06-18-2013 01:35 PM
06-18-2013 01:37 PM
If you spend at least $200 a month, the American Blue Cash Preferred is your best bet. It gives 6% back on grocery stores. Do note that it has a $75 annual fee, but if you're spending enough a month, it won't be an issue.
06-18-2013 01:53 PM - edited 06-18-2013 01:56 PM
Amex Blue Cash Preferred 6% but has annual fee, or Amex Blue Cash Everyday 3% no annual fee, are good choices.
You might also try getting the Sallie Mae World Mastercard. 5% back on upto $250 grocery purchases per month. Assuming you are married, both of you might be able to obtain this card, thus doubling the groceries you could get 5% on, with no annual fee.
06-18-2013 01:58 PM - edited 06-19-2013 07:35 AM
Where do you buy groceries? Cards such as Amex BCE/BCP only give bonuses at independent grocery stores. Groceries purchased at warehouse clubs such as Sam's and Costco or discount stores such as Walmart and Target don't qualify for the extra cash back. I buy most of my groceries at Walmart. Their prices are typically lower than grocery stores even after accounting for the 3% I would get back from using my BCE.
Forgot to mention that if you have a Walmart Neigborhood Market in your area, Amex counts those as grocery stores.
06-18-2013 02:14 PM
06-18-2013 02:34 PM
06-18-2013 02:40 PM
That's interesting, didnt even think Walmart wouldn't count. I like Walmart for their prices, my wife however is not a fan of the local one and goes to a stand alone grocery store. Since she does 90% of the shopping, we should be ok. Seems like Amex is the best with the 6% back. I have an Amex biz card that we put the gas on so fuel rewards on this particular card isn't important. Thanks for the ideas so far!!!
The only issue is that they've started limiting 6% back to the first $6000 of groceries per year. If your grocery bills are much higher than that keep in mind the diminishing returns. There are a few other cards out there with groceries as a bonus category but all of them have a similar spending cap and offer less cash back than the BCP.
06-18-2013 04:29 PM - edited 06-18-2013 04:29 PM
06-18-2013 05:35 PM
BofA is 3% gas and 2% grocery
06-18-2013 06:31 PM
There was a TYP unlimited 5% CB on gorcerystore, died two months ago.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.