Ever found yourself wondering which credit card could help you save big on two of the most essential spending categories - gas and food? Look no further! We've compiled a list of the best credit cards that offer fantastic rewards and savings opportunities on these daily expenses. Get ready to rev up your engines and satisfy those hunger pangs while saving some serious dough!
Best Credit Cards For Gas And Food Table of Contents
1. Chase Sapphire Preferred Card
2. American Express® Gold Card
1. Chase Sapphire Preferred Card
Key Benefits:
- 2X points on dining and travel
- 1 point per dollar spent on all other purchases
- 60,000 bonus points after spending $4,000 in the first 3 months
- No foreign transaction fees
Why we love it:
The Chase Sapphire Preferred Card is a popular option for millennial foodies and travelers. With 2X points on dining and travel, you can earn rewards quickly and redeem them for travel through Chase's Ultimate Rewards portal or transfer to their partnered airline and hotel programs.
2. American Express® Gold Card
Key Benefits:
- 4X Membership Rewards points at restaurants and U.S. supermarkets
- 3X points on flights booked directly with airlines or through amextravel.com
- 60,000 bonus points after spending $4,000 in the first 6 months
- $120 annual dining credit at participating restaurants
- No foreign transaction fees
Why we love it:
The American Express® Gold Card is perfect for food lovers who want to earn top-tier rewards on their dining and grocery purchases. With 4X points at restaurants and U.S. supermarkets, this card is a must-have for those who spend a significant amount on groceries and dining out.
3. Blue Cash Preferred® Card from American Express
Key Benefits:
- 6% cash back at U.S. supermarkets (up to $6,000 per year, then 1% back)
- 6% cash back on select U.S. streaming subscriptions
- 3% cash back at U.S. gas stations and on transit
- $300 statement credit after spending $3,000 in the first 6 months
- 0% intro APR on purchases for 12 months
Why we love it:
The Blue Cash Preferred® Card from American Express offers unbeatable cash back rates on groceries and gas, making it the perfect card for families or those with long commutes. The 6% cash back at U.S. supermarkets will have you saving big on your grocery bills, while the 3% cash back on gas ensures that even your daily commute contributes to your rewards.
4. Discover it® Cash Back
Key Benefits:
- 5% cash back in rotating categories (up to $1,500 per quarter, then 1% back)
- 1% cash back on all other purchases
- Cashback Match: Discover will match all cash back earned in the first year
- No annual fee
Why we love it:
The Discover it® Cash Back card offers fantastic rewards for those who don't mind keeping track of rotating categories. Categories often include gas stations and grocery stores, allowing you to rack up rewards on your most vital purchases. Plus, the Cashback Match program essentially doubles your rewards in the first year!
Best Credit Cards For Gas And Food Example:
Imagine you and your family spend $500 per month on groceries at U.S. supermarkets and $200 per month on gas. With the Blue Cash Preferred® Card from American Express, you would earn $30 cash back on your groceries (6% of $500) and $6 cash back on your gas (3% of $200).
This equates to a total of $36 cash back per month, or $432 annually. With a $95 annual fee, the net cash back reward is still an impressive $337. Plus, this doesn't even take into account the 0% intro APR on purchases for the first 12 months and the $300 welcome bonus!
No matter your spending habits, the right credit card can make all the difference when it comes to saving on gas and food. Don't miss the opportunity to make the most of your daily expenses and enjoy life's simple pleasures without breaking the bank! Dive deeper into our guides on Flik Eco to discover more tips and tricks for your personal finance journey. Share this article with your friends and see how much they could save too!
