Best Credit Cards for Grocery Purchases

Best Credit Cards for Grocery Purchases

Let’s say you’re someone whose major expenses are on groceries, then you need to have a credit card that pays higher rewards on grocery purchases. In other words, you earn a reward by simply making purchases on your favorite groceries.

The best credit cards pay up to 6% cash back on your grocery purchases and allow you to earn rewards on your other credit card purchases. Note that the interest rate tends to be higher so you might need to make quick and full payments each month to avoid charges. The list of the best credit cards for Grocery Purchases include :

 

Best Overall: Blue Cash Preferred from American Express

This credit card offers cardholders 6% cash back at supermarkets on up to $6,000 per year in purchases. Keep your shopping to U.S. supermarkets only.  Cardholders also earn 3% cash back at gas stations, 6% back on select streaming services, 3% back on ground transportation, and 1% cash back on everything else. Also, purchases above $6,000 in a calendar year will earn 1%.

This credit card has a very good signup bonus. Spend $1,000 in the first three months of opening your account you’ll earn a $250 statement credit.

Minimum Credit Required: Good

Annual Fee: $95

Intro APR: is 0% on purchases and balance transfers for 12 months

Ongoing APR: 15.24% to 26.24% variable

Balance Transfer Fee: $5 or 3% of the transfer amount

Cash Advance Fee: $5 or 3% of the cash advance

Foreign Purchase Transaction Fee: 2.7% of the amount after conversion to U.S Currency

Registration bonus: $200 back when you spend $1,000 on purchases in the first three months

Runner-upBest Overall: Blue Cash Everyday Card from American Express

The Blue Cash Everyday Card is issued by American Express. The card also has a great reward system on grocery purchases, though it doesn’t have the $95 annual fee. Earn 3% cash back on up to $6,000 per year on grocery purchases. The  Card also pays 2% cash back at U.S gas stations and 1% cash back on everything else.

You can earn a $150 bonus statement credit by spending $1,000 in the first three months of having your credit card.

Minimum Credit Required: Good

Annual Fee: None

Intro APR: is  0%  purchases and balance transfers for 15 months

Ongoing APR: 15.24% to 26.24% variable

Balance Transfer Fee: $0 on transfers requested in the first 60 days; $5 or 3% of the transfer amount

Cash Advance Fee: $5 or 3% of the cash advance

Foreign Purchase Transaction Fee: 2.7% of the amount after conversion to U.S currency

Welcome Offer: earn $150 back after you spend $1,000 on purchases in the first three months

Best for Amazon Prime Members: Amazon Prime Rewards Visa

Amazon prime rewards Visa offers new cardholders $70 Amazon.com gift card when approved without delay and no minimum spending requirement. Cardholders who make big spending have the most to gain from the Amazon Prime Rewards Visa. You’ll earn 5% back on Amazon.com purchases. In addition, you’ll earn 2% back at restaurants, gas stations and drugstores, and 1% back on other purchases.  You can redeem your rewards in any amount on eligible purchases at Amazon.com.

Minimum Credit Required: Good

Annual Fee: None

Intro APR: None offered

Ongoing APR: 16.49% to 24.49% variable

Balance Transfer Fee: $5 or 5% of the transfer amount

Cash Advance Fee: $10 or 5% of the cash advance

Foreign Purchase Transaction Fee: None

Signup Bonus: $70 Amazon.com Gift Card upon approval

 Best for Bank of America Customers: Bank of America Cash Rewards Credit Card

This credit card has numerous rewards programs that allow you to choose among six different categories, including gas and dining, to earn 3% rewards. On groceries purchases, you’ll earn 2% on at both grocery stores and wholesale clubs.  Spend $500 in the first three months of opening your account and you can earn a $200 signup bonus. If you have a bank or investment account with Bank of America, you can earn up to 75% bonus on your rewards depending on the balance you maintain in your account.

Minimum Credit Required: Good

Annual Fee: None

Intro APR: is  0% purchases and balance transfers for 12 months of payment

Ongoing APR: 16.24% to 26.24% variable

Balance Transfer Fee: $10 or 3% of the transfer amount

Cash Advance Fee: $10 or 3% of the cash advance

Foreign Purchase Transaction Fee: None

Signup Bonus: is 3% of the purchase amount

Best for Unlimited Rewards: Capital One Savor

The Savor is one of the newest rewards credit card from Capital One. This card has a great reward system on food purchases including groceries. The Capital One Savor allows you to earn an unlimited number of rewards. You’ll earn 2% on purchases including groceries. You’ll also earn 4% on dining and entertainment and 1% on all other purchases. In addition, you can earn 8% cash back on tickets at Vivid Seats. You’ll have to spend $3,000 in the first three months to earn a $300 cash bonus.

Minimum Credit Required: Good

Annual Fee: $95 waived in the first year

Intro APR: None offered

Ongoing APR: 16.74% to 25.74% variable

Balance Transfer Fee: None required

Cash Advance Fee: $10 or 3% of the cash advance

Foreign Purchase Transaction Fee: None

Signup Bonus: is $300 after spending $3,000 on purchases in the first three months

Best for Military: PenFed Platinum Rewards Visa Signature

This credit card offers points that can be redeemed for cash back, gift cards, travel and more. You’ll earn three points for every amount you spend on groceries and military commissaries. Cardholders also earn five points for every amount spent on gas and one point for every dollar spent on other purchases. There’s no fee on cash advances and the regular APR is applied to the cash advance amount.

Note: You must be a member of PedFed Credit Union to qualify for the credit card. You can join if you serve in the U.S military or Uniformed Services.

Minimum Credit Required: Excellent

Annual Fee: None

Intro APR: is 0%  balance transfers for 12 months

Ongoing APR: 11.99% to 17.99% variable

Balance Transfer Fee: 3%

Cash Advance Fee: None

Foreign Purchase Transaction Fee: None

Signup Bonus: is $100 after spending $1,500 on purchases in the first 90 days

Important Pricing: The regular APR for purchases and cash advances is from 11.74% to 17.99% based on your creditworthiness.

 Best Flat Rate Rewards: Chase Freedom Unlimited

The Chase instead offering the normal signup bonus pays 3% cash back on all purchases in your first year on up to $20,000 spent. The subsequently earn unlimited 1.5% cash back on all purchases.. You’ll get the most value from the credit card in the first year.

Minimum Credit Required: Good

Annual Fee: None

Intro APR: is 0% purchases and balance transfers for 15 months

Ongoing APR: 17.24% to 25.99% variable

Balance Transfer Fee: $5 or 3% of the transfer amount

Cash Advance Fee: $10 or 5% of the cash advance amount

Foreign Purchase Transaction Fee: is 3% of the amount

Signup Bonus: None offered