The Best 5 Credit Cards for Groceries
Last year my Chase credit card, with which I had earned 5% back on groceries and gas since 2007, suddenly changed. They switched to some sort of rotating-category-that-earns-more-points system that I didn't particularly care for. Every few months, I have to opt in all over again to take advantage of whatever category they're giving the most points for that month. Even though I do my best to keep up with credit card rewards, I don't take credit card reward hacking to the extreme. I'd prefer not to have to carry around 10 cards in my wallet.
Nevertheless, I do prefer to get the most points in categories that I actually spend a lot of money on. After our mortgage, the highest percentage of our monthly expenses comes in the form of groceries. We prefer organic and local food, which can be pricey. So, I set out to determine which credit cards actually give the highest percentage back on groceries. (See also: Best Cash Back Credit Cards)
Barclaycard Rewards MasterCard®
- Bonus offer: 2,500 points after first use; 0% APR for 6 months on balance transfers and purchases
- 2x points on groceries, gas, and utilities
- 1 point per dollar spent on all other purchases
- No annual fee
- Redeem for flights, shopping, dining and more -- Use your points like cash to pay for any purchase you've made.
If you want some more flexibility with where you do your grocery shopping, but still get some extra rewards for it, this card is a great choice.
- 5% off everything at Target
- $0 annual fee
- 1% of your REDcard purchases get donated to your choice of eligible K-12 schools
If you shop at a SuperTarget for groceries, the Target RedCard gives you 5% off at everything you purchase at the register. This isn't just a grocery rewards credit card; the cardholder will receive the same discount on all Target purchases (including at Target.com). If you have a Target nearby that also sells groceries, this is a great way to save 5% on food, as well as a variety of other department store purchases. Unfortunately, this card has no affiliation with any credit card payment network such as Visa or MasterCard, so you can’t use it outside of Target stores.
Blue Cash Everyday® Card from American Express
you get approved, this makes a wonderful groceries card. After spending $1,000 on qualifying transactions, you can redeem the 10,000 points for $100 cash back.
The Best Credit Card Offer for You
If you like credit card rewards programs, but have recently been unhappy with changes to your card, it may be time to consider a new one. The best way to choose a cash-back rewards card is to simply look at what your biggest category of spending is each month, and find a card that gives you the most cash back on that category. For me, this category was groceries.
What's your biggest category of spending each month? Do you earn extra credit card points for those cards?
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.