what is the best credit card for groceries and gas

Best Overall Card For Gas and Grocery Purchases

• 1. Citi Premier® Card BEST OVERALL RATING ★★★★★ 4.6 ...
• 2. Discover it® Cash Back at Discover Card’s secure website EXPERT’S RATING ...
• 3. Blue Cash Preferred® Card at the issuer’s secure website ...
• 4. Bank of America® Customized Cash Rewards Credit Card ...
• 5. Chase Freedom Flex℠ ...
• 6. Costco Anywhere Visa® Card by Citi ...
• 7. More Rewards American Express® Credit Card ...
• 8. Amazon Prime Rewards Visa Signature Card ...

Full Answer

What is the best card for gas purchases?

Best gas credit cards

• Citi Premier® Card. ...
• Chase Freedom Flex. ...
• Blue Cash Preferred Card from American Express. ...
• Chase Freedom Unlimited. ...
• Hilton Honors American Express Surpass® Card. ...
• Bank of America Customized Cash Rewards credit card. ...
• Wyndham Rewards Earner® Plus Card. ...
• PenFed Platinum Rewards Visa Signature Card. ...
• Amex EveryDay Preferred Credit Card from American Express. ...

More items...

What is the best credit card for gas?

FULL LIST OF EDITORIAL PICKS: NERDWALLET'S BEST GAS CREDIT CARDS

• Blue Cash Preferred® Card from American Express. ...
• U.S. ...
• Citi Custom Cash℠ Card. ...
• Bank of America® Customized Cash Rewards credit card. ...
• Chase Freedom Flex℠. ...
• Discover it® Cash Back. ...
• Sam's Club® Mastercard®. ...
• PenFed Platinum Rewards Visa Signature® Card. ...
• Methodology. ...
• About the author

What is the best cash back for gas?

So What Are the Best Gas Cash Back Apps?

1. Trunow. This simple app is one of the best ways to save money and get cash back on gas. ...
2. GetUpside. Save up to 25¢ a gallon on gas and get bonus deals on convenience store items and auto services. ...
3. Dosh. ...
4. Cashbac. ...
5. Speedway. ...
6. Receipt Hog. ...
7. Murphy Drive Rewards. ...
8. Exxon Mobil Speedpass+. ...
9. Shell US. ...
10. Fuel Rewards Program. ...

More items...

What credit card has the highest cash back?

The best cash back credit card is the Blue Cash Preferred® Card from American Express because it offers lots of bonus cash back rewards. The Amex Blue Cash Preferred Card gives 6% cash back on eligible U.S. streaming services, plus 6% cash back on up to $6,000 spent at U.S. supermarkets each year.

What credit card gives the most back for groceries?

Frequent grocery shoppers will be happy to learn the Blue Cash Preferred® Card from American Express offers the highest cash-back rate at U.S. supermarkets at 6% (on up to $6,000 per year in purchases, then 1%).

Should you buy groceries with your credit card?

Yes, you should use a credit card for groceries. Using a credit card for grocery shopping is a good idea because it is convenient, secure, and a great opportunity to earn rewards – with the potential to save you up to 6% every time you buy groceries.

What is the best gas discount card?

Best credit cards for gas stationsCredit CardEstimated gas station rewards earned each yearEstimated rewards earned after five yearsPenFed Platinum Rewards Visa Signature® Card$111$2167Blue Cash Preferred® Card from American Express$67$2437PNC Cash Rewards® Visa®$89$2012Citi Premier® Card$67$2125

What credit card is the most beneficial?

Here are Select's picks for the top rewards cards:Best Overall: American Express® Gold Card.Runner-Up: Capital One Venture Rewards Credit Card.Best for Cash Back: Alliant Visa® Signature Credit Card.Best for Luxury Travel: Chase Sapphire Reserve®Best for Groceries: Blue Cash Preferred® Card from American Express.More items...

Should I use debit or credit for groceries?

Don't use your debit card to pay for stuff Simply don't pay with your debit card. Credit cards are a convenient way to pay, and you can even collect points. Some stores like Aldi and Costco prefer debit cards and some corner stores don't take credit cards under a certain amount; pay cash in these cases.

