Best Credit Card for Gas and Groceries of 2023

Best Credit Card for Gas and Groceries of 2023 Looking for 2023’s best gas and grocery credit cards? Are you researching grocery and gas credit cards online?

Are you looking for supermarket and grocery store credit cards with huge cashback? If so, rejoice in being on the right page.

First, some facts about grocery credit cards.

A sample budget based on Esri’s latest data shows that the average American spends $431 monthly and $5,174 annually on groceries. That is more than Americans spend on dining (on average, $3,675).

Credit cards offer 1.5–6% cashback, saving families hundreds of dollars on huge grocery bills. The cherry on top is their annual fee of $0. Hurray!

The best supermarket reward cards offer 6%. They exclude wholesale clubs like B.J.’s and Costco and big box stores like Walmart and Target, but Krogers, Whole Foods, and other large grocers offer such rates.

Some of the best grocery credit cards also offer bonus rewards in other everyday categories like travel, restaurants, gas, etc.

For instance, using a rewards credit card to buy groceries can earn you over $100 per year—a smart move! That sounds great—saving so much money at the checkout without clipping coupons!

Travelers know that rising gas prices will continue to increase fuel costs. Cashback and other rewards are the best choices.

For heavy drivers, gas rewards are ideal. This article lists the best gas credit cards that reward you for gas station purchases and other purchases, including groceries.

So, compare each card’s benefits and drawbacks to find the best grocery and gas credit cards for your spending habits.

1. American Express Blue Cash Preferred® Card: Best Zero Annual Fee Credit Card

At U.S. supermarkets, American Express’ Blue Cash Preferred Card offers 6% cashback. It offers 3% transit cashback and other everyday purchases. 6% cashback on U.S. streaming subscriptions for spending up to $6,000 per year. Amazing!

Amex Blue Cash Preferred works well for groceries and gas. Cardholders receive 1% cashback on every other purchase and 3% cashback at U.S. gas stations.

Blue Cash Preferred also gives you a $300 statement credit for spending $3,000 in the first six months. That’s likely more than you expected to cover the card’s $95 annual fee for a few years (waiving off the first year).

The card costs $95 per year, but if you buy 500 groceries per month, you’ll save $265.

Overall, the American Express Blue Cash Preferred® Card is a great way to save big on gas and groceries. If you have great credit, you should be approved.

Rewards Details:

• Introductory APR –From account opening, 0% intro APR on purchases for one year or 12 months. The variable APR will be 13.99%–23.99%.
• Annual Fee – First-year fees are $0. After that, $95 per year. Foreign transaction fees are 2.7%.
• Pay Later Plan –American Express’ Blue Cash Preferred® Card’s $0 Buy Now, Pay Later Plan has no card fees for the first year. After 12 months, plans will charge nearly 1.33% per purchase.
• Redeeming Rewards – Redeem reward dollars for $25 statement credits. Amex’s rewards portal offers merchandise and gift cards.

Note: Reward Dollars can be used as statement credits for cashback.

Pros

• Incredible cash back on select U.S. streaming services and supermarkets;
• New cardholder bonus
• APR-free purchases

Cons

• 2.7% foreign transaction fee
• The annual fee is $95, while several other credit cards in this category charge nothing.
• Mastercard and Visa outnumber American Express.
• Get limited cashback on groceries, and some chains don’t offer this.

2. Amazon Prime Rewards Visa Signature Card—Best Whole Foods Credit Card

Amazon-ecosystem grocery purchases.

The card’s standard offer is 3 percent back on Whole Foods and Amazon.com purchases. Prime members get five points/$1 for 5% back.

After getting a credit card, Amazon Prime members get a $150 gift card from Amazon.com, while everyone else gets $75.

All cardholders receive two points per dollar at restaurants, drugstores, and gas stations and one point per dollar elsewhere. This card is Visa-accepted and has no annual fee—great!

Overall, another great gas and grocery credit card.

Rewards Details:

• Introductory APR – The intro APR is 0.
• Annual Fee – Annual card fees are 0. Cardholders must be Amazon Prime members to get 5% cashback on Whole Foods Purchase and Amazon.com. Prime costs $119 annually. No foreign transaction fee, finally.
• Redeeming Rewards – You can redeem cashback in the desired amount for deposit statement credits to linked bank accounts. During checkout, you can link it to Amazon credits.
• Perks –Travel insurance covers baggage delay, travel accident, and lost luggage.

