Review: Sheetz Credit Card

Sheetz gas stations & convenience stores, in partnership with First National Bank of Omaha’s First Bankcard division, offers a credit card that gives you an immediate gas discount as well as the ability to earn points toward other rewards. Our overview / review of the card is below:

The Sheetz credit card is a Visa card, meaning that you can use it at Sheetz as well as anywhere else that Visa is accepted (which is almost anywhere). This wide acceptance is a point in the card’s favor — if you’re going to open a new credit card, it’s best to get one that you can use at more than just a few locations. (But note — Sheetz may approve you for an alternate card that is NOT a Visa if your credit history is not good enough! The rewards are similar, but that card is not accepted outside Sheetz and the interest rate is much higher, so make sure you know what you are getting!)

We like the Sheetz Visa’s discounts and rewards, too. You get:

  • 5 cents off every gallon of gas bought at Sheetz with the Visa card (plus another 3 cents off per gallon if you have the MySheetz loyalty card for a total of 8 cents per gallon)
  • 5% cash back on non-gas purchases made in Sheetz stores
  • 1% cash back on all other purchases (though non-Sheetz fuel bought with the card does not get any reward)

Cash back rewards are given as a statement credit that you can use to offset charges made to the card. You can also choose to instead use that cash back as points toward Sheetz gift cards or other rewards.

(NOTE: If you are not approved for the Sheetz Visa, you may instead be approved for the Sheetz store-only credit card. In that case, you will not earn points on purchases outside of Sheetz because the card is not accepted anywhere else. In addition, your points can only be used toward Sheetz gift cards; 1,000 points equals a $10 Sheetz Gift Card.)

The Sheetz Visa credit card has no annual fee, and has an interest rate of anywhere from 20.99% to 26.99%, depending on your credit history. Those are very high rates! And the alternate Sheetz store-only credit card has an even higher interest rate of 27.99%! If you EVER carry a balance on your credit cards, steer clear of this card — the interest you pay will essentially cancel out any rewards you receive.

Overall, the Sheetz Visa provides good value on Sheetz purchases, but we wouldn’t bother using it outside of Sheetz, because that 1% reward is sub-standard — get a good cash back card for your other purchases instead.

You can apply for the Sheetz Visa credit card via a good cash back card.