Best Gas & Groceries Credit Cards for June 2020

Lyle is a writer specializing in credit cards, travel rewards programs, and banking. His work has also appeared on MSN Money, USA Today, and Yahoo! Finance.

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If you do a lot of driving, make most of your family's meals at home, or both of the above, a rewards credit card that earns more back on gas and groceries could be just what you need. You'll earn bonus rewards on two of your biggest expenses, which makes those bills much easier to stomach. To help you choose the perfect card, we've put together this list of all the best credit cards for gas and groceries.

High cash back
Rewards

6% cash back at U.S. supermarkets ($6,000 spending cap per year), 3% cash back at U.S. gas stations and on transit, 1% back on all else

Annual Fee

$95

Foreign Transaction Fee

2.7% of each transaction after conversion to US dollars.

Intro APR

Purchases: 0%, 12 months
Balance Transfers: 0%, 12 months

Ongoing APR

12.99%-23.99% Variable

Bonuses & Perks

$250 statement credit after spending $1,000 within three months, get free 2-day shipping on eligible items at a growing network of 100+ online stores with ShopRunner.

Highlights
  • Earn a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). 1% Cash Back on other purchases.
  • Don't wait for your Card in the mail. Start earning cash back before your card even arrives, if eligible for Instant Card Number.
  • Low intro APR: 0% for 12 months on purchases and balance transfers from the date of account opening, then a variable rate, currently 12.99% to 23.99%
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • $95 annual fee.
  • Terms Apply.
Limited time rewards
Chase Sapphire Preferred® Card

Apply Now

Apply Now

On Chase's Secure Website.

Apply Now

On Chase's Secure Website.

Rewards

3x points for groceries through June 30 2020, 2x points on travel and dining, 1x points on all other purchases. 25% more points for travel booked through Chase's portal.

Annual Fee

$95

Intro APR

Purchases: N/A
Balance Transfers: N/A

Ongoing APR

15.99% - 22.99% Variable

Bonuses & Perks

60,000 points after spending $4,000 within three months -- worth $750 of travel redeemed through Chase

Highlights
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
Limited time rewards
Chase Sapphire Reserve®

Apply Now

Apply Now

On Chase's Secure Website.

Apply Now

On Chase's Secure Website.

Rewards

5x points for groceries through June 30, 2020, 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point on all other purchases.

Annual Fee

$550

Intro APR

Purchases: N/A
Balance Transfers: N/A

Ongoing APR

16.99% - 23.99% Variable

Bonuses & Perks

50,000 points after spending $4,000 on purchases in the first 3 months. Worth $750 redeemed for travel through Chase, up to $100 application fee credit for Global Entry or TSA Pre✓®

Highlights
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
  • One Year Complimentary Lyft Pink ($199 minimum value). Complimentary DashPass subscription from DoorDash after activating by 12/31/21.
No annual fee
Discover it® Cash Back

Apply Now

Apply Now

On Discover's Secure Website.

Apply Now

On Discover's Secure Website.

Rewards

Earn 5% cash back in rotating quarterly categories you activate ($1,500 quarterly spending cap), 1% back on all else

Annual Fee

$0

Intro APR

Purchases: 0%, 14 months
Balance Transfers: 0%, 14 months

Ongoing APR

11.99% - 22.99% Variable

Bonuses & Perks

Double cash back in the first year -- that's worth up to 10% back, FICO score for free

Highlights
  • INTRO OFFER: Unlimited Cashback Match. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
  • Earn 5% cash back on everyday purchases at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • No annual fee.
Rewards

3% cash back at U.S. supermarkets ($6,000 spending cap per year), 2% cash back at U.S. gas stations and at select U.S. department stores, 1% back on all else

Annual Fee

$0

Foreign Transaction Fee

2.7% of each transaction after conversion to US dollars.

Intro APR

Purchases: 0%, 15 months
Balance Transfers: 0%, 15 months

Ongoing APR

12.99%-23.99% Variable

Bonuses & Perks

$150 statement credit after spending $1,000 within three months, get free 2-day shipping on eligible items at a growing network of 100+ online stores with ShopRunner.

Highlights
  • Earn a $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% Cash Back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 15 months on purchases and balance transfers from the date of account opening, then a variable rate, currently 12.99% to 23.99%.
  • Don't wait for your Card in the mail. Start earning cash back before your card even arrives, if eligible for Instant Card Number.
  • Cash back is received in the form of Reward Dollars that can be redeemed for statement credits.
  • No annual fee.
  • Terms Apply.
Rewards

2% cash back: 1% when you buy plus 1% as you pay

Annual Fee

$0

Intro APR

Purchases: N/A
Balance Transfers: 0%, 18 months

Ongoing APR

13.99% – 23.99% (Variable)

Bonuses & Perks

FICO score for free

Highlights
  • Earn cash back twice. Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
  • Balance Transfers do not earn cash back.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • The standard variable APR for Citi Flex Plan is 13.99% – 23.99% based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Citi® Double Cash Card – 18 month BT offer is temporarily unavailable on The Ascent. All information was collected independently from the issuer. Some items may be out of date.

