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Maximize Your Grocery Budget with the Right Credit Card

Grocery shopping is a significant expense for many Americans, with the average cost of food at home totaling $5,703 per year. During the holiday season, your grocery bills may increase even more. Having a credit card with grocery rewards can help you earn cash back or points on your purchases. Here are the best credit cards for supermarket shopping, weeknight dinners, and everything in between.

Top Picks for Grocery Rewards

• Blue Cash Preferred: Earn 6% cash back at U.S. supermarkets, with a $6,000 annual cap. This card offers additional cash-back categories for streaming, transit, and U.S. gas stations.
• Capital One Savor: Enjoy 3% cash back on groceries, with no cap on the amount you can earn. This card also offers cash back on dining, streaming services, and entertainment.
• American Express Gold Card: Earn 4x Membership Rewards points at U.S. supermarkets, with a $25,000 annual spending cap. This card also offers rewards on restaurant spending and flight purchases.
• Amex Blue Cash Everyday: Get 3% cash back at U.S. supermarkets, with a $6,000 annual cap. This card also offers cash back on gas stations and online shopping.
• Chase Freedom Flex: Earn 5% cash back on rotating quarterly categories, including groceries. This card also offers cash back on travel, dining, and other purchases.
• U.S. Bank Shopper Cash Rewards: Earn 6% cash back on two choice retailers, including grocery stores like Target and Walmart.

Co-Branded Grocery Credit Cards

If you tend to shop at the same store each week, a co-branded grocery credit card may offer even more savings. Consider the following options:

• Costco Anywhere Visa: Earn 4% cash back on eligible gas station and EV charging station purchases, 3% cash back at restaurants, 3% cash back on eligible travel spending, and 2% cash back on purchases at Costco and Costco.com.
• Target Circle Card: Earn 5% cash back at Target stores and on Target.com, plus 2% cash back on dining, 2% at gas stations, and 1% cash back on all other non-Target purchases.
• Prime Visa: Earn 5% cash back on Amazon.com purchases, including Whole Foods Market and Amazon Fresh.

Tips for Maximizing Grocery Rewards

• Make a shopping list in advance to avoid overspending.
• Take advantage of intro offers, such as 0% APR on new purchases.
• Know your eligible stores and earn rewards accordingly.
• Use your added benefits, such as dining credits or free shipping.
• Compare the potential value of each card to your own spending habits.

Before You Apply

• Consider your credit score and whether you’ll be approved for a new card.
• Evaluate the annual fee, welcome bonus, and other details to ensure the card is right for you.
• Read the card’s rewards agreement to understand the terms and conditions.

By choosing the right credit card for your grocery shopping needs, you can earn cash back or points on your purchases and maximize your budget.