What should you purchase with a credit card?

7 Things to Purchase With Credit CardsAppliances and Electronics. You should always consider buying big ticket items, like your refrigerator or your laptop, with your credit card. ... Business Expenses. ... Home Repairs. ... Online Purchases. ... Rental Car. ... Purchases Over the Phone. ... Travel. ... Cash Advances.More items...•

Is it worth getting a gas card?

A general rewards card that offers cash back on gas is often a better deal—though could be harder to get, depending on your credit history—than an oil-company card. A general credit card will likely pay more rewards for non-gas purchases, but if you drive a lot, a gas credit card might be worth it.

How many credit cards are too many?

How many credit accounts is too many or too few? Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.

How can I save the most money on gas?

14 easy ways to save money on gasPay with cash instead of a card. ... Use a gas rewards card. ... Join a grocery store rewards program. ... Fill up on the cheapest days of the week.Find the best price with a gas app. ... Drive patiently. ... Spend less time idling. ... Plan out your routes.More items...•

What are the three top credit cards?

Here are the best credit cards: Best rewards card: American Express® Gold Card. Best travel card: American Express® Gold Card. Best credit card welcome bonus: Chase Sapphire Preferred® Card. Best no annual fee credit card: Citi® Double Cash Card.

What are two major credit cards?

The four major credit card networks are Mastercard, Visa, American Express and Discover. Out of the four networks, two are also card issuers — Amex and Discover — which we explain more in the next section. In addition to aiding transactions, card networks determine where credit cards are accepted.

Is Capital One a good credit card?

The Capital One Platinum Credit Card is a solid option for those with average credit. It has an annual fee of $0 and also charges no foreign transaction fees. But for many, its standout feature may be that it also offers the chance to earn a higher credit limit after making on-time payments in as little as six months.

How do you pay groceries with a credit card?

Paying with a credit card at a grocery store is simple and straightforward. Just present your card to the cashier, who will swipe it on the point-of-sale (POS) terminal. You'll be asked to enter your PIN using the terminal or put your signature on the charge slip. Then wait for your card and receipt to be given to you.

Is it safe to use debit card at grocery store?

All in all, the safest way to pay for groceries is through an app or service such as Apple Pay, however, using credit and debit cards are just fine so long as you sanitize your hands immediately after touching the keypad and pen.

Can you get cash back with a credit card at a grocery store?

Can you get cash back at stores with a credit card? No, you can't use your credit card for cash back at stores; this is a transaction generally reserved for debit cards and, in fact, is only possible at some stores even then.

When did grocery stores start accepting credit cards?

April, 1991The trend is reflected in the food retailing industry. Only 800 supermarkets accepted credit cards issued by Mastercard and Visa for checkout purchases before April, 1991. Today, more than 5,000 supermarkets accept the cards.

How can you earn rewards on groceries with credit cards?

Some credit cards offer higher-than-average rewards on spending at the supermarket and other food purveyors that qualify. To earn rewards with a gr...

How should you choose a grocery store credit card?

You should choose a grocery store card based on where you shop the most and your tolerance for an annual fee. For example, if you shop at your loca...

Which credit cards offer the best cash-back rewards on groceries?

The grocery credit cards that offer the best cash-back rewards tend to carry an annual fee. Some of the highest earning cards on groceries include...

What is the best grocery store credit card with no annual fee?

The best credit card for groceries that doesn’t have an annual fee will depend on where you shop the most for your food. If you frequent traditiona...

How do grocery reward credit cards work?

Grocery reward credit cards work like any other credit card except they offer rewards in the form of cash back, points or miles for every purchase...

How much cash back is available at grocery stores?

Rewards: 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) and 1% cash back on other eligible purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit

How long does it take to get $300 credit on a new credit card?

Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.

How much cash back can you get with preferred rewards?

If you’re a Preferred Rewards member, you can earn 25% – 75% more cash back on every purchase. That means you could earn up to 5.25% cash back on purchases in your choice category.

What is Citi Custom Cash?

The Citi Custom Cash is a great option for people looking to maximize cash back rewards without having to worry about activating or selecting bonus categories.

