How to Choose a Credit Card for Groceries

You can earn rewards for your grocery expenses by using a grocery credit card.

Important points

  • Many shoppers use rewards credit cards to earn rewards when they buy groceries.
  • There are many credit cards for groceries, but not every card will suit you.
  • Consider cashback rates, spending limits, and your shopping habits when looking for grocery reward credit cards.

If you’re already using credit cards to pay for everyday purchases, don’t miss your chance to earn rewards. You can earn cashback on your purchases. If you spend a lot of money on groceries, it can be a good idea to get a credit card that rewards you for spending at the grocery store. Follow this guide to choose the best credit card for your purchases.

Decide if you want to pay an annual fee

While many credit cards don’t charge annual fees, some do. Many of the best rewards credit cards come with an annual fee. Before choosing a grocery credit card, consider your budget and determine if you can afford an annual fee. This will help narrow down your options when you start looking for credit cards. Many award cards have affordable annual fees.

Check the cashback rates

Before applying for a grocery rewards credit card, find out about the cashback rates of potential cards. Getting a card with a higher cashback rate could help you increase your earnings and make it easier to earn cashback faster — especially if you go to the grocery store often.

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Check spending limits

Some rewards credit cards have spending caps, or limits, on how many rewards you can earn in a particular spending category. For example, some cards allow you to earn a higher rate on grocery expenses up to a certain amount. Some card issuers set a quarterly spending cap, while others have an annual spending cap. Knowing this is important as it can help you gauge a card’s reward potential.

Here is an example: If you have a card that earns 4% back on groceries spending up to $6,000 per year and you spend $8,000 on groceries each year, you only earn 4% on the first $6,000 you spend with your card. You earn at a lower rate on the additional $2,000 in grocery expenses.

Find out about the benefits of each card

Some grocery reward credit cards allow cardholders to earn rewards in other spending categories in addition to grocery spending — which could help you maximize your earning potential. Be sure to check out the details of each card, including the other perks available that can improve your life. You want to get a credit card that is valuable to you.

Before you rush to open a new credit card, consider your shopping habits, including where you’re shopping. Some credit cards don’t allow cardholders to earn grocery rewards at retailers like Walmart and Target, or warehouse clubs like Costco and Sam’s Club. Make sure you research this to know if a rewards grocery credit card is best for you. If not, explore other credit cards that fit your spending habits.

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Don’t miss out on credit card rewards

With the cost of groceries rising, many of us are looking for ways to save more money and earn rewards. Using cash back apps while grocery shopping is one way to save on grocery bills. Another option is to use grocery credit cards to receive cashback rewards through your card issuer. Every little money saved can make a big difference and help you improve your finances. Check out our list of the best grocery credit cards to learn more.

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