Are you an environmentally conscious millennial looking for ways to save on electric vehicle charging while maintaining your eco-friendly lifestyle? You're in luck! As the market for electric vehicles continues to grow, there's never been a better time to optimize your savings using credit cards tailored specifically for EV charging. In this article, we'll introduce you to the best credit cards for EV charging that offer cashback, rewards, and exclusive perks, making your green investment even more rewarding. Sit back, relax, and let Flik Eco guide you towards your ultimate eco-friendly credit card match.
Best Credit Cards For EV Charging Table of Contents
A Comprehensive List of the Best Credit Cards for EV Charging
A Comprehensive List of the Best Credit Cards for EV Charging
1. ChargePoint and Bank of America Customized Cash Rewards Credit Card
For EV owners who frequently use ChargePoint stations, their collaboration with Bank of America has presented an excellent opportunity for savings. Bank of America Customized Cash Rewards Credit Card offers you:
- 3% cashback on ChargePoint charging purchases
- 2% cashback at grocery stores and wholesale clubs
- 1% cashback on all other purchases
Not only that, but there's no annual fee, and the bonus cashback amount is capped at $2,500 per quarter allowing for substantial savings on your EV charging.
2. Tesla Charging and the Chase Sapphire Preferred Card
For Tesla owners, the Chase Sapphire Preferred Card is another favorite. Though it doesn't offer direct cash back on charging, it does offer valuable points that can be used towards other rewards such as travel. You can earn:
- 2x points on travel and dining purchases (including Tesla Superchargers)
- 1x point on all other purchases
Also, this card comes with a generous signup bonus, no foreign transaction fees, and an annual fee of just $95, adding to its overall value.
3. The SBE On-the-Go and the Platinum Card from American Express
For those who rely on a variety of charging options, the Platinum Card from American Express offers flexibility with generous points rewards, making it an ideal choice. Cardholders can enjoy:
- 5x Membership Rewards points on flights and prepaid hotels
- 1x point for every dollar spent on eligible purchases
- Access to exclusive experiences, travel credit, and more
While there is a steep annual fee, if you're someone who travels frequently as well, this card can help offset the costs and provide substantial benefits overall.
Best Credit Cards For EV Charging Example:
Imagine you drive a Tesla and have the Chase Sapphire Preferred Card. You charge at a Tesla Supercharger station, spending $40. Thanks to your card, you earn 2x points on this purchase, giving you 80 extra points. As points are valued at 1.25 cents each when redeemed for travel, those points are worth $1, meaning you saved $1 on your charging session. Over time, that savings will increase — and that's not even including points earned on other categories like dining and travel.
Taking advantage of the best credit cards for EV charging is just one way Flik Eco helps you save while embracing an eco-friendly lifestyle. By selecting a card that suits your charging habits and rewards preferences, you'll be on the road to savings in no time. So why wait? Share this article with your fellow green vehicle enthusiasts and encourage them to explore the fantastic world of Flik Eco. Together, we can embark on a journey of environmental responsibility, one charge at a time.