Shell Platinum Select® Mastercard® Review
Are you a road warrior looking for a gas card? The Shell Platinum Select® Mastercard® from Citi, a Credit Cards House advertiser, is a gas card to consider if you’re a frequent Shell user.
Gas credit cards have been around for a while, and since the average American drives about 10,900 miles a year, they’re not a bad thing to have in your wallet. With gas prices seemingly always on the rise, you might be interested in learning more about a gas credit card. Here’s the deal for the Shell Platinum Select® Mastercard®.
The Shell credit card is a Mastercard that you can use anywhere that Mastercard is accepted. Here’s how the credit system works:
- If you spend a minimum of $500/ month you earn a discount of $0.10 per gallon the next billing cycle, which is good for the first 100 gallons you buy.
- If you spend $1,000 to $2,499.99 a month your discount bumps up to $0.15/gallon, and $0.20/gallon for spending $2,500+. Assuming gas costs $2.50/gal., those earning rates would amount to 4% to 8% back.
There’s no annual fee with this card, but that’s par for the course with gas cards. This card is reserved for people with good credit, so if your credit is middle or low range you may not get approved.
There is a foreign transaction fee of 3% with this card. Many other credit cards don’t have foreign transaction fees, so this is something to be aware of.
The Shell Drive for Five® Card
The Shell Drive for Five® Card is a separate gas card. You earn $0.05 per gallon of gas bought at a Shell station. Your discount will be applied in your next billing cycle on all gas purchases. (Shell determines your credit amount by multiplying the number of gallons purchased by five cents and rounding to the nearest cent.)
The Drive for Five card only requires fair credit to be approved. There is no annual fee for this card.
If you don’t drive a lot or have a car that doesn’t require a lot of gas, this might not be the card for you. Even if you do drive a lot, you still might not want this card because you can only earn credits at Shell stations.
Credits earned don’t carry over either. You can’t stockpile credits for a summer road trip, for example. Credits earned are automatically applied to the next billing cycle.
This is purely a gas rewards card, which is something to consider. Both iterations of it also have a fairly high interest rate. Consider both these details before adding this card to your wallet. Opening a new credit card will ding your credit score, which may not be worth it if you won’t take full advantage of this card.
As far as rewards credit cards go, this is a very basic card. It’s only for gas credits at Shell. You can’t earn any other type of reward. Some more general rewards credit cards offer special bonuses on gas during specific times of the year; if you’re interested in a wider rewards card where you can still earn gas credits, you might consider another card.
Since this card requires good to great credit to open but has a high interest rate and is only good for gas credits, it’s not a particularly versatile card to add to your wallet.
If you frequent Shell often and like the program, this card will serve you well. If that’s not you, you’re better served with another rewards credit card.
First published , last updated
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.