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The 5 Best Credit Cards to Use for Grocery Shopping

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There is no question that for most Americans, grocery shopping makes up a large part of their monthly budget. Each month, the U.S. Department of Agriculture releases the average recommended weekly and monthly costs of groceries per American family. The January 2019 numbers were recently released and they paint a good picture of what American families are spending on groceries.

Using the table below, we can assume that an American family of four spends around $6,600 each year at the grocery store.

 

best grocery store credit card

Image courtesy of delish.com

 

Being that this is typically one of the bigger expenses most families have each month, maximizing your spending with the right credit card is important if you can be financially responsible with a line of credit. In this post, we will break down our favorite cards to use for purchases at US grocery stores. If you spend a lot on this category, one of the cards listed below should be at the top of your wallet.

 

The American Express Gold Card

American Express recently revamped the American Express Gold Card (formerly the Premier Rewards Gold Card) and it is now very enticing for those who spend at US Supermarkets. The card now offers 4x Amex Membership Rewards points per dollar spent at US Supermarkets up to $25,000 each year. After that, you will earn 1x point per dollar spent. Further, the card offers a welcome bonus of 35,000 Membership Rewards points after spending $2,000 in the first 3 months of card membership.

This new category multiplier is a big reason I recently applied for the card and feel that it is worth the $250 annual fee since I spend a decent amount of money at US supermarkets. Spending $6,000 each year at US supermarkets with this card would yield around 24,000 Membership Rewards points. That’s almost enough to justify the annual fee by itself.

  • Welcome Offer of 35,000 Membership Rewards points after spending $2,000 in the first 3 months
  • 4x Membership Rewards points per dollar spent at US restaurants & US supermarkets
  • Up to a $120 annual dining credit
  • Annual Fee: $250

 

Click Here to learn more about the American Express Gold Card

 

The Blue Cash Preferred Card from American Express

Not everybody values travel rewards points and miles. If you would rather earn cash back and spend a lot of money at US supermarkets, you need the Blue Cash Preferred Card from American Express in your wallet.

The card earns 6% cash back at US supermarkets on up to $6,000 of purchases each year. After that, you will earn 1% back. Spending $6,000 each year at US supermarkets with this credit card would yield $360 cash back. That is almost four times the amount you are paying for the card’s annual fee.

  • Earn a $250 statement credit after you spend $1,000 within the first 3 months of card membership
  • New 6% Cash Back on select U.S. streaming subscriptions.
  • New 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 3% Cash Back at U.S. gas stations.
  • 1% Cash Back on other purchases.
  • Annual Fee: $95

 

Click Here to learn more about the Blue Cash Preferred Card from American Express

 

The Blue Cash Everyday Card from American Express

If you can’t stomach the $95 annual fee on the Blue Cash Preferred card listed above, the Blue Cash Everyday card from American Express is worth a look.

The card earns 3% cash back at US supermarkets on up to $6,000 of purchases each year. After that, you will earn 1% back. Spending $6,000 each year at US supermarkets with this credit card would yield $180 cash back.

  • Earn a $150 statement credit after spending $1,000 in the first 3 months of card membership
  • 3% cash back at US Supermarkets on up to $6,000 each year (then 1%)
  • 2% cash back at US gas stations
  • 1% cash back on all other purchases
  • Annual Fee: $0

 

Click Here to learn more about the Blue Cash Everyday Card from American Express (for full disclosure: this is not an affiliate link).

 

The Capital One Savor Cash Rewards Credit Card

The Capital One Savor Card was launched in August 2018 and immediately became one of the strongest cash back credit cards for those who spend a lot of money dining out and at the grocery store. The card offers an unlimited 4% cash back on all dining and entertainment purchases. It also earns 2% cash back at grocery stores and 1% back on all other purchases. It also does not charge foreign transaction fees.

  • Welcome Offer: Earn a $300 cash bonus after spending $3,000 in the first 3 months
  • Earn an unlimited 4% cash back on dining and entertainment purchases
  • Earn 2% cash back at grocery stores
  • Annual Fee: $95 (waived for the first year of card membership)

 

best credit cards for restaurants

 

Click Here to learn more about the Capital One Savor Cash Rewards Credit Card

 

The Chase Freedom Unlimited Card

The Chase Freedom Unlimited card earns an unlimited 1.5% cash back on every dollar you spend on the card. This is significant because as long as you hold either the Chase Sapphire Preferred or Chase Sapphire Reserve, the cash back earned on the Freedom Unlimited card can be converted into Chase Ultimate Rewards points. You can read more about that here.

 

  • Welcome Offer of $150 cash back after spending $500 in the first 3 months (can be converted to 15,000 Ultimate Rewards Points)
  • Earn an unlimited 1.5% cash back on every purchase
  • No Annual Fee
  • Subjected to the Chase 5/24 Rule

 

 

Click Here to learn more about the Chase Freedom Card

 

Bottom Line

If you spend a lot at US grocery stores, you can maximize every dollar you spend by using one of the five credit cards mentioned above. Whether you value travel rewards or cash back, using one of the best credit cards for this category can help you get the most out of your next trip.

 

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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.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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