For most Americans, grocery shopping eats up a huge chunk of their monthly budget. And although now is not the time to travel, you can (and should) still earn any points, miles, or even cashback to put toward future travel.
Recently, the banks are making that easier to do by adding non-travel benefits to many of the top tier travel rewards credit cards. Last Friday, both American Express and Chase announced new bonuses for grocery store spending on a number of their travel rewards credit cards.
We’ll break down the best cards to use at U.S. grocery stores. If you spend a lot on this category, one of the cards listed below should be at the top of your wallet – at least for now.
The Chase Sapphire Reserve
On May 1, Chase announced that the Chase Sapphire Reserve will now earn 5x Ultimate Rewards points for every dollar spent at grocery stores and grocery delivery services on up to $1,500 of spending each month.
This new benefit is valid through June 30 and would allow you to earn up to 15,000 Chase Ultimate Rewards points – assuming you spend $1,500 on the grocery store in both May and June.
This new benefit comes on the heels of Chase announcing a $100 annual fee discount for Sapphire Reserve cardholders whose annual fee renews soon. And in my opinion, the Sapphire Reserve has now become the best option for buying groceries – at least through June 30.
Click Here to get more information about the Chase Sapphire Reserve.
The Chase Sapphire Preferred Card
Like the Sapphire Reserve, the Chase Sapphire Preferred card also got a temporary grocery store multiplier through June 30.
The Chase Sapphire Preferred will now earn 3x Ultimate Rewards points for every dollar spent at grocery stores and grocery delivery services on up to $1,500 of spending each month.
This is a huge boost to the card’s benefits that already offers 2x points per dollar spent at restaurants and on travel, and 5x points per dollar spent on Lyft rides all for an annual fee of $95.
If you are able to maximize the 3x grocery category and spend $3,000 through the end of June, you’ll receive an extra 9,000 Chase Ultimate Rewards points.
Click Here to get more information about the Chase Sapphire Preferred Card.
The American Express Gold Card
The American Express Gold Card is also a very enticing option for your grocery store spending.
The card offers 4x Amex Membership Rewards points per dollar spent at U.S. supermarkets on up to $25,000 in spending each year. After that, you will earn 1x point per dollar spent. Further, the card offers a welcome bonus of 40,000 Membership Rewards points after spending $4,000 in the first three months of card membership.
Unlike the others, this isn’t a temporary benefit. Since the card was refreshed back in 2018 it has offered 4x points per dollar spent on groceries, making it a staple on this list.
The grocery category multiplier is a big reason I feel the card is worth the $250 annual fee since I spend a decent amount of money at US supermarkets. Spending $6,000 each year at U.S. supermarkets with this card would yield around 24,000 Membership Rewards points. To me, that alone is nearly enough to justify the annual fee in and of itself.
Click Here to learn more about the American Express Gold Card.
Delta’s Co-Branded American Express Credit Cards
Do you have a Delta SkyMiles co-branded credit card? It just got more valuable to use at the grocery store through the end of July.
From May through July 2020, all four of Delta’s credit cards – from Blue to Gold to Platinum and Reserve – will earn 4x SkyMiles at U.S. supermarkets.
That’s a significant improvement for most of these cards that could justify putting more of your grocery bill on them to earn more SkyMiles. Here’s a look at what these cards typically earn at supermarkets.
- Delta SkyMiles Blue American Express Card: 1x
- Delta SkyMiles Gold American Express Card: 2x
- Delta SkyMiles Platinum American Express Card: 2x
- Delta SkyMiles Reserve American Express Card: 1x
Read more: Which Delta credit card is right for you?
Hilton Aspire and Surpass Cards
The Surpass card previously earned 6x at supermarkets, while the Aspire card earned just 3x points per dollar spent on those same purchases.
What’s more, any bonus points you earn on supermarket spending that post to your account by December 2020 will also count toward earning Hilton elite status as well as lifetime Diamond status with the hotel chain.
The Marriott Bonvoy Credit Cards
Both Marriott’s co-branded American Express and Chase cards are getting some extra perks for grocery spending, too.
The Marriott Bonvoy Boundless Credit Card will earn 6x points per dollar spent on up to $5,000 at grocery stores and grocery delivery services between May 1 and June 30.
Click Here to get more information about the Marriott Bonvoy Boundless Credit Card.
The Marriott Bonvoy Brilliant Card will earn 6x Bonvoy points at U.S. supermarkets, from May through July 2020. That’s up from the norm of 2x points, so it’s a significant increase.
Most Other Chase Co-Branded Cards
Chase will also be adding grocery benefits to its major co-branded hotel and airline credit cards as well – through June 30. All of these cards will earn 3x points or miles per dollar spent on up to $1,500 in purchases each month.
The Blue Cash Preferred Card from American Express
Not everybody values points and miles. If you spend a lot of money at U.S. supermarkets but would rather earn cashback, the Blue Cash Preferred Card from American Express is your best bet.
The card earns 6% cashback at U.S. supermarkets on up to $6,000 of purchases each year. After that, you will earn 1% back. Spending $6,000 each year at U.S. supermarkets with this credit card would yield $360 cashback – almost four times the amount you pay for the card’s annual fee.
- Earn a $250 statement credit after you spend $1,000 within the first three months of card membership
- 6% cashback on select U.S. streaming subscriptions.
- 3% cashback on transit including taxis/rideshare, parking, tolls, trains, buses and more.
- 6% cashback at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
- 3% cashback at U.S. gas stations.
- 1% cashback 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 and want to go the free route, the Blue Cash Everyday Card from American Express is worth a look.
The card earns 3% cashback at U.S. 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 cashback.
- Earn a $150 statement credit after spending $1,000 in the first three months of card membership
- 3% cashback at U.S. supermarkets on up to $6,000 each year (then 1%)
- 2% cashback at U.S. gas stations
- 1% cashback on all other purchases
- Annual Fee: $0
Click Here to learn more about the Blue Cash Everyday Card from American Express.
The Chase Freedom Card
The Chase Freedom Card earns currently earns 5% cashback on every dollar you spend at the grocery store through June 30 as part of the rotating quarterly bonus categories the card offers.
But if you’ve got a Chase Sapphire card, it gets better. With either the Chase Sapphire Preferred or Chase Sapphire Reserve in your wallet, the cashback earned on the Freedom card can be converted into Chase Ultimate Rewards points. You can read more about that here.
Click Here to learn more about the Chase Freedom Card
As travel is largely off the table, banks are pivoting and trying to reward consumers for the spending they are doing currently. And no category is more prevalent than grocery stores.
There has arguably never been a more rewarding time to shop at the grocery store. But many of these offers are only for a limited time so don’t wait to take advantage.