Eating healthy always includes groceries and considering the amount you have to spend on vegetables, you should be rewarded for it. Credit card companies feel the plight of the average American who is trying to make ends meet and they have come up with different ways to ensure that every dollar you spend gets you a pat on the back in terms of cashback or points. Below is a list of some of the best credit cards for groceries in 2021.
10. Citi Premiere Credit Card
Let the money you spend on groceries earn you something in return for using the Citi Premier card which earns you 3X Citi ThankYou points for each dollar spent at a grocery store, restaurant, gas station, or air travel. It has a very lucrative sign-up reward; when you spend $4,000 within the first three months of membership, you get 80,000 points.
9. Chase Sapphire Preferred Card
Now that online grocery shopping has risen, this card ensures that you get rewarded with every order you make. You can earn 3X points when you use the card to shop for online grocery pickup and delivery orders from any outlets classified as grocery store merchants. Consequently, stores such as Walmart, Target, and other stores that only stock a few grocery products do not qualify. It charges a $95 annual fee and the APR ranges from 15.99% to 22.99%, variable.
8. Discover It Secured Credit Card
Sometimes, you have tried to build your credit rating but you still fall short. That does not mean there are no credit cards for you; the Discover It Secured card understands you still need to eat healthily and offers you no penalty APR and no annual fees. As Forbes enlightens us, it offers 1% cashback on all purchases and 2% cashback on restaurants and gas stations spending of up to $1,000 spent within three months.
7. Capital One Savor Cash Rewards Credit Card
Your credit rating has to be excellent for your credit card application to be approved. The benefits are, however, worth it despite it charging $95 annually in fees. You earn 4% cashback on dining, entertainment, and streaming services, 3% on grocery shopping and any other purchases earn 1%. New members get a sign-up bonus of $300 should they spend $3,000 on purchases, within the first three months of opening an account.
6. Costco Anywhere Visa Card by Citi
Costco members should not think twice about signing up for this credit card. You should not be put off by the lack of a sign-up bonus. Instead, you should be motivated by the multiple rewards including 4% cashback on gas for the first $7,000 spent within a year, and the rate reduces to 1% after that. Grocery shopping at Costco and Costco.com earns you 2% back and the grocery rewards are unlimited making it ideal for bulk shoppers. Note that the cashback is provided once annually in the form of a certificate. Should you cancel your membership before your certificate arrives, you will forfeit all your cashback.
5. Amazon Prime Rewards Visa Signature
If Whole Foods Market and Amazon Fresh are your go-to places for grocery shopping, then you should never leave behind your Amazon Prime Rewards Visa Signature credit card. According to Amazon, with an eligible Prime membership, you earn 5% back at Whole Foods Market and Amazon.com purchases. If you are not eligible for the Prime membership, you get 3% instead. For other purchases at restaurants, gas stations, and drugstores, you earn 2% and 1% on any other purchases. They offer you a welcome bonus of $100 upon instant approval and there are no annual fees.
4. Chase Freedom Unlimited
When the Chase Freedom Flex credit card first launched in September 2020, they offered a grocery bonus in which new cardholders earned a $200 bonus after spending $500 in purchases within the first three months of opening an account. The bonuses returned beginning July 1, 2021, and new Chase Freedom Unlimited cardholders can now earn 5% cashback at grocery stores excluding Walmart and Target, on up to $12,000 spent within the first year.
3. Citi Custom Cash Card
CNN compared the Citi Custom Cash Card and Citi Double Cash Back and the former takes the day if you plan on maximizing rewards. With the Citi Custom Cash Card, you earn 5% cashback in the first $500 spent on grocery shopping for the billing cycle. The 5% cashback, however, fluctuates to the category on which you spend the most in each billing cycle. Therefore, for an avid grocery shopper, this card is the best and guarantees great cash-backs.
2. American Express Gold Card
If you would rather earn points than cash back, then this is the card for you. Once you spend $4,000 within the first six months of your membership, you get 60,000 reward points. You earn 4X membership rewards on $25,000 in purchases if you shop groceries at US supermarkets, after which you get 1X. Even when you don’t feel like cooking at home and grocery shopping is not necessary, the card will still earn you points when you have some takeout or go dining at a restaurant ̶ the rewards are also 4X. It does not have an intro APR, charges $250 annually and your credit rating needs to be excellent to get this card.
1. Blue Cash Preferred Card from American Express
CNBC ranks this card as the winner among all credit cards for grocery shopping. It is deemed as the best for cashback offers when you shop at US supermarkets because you earn 6% cash back on up to $6,000 per year in purchases; after that, you earn 1%. Best of all, there is no introductory fee for the first year after which you pay $95. From the date of account opening there is 0% APR on purchases for the first 12 months, then later you the rate falls between 13.99% and 23.99%. However, for you to enjoy such benefits, your credit rating has to be excellent.