Additional Info:

• Amazon.com and Whole Foods Market offer unlimited 5% cashback on eligible purchases.
• Drugstores, gas stations, and restaurants offer 2% unlimited cashback. Every other eligible purchase earns 1% unlimited cashback.
• Approval grants a $100 Amazon gift card. Check the terms and conditions for exclusions.

Pros 

• No annual fee
• You will find flexible rewards redemption
• 0% foreign transaction fees
• Bonus offer for new cardholders
• High rewards rate

Cons

• Mandatory to be a customer or member
• No 0% intro APR

3. Citi Custom CashSM Card—Best Credit Card for Customized Rewards

Why is the Citi Custom CashSM Card a top grocery credit card? It offers 5% cashback in your top spending category each billing cycle (up to $500 spent; 1% back thereafter);

Other purchases earn 1% cashback. The card has no annual fee, but new cardholders get $200 for spending $750 in the first three months. Want more?

Rewards Details:

• Introductory APR – Balance transfers and purchases have 15-month 0% Intro APR. Depending on your creditworthiness, the variable APR will be 13.99%–23.99%. Balance Transfers must be completed within four months of account opening.
• Annual Fee – You enjoy 0 yearly fees.
• Credit card balance transfers cost 5% or $5. greater amount *
• Spend $750 on other purchases in the first three months to get $200 cashback. 20,000 ThankYou® Points equal $200 cashback.
• Every billing cycle, you can get 5% cashback on your top-ranked spending category up to $500. 1% cashback follows. All other purchases earn 15 unlimited cashback.

• No signup bonus categories rotate. As you spend in the top eligible categories, your earnings change each billing cycle.
• Redeeming Rewards – You can cash out your points for cashback as check, direct deposit, or a statement credit.
• Other Perks – There are several ways to redeem points, including shop, travel, gift cards with Points at Amazon.com.

Additional Info

• Only Citi will issue one Citi Custom Cash℠ Card account/person

Pros

• No annual fee
• Intro APR Period
• 5% bonus categories

Cons

• Requires good or excellent credit score
• There are low rates outside bonus categories

4. Chase Freedom Unlimited®: Best for Bonuses

After spending up to $12,000 in the first year, Chase Freedom Unlimited® offers 5% cashback on grocery store purchases (excluding Walmart and Target). New cardholders get $200 and 5% cashback.

After spending $500 in your first three months, you can earn the $200 bonus.

Rewards Details:

• Low Intro APR – From account opening, 0% intro APR on balance transfers and purchases for 15 months. After the intro period, the variable APR is 14.99%–23.74%.
• No Annual Fee – All the best Freedom Unlimited Card features are free. Foreign transactions also cost 3%.
• Cashback Rewards Don’t Expire – Cashback rewards last as long as your account does. Cashback redemption has no minimum.
• Redeeming Rewards – Amazon allows redemption for gift cards, bank account deposits, purchases, and statement credits. Chase Travel Portal purchases.
• Other Perks: Chase Freedom Unlimited provides trip interruption and cancellation insurance. This card reimburses non-refundable, prepaid passenger fares up to $1,500/person and $6,000/trip. If you missed the trip due to severe weather, illness, or other covered reasons.

Additional Info.

You can earn the following cashback:

• 5% on Chase Ultimate Rewards travel;
• 3% on drugstore purchases;
• 3% on restaurants with eligible delivery and takeout services.
• 1.5% cashback on everything else.

Pros

• Spend $500 on purchases within three months of account opening to receive a $200 bonus.
• Unrestricted redemption.
• Cashback rewards must earn 1.5%.

Cons

• Pay 5% or $10 for cash advances.
• Balance transfers cost $5 or 5% of all transfers, whichever is higher.
• High 3% foreign transaction fee.

5. Capital One SavorOne Cash Rewards Credit Card—Best for Foodies!

Capital One SavorOne Cash Rewards offers 3% cashback on supermarket purchases with no annual fee. It’s perfect for restaurant-goers and home cooks.