What is Amazon Rewards Visa Signature Card?

The Amazon Rewards Visa Signature Card offers fantastic value for frequent shoppers at Amazon.com and Whole Foods stores. An additional bonus cash back category, Visa Signature benefits, plus no annual fee further sweeten the deal.

What is Capital One's cash back card?

The Capital One SavorOne card is a perfect cash back credit card for those who spend a lot at restaurants, grocery stores and on entertainment. With its 3% cash back rate in those categories, it's a win for socialites that don't want to pay for an annual fee.

When does the Redcard offer expire?

Get $40 off a future qualifying purchase over $40 when approved for a credit or debit RedCard. Offer expires on December 11, 2021

How much cash back is there at grocery stores?

3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). 2% Cash Back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases. Terms and limitations apply.

What is NerdWallet credit card?

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.

How much cash back does the Blue Cash Everyday card give?

The Blue Cash Everyday® Card from American Express earns 3% cash back at U.S. supermarkets (on up to $6,000 spent per year, then 1%), 2% back at U.S. gas stations and select U.S. department stores, and 1% back on everything else. Terms apply. Rewards on $5,000 a year in U.S. supermarket spending: $150.

How much did the average household spend on groceries in 2017?

According to federal consumer expenditure data, the average U.S. household spent $4,363 on "food at home" in 2017, the most recent year available. Paying for groceries with a card that earned just 2% rewards on groceries would have earned such a household more than $87.

How much cash back can you get with Bank of America credit card?

With the Bank of America® Customized Cash Rewards credit card, you earn 2% cash back at grocery stores and wholesale clubs and 3% cash back in a category of your choice, on up to $2,500 in combined spending per quarter. Plus, you’ll get 1% cash back on all other purchases. If you qualify for Bank of America®'s Preferred Rewards program, you can earn a bonus of 25%, 50% or 75% of your rewards, depending on your account balances. Maximum rewards on $5,000 a year in grocery store spending: $100 (for Preferred Rewards customers: $125, $150 or $175).

What is a customized cash reward card?

The Bank of America® Customized Cash Rewards credit card gives you a little more control over your credit card reward s by letting you choose which category earns the highest cash-back rate, from a list that includes gas stations, restaurants, travel and others. You also get bonus rewards at grocery stores and supermarkets, plus a great new-cardholder bonus offer. Read our review.

Does Target have a cash back card?

The Target REDcard™ Credit Card doesn 't offer rewards in the form of cash back or points, but you could argue that it gives you something even better: an immediate 5% discount on nearly everything you buy at Target, either in-store or online. You also get free shipping on most items at Target.com. If your grocery runs take you to a full-service Super Target — or just to the food aisles at a regular Target — this $0-annual-fee card is mighty attractive. » Savings on $5,000 a year in groceries at Target: $250.

Who should apply for a grocery credit card?

As Americans spend more than $5,000 a year on grocery shopping, a credit card that rewards you for your supermarket purchases is a smart addition to just about anyone’s wallet.

What restaurants have a $120 dining credit?

In addition to rewards and Amex Offers, cardmembers can also take advantage of a $120 dining credit ($10 a month) at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed and participating Shake Shack locations (for those nights when you don’t want to cook). Plus, there are no foreign transaction fees. (see rates and fees)

What is a penfed card?

Who’s this for? The PenFed Platinum Rewards Visa Signature® Card is a good choice for shoppers who want big rewards (3X points for every $1 spent on supermarket purchases) without the annual fee. The average American can earn $155 in cash back each year when they do their shopping at qualifying supermarkets.

What is the Blue Cash card?

Who’s this for? The Blue Cash Everyday® Card from American Express is the no annual fee* alternative to the Blue Cash Preferred® Card from American Express, which tops our list of best cards for grocery shopping. Blue Cash Everyday® Card members earn a competitive 3% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). The average American can earn $155 in cash back each year when they do their shopping at qualifying supermarkets.

How much does an Amex card cost?

