The best credit card to get for your grocery shopping will depend on where you shop, how much you typically spend, and how good your credit score is.
Luckily, we’ve done some of the grunt work for you and compiled this list of some of the best credit cards for grocery shopping. Keep reading to gain valuable information before your next shopping trip.
A credit card with grocery rewards can help families with big grocery bills can save hundreds of dollars a year. For example, a household that spends $4,363 a year on groceries can earn more than $87 with a card that earns just 2% rewards on groceries. And, of course, the higher the rewards, the bigger the savings.
What’s more, is that some of these credit cards offer limited-time bonuses on groceries. For example, the Chase Freedom Flex card has a welcome bonus that gives shoppers $200 cash back after spending $500 on purchases in the first three months of opening the account.
According to an article published by CNBC, the best grocery rewards cards, in general, are those that offer up to 6% cashback at supermarkets. That’s why experts agree that the best card for grocery store savings is the Blue Cash Preferred Card from American Express. At 6%, it offers the highest cash-back rate at U.S. supermarkets. With this card, shoppers can earn $310 in cashback annually when they shop at qualifying supermarkets.
Shoppers can also earn a $250 statement credit after spending $1,000 in purchases within the first three months of opening their account. Plus, there’s even an introductory 0% APR period. However, the Blue Cash Preferred Card does come with a $95 annual fee, so keep that in mind when considering this card.