04 Nov

Find Your Best Credit Card for Groceries – Maximize Savings!

Written By Dom Mia
November 04, 2023

Posted at 10:48h in Cashback by Dom Mia

When it comes to buying groceries, having the right credit card can help you maximise your savings. There are several credit cards available that offer rewards or cash back specifically for grocery purchases. By choosing the best credit card for groceries, you can earn valuable rewards and save money on your everyday food shopping. Here are some top picks in the UK based on the available options.

Key Takeaways:

Choosing the right credit card for groceries can help you maximize your savings
Several credit cards offer rewards or cash back for grocery purchases
Consider your individual spending habits and preferences when choosing a credit card
Top picks in the UK include the Blue Cash Preferred® Card from American Express and the Capital One SavorOne Cash Rewards Credit Card
Compare the benefits and features of each card to find the one that suits you best

Blue Cash Preferred® Card from American Express – Highest Rewards Rate for Groceries

When it comes to earning rewards on your grocery purchases, the Blue Cash Preferred® Card from American Express is the top choice on the market. With this card, you can earn a generous 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets, making it the highest rewards rate available for grocery shopping. Whether you’re stocking up on pantry essentials or buying fresh produce, this card rewards you for every dollar spent.

Not only does the Blue Cash Preferred® Card offer exceptional rewards for groceries, but it also provides cash back on other categories. You’ll earn 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit, and 1% cash back on all other purchases. With such versatile rewards, you can earn cash back on a wide range of everyday expenses.

Although the card does come with a $95 annual fee, the generous rewards it offers can easily offset this cost for frequent grocery shoppers. If you spend a significant amount on groceries each month, the Blue Cash Preferred® Card from American Express is an excellent choice to maximize your savings and earn valuable rewards.

Why Choose the Blue Cash Preferred® Card?

High rewards rate: Earn 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets.
Versatile rewards: Enjoy cash back on select U.S. streaming subscriptions, U.S. gas stations, transit, and all other purchases.
Offset annual fee: The generous rewards can easily offset the $95 annual fee for frequent grocery shoppers.

“With the Blue Cash Preferred® Card, I can earn significant cash back on my grocery purchases. It’s a fantastic way to save money while buying the essentials for my family.” – Sarah, Blue Cash Preferred® Cardholder

Capital One SavorOne Cash Rewards Credit Card – No Annual Fee and Versatile Rewards

The Capital One SavorOne Cash Rewards Credit Card is ideal for individuals seeking a credit card that offers impressive rewards without an annual fee. With this card, you can earn 3% cash back on both dining and grocery store purchases (excluding superstores like Walmart and Target). This can lead to significant savings on your everyday food shopping, allowing you to stretch your budget further.

Furthermore, the Capital One SavorOne Cash Rewards Credit Card provides even more value with its additional cash back categories. You can earn a generous 8% cash back on Capital One Entertainment purchases, making it an excellent choice for those who enjoy concerts, movies, and other forms of entertainment. Additionally, the card rewards you with 3% cash back on popular streaming services and entertainment, such as Netflix and Spotify. There is no limit to the amount of cash back you can earn, giving you the freedom to maximize your rewards.

By applying for the Capital One SavorOne Cash Rewards Credit Card, you can take advantage of a one-time $200 cash bonus after making $500 in purchases within the first 3 months of account opening. This introductory offer provides an excellent incentive to start earning cash back right away.

Conclusion

When it comes to finding the best credit card for food shopping, it’s crucial to consider your specific needs and preferences. Two top contenders in the UK market are the Blue Cash Preferred® Card from American Express and the Capital One SavorOne Cash Rewards Credit Card.

The Blue Cash Preferred® Card from American Express offers the highest rewards rate for groceries, with an impressive 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets. While it does come with a $95 annual fee, this can easily be offset by the generous rewards if you frequently shop for groceries.

On the other hand, the Capital One SavorOne Cash Rewards Credit Card provides a versatile rewards program with no annual fee. With 3% cash back on dining and grocery store purchases, as well as additional cash back on entertainment and streaming services, this card is an excellent choice for those who want flexibility without the cost of an annual fee.

Ultimately, the best credit card for you will depend on your unique spending habits and priorities. Consider your grocery shopping frequency, preferred supermarkets, and other spending categories that matter to you. By comparing the benefits and features of each card, you can find the one that offers the best grocery rewards program and maximizes your savings on every food shopping trip.

FAQ

What is the best credit card for groceries?

The Blue Cash Preferred® Card from American Express is a top choice for earning rewards on groceries, offering 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets (then 1% cash back).

Does the Blue Cash Preferred® Card have an annual fee?

Yes, the Blue Cash Preferred® Card from American Express has a $95 annual fee, but the generous rewards can easily offset this cost for frequent grocery shoppers.

Is there a credit card with no annual fee that offers rewards on groceries?

Yes, the Capital One SavorOne Cash Rewards Credit Card is a great option with no annual fee. It offers 3% cash back on dining and grocery store purchases.

Are there any restrictions on earning cash back with the Capital One SavorOne Cash Rewards Credit Card?

The Capital One SavorOne Cash Rewards Credit Card excludes superstores like Walmart and Target from earning cash back on grocery store purchases, but offers 8% cash back on Capital One Entertainment purchases and 3% cash back on popular streaming services and entertainment.

How can I maximize my savings on grocery purchases?

By choosing the best credit card for groceries, such as the Blue Cash Preferred® Card from American Express or the Capital One SavorOne Cash Rewards Credit Card, you can earn valuable rewards on every grocery purchase and save money on your everyday food shopping.