Best Credit Cards for Groceries 2022

Best Credit Cards for Groceries 2022

A good credit card can save you money on food shopping, whether you’re buying them online or in person. The best credit card for groceries will offer you cash back or rewards points that you can use towards your grocery bill. There are a few things to consider when choosing a new line of credit for your groceries.

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First, you’ll want to make sure that the retailer offers rewards that can be used towards food purchases. Second, you’ll want to consider the interest rate and fees. And finally, you’ll want to ensure that the card is accepted at the grocery stores you shop. In this article, we’ll give you tips on picking the best credit card for your groceries.

Credit Cards for Groceries: Best Offers 

It seems like there’s a credit card for everything these days. But with so many options, it can be hard to know which is the best for you. Many people use them to buy food, but not all cards are created equal. Some offer rewards that can help you save money on your groceries, while others offer discounts or cash back.

If you’re looking for a new form of credit that will give you the best rewards for your grocery shopping, you’ve come to the right place. Here, we’ll give you an overview of the best credit cards for groceries and how they can help you save money to get the most bang for your buck.

Blue Cash Preferred® Card from American Express 

The Blue Cash Preferred® Card from American Express is a great option for anyone who wants to earn cashback on gas, groceries, and other everyday expenses. Ideal for families,  you can earn 6% cash back on selected streaming services and supermarkets ($6,000 in annual purchases, after that 1.33%), 3% cash back at petrol stations and selected department stores, and 1% cash back elsewhere. 

In addition, you’ll receive a $350 credit after spending $3,000 on orders after the first six months. There is a lot of money to be earned for families. Even though the annual fee is high, if you spend $30 a week at the grocery store, you’ll be able to cover it.  

  • Annual Fee: $95
  • Interest Rates: 16.24%-27.24% Variable APR
  • Credit Score: 690-850 (Good – Excellent)
  • Pros: Cash rewards, high rewards rate, intro APR period (0% for 12 months) 
  • Cons: Requires good/excellent credit, has an annual fee, spending caps on bonus rewards 

Citi Custom Cash℠ Card 

The Citi Custom Cash℠ Card is a low-maintenance credit card that offers a simple way to earn cash back on your everyday purchases. Those who are interested in earning cash back without worrying about complicated rewards programs will enjoy this product because there is no annual fee, and the APR is competitive (lower for those with the best scores).

In the first three months after opening your account, you’ll earn 1% cash back on all purchases and an additional $200 cash back after spending $750. There’s also a 0% intro APR on purchases and balance transfers for the first 15 months, which can help you save money on interest if you carry a balance on your card. It may be better for you to opt for a cash-back product with a greater APR rate if your spending patterns are highly variable.

  • Annual Fee: $0
  • Interest Rates: 16.24% – 26.24% Variable APR
  • Credit Score: 690-850 (Good – Excellent)
  • Pros: Intro APR Period (0% for 15 months), no annual fee, 5% bonus categories
  • Cons: Requires good/excellent credit, low rate outside bonus categories

Target RedCard™ Credit Card 

The Target RedCard™ Credit Card is a store feature that offers customers 5% off every purchase made at Target. It also comes with free shipping on Target.com orders and extended returns. The Target RedCard™ is a smart option for people who frequently shop at Target and want to save money on their purchases. 

The main benefit is the 5% discount, which can add up to significant savings over time. There are also some nice perks, like special promotions and early access to exclusive offers. The biggest downside is that it can only be used at Target stores and Target.com. If you don’t shop at Target often or prefer to shop around, the Target RedCard™ may not be the best option for you.

  • Annual Fee: $0
  • Interest Rates: 16.24%-26.24% Variable APR
  • Credit Score: 690-850 (Good – Excellent)
  • Pros: Intro APR Period (0% for 18 months), no annual fee, new customer bonus offer
  • Cons: Requires good/excellent credit, must be a customer or member

Amazon Rewards Visa Signature Card

The Amazon Rewards Visa Signature Card is a credit card that rewards purchases made at Amazon.com and other retailers in the Visa network. Customers earn 3% back on Amazon.com purchases, 2% back at petrol stations, restaurants, and pharmacies, and 1% back on everything else. There is no annual fee: customers can redeem their rewards for cash back, prime rewards, and travel. 

People who frequently shop at Amazon.com and other Visa-affiliated retailers may benefit from this spending. If you spend a lot at Amazon or Whole Foods, no other lender rewards you so handsomely and consistently. However, if you seldom shop at either retailer, you’d benefit more from a card that rewards you where you shop the most. 

