Who doesn’t want the chance to save as much money as possible on your grocery and gas bill? If you’re not inclined to clip coupons or track gas station specific-rewards, your next best option could be a rewards credit card.
One of the best credit cards for grocery and gas is the Blue Cash Everyday® Card from American Express. Here, we’ll break down why you should give this card serious consideration for savings on your grocery and gas spending.
What does the Blue Cash Everyday Card offer?
- Rewards rate: 3 percent cash back at U.S. supermarkets (up to $6,000 per year, then 1 percent); 2 percent cash back at U.S. gas stations and select U.S. department stores; 1 percent cash back on all other purchases
- Welcome offer: $200 statement credit after you spend $2,000 in purchases on your new card within the first six months
- Annual fee: $0
- Purchase intro APR: 0 percent for 15 months (see rates and fees)
- Regular APR: 13.99 percent to 23.99 percent variable
This card not only offers a generous welcome bonus of $200 after you spend $2,000 in purchases within the first six months of opening it, but there’s also no annual fee. The rewards structure allows you to earn cash back on categories where many families spend the most: groceries and gas. Then, you still get 1 percent back on all of your other purchases.
Additional benefits and perks
This card is pretty light on benefits since there’s no annual fee and would be considered more of a beginner’s rewards card. The card offers basic purchase protection, which reimburses you for up to $1,000 per eligible incident (up to $50,000 per card) for repairs or replacement. Also, you can get car rental loss and damage insurance when you put your rental on this card. You must decline the rental agency’s coverage, and your eligible rental vehicle receives secondary insurance in the event of damage or theft.
For added payment flexibility, the Blue Cash Everyday card also features a 0 percent introductory APR period for 15 months and access to the Plan It feature. Plan It allows you to pay off qualifying large purchases over time for a fixed monthly fee.
Blue Cash Everyday spending example
If you like to know how much cash back you stand to earn with this card, it might help to walk through a hypothetical spending example. Suppose you’re spending the following each year on your Blue Cash Everyday card:
- Groceries: $11,400
- Gas: $3,600
- Department stores: $1,800
- Miscellaneous: $4,800
In this example, you’…….