Blue Cash Everyday card earns 3% cash-back at U.S. gas stations, up to $6,000 in purchases each year.

Bottom Line: Gas stations can sell all sorts of gift cards, not just gas gift cards. It’s also common to find in-store promotions that offer greater earnings or discounted/free gas. 

The 2 Best Credit Cards for Purchasing Gift Cards From Rotating Bonus Category Merchants

Some cards offer bonus-earning categories that change quarterly. This can present unique rewards-earning opportunities. Here are just 2 of the best cards that offer quarterly bonus earnings in specific categories.

1. Chase Freedom Flex℠

Chase Freedom Flex℠

Chase Freedom Flex℠

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Freedom Flex card is an excellent no-annual-fee card that still earns big with 5% cash-back on travel and other bonus categories.

Chase Freedom Flex℠

The Freedom Flex card is an excellent no-annual-fee card that still earns big with 5% cash-back on travel and other bonus categories.
Earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.
$200
$0
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Chase Freedom Flex℠ sure does pack quite a punch — especially for a no-annual-fee card.

The Freedom Flex card is an incredible option for those looking for a well-rounded cash-back card, or a powerful point-earner when paired with a premium card in the Ultimate Rewards family.

Pros

  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • Powerful cash-back earner: 5% back on quarterly categories and travel purchases through Chase Ultimate Rewards, 3% back on dining and drugstore purchases, and 1% back on all other purchases
  • No annual fee
  • Excellent cell phone insurance
  • Ability to pool points
  • Mastercard World Elite benefits

Cons

  • 3% foreign transaction fees in U.S. dollars
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • No annual fee - You won't have to pay an annual fee for all the great features that come with your Freedom Flex℠ card
  • Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
  • Member FDIC

Financial Snapshot

  • Foreign Transaction Fees: None

Card Categories

Rewards Center

Chase Ultimate Rewards

You can’t beat the Freedom Flex card‘s 5% cash-back on up to $1,500 in purchases each quarter when spending at quarterly bonus-earning merchants. Here are some examples of merchants that may sell gift cards:

  • Amazon
  • Department stores
  • Drugstores
  • Home improvement stores
  • Gas stations
  • Office supply stores
  • PayPal
  • Restaurants
  • Warehouse clubs and superstores

2. U.S. Bank Cash+® Visa Signature® Card

U.S. Bank Cash+® Visa Signature® Card

U.S. Bank Cash+® Visa Signature® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card was made for those looking to maximize and rotate their cash-back rewards across a large range of regular expenses.

U.S. Bank Cash+® Visa Signature® Card

This card was made for those looking to maximize and rotate their cash-back rewards across a large range of regular expenses.
Earn a $200 bonus after spending $1,000 in eligible purchases within the first 120 days of account opening.
$200
$0
0% Intro APR on purchases and balance transfers for the first 15 billing cycles. After that, 19.74% - 29.74% (Variable).
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The U.S. Bank Cash+® Visa Signature® Card is a great card for those looking to maximize their cash-back rewards by earning up to 5% back from a variety of expense categories.

The cardholder gets to choose 2 categories every quarter. It’s also the best cash-back card to use for utility bills, a tricky expense to get solid rewards back for.

Pros

  • 5% cash-back across a large range of expense categories (you choose 2 categories every quarter), including utility bills (a rare perk for a credit card), home utilities, cell phone providers, fast food, TV, internet and streaming services, gym/fitness centers, and more
  • 5% cash-back on prepaid air, hotel, and car reservations booked directly in the Rewards Center
  • 2% cash-back on 1 everyday category, including grocery stores, restaurants, and gas stations
  • 1% cash-back on all other purchases
  • 0% Intro APR on purchases and balance transfers for the first 15 billing cycles; after that, a variable APR currently19.49 – 29.49%
  • No annual fee

Cons

  • Your 5% cash-back rewards on the top 2 categories of your choosing are limited to $2,000 in combined eligible purchases each quarter
  • Cash-back for travel expenses must be made through the Rewards Center
  • $200 bonus after spending $1,000 in eligible purchases within the first 120 days of account opening.
  • 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose
  • 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Center
  • 2% cash back on one everyday category, like Gas Stations/EV Charging Stations, Grocery Stores or Restaurants
  • 1% cash back on all other eligible purchases
  • 0% Intro APR on purchases and balance transfers for the first 15 billing cycles. After that, a variable APR currently 19.74 – 29.74%
  • No Annual Fee
  • Terms and conditions apply.

