The top credit cards for grocery purchases

When it comes to earning rewards on your daily expenses, grocery shopping is a category where you can earn a significant amount of points or cash back. With the right credit card, you can earn some serious rewards every time you purchase groceries. 

In this blog post, we'll take a closer look at the most rewarding credit cards for groceries, along with the benefits, annual fees and redemption options of each.

Top credit cards for grocery purchases‍

Blue Cash Preferred® Card from American Express‍

The Blue Cash Preferred® Card from American Express is one of the best credit cards for grocery shopping. It offers 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), making it an excellent choice for families or anyone who spends a lot on groceries. It is worth noting that wholesales clubs, and big box stores like Target and Walmart do not qualify for the 6% cash back rewards. If you buy groceries at these retailers regularly, it could be worth using their branded store cards, listed further below. 

The card also offers 6% cash back on select U.S. streaming services, 3% cash back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), and 1% cash back on other purchases. The annual fee is $95.

American Express points can be redeemed in the form of a statement credit, directly reducing your account balance. You can redeem in increments of $25, with a $25 minimum. You can also redeem for gift cards or merchandise.

‍American Express® Gold Card

The American Express® Gold Card is another great choice for earning rewards on groceries. It offers 4 Membership Rewards points per dollar spent at U.S. supermarkets on up to $25,000 per year in purchases, and then 1 point per dollar. It also offers 4 points per dollar spent at restaurants worldwide, 3 points per dollar spent on flights booked directly with airlines or on amextravel.com, and 1 point per dollar on other purchases. The card has an annual fee of $250.

American Express points are worth 0.6 cents if redeemed for a statement credit, 0.7 cents if spent on Amazon, 1 cent if redeemed for travel, and up to 1 cent if redeemed for gift cards.

Capital One® Savor® Cash Rewards Credit Card

The Capital One® Savor® Cash Rewards Credit Card is a cash back credit card that offers 4% cash back on dining and entertainment, 2% at grocery stores (excluding superstores like Walmart® and Target®) and 1% on all other purchases. The card has a $95 annual fee.

Capital One® rewards can be redeemed for a statement credit, check, gift card, or shopping on Amazon.com.

‍Chase Freedom Flex℠

The Chase Freedom Flex℠ card is a no-annual-fee credit card that offers 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. One of those bonus categories is often grocery stores. The card also offers 5% cash back on travel purchased through Chase, 3% cash back at restaurants (including takeout and delivery) and drugstores, and 1% on all other purchases.

Chase rewards can be redeemed for cash back, gift cards or travel through the Chase travel portal.

Amazon Prime Rewards Visa Signature Card

The Amazon Prime Rewards Visa Signature Card is a good choice for earning rewards on groceries, especially if you're an Amazon Prime member. The card offers 5% cash back at Whole Foods Market and Amazon.com, 2% cash back at restaurants, gas stations, and drugstores, and 1% cash back on all other purchases. The card has no annual fee, but you must be an Amazon Prime member to qualify for the 5% cash back at Whole Foods and Amazon.com.

Alternative credit cards for grocery purchases

If you frequently shop at Walmart or Target, you may be wondering if there are any credit cards that offer extra rewards for these purchases. While Walmart and Target are considered superstores and are excluded from some credit card bonus categories, there are a few options that offer additional rewards. Here are two credit cards that offer rewards for Walmart and Target purchases:

Target REDCard‍

The Target REDCard is a store credit card that offers 5% directly off purchases at Target and Target.com, including groceries. In addition, cardholders can enjoy free shipping and an extended 120-day return period. There is no annual fee for this card.

Capital One® Walmart Rewards® Card

‍The Capital One® Walmart Rewards® Card offers 5% back on purchases at Walmart.com, including grocery pickup and delivery, and 2% back on Walmart in-store purchases, including groceries. The card also offers 2% back on dining and travel purchases and 1% back on all other purchases. There is no annual fee for this card.

Capital One® rewards can be redeemed as a statement credit, to pay with points at Walmart, or for gift cards or travel through Capital One® Travel.

Both of these cards offer extra rewards for Walmart and Target purchases, making them a good option if you frequently shop at these retailers. However, it's important to note that these cards may not offer as many benefits or rewards as some of the other credit cards listed above. Be sure to compare the rewards, benefits, and fees of each card carefully to choose the card that best fits your needs.

Conclusion

In conclusion, there are several credit cards that offer excellent rewards for grocery shopping. The best card for you will depend on your individual spending habits and rewards preferences. Whether you're looking for cash back or travel rewards, there's a credit card out there that can help you earn rewards on your grocery purchases. Just remember to use your credit card responsibly, pay your balance in full each month, and read the terms and conditions carefully to avoid any fees or charges. Happy grocery shopping!