Rewards Details:

• Introductory APR –Balance transfers and purchases are 0% for 15 months from account opening. The regular variable APR is 14.99%–24.99%.
• Annual Fee – There’s no foreign transaction and yearly fee.
• Welcome/Early Spend Bonus – Spend $500 within three months from account opening to get a $200 cash bonus.
• Earning Rewards – Except for superstores like Target and Walmart, you can get unlimited 3% cash back on grocery store purchases.

• Entertainment, dining, and streaming services are included. Every other eligible purchase earns 1% unlimited cash back.
• Redeeming Rewards – Redeem any amount for bank account deposits or statement credits.
• Other Perks – 24/7 travel assistance saves money. Capital One Shopping and Paribus offer extended warranties and savings on purchases. SavorOne also has Mastercard and Visa versions. Additionally, product features may vary.

Pros

• Intro APR period
• No annual fee
• 0% foreign transaction fees
• Bonus categories are there.

Cons

• Requires good or excellent credit

6. American Express® Gold Card: Best for Grocery, Dining, and Travel Rewards Redemptions

The American Express® Gold Card offers high grocery shopping earning rates for frequent travellers. This card earns the most in the industry. Membership rewards are flexible and easy to redeem.

100,000 bonus points worth $0.01 each at redemption give you a 4% return on spending.

Rewards Details –

• Introductory APR – No intro APR. Its fees and rates page lists specific fees and American Express® Gold card rates.
• Annual fee – $250 annual fee is there.
• No Foreign transaction fee.
• Earning Rewards –Restaurant deliveries and takeouts earn 4 points per dollar. Up to $25,000 in annual category purchases at U.S. supermarkets and restaurants earns 4X Membership Rewards Points (including delivery and takeout).
  • Each Uber Eats purchase earns four points.
  • The cherry on top is earning 3 points per dollar spent on airfare purchases directly at amextravel.com and with the airline and one point per dollar spent on all other eligible purchases.

• Welcome Bonus Offer:Spend $4,000 on your American Express Gold card in the first six months to earn 60,000 Membership Rewards points.
• Redeeming Rewards: The American Express membership rewards portal offers statement credits, Uber rides, gift cards, travel bookings, and general merchandise for this grocery rewards card.
  • Redemption starts at 1,000 points. The most valuable points cost $0.005 to $0.01.
• Other Perks: This card offers $10 monthly dining credits worth $120 per year. After adding your American Gold Card as a payment method, you can earn $10 in Uber Cash per month, or $120 per year. Finally, this card’s benefits require enrollment.

Pros

• Transfer partners
• Bonus categories
• Enjoy flexible rewards redemption

Cons

• Requires good or excellent credit score
• Intricate rewards

See Charges and Fee of American Express® Gold Card

7. Target RedCardTM Credit Card—Best Grocery Store Credit Card For Fair Credit

Target RedCard is best for “One-Stop Shoppers.” This card gives you 5% off most in-store purchases, including groceries, saving you a lot of money. The deal applies to deliveries, pickups, and online orders.

This card gives Target loyalists big discounts.

Rewards Details:

• Introductory APR – It’s 0%, and the Regular APR variable is 22.90%.
• Annual Fee – It’s $0. You can make more than $40 with your new card.
• Bonus Offer – When they approve your debit or credit card, you get $40 off future qualifying purchases over $40.RedCard.
• Foreign Transaction Fee – There is 0 foreign transaction fee.
• Other Perks – Free two-day shipping on thousands of items. Know market exclusions. Target Marketing Emails signups receive a 10% discount on cardholder anniversaries.

Additional Info:

• Exclusive offers and items.
• Target.com and Target offer 30-day returns.Target.com and Target offer 5% off daily.
• Target Redcard holders save 5% at Clearance, Target Subscription, any in-store Starbucks, Speciality gift cards, Drive Up service, Shipt, and Top deals.
• Check your Target Credit Card balance, review past statements, and pay.

Pros

• Loyalty rewards for customers
• No annual fee
• Bonus offer for new cardholders

Cons

• High APR Restrictions
• Good credit is needed (i.e., between 700 and 790).