Financial Snapshot

  • APR: 0% Intro APR on purchases and balance transfers for the first 15 billing cycles. After that, 19.74% - 29.74% (Variable).
  • Foreign Transaction Fees: 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars or 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency

Card Categories

The no-annual-fee U.S. Bank Cash+ Signature card earns 5% cash-back on 2 quarterly bonus categories (up to $2,000 per quarter) and 2% on 1 category.

Bottom Line: Merchants and service providers offered as quarterly bonus categories may sell gift cards that could help you maximize earnings each quarter on your rewards-earning credit card. 

Additional Sources for Discounts and Bonus Earnings on Gift Cards

Family Fare Gift Card Offer
Check local weekly ad circulars for merchant offers on gift cards. Image Credit: Family Fare

Be on the lookout for opportunities to earn additional rewards when purchasing gift cards with your credit card. Here are some examples of places to look:

Amex Offers

It always pays to scroll through your Amex Offers for deals on gift cards. An example of a recent offer was a $15 statement credit for a purchase of $100 or more in Happy Gift cards. Since Happy Gift cards charge no additional fees, you could make $15 on the deal.

An additional offer of a $50 statement credit for a $200 Marriott purchase triggered when purchasing a Marriott gift card at a local Marriott-branded property.

Your experience may vary, but it’s definitely worth checking out your Amex Offers for potential deals on gift cards.

Chase Offers

Not as lucrative as Amex Offers, but Chase Offers often feature statement credits for popular merchants such as Lowe’s, Big Lots, gas stations, and other retailers that sell gift cards. Log in to your Chase card account to find these offers and add them to your card account, including debit cards. Also, look for office supply store offers on your Chase business cards from online stores such as Quill.

Citi Merchant Offers

Earn statement credits for making specific purchases with Citi Merchant Offers retailers and service providers. Log in to your Citi credit card online account to view and select the offers that you like.

Grocery Store, Gas Station, and Retailer Promotions

One of the best ways to snag a deal on gift cards is to take advantage of promotions offered by merchants near you.

For example, a local gas station could offer $1 off on Visa gift cards, and a check of the weekly grocery store ad may reveal a promo that gives $5 in grocery credits for each $50 worth of gift cards purchased. In addition, it’s not uncommon to see an office supply store discounting card activation fees or a nearby retailer offering an additional $25 added to every $100 worth of gift cards purchased (especially around the holidays).

Lowes Home Improvement stores even recently ran a promotion that offered a $15 Lowes gift card after purchasing a Visa gift card for $200 or more.

Who knows what types of offers you’ll find when checking out local promotions!

Bottom Line: There may be promotions readily available that can be utilized to maximize your return when purchasing gift cards. Review your credit/debit card offers, scan the local merchant’s weekly ads, and check in-store postings for opportunities to earn more when purchasing gift cards with your credit card.

Downsides of Purchasing Gift Cards With Credit Cards

While the upside of purchasing gift cards with your credit card can be beneficial, there are some downsides to watch out for.

Fees

Not all gift cards come with activation fees, but if you purchase single-network cards such as Visa, Mastercard, and American Express, expect to pay fees as much as $6.95 per card. In order to to make economic sense, the rewards you receive should offset any fees charged.

Single/multi-store and single-category gift cards do not normally charge an additional activation fee.

Credit Card Terms and Conditions

Your credit card’s terms and conditions may exclude earning rewards on gift cards. For example, American Express terms and conditions state that: “Eligible purchases do NOT include fees or interest charges, balance transfers, cash advances, purchases of traveler’s checks, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments, or purchases of other cash equivalents.”

Other credit card issuers may have similar terms/conditions.

These statements do not mean, however, that you will not earn rewards on your gift card purchase. In fact, it is common to earn rewards on gift card purchases. You should just be aware that the card issuer could choose to enforce this policy at any time.

Additionally, be aware that card issuers may frown on you buying gift cards while trying to qualify for a card’s welcome bonus, resulting in you not qualifying for the bonus. It’s best to avoid this practice.

You May Not Earn Rewards

If you’re purchasing a gift card to earn rewards, it’s always good to do a test purchase to be sure you’ll earn the proper level of rewards. For example, if a card’s terms and conditions exclude gift cards, you could include a small gift card purchase with your weekly grocery purchase to determine if you would actually earn full rewards.

