Credit Cards

The Six Best Credit Cards for Grocery Shopping in June!

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Rene’s Points For Better Travel, a division of Chatterbox Entertainment, Inc. has partnered with CardRatings for our coverage of credit card products. Rene’s Points For Better Travel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.


This summer — especially June — is an interesting time for grocery store bonuses on more than a dozen credit cards.

Let’s check out what we think are the best credit cards for grocery shopping this month!

1. Chase Sapphire Reserve

Why: Never did I think the Chase Sapphire Reserve would top of a list of credit cards for grocery store purchases!

Through June, a number of Chase credit cards earn bonus points at grocery stores. The Chase Sapphire Reserve earns a big 5X per dollar spent. Plus, points earned at grocery stores can be redeemed toward statement credit at 1.5 cents each through September. (Or, of course, travel purchased through the Chase site.) This effectively makes each grocery store dollar worth at least 7.5 cents back, depending on how you redeem your points.

The Chase Sapphire Reserve card.

 

But wait! There’s more!

Through the end of 2020, the Chase Sapphire Reserve‘s $300 travel credit extends toward grocery store and gas station purchases. Depending on how much (if any) of your credit remains, you can score up to $300 in groceries.

Smiling child holding a pineapple while grocery shopping
(©iStock.com/LightFieldStudios)

2. American Express Blue Cash Preferred Card

Why: Amex’s Blue Cash Preferred Card earns 6% cash back on grocery store purchases, up to $6,000 in annual spending. The cashback is awarded in the form of statement credits.

American Express Blue Cash Preferred Card

There’s also currently no APR on purchases or balance transfer for the first 12 months your account is open.

An American Express Gold Card pays for groceries at a Ralphs supermarket in Los Angeles, California. The payment machine also advertises flu shots.
I generally use my American Express Gold Card to make purchases at my local supermarket and other grocery stores,

3. Chase Freedom

The Chase Freedom card’s 5X quarterly bonus category currently rewards grocery store purchases through the end of June.

Chase Freedom Visa credit card

(Thanks for the reminder, John!)

4. American Express Gold Card

Why: You earn 4X per dollar spent at supermarkets when paying with your American Express Gold Card. (The 4X benefit is capped at $25,000 per year in spending at supermarkets).

The American Express Gold Card

You can transfer your points at a 1:1 ratio to a number of participating Membership Rewards travel partners — or use them to purchase points/miles earning travel through Amex’s travel site. This gets especially lucrative if you hold the Business Platinum Card from American Express: pool your points together and enjoy a 35% rebate on select airfares when you Pay with Points!

Young woman wearing disposable medical mask shopping in supermarket during coronavirus pneumonia outbreak. Protection and prevent measures while epidemic time.
(©iStock.com/SbytovaMN)

5. Chase Sapphire Preferred

Why: Like its grander (and more expensive) sibling, the Chase Sapphire Reserve card, the Chase Sapphire Preferred card enjoys elevated earnings (3X) at grocery stores during June.

These points can be redeemed toward statement credit through September at 1.25 cents each. (And, of course, travel purchased through the Chase.) So each grocery store dollar spent is worth at least 3.5 cents back.

Tie for 6: The Hilton Surpass and Hilton Aspire Cards

Why: Hilton Surpass and Aspire Consumer Cardmembers earn 12X Hilton Honors Bonus Points at U.S. supermarkets through July 2020.

Hilton Amex Surpass cardHilton Surpass Card

Hilton Honors Aspire American Express cardHilton Honors American Express Aspire Card

Hilton Honors points are worth — on average — about .5 cents each. So you get about 6 cents per dollar spent at supermarkets.

Earn 4X at US supermarkets with the Amex Gold Card.
(©iStock.com)

Why Are the Hilton Cards at the Bottom of the List?

So why do the Hilton cards end up so low if they earn approximately 6 cents back per buck?

We feel that cards with transferrable points (e.g. the Chase Sapphire Reserve, American Express Gold Card, etc) hold more value than co-branded cards. (e.g. the Hilton Surpass and Aspire cards). They’re more versatile in terms of redemption, have a better “shelf life,” and help you earn points if you use them to purchase air travel through their issuer’s travel site.

(Sorry, affiliate conspiracy theorists. This list’s order has nothing to do with affiliate earnings. I promise you. If that were the case, these rankings would be completely different.) 

Great Opportunities for Grocery Shopping in June!

There are several food-centric holidays this month, so earn points and take part!

If you celebrate Juneteenth, that’s on June 19 (of course). And if you celebrate Father’s Day, that’s on June 21 this year. And stock up on non-perishables for the Fourth of July (frozen treats, canned goods, alcohol…)

— Chris

Featured image: ©iStock.com/Antonio_Diaz

Rene’s Points For Better Travel, a division of Chatterbox Entertainment, Inc. has partnered with CardRatings for our coverage of credit card products. Rene’s Points For Better Travel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

12 Comments

  1. And most grocery stores sell gift cards as well so you’ve got that option as well.

  2. What about the Chase Freedom Card? Doesn’t that card give you 5x points per $1 spent until the end of June?

    • To paraphrase my toddler daughter, I must’ve had a brain toot. Thanks for the reminder. I updated the post.

  3. Amex Everyday Preferred gets you 4.5 membership rewards points normally when you have 30+ transactions during the month. Seems like a no brainer for this list.

  4. You’re missing a bunch. IHG, Marriott, etc. seems to all have rolled out increased earnings on grocery spend. Being best is what your goal is. Nice post though. Thanks.

    • Very true. But if IHG points are worth .5 cents each and their elevated earnings are 3X on grocery stores, 1.5 cents each isn’t anything special. The Marriott cards almost made the list. But again, I was more focused on the cards with transferrable currencies.

  5. Don’t forget the Chase Freedom…if you haven’t yet maxed out the credit there. It earns the same 5x as the Sapphire Reserve and, of course, the UR points can then be transferred to the Sapphire Reserve.

  6. Hi,
    Do you know which cards if any count Instacart and Amazon Prime count as grocery stores? And specifically Sapphire Preferred?
    thanks

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