See Charges and Fee of Target REDcard™ Credit Card

8. Bank of America® Customized Cash Rewards credit card—Best for Rare Bonus Categories

For contestants who shop at Costco, Sam’s, or B.J.’s and a supermarket, the Bank of America® Customized Cash Rewards is a great option.

Rewards Details:

• Introductory APR Offer – Your first 15 payment cycles have 0% APR for purchases. Balance transfers within 60 days of account establishment are also covered. After the intro APR ends, the variable APR is 13.99% to 23.99%. Balance transfers cost 3% (minimum $10).
• Annual Fee – There’s no annual fee.
• Welcome Bonus Offer – After spending $1,000 in the first 90 days, you’ll get a $200 online rewards incentive.
• Redeeming Rewards – All qualified categories receive 3% cashback. Earn 2% cashback at wholesale clubs and grocery retailers, up to $2,500, including quarterly purchases. Get 1% limitless cashback on all other purchases.
• Other Perks – Having a lot of cash in all qualifying accounts might boost your Bank of America preferred rewards programme earnings by 75%.
  • Drawback – Other cards may offer you a better return for your shopping without the preferred rewards program of the Bank of America.

Pros

• Intro APR period
• No annual fee
• Bonus offer for new cardholders
• Excellent relationship rewards for members
• Rotating bonus categories

Cons

• Needs outstanding credit (690-850)
• Rewarding
• Bonus spending limits
• Exclusive rewards

See Charges and Fee of Bank of America® Customized Cash Rewards Credit Card

9. Citi Premier® Card: Most Lucrative Bonus Categories of Any Card

Supermarkets, petrol stations, and restaurants earn Citi Premier® Card points. Frequent overseas travellers get the greatest rate. One of the top gas and grocery credit cards in 2023.

Rewards Details:

• Introductory APR – There’s 0% intro APR, and then the regular variable APR is 15.99%-23.99%.
• Annual fee – $95
• Welcome/Sign up Bonus – Spend $4,000 within three months of account opening to gain 80,000 points.
• Redeeming Rewards –Travel, petrol stations, groceries, motels, and restaurants earn three points each dollar. Earn one point per dollar on other qualified purchases.
• Other Perks – Travel, petrol stations, groceries, motels, and restaurants earn three points each dollar. Earn one point per dollar on other qualified purchases.

Pros

• Rewards don’t expire
• Bonus categories

Cons

• You require a good/excellent credit score (690-850).
• Has annual fee

See Charges and Fee of The Citi Premier® Credit Card

10. American Express Blue Cash Everyday® Card—No Annual Fee Alternative; Best Cashback Gas and Grocery Rewards

If paying a yearly fee is unpalatable, Your household budget goes mostly to stocking your fridge, closets, and gas tank. You should get the American Express Blue Cash Everyday® Card.

Rewards Details:

• Intro APR & Plan It Fees –0% intro APR purchases for 15 months from account opening. Regular variable APR is 13.99%–23.99%.
• Annual fee: $0
• Welcome Bonus Offer – Spend $2,000 in the first six months of card membership to get a $200 statement credit.
• Redeeming Rewards –U.S. stores provide 3% return on up to $6,000 in purchases. Then, 2% cashback at U.S. gas stations and select department stores and 1% on other purchases.
  • You can receive cashback in Rewards Dollars’ form to quickly redeem for statement credits.
• Other Perks –Despite the annual charge, Blue Cash EveryDay’s brother, Blue Cash Preferred® Card from American Express, gives you greater cashback on groceries and other grocery items above $61 each week.

Pros

• None.
• Eligible purchases receive introductory APR.
• U.S. supermarkets, some department stores, and petrol stations earn over average.

Cons

• Rewards start at $25.
• The extra profits are limited to $6,000 in U.S. grocery spending every year.
• Outside bonus categories, you get 1% cashback.

See Charges and Fee of Blue Cash Everyday® Card from American Express

Choose the Best Gas and Grocery Credit Card to Save!

How to maximise petrol and grocery credit cards is the key question, right? It depends on what sort of shopper you are and how you fill up your tank. Then you can choose the ideal credit card.

Always carry that card when grocery shopping or filling up. Rewards and sign-up incentives can help pay for petrol and groceries.