In some cases, you will not. Do not purchase gift cards in large denominations without testing first.

Additionally, be aware that some e-gift cards may be sold by third parties and not the bonus-category-earning merchant you had hoped for. An example might be hotel or airline-branded gift cards that may be sold by Points.com.

Lost, Stolen, or Failed To Activate

Regardless of how you pay for a gift card, if it is lost, stolen, or not activated at the point of sale, it can be difficult to replace without the proper documentation.

Although rare, you may experience that the balance has been withdrawn from the gift card as a result of hacking.

Another situation can occur when the card was not properly activated at the point of purchase but your credit card was charged. The gift card would then reflect a zero balance.

While all of these situations are possible to resolve with proper documentation, it can be a hassle.

Finally, it’s a good idea to use the information that comes with the card to register it online, in case the card is lost or stolen.

Interest Charges

A good rule to follow, regardless of the type of purchase you make with your credit card, is to pay off the credit card balance in full each statement period. Failure to do so negates any rewards you might have earned on the purchase and contributes to accruing debt (and interest charges) on the card.

Bottom Line: Always do the math to make sure any rewards you receive offset any potential card activation fees. Do a test purchase to ensure you’ll receive the correct level of rewards, and know what to do if there is a problem with any of the gift cards you purchase. Also, be sure to keep all receipts until the full value of the gift card has been used. 

Final Thoughts

Purchasing gift cards with a credit card can be an easy way to earn a lot of rewards. And, while purchasing an occasional gift card should be perfectly fine, purchasing a large volume could raise red flags with the card issuer.

While this is not an exhaustive list of every credit card you could use to purchase gift cards, it’s designed as a snapshot of possibilities to consider for maximizing the bonus categories on your existing cards and for learning about new cards that might fit your spending profile.

You’ll want to check out your local merchants for those that sell gift cards and that also allow you to purchase with a credit card.

Adding gift cards to the mix of spending on your credit card could turn out to be very rewarding.

The information regarding the Huntington Voice Business Credit Card℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

The information regarding the Chase Freedom Flex℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the U.S. Bank Cash+® Visa Signature® Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

For rates and fees of the American Express® Gold Card, click here.
For rates and fees of the Blue Cash Everyday® from American Express, click here.
For rates and fees of the Blue Cash Preferred® Card from American Express, click here.
For rates and fees for The Hilton Honors American Express Surpass® Card, click here.

Frequently Asked Questions

Can I buy a gift card with a credit card?

Yes, many merchants accept credit cards as payment for gift cards. However, there are some merchants that do not.

Can I use a gift card to pay my bills?

Yes. You can use a Visa, Mastercard, or American Express gift card to pay most bills with a merchant or service provider that accepts the corresponding payment processing network.

Store cards can not normally be used to pay the store-branded credit card bill — it will depend on the merchant.

Do gift cards charge fees?

Most single and some multi-store gift cards do not charge activation fees. Visa, Mastercard, and American Express gift cards do charge fees at the point of sale.

Some cards do charge a fee if the card is not used within a specific amount of time, i.e., after 12 months, or a monthly service fee. Be sure to check the terms and conditions for each gift card.

Which is the best credit card for purchasing gift cards?

There is no single best credit card overall for purchasing gift cards. The best card for you will depend on if you have merchants near you that allow you to use a credit card to purchase a gift card.

If a merchant accepts a credit card for a gift card purchase then the merchant should also be a bonus category merchant that will earn you multiple times rewards when using that credit card.

Check out the merchants you frequent to see if gift cards are sold, then purchase a lower-value gift card using your credit card that earns bonus rewards. If all goes well, you may have found the best card for you for purchasing gift cards.

Is it worth it to redeem points or miles for gift cards?

It is not normally worth it to redeem rewards for gift cards. However, there can be situations where it makes sense to do so.

If points earned on your card can be transferred to airline or hotel partners or redeemed for much greater than 1 cent each via travel portals, these redemption options can result in you receiving the best value.

If your rewards are due to expire, you do not plan to travel, or if you have very few rewards and plan to close out your card, redeeming for a gift card could be a viable option.

Additionally, if you find a sale or promotion on gift cards where you will receive greater than 1 cent each in value for your points, the redemption can also make sense, especially if your card’s points have a fixed redemption rate of 1 cent each. A gift card sale could deliver better value.

Christine Krzyszton's image

About Christine Krzyszton

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, detailed content for UP.

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