Great for: Gas cash back and intro bonus Bank of America® Cash Rewards credit card

Why Apply

Includes a market-leading bonus in the no-annual fee category and a flexible cash rewards program that enables you to earn premium cash back in a category of your choice. Plus, the long 0% intro APR offer makes this card a standout among its peers. Read Full Review

Rewards

3% cash back on gas or in your choice category, 2% at grocery stores & wholesale clubs (up to $2,500 in combined bonus category quarterly purchases), 1% on all else.

Annual Fee

$0

Intro APR

Purchases: 0%, 15 billing cycles
Balance Transfers: 0%, 15 billing cycles on transfers made within first 60 days

Ongoing APR

13.99%-23.99%

Bonuses & Perks

$200 after spending $1,000 in the first 90 days, 25% to 75% more rewards for Preferred Rewards members

Highlights
  • No annual fee
  • $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • No expiration on rewards
  • If you're a Preferred Rewards member, you can earn 25% - 75% more cash back on every purchase
Rewards

5% back at Amazon and Whole Foods, 2% back at restaurants, gas, and drugstores, 1% back on all else

Annual Fee

$0

Intro APR

Purchases: N/A
Balance Transfers: N/A

Ongoing APR

14.24% to 22.24% variable

Bonuses & Perks

$70 Amazon gift card, $70 Amazon.com Gift Card instantly upon credit card approval

Highlights
  • Exclusively for customers with an eligible Prime membership
  • $70 Amazon.com Gift Card instantly upon credit card approval
  • 5% back at Amazon and Whole Foods
  • 2% back at gas stations, restaurants and drugstores
  • 1% back on all other purchases
  • No foreign transaction fees
The information related to Amazon Prime Rewards Visa Signature Card has been collected by The Ascent and has not been reviewed or provided by the issuer.
Rewards

4x points for dining worldwide and U.S. supermarkets purchases ($25,000 spending cap), 3x points for travel booked with airlines or amextravel.com, 1x on all else

Annual Fee

$250

Foreign Transaction Fee

None

Intro APR

Purchases: N/A
Balance Transfers: N/A

Ongoing APR

See Rates & Fees

Bonuses & Perks

35,000 points after spending $4,000 within three months, up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline

Highlights
  • Earn 35,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 3 months.
  • Earn 4X Membership Rewards® points when you dine at restaurants worldwide. Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X). Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
  • $100 Airline Fee Credit: up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline.
  • Choose to carry a balance with interest on eligible charges of $100 or more.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.
Rewards

5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate, 1% on all else

Annual Fee

$0

Intro APR

Purchases: 0%, 15 months
Balance Transfers: 0%, 15 months

Ongoing APR

16.49% - 25.24% Variable

Bonuses & Perks

$200 after spending $500 within three months, free credit score monitoring

Highlights
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠
The information related to Chase Freedom® has been collected by The Ascent and has not been reviewed or provided by the issuer.
Rewards

3X points for eating out and ordering in, gas stations, rideshares, transit, flights, hotels, and more, 1x points on all else

Annual Fee

$0

Intro APR

Purchases: 0%, 12 months
Balance Transfers: 0%, 12 months on qualifying balance transfers

Ongoing APR

13.99%-25.99% (Variable)

Bonuses & Perks

Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months, mobile phone protection

Highlights
  • Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months – that’s a $200 cash redemption value
  • $0 annual fee and no foreign currency conversion fee
  • Earn 3X points on eating out and ordering in
  • Earn 3X points on travel including flights, hotels, homestays and car rentals
  • Earn 3X points on gas stations, rideshares and transit
  • Earn 3X points on popular streaming services
  • Earn 1X points on other purchases
  • Select "Apply Now" to learn more about the product features, terms and conditions
Wells Fargo Propel American Express® card is temporarily unavailable on The Ascent. All information was collected independently from the issuer. Some items may be out of date.

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Before you pick a gas and grocery credit card, there are a few things to know. You'll need to understand how this type of credit card works. You'll need to know about potential spending caps on your bonus rewards. And of course, you'll need to figure out if this type of card is the right choice for you. In our gas and grocery card guide, we'll cover all of these subjects.

How do gas and grocery credit cards work?

Gas and grocery credit cards earn more back on purchases specifically in those two bonus categories. They usually earn 2% or more back on gas and groceries and 1% on all other spending. Some cards offer different rates for each bonus category -- for example, you may find a card that earns 2% on groceries and 3% on gas, or vice versa. And many of these cards also sweeten the deal by offering cards with a big sign-up bonus.

Rewards rates can vary quite a bit depending on the card you choose. Although 2% or 3% in bonus categories are the most common, there are cards that can earn up to 6% back. Keep in mind that the cards with the highest rewards rates also tend to have annual fees. With one of these cards, you would need to spend enough that the value of your rewards outweighs the cost of the annual fee.

There are also rotating-bonus-category credit cards. With this type of card, the bonus categories change every quarter. In one quarter, you may earn more back on gas, groceries, or both. The next quarter, the card's bonus categories would change.