This card has a $0 introductory annual fee for the first year, then $95, but it can be offset by the cash back you earn and discounts you can get through the Amex Offers. (See rates and fees)

How much does the average American spend on groceries?

The average American spends about $5,174 a year, or roughly $431 a month, on groceries, according to a sample budget based on the latest spending data available from the location intelligence firm Esri. That’s more than Americans spend on dining out ($3,675 annually). The best grocery rewards cards offer up to 6% cash back at supermarkets.

What is the Freedom card?

The Freedom card also provides cell phone protection and select partner benefits, such as 5% cash back on Lyft purchases through March 2022 and complimentary three months of DashPass, plus 50% off for the next nine months when you activate by December 31, 2021. This perk provides you with free delivery on DoorDash orders over $12 and lower service fees.

What is the best American Express card for grocery purchases?

The American Express Gold Card is our top choice for grocery rewards points because of its 4 points per dollar on all U.S. supermarket purchases and U.S. restaurants up to $25,000 in combined spending. Given that the value of Membership Rewards points can be worth as much as one cent each based on how they are redeemed, the potential rate of return on grocery spending can be good. There is an annual fee of $250, which can be worth it based on the generous bonus categories, $120 in Uber or Uber Eats credits, and $120 in dining credits.

What is a grocery credit card?

Grocery credit cards give consumers additional cash back, points, or miles on grocery purchases. With the average household spending close to $4,725 per year on groceries, this is a popular category of rewards cards. 1 Having a grocery credit card allows you to maximize this spending by earning bonus rewards on your supermarket purchases.

What is the best cash back card for Walmart?

The Capital One Walmart Rewards Mastercard is our top pick for earning cash back rewards on groceries from Walmart and Walmart.com. The Capital One Walmart Rewards Mastercard is the logical choice to earn substantial cash back rewards on their groceries while taking advantage of their already discounted prices. You'll earn 5% cash back on Walmart.com purchases for delivery or pickup. For the first 12 months, the in-store cash back is 5% when using Walmart Pay.

What is Amazon Business Prime?

The Amazon Business Prime American Express Card wins for best business grocery rewards with grocery purchases through Whole Foods Market earning 5% rewards for eligible Prime Members. Whole Foods purchases, Amazon.com shopping, and Amazon Web Services (AWS) charges all receive 5% rewards on the first $120,000 spent each year.

What is the best American Express card?

The Blue Cash Preferred® Card from American Express is our top pick for best overall grocery and best cash back grocery rewards because of its exceptional 6% cash back at U.S. supermarkets on spending up to $6,000 per year, allowing cardmembers to earn up to $360 on grocery rewards alone. The card also offers strong bonus cash back on gas and dining expenses, making it a great primary card for expense categories that are typically the largest for most Americans. There is a $95 annual fee, but most will find the cost to easily be worth it thanks to the lucrative rewards structure.

How much cash back does Walmart give?

Walmart.com purchases for pickup or delivery earn an unlimited 5% cash back. For a limited time, you'll also receive 5% cash back on in-store Walmart purchases when you pay with your card using Walmart Pay.

How to compare credit cards?

To compare different cards, it’s helpful to examine your spending patterns and try to estimate how much you might get from each card in terms of rewards. While grocery shopping is a significant category for most people, other monthly spending categories can be equally or even more important. Also consider any signup bonuses a card might offer and whether it charges an annual fee.

How to pick a gas credit card?

So for most people, the trick to choosing a great gas credit card is picking one that rewards you well not just on gas station purchases, but also for other spending. Still, especially for heavy drivers, getting outsized rewards on gas can be key. Aim to earn at least 3% back on every dollar spent at the pump.

What is NerdWallet credit card?

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.

How much is the annual fee for Penfed Platinum Rewards?

If you’re willing to endure a little hassle in joining this credit union and using its points, it’s hard to beat the return in points on the PenFed Platinum Rewards Visa Signature® Card, which has an annual fee of $0. Each $1 spent on gas earns the equivalent of 4.25 cents when redeemed for gift cards, which is a superb return. It also helps at the supermarket. The card is also our only choice that isn’t issued by a megabank, if that appeals to you.

How much cash back do you get on a preferred rewards card?

