One thing most people spend every day is groceries, hence the need to make the most of their purchases. For those that spend a lot more on groceries, you need to find out the best grocery credit cards and what they have to offer.
You don’t need to have different credit cards for different needs, you can actually find a great credit card that rewards you on other categories as well other than groceries. Keep in mind that interest rates tend to be higher on rewards credit cards. Because of that, you’ll want to pay your balance in full each month to avoid costly finance charges that can make the benefits irrelevant. Check out the 7 best grocery credit cards in 2019;
01 Best Overall: Blue Cash Preferred from American Express | Best Grocery Credit Cards
Blue Cash Preferred from American Express is the best overall grocery card on this list. The credit card offers up to 6% cashback at U.S. supermarkets on up to $6,000 per year in purchases. Keep your shopping to U.S. supermarkets only – grocery purchases at warehouse clubs, superstores, corner stores, and specialty food stores don’t qualify for the 6% category and will instead earn rewards at the base rate of 1%.
On top of the rewards you earn on groceries, you’ll also earn 3% cash back at U.S. gas stations and select departments and 1% cashback on everything else. Grocery purchases above $6,000 in a calendar year will earn 1%. The Blue Cash Preferred from American Express comes with a generous signup bonus. Spend $1,000 in the first three months of having your credit card and you’ll earn a $250 statement credit.
Important Pricing: Enjoy 0% introductory APR on purchases and balance transfers for the first 12 months. After that, the regular APR will be 15.24% to 26.24% based on your creditworthiness. The annual fee is $95.
02 Blue Cash Everyday Card from American Express | Best Grocery Credit Cards
The Blue Cash Everyday Card from American Express also pays great rewards on grocery purchases, but without the $95 annual fee. Your grocery purchases will earn 3% cashback on up to $6,000 per year. Like the Preferred version of the Blue Cash Amex, you’ll have to make your grocery purchases at U.S. supermarkets to qualify for 3% cash back rewards.
The Blue Cash Everyday Card from American Express also pays 2% cash back at U.S. gas stations and select departments and 1% cashback on everything else. Grocery purchases over $6,000 in a calendar year will earn 1% cashback. You can earn a $150 bonus statement credit by spending $1,000 in the first three months of having your credit card.
Important Pricing: Enjoy 0% APR on purchases and balance transfers for 15 months. After that, the regular APR is 15.24 to 26.24.
03 Best for Amazon Prime Members: Amazon Prime Rewards Visa | Best Grocery Credit Cards
As you may know, Amazon acquired Whole Foods in early 2017. Not long after that, Amazon added Whole Foods purchases to its Prime Rewards Visa, which is available only to Amazon Prime members. With the Amazon Prime Rewards Visa, you’ll earn 5% back on Whole Foods Market and Amazon.com purchases – with no cap. On top of that, you’ll earn 2% back at restaurants, gas stations, and drugstores, and 1% back on everything else.
If Prime Pantry is available in your area, use your Amazon Prime Rewards Visa to earn 5% cashback on those purchases.
New cardholders get a $70 Amazon.com gift card upon approval, with no wait times and no minimum spending requirement. You can redeem your rewards in any amount on eligible purchases at Amazon.com. You can also redeem points, for a minimum of 2,000 points.
Important Pricing: There’s no annual fee for the Amazon Prime Rewards Visa, but you must have a Prime membership which is currently $119. The APR for purchases and balance transfers is 16.24% to 24.24%.
04 Best for Bank of America Customers: Bank of America Cash Rewards Credit Card | Best Grocery Credit Cards
The Bank of America Cash Rewards Credit Card has a tiered rewards program that pays higher rewards on your first $2,500 in combined grocery, gas, and wholesale club purchases each quarter. Grocery and wholesale club purchases earn 2% back while gas purchases earn 3%. All your other purchases earn 1% cashback. Spend $500 in the first three months of opening your account and you can earn a $200 signup bonus.
Being a Bank of America customer allows you to boost your rewards. With a bank or investment account with Bank of America or Merrill Lynch, you can earn up to 75% bonus on your rewards depending on the balance you maintain in your account.
Important Pricing: Enjoy a 0% introductory APR for the first 12 billing cycles on purchases and balance transfers made within the first 60 days. After that, the regular APR is 15.24% to 25.24%. There’s no annual fee.
05 Best for Unlimited Rewards: Capital One Savor | Best Grocery Credit Cards
The newest rewards credit card from Capital One, the Savor, pays great rewards on food purchases including groceries. While most rewards credit cards limit the amount you can earn in the best paying categories, the Capital One Savor allows you to earn an unlimited number of rewards. Earn 2% on all your grocery purchases. On top of that, you’ll earn 3% on dining and 1% on all other purchases.
Spend $3,000 in the first three months after opening your account and you’ll earn a one-time $500 cash bonus. There’s no limit on the rewards you can earn and you can redeem rewards in any amount.
Important Pricing: Enjoy 0% APR on purchases and balance transfers for the first 15 months. After that, the regular APR is 20.24% to 28.24% depending on your credit history. There’s no annual fee for the first year ($95 after that) and no foreign transaction fee.
06 Best for Military: PenFed Platinum Rewards Visa Signature | Best Grocery Credit Cards
The PenFed Platinum Rewards Visa Signature Card pays points that you can redeem for cash back, gift cards, travel, and more. You’ll earn three points for every dollar you spend on groceries and military commissaries. In addition, you’ll earn five points for every dollar you spend on gas and one point for every dollar you spend everywhere else.
As a signup bonus, you can earn a $100 statement credit if you spend $1,500 in the first 90 days of opening your account.
Important Pricing: The regular APR for purchases and cash advances is from 11.74% to 17.99% based on your creditworthiness.
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