Grocery spend consistently ranks in the top 3 of American spending, typically after housing and transportation costs. Due to this, there are a plethora of credit cards dedicated to earning points and cash back at grocery stores. We will discuss most, if not all the major ones, below:
American Express Gold Card
Welcome Offer: 60,000 Membership Rewards (MR) Points for $4,000 spend in 6 months with $250 Annual Fee
Earns: 4x MR points on groceries, up to $25,000 a year.
Best For: Those that spend above $6,000 a year on groceries, find value in MR points and can use the credits to effectively offset the annual fee.
This is a great card for anyone that travels and spend a lot on groceries. Paired with other MR earning cards, this can easily be added to anyone's wallet, especially if you live in a city.
American Express Blue Cash Preferred
Welcome Offer: $250 Credit for $3,000 spend in 6 months with $95 Annual Fee (waived year 1)
Earns: 6% cash back on groceries, up to $6,000 a year
Best For: Those that can max out the yearly grocery spend, find value in the other reward categories (6% streaming, 3% gas and transit) and has a Disney+ bundle subscription.
This card is great for grocery spend and has many other benefits, so it should definitely be considered if you are looking for a grocery card, just make sure to max the yearly spend.
Citi Custom Cash
Welcome Offer: $200 Credit for $1,500 spend in 6 months with $0 Annual Fee
Earns: 5% cash back on category of your choosing (assuming groceries), with $500/month cap
Best For: Those that can max out the monthly spend requirement and do not mind using one card for groceries only.
This card makes since for most people that want to max out credit card rewards.
American Express Blue Cash Everyday
Welcome Offer:$200 Credit when you spend $2,000 in 6 months and 10% back up to $150 on dining spend in the first 6 months Annual Fee: $0
Earns: 3% back on groceries, up to $6,000 in a year
Best For: Someone that does not spend a lot on groceries and can make use of the other perks of this card (Disney credit and HomeChef credit).
This is not a great stand alone grocery card but it may make since in some scenarios, but there are better grocery cards.
Capital One SavorOne
Welcome Offer: $200 back when you spend $500 in the first 6 months with $0 Annual Fee
Earns: Unlimited 3% on groceries, the first unlimited spend grocery card.
Best For: Similar to the BCE, 3% back is not great, but with an unlimited cap and the potential to make 3% back into 3x points with a Venture or Venture X card, this may be a great addition.
Chase Whole Foods Card
*AKA the Amazon Prime Card. *Need an Amazon Prime Membership
Welcome Offer: $100 credit on approval, $0 Annual Fee
Earns: 5% back on purchases at Whole Foods
Best For: Anyone that spends a lot at Whole Foods for their groceries
This card is typically great for anyone that spend money on Amazon. Whole Foods may, in my experience, be overpriced but they do have some deals every now and then.
Welcome Offer: 80,000 ThankYou Points (TYP) when you spend $4,000 in 3 months
Earns: 3x TYP at Supermarkets
Best For: Those that enjoy Citi Cards and find value in Citi's transfer partners.
This is a very versatile card when it comes to its earning categories but Citi does not have amazing transfer partners and this card can be overshadowed by the Custom Cash.
For Chasing (pun) Welcome Offers:
Right now both the Chase Freedom Flex and the Chase Freedom Unlimited have 5% back on groceries for 1 year up to $12,000 spent.
Both are great cards on there own, so either can be a good choice if you cannot decide and want more time to figure out what card is right for you. AND the CFF has 5% back on groceries in the first quarter so you will get 9% back in Q1 on groceries on the first $1,500 spent.
With groceries being such a major spend category for most Americans, it is important that you have a credit card that you can use for maxing cash back on groceries-- the epitome of getting free money for something that you are planning on buying anyway. With enough research and thought, everyone can find the right credit card for grocery spend for them, I hope this article helped.
*A few assumptions that I made: Target, Walmart, and Wholesale Clubs are not grocery stores. Any card that is a dedicated rotating card (CFF, Discover It) will not be included. I assumed that 2x or 2% is the minimum and did not include any cards with less than 3% or 3x return.