  • Annual Fee: $0
  • Interest Rates: 15.74%-23.74%, Variable
  • Credit Score: 690-850 (Good – Excellent)
  • Pros: no annual fee, unlimited 5% back at Whole Foods and Amazon, prime rewards 
  • Cons: Requires good/excellent credit, no 0% intro APR, must be a customer or member

American Express® Gold Card 

The American Express® Gold Card is a retailer that offers a variety of benefits and perks to customers who want to earn rewards on their everyday spending. Each dollar you spend on restaurants and food stores will earn you four Membership Rewards® points (up to $25,000 per year, then one point). 

While each dollar spent on flights booked directly with airlines or through American Express Travel will earn you three points. You’ll also get approximately $120 Uber credit automatically added to your account each year. 

Despite its high annual fee, this is a high-end line of credit with a lucrative reward program – plus travel perks such as access to airport lounges. It’s well worth the annual fee for dining enthusiasts who can maximize their annual credits.

  • Annual Fee: $250
  • Interest Rates: 18.24%-25.24% Variable APR
  • Credit Score: 690-850 (Good – Excellent)
  • Pros: Earning points is unlimited and does not expire, access to advance tickets for gigs, films, and other events, and airport lounge access
  • Cons: High annual fee, although only after the first year, foreign transaction fees for overseas use

How to Choose a Grocery Credit Card

How to Choose a Grocery Credit Card 

Choose the grocery card that suits you best from the hundreds available. Think about the purpose of using the account first. This could be to buy things online or in-store with a specific supermarket, with lots of benefits, or spread the purchase cost.

No matter how you use your card, the key is deciding whether you will pay off your debt monthly or spread it out over time. You will usually be charged interest when you use the card to borrow money and don’t pay off the balance each month. Consider a low-interest offer in this case. Be sure you can afford to make regular repayments too. 

If you can pay the balance off in full and on time each month, the interest rate won’t matter much, but you may want to consider retailers with cash-back rewards. Even if you think you’ll be able to pay off the balance immediately, make sure you plan for when you won’t be able to.

Who Should Apply for a Grocery Credit Card? 

A grocery credit card is a type of plastic that offers rewards or discounts on food and other shopping items. Retailers usually offer points or cash back on groceries, gas, and other shopping items. 

Anyone who is looking for convenient, secure shopping and an opportunity to earn rewards should apply for a grocery card. They can be a great way to save money if you’re a frequent shopper at a particular store or retailer.

Some of them also offer discounts on travel, dining, and other purchases. So, they’re perfect for consumers looking for specific rewards for their spending. More people are seeking ways to save money on their grocery bills, which is why they are becoming increasingly popular.

How to Buy Groceries Online with Your Credit Card? 

Here are some guidelines for ordering directly from supermarket websites online. A similar process will apply if you order through an app.

  • Ensure you have your email address and card to hand. You will receive a confirmation email once your order has been placed
  • Visit the website, or download the app 
  • Then sign in or create an account
  • You’ll then be prompted to enter your address and choose and delivery date and time
  • Browse the online supermarket for those tasty groceries and add those you want to your “cart,” “trolley,” or “basket”
  • To pay, view your order and click “continue,” “proceed to payment,” or “place order.” The payment page will appear
  • Enter the card details. Payment is usually taken on delivery day. This allows you to amend your order before delivery. 

How Can You Earn Rewards with Grocery Cards? 

When you use a credit card for supermarket purchases, you can earn cash back, points, miles, and rewards. Each retailer will have specific shopping requirements you will need to fulfill to generate rewards:

  • Completing teamwork goals, cashing in on brand-specific offers, or referring others
  • Purchasing the same product or brand at several stores in a row
  • Whenever you use your card at specific stores outlined by your lender
  • Depending on the terms, earn more points shopping online or in-store 
  • Receive rewards on purchases, along with interest back for spending outside the supermarket
  • Earn cash back when you spend a specific amount in-store or online 

Just by spending the money you already do, you could earn several hundred dollars in rewards.

FAQ

How do you use a credit card for groceries?

The process of paying at a food store with plastic is straightforward and easy. It works just like a normal debit card. Just present it to the cashier, or enter your pin on the point-of-sale (POS) terminal.

What grocery store has a credit card?

Many food store credit cards are available, each with different benefits and rewards. The best grocery line of credit for you will depend on your spending habits and the types of rewards you’re looking for.

Should I put my groceries on my credit card?

Credit cards are safer to carry than cash and provide better fraud protection than debit cards. You should generally pay for your groceries with one whenever possible. Spending habits don't have to change to earn rewards, and spending is easier to track.

Has Walmart considered a grocery credit card?

Walmart is not considered a grocery credit card. Major financing networks assign a merchant category code (MCC) to traditional store purchases. Walmart does not fall under this code, since they sell much more than groceries.

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