Best Credit Cards for Gas AND Groceries – February 2023

If you want to optimize your credit card rewards on both Gas and Grocery Purchases, here are the best credit cards to get enhanced cash back or other rewards in BOTH categories:

Blue Cash Preferred® Card from American Express – Why (And When) It’s Best: 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets (then 1%), 3% cash back at U.S. gas stations, PLUS 3% cash back on transit purchases, 6% cash back on select U.S. streaming subscriptions, 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. If you’re spending between $300-$500 per month on groceries at U.S. supermarkets, this card is delivering all kinds of value, even before considering the enhanced gas, transit, and streaming rewards.

NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Annual fee: $0 intro annual fee for the first year, then $95. See Rates & Fees. Terms Apply. American Express is a ProudMoney advertiser.

 

Blue Cash Everyday® Card from American ExpressWhy (And When) It’s Best: Generous rewards on gas AND groceries, with no annual fee, not to mention a rare enhanced reward on online shopping purchases. EARN: 3% cash back on groceries at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 3% cash back on gas at U.S. gas stations on up to $6,000 per year in purchases (then 1%), 3% cash back on U.S. online retail purchases on up to $6,000 per year in purchases (then 1%), 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.

NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn a $200 statement credit after you spend $2000 in purchases on your new Card within the first 6 months. See Rates & Fees. Terms Apply. American Express is a ProudMoney advertiser.

 

Citi Premier® CardWhy It’s Good For Gas & Groceries: 3X/3% cash back at supermarkets AND gas stations but also 3% back on a ton of other purchases PLUS a huge bonus opportunity! Earn: 3X/3% cash back at gas stations PLUS 3X supermarkets PLUS 3X restaurants PLUS 3X air travel and hotels, and 1% on any other purchases.

NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn 60,000 bonus points after spending $4,000 in purchases within the first 3 months of account opening. Annual fee: $95.

Citi Custom Cash℠ CardWhy (And When) It’s Best: You get 5% cash back on purchases in the category where you spend the most each billing cycle, and you have the option to choose gas or groceries as that 5% cash back category!

EARN: 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter and on all other purchases. Note that if you spend the most on groceries or gas in a billing cycle and earn 5% in that category, the other category will earn 1%, so the strength of this card is getting the 5% where you spend the most. The complete 5% eligible category list: Grocery stores, gas stations, restaurants, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, live entertainment.

NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn $200 cash back after you spend $1500 on purchases in the first 6 months of account opening. No annual fee.

 

Costco Anywhere Visa® Card by CitiWhy It’s Good For Gas & Groceries: Costco members who use Costco’s very own credit card earn 4% cash back on eligible gas worldwide, including gas at Costco, and EV charging purchases for the first $7,000 per year (1% on gas purchases beyond $7000/year), PLUS 3% cash back on restaurant purchases worldwide, PLUS 3% cash back on eligible travel purchases worldwide, PLUS 2% cash back on groceries and all other purchases from Costco and Costco.com, and then 1% on any other purchases. If you’re already paying to be a Costco member, it’s a no-brainer to get the Costco credit card. (There’s no annual fee for the card itself, and it’s only available to Costco members.)

 

Marriott Bonvoy Boundless® Credit CardWhy It’s Good For Gas & Groceries: You earn 3X Marriott Bonvoy points for every $1 on the first $6,000 spent in combined purchases each year on grocery stores, gas stations, and dining (but there’s plenty more to this card). You’ll also earn up to 17X total points per dollar on Marriott stays (click through to see the card page to see how that breaks down) and 2X points for every $1 you spend on all other purchases (outside of Marriott/grocery/gas/dining). Automatic Silver Elite Status is also yours as a cardholder.

And don’t sleep on the great Bonus Opportunity For New Cardholders, because it’s pretty outrageously valuable — Earn 3 Free Night Awards (each night valued up to 50,000 points) after spending $3,000 on purchases in your first 3 months from account opening. That could cover your lodging for a short getaway right there! Annual fee of $95.


Author: Adam Jusko