If you are someone that tends to go to the grocery store often and pay with credit cards, a grocery credit card might not be a bad idea. It will let you earn rewards on items you buy frequently.
In this guide we will breakdown some of the best grocery credit cards of 2020. Continue reading to learn more.
For a more comprehensive list, see our best credit card bonuses here.
Types of Grocery Credit Cards
Some of the types of different grocery credit cards include:
- Flat-rate, cashback cards. Earn a simple reward rate on all your purchases. You will not earn any special bonuses asides from the simple rate. Examples include the Citi® Double Cash Card and the Capital One® Quicksilver® Cash Rewards Credit Card.
- Cashback cards with bonus categories. Earn rewards rate depending on what category of items you purchase. Examples include the Blue Cash Preferred® Card from American Express and the Capital One® SavorOne® Cash Rewards Credit Card.
- Cards with rotating categories. Each month, a certain bonus category will have a higher reward rate. This bonus category will change on a quarterly basis. Examples include Chase Freedom FlexSM and Discover it Cash Back.
- Co-branded grocery store cards. Earn rewards based on a specific grocery store. If you shop at the same store for your groceries, this card would be perfect for you. Examples include the Kroger Rewards Mastercard.
What We Considered
To make our best grocery credit cards list, we considered the following:
- Welcome bonus
- Potential Earnings
- Annual or monthly fees
- Points value
- Simplicity to earn bonus
- Additional benefits
The Best Grocery Credit Cards
Blue Cash Preferred® Card from American Express is the best overall grocery card because of high cashback rate for groceries. Earn up to 6% back on the first $6,000 you spend on groceries each year.
The Blue Cash Preferred® Card from American Express offers a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months. Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It(R) to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors. Low Intro APR: 0% on purchases and balance transfers for 12 months from the date of account opening. After that, your APR will be a variable APR of 18.24% - 29.24%. You'll earn • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). • 6% Cash Back on select U.S. streaming subscriptions. • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). • 1% Cash Back on other purchases. • $84 Disney Bundle Credit: With your enrolled Blue Cash Preferred Card, spend $9.99 or more each month on an auto-renewing Disney Bundle subscription, to receive a monthly statement credit of $7. Valid only at Disney Plus.com, Hulu.com or Plus.espn.com in the U.S. Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout. The card does come with a $0 intro annual fee for the first year, then $95. (See Rates & Fees) Terms Apply. |
The PenFed Platinum Rewards Visa Signature Card is the one of the best grocery card with no annual fees and unlimited rewards on groceries. If you have a bank account with PenFed Credit Union, you are eligible apply for PenFed Platinum Rewards.
If you spend frequently on gas and groceries, look into signing up for the PenFed Platinum Rewards Visa Signature Card. Earn a $100 statement credit bonus after you spend $1,500 within 3 months of account opening. This card earns 5x points on gas, 3x points on groceries and 1x points on everything else. In addition, there is a 0% intro APR on balance transfers for 12 months and no foreign transaction fees
You can trade in your points for travel, gift cards or merchandise. Each PenFed point is worth $0.01 on average.
(Sign Up Now)
The Wells Fargo Visa Signature Card is the best grocery card with a high points-earning rate. You will earn five points for every dollar you spend on up to $12,500. The $12,500 can be spent on gas, grocery and drugstore purchases for your first six months.
Use your points for airfare, hotel stays, car rentals, cruises, cash redemptions, brand-name merchandise, gift cards and online auctions. Wells Fargo points are worth an average of $0.015 each.
It also offers the following benefits:
- Travel protections
- 0% intro APR on balance transfers for 15 months
- 0% intro APR on purchases for 15 months
- 50% more value for airfare
- Purchase protections
If you are looking for cash back and a welcome bonus, consider the Capital One® Quicksilver® Cash Rewards Credit Card.
(Sign Up Now)
The Amazon Prime Rewards Visa Signature Card is the best card if you do you grocery shopping online or for Whole Foods grocery purchases.
The card also offers the following benefits:
- Travel protections
- Purchase protections
- Visa Signature benefits
- No foreign transaction fees
This card is for the Amazon or Whole Foods loyalist. There is no annual fee but an Amazon Prime membership is a must have to get maximum value from the card. For cash rewards, you might get better mileage from the Citi® Double Cash Card.
(Sign Up Now)
The Capital One Walmart Rewards Card is the best card for Walmart grocery shoppers.
Earnings on the card goes as follows:
- 5% cash back at Walmart.com
- 5% back on Walmart store purchases (for your first year with Walmart Pay, 2% cash back thereafter)
- 2% back on dining
- 2% back on travel
- 1% back on everything else
The card also offers other benefits such as travel protections, purchase protections, and no foreign transaction fees. The card also has no annual fee.
If you shop at Walmart, this card gives you even more savings from the already everyday low prices at this mega-retailer. And it has no annual fee. But for general cash back, why not consider a card such as the Capital One® SavorOne® Cash Rewards Credit Card that offers you a welcome bonus and more versatility.
The Target REDCard is the most ideal card if you are someone that often purchases groceries at Target stores. The Target REDCard does not offer a welcome bonus but charges no annual fee.
If you’re a frequent Target shopper, this card will save you 5% on most of your purchases. On top of the amazing 5% discount, the card offers the following benefits:
- Free 2-day shipping on eligible orders
- + 30 days for returns or exchanges
- REDCard exclusives
The Target REDCard is great for the store’s frequent shoppers but for earning cash back, we feel the Chase Freedom Unlimited® is more versatile and offers the same 5% on grocery store purchases (except at Target!).
(Sign Up Now)
Additional Guides
While we focused on grocery credit cards in this post, there are many other credit cards offering great promotions For our guide on the best credit cards in other categories, check out these other posts:
Conclusion
If you spend a lot of your budget on groceries, you’ll want to find a credit card that rewards you for supermarket spending. Be sure to consider cards with other bonus categories that match your spending habits so you can maximize your earnings.
PROMOTIONAL LINK | OFFER | REVIEW |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $900 Cash | Review |
Chase Business Complete Checking® | $300 or $500 Cash | Review |
KeyBank Key Smart Checking® | $300 Cash | Review |
Truist One Checking | $400 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $325 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $400 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
Axos Bank Business Premium Savings | $375 Cash | Review |