Reply
Valued Contributor
boomhower
Posts: 1,863
Registered: ‎09-20-2011
0

Re: Chase Points/Cash on Groceries

Depending on how much you spend on groceries take a look at the Amex BCP.  6% there and the 3% back on gas would be very good for the 6-9 months of the year it's not a Freedom category.

Regular Contributor
fittiger
Posts: 220
Registered: ‎02-20-2013
0

Re: Chase Points/Cash on Groceries

I don't think I could justify the AF because I do most of my grocery shopping at Walmart and Target. I only do about 15% at a stand alone grocery store. So instead of the BCE, I think I'd rather the Penfed Platinum Rewards with 5x on Gas and 3x on Groceries.
Chase Sapphire Preferred $17,800; Discover IT $15,000; PenFed Plat Rewards Signature $14,000; AMEX BCE $11,800; AMEX SPG $8,100; Citi Simplicity $10,000; Chase United MileagePlus Explorer $5,000; Chase Ink Classic $3,000; GE Lumber Liquidators $7000; GE Care Credit $2000
Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

Re: Chase Points/Cash on Groceries

The Barclays Rewards MC gives 2 points per dollar on groceries. I just applied for it.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
Established Contributor
CribDuchess
Posts: 651
Registered: ‎09-12-2011
0

Re: Chase Points/Cash on Groceries

I chose the grocery category as my 2% category on my Cash+ card, and my local Walmart & Target Supercenters are both recognized as grocery for my purchases.  The nice part is that there is no cap on the 2% category rewards.  And until August 10th, I'm actually getting 2.75% cash back on grocery since I have a platinum checking pkg. and I also only redeem my rewards in $100 increments so that I get the $25 bonus.

 

My DH has a BofA Cash Rewards card and that also provides 2% cash back on grocery purchases (including Walmart & Target Superstores), but there is the cap of $1500 per quarter.

 

 

FICOs: TU08 841 6/3/14 per Wally; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 810 6/10/14; EX 805 6/12/14 per MyFICO

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex Costco TE $15K; Amex BCE $12K; BofA Visa $10.1K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom $13K; Citi Simplicity Visa $15.1K; Discover IT $24K; Fidelity Amex $15K; PenFed Plat Rewards Visa Sig $20K; Sallie Mae WMC $12.5K; US Bank Cash+ Visa Sig $24.5K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Chase Points/Cash on Groceries

We spend a lot on groceries, so the cap on the BCP was a problem. 

 

My plan was to use BCP for the first $6K each year, then switch to the Penfed Platinum Rewards at 3% for the rest (this is uncapped and can also be used abroad).  That will probably be my plan next year now, since I got the TYP which has 5x on groceries for 12 months.

 

I'm hoping another time-limited good offer comes before that expires!

 

There are other good offers out there depending on spend, e.g. Sallie Mae is 5% on the first $250 grocery spend per month, which can be fine for a single (or people who eat out a lot rather than buy groceries!).

 

But as the OP says, Chase aren't really in this field, except sometimes as a category in Freedom, which is limited to $75 per quarter.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}