Is there a spending cap on how much you can earn?

Most gas and grocery credit cards have spending caps that limit the amount of bonus rewards you can earn, either per quarter or per year. After you've reached the spending cap of a card's bonus category, you'll only earn 1% back on additional purchases until the next quarter or year starts.

A card may have one combined spending cap that applies to all its bonus categories or separate caps for each individual bonus category. Here's an example of how each work:

  • Combined: Earn 3% back on the first $2,500 you spend per quarter in gas and grocery spending. If you spend $2,000 on groceries and $500 on gas, all subsequent purchases in either category will earn 1% back until the next quarter.
  • Individual: Earn 3% back on the first $1,500 you spend on gas and 3% back on the first $1,500 you spend on groceries per quarter. If you spend $1,500 on groceries but only $500 on gas, you'd continue earning 3% back on your next $1,000 in gas spending.

If a credit card has spending caps, you'll find them listed in its features near the information about the bonus categories it has. Make sure you compare these spending caps to your usual spending to see whether they'll be a problem.

Let's say you spend $600 per month ($1,800 per quarter) on groceries, and a card you're looking at earns 3% back on your first $1,500 in grocery spending per quarter. That spending cap would cause you to only earn 1% back on the remaining $300 of your grocery expenses, so you may want to shop around among the best cash back credit cards to find one with a higher cap.

Is a gas or grocery credit card right for you?

A gas and grocery credit card is a smart choice if you have high monthly spending in one, or preferably both, of those categories. There's a simple way to figure this out. Are gas or groceries your biggest or second-biggest monthly expense (after housing)? If so, you'll benefit and be able to maximize credit card rewards with this type of card.

You may also find that a gas or grocery credit card fits your lifestyle well if any of the following are true:

  • You usually prepare meals at home, especially if you're feeding a family.
  • Your job involves driving. Examples include doing deliveries or operating a taxi, rideshare, or limo service.
  • You live far from your work and have a lengthy commute.

If neither gas nor groceries are big expenses for you, then you'd be better off with a card that has different bonus categories or a flat-rate card that earns the same rewards rate on every purchase. Of course, you only need to choose between bonus and flat-rate cards if you're sticking to a one-card wallet. Consumers who don't mind carrying more than one credit card can carry both and earn more back on all their spending.

FAQs

  • A gas or grocery credit card can earn you between 2% and 6% back in those bonus categories, which could save you hundreds of dollars per year. To calculate how much you could save from one of these cards, compare the card's rewards rate to your usual spending.

    Let's say you get a card that earns 3% back on the first $2,500 you spend on gas and groceries per quarter. If you max out those bonus categories by spending the full $2,500 per quarter, you'd earn $75 cash back per quarter and $300 per year.

  • The best way to maximize cash-back rewards is to carry multiple credit cards. By doing this, you can choose cards that complement each other by offering higher cash-back rates in multiple spending categories. You'll also have the opportunity to earn multiple sign-up bonuses.

    Instead of only carrying, for example, a gas and grocery credit card, you could also add a travel and dining card. That allows you to earn bonus cash back in four categories instead of two. Then, you get a card that earns an unlimited 1.5% back so that you earn that rate instead of 1% on all your non-bonus spending.

The Ascent's picks for the best gas and groceries credit cards:
Card Rating Great For
Blue Cash Preferred® Card from American Express Graphic of Blue Cash Preferred® Card from American Express
Rating image, 4.0 out of 5 stars.
4.0 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Gas & U.S. supermarkets

Chase Sapphire Preferred® Card Graphic of Chase Sapphire Preferred® Card
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Travel and groceries

Chase Sapphire Reserve® Graphic of Chase Sapphire Reserve®
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Travel and groceries

Discover it® Cash Back Graphic of Discover it® Cash Back
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Bonus cash back

Blue Cash Everyday® Card from American Express Graphic of Blue Cash Everyday® Card from American Express
Rating image, 4.0 out of 5 stars.
4.0 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Gas & U.S. supermarkets

Citi® Double Cash Card – 18 month BT offer Graphic of Citi® Double Cash Card – 18 month BT offer
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

2% back on all purchases

Bank of America® Cash Rewards credit card Graphic of Bank of America® Cash Rewards credit card
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Gas cash back and intro bonus

Amazon Prime Rewards Visa Signature Card Graphic of Amazon Prime Rewards Visa Signature Card
Rating image, 4.0 out of 5 stars.
4.0 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Whole Foods and Amazon Prime Shoppers

American Express® Gold Card Graphic of American Express® Gold Card
Rating image, 4.0 out of 5 stars.
4.0 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

U.S. supermarkets

Chase Freedom® Graphic of Chase Freedom®
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Bonus cash back program

Wells Fargo Propel American Express® card Graphic of Wells Fargo Propel American Express® card
Rating image, 4.5 out of 5 stars.
4.5 stars
ToolTip Icon for Star Rating. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor.
Great For:

Travel and groceries

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