(Other 3% choices: online shopping, dining, travel, drugstores or home improvement and furniture stores. You can update your choice category once each calendar month.) If you're a Preferred Rewards member, you can get bonuses of 25% to 75% of the rewards you earn.

How much cash back does American Express give?

Earning 3% back on U.S. gas station purchases year-round is excellent when there are other lucrative bonus categories, too. Large households especially will appreciate what the Blue Cash Preferred® Card from American Express can earn on other expenses: 6% cash back at U.S. supermarkets, on up to $6,000 a year in spending (then 1%); 6% cash back on select U.S. streaming subscriptions; 3% cash back on transit (including such things as taxis, rideshares, parking, tolls, trains and buses); and 1% cash back on all other purchases. Terms apply.

What is a customized cash reward card?

The Bank of America® Customized Cash Rewards credit card gives you a little more control over your credit card reward s by letting you choose which category earns the highest cash-back rate, from a list that includes gas stations, restaurants, travel and others. You also get bonus rewards at grocery stores and supermarkets, plus a great new-cardholder bonus offer. Read our review.

How many points do you get for gas at the pump?

Earn 5x points for gas purchases at the pump and electric vehicle charging stations. Earn 3x points for supermarket purchases, restaurants/dining, and cable, satellite and other pay television/radio/streaming services. Earn 1x point on all other purchases.

What credit cards work for gas stations?

There are two types of gas credit cards: cards that only work for a specific chain of gas stations and cards that are on a major payment network (Visa, Mastercard, American Express, Discover) and provide rewards for gas purchases regardless of the specific gas station.

How much cash back is available at grocery stores?

Rewards: 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) and 1% cash back on other eligible purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit

What is a Citi Double Cash card?

The Citi Double Cash card's simple cash back structure and long lasting APR offer make the Citi Double Cash a favorite among those who want to set it and forget it. It offers a solid cashback rate on all purchases, plus a long-lasting 0% intro APR offer, all without an annual fee.

What is a cash back card?

Cash back cards are some of the simplest rewards credit cards out there. The Blue Cash Preferred® Card from American Express offers a solid rewards rate at U.S. gas stations. Even better, the card lets cardholders earn high cash back rates in purchases at U.S. supermarkets and streaming services, which are easy to maximize categories.

How many Hilton points does American Express have?

For a card with no annual fee, the Hilton Honors American Express Card offers a healthy 5 Hilton Honors points per dollar earnings rate on purchases at U.S. gas stations. That’s an effective 3% rate of return on gas purchases based on our value of Hilton points.

How long does it take to get $300 credit on a new credit card?

Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.

How much does the average household spend on gas?

However, those weekly trips to the pump add up. The average household spends nearly $2,000 a year on gas.

How do gas credit cards work?

There are two types of credit cards that could be considered gas credit cards. One type is issued by gas stations, and the other is a more general rewards card that offers bonus rewards for gas purchases.

How much cash back do you get on gas stations?

You’ll earn 3% cash back on U.S. gas station purchases and on transit (including taxis/rideshares, parking, tolls, trains, buses and more). You also get a whopping 6% cash back on up to $6,000 that you spend each year at U.S. supermarkets and 6% cash back on select U.S. streaming subscriptions. Plus, you can earn 1% cash back on all other purchases.

How much does a Hilton Honors American Express Surpass card cost?

The Hilton Honors American Express Surpass® Card comes with a $95 annual fee.

How much cash back does Costco give?

You’ll also get 3% cash back on restaurant and eligible travel purchases, 2% back on all other purchases from Costco and costco.com, and 1% on all other purchases.

What categories get 3% cash back?

Those categories include gas, online shopping, dining, travel, drugstores or home improvement/furnishing.

How many points do you get for gas stations?

When you fill up, you’ll earn six points for every $1 you spend at U.S. gas stations. When you get tired and need to pull off the road, find a Hilton hotel — you’ll earn 12 points per $1 spent on purchases there. You can use those points to pay for future hotel stays.

Does each gas card issuer have its own rules?

Each card issuer has its own rules for gas rewards, so pay attention to the fine print.