Using a credit card to put your money to work for you is one of the smartest financial planning strategies you can engage in.
And, one of the best ways to build credit while maximizing the benefits from your spending is to spend while using a credit card optimized with rewards.
Utilizing a low annual fee credit card with rewards for everyday spending like gas and groceries, which are often the biggest expenses for families and individuals each month, is a great way to earn cash back and other benefits.
Here are the best credit cards that offer rewards for gas and groceries to help you save money, live better, and earn while spending.
The Best Credit Card Rewards for Gas and Groceries
Best Credit Card for Gas Rewards
While the best credit card for gas depends on how often you refuel and the other types of benefits you are looking for, it’s wise to select a card that combines gas rewards with other benefits.
Look for rewards in spending categories such as travel, groceries and other things you might use the card for. Gas rewards cards typically offer you 1-3% cash back on gas purchases as well as sign-up bonuses and benefits that could include travel insurance, roadside assistance, and other automotive-related features.
For a well-rounded gas credit card with benefits across the board, we suggest taking a look at the Bank of America Cash Rewards Credit Card. With 0% APR for the first year, 3% cash back on gas station purchase, 2% on the first $2,500 grocery store purchases, and 1% on all other purchases, it’s hard to beat for everyday spending.
Even better – you can even get a 10% bonus on your cash back total if you select to have your rewards deposited into a Bank of America checking or savings account.
One of the easiest gas credit cards to get is from Credit One, and the great thing about it is that, unlike a branded credit card specifically issued from a station itself, there is no restriction as to where you can use it to fuel up.
For example, the Credit One Bank Unsecured Visa for Rebuilding Credit card is great for rebuilding credit while receiving 1% cash back on purchases, including gas. It also features $0 fraud liability and the ability to choose your own payment date, making it one of the best fuel credit card options out there.
Best Credit Card for Grocery Store Rewards
To maximize your rewards if you spend a lot of money on groceries, it is smart to apply for a credit card that offers your cash back benefits, points or other rewards for your money spent.
If you’re looking for the best cash back credit card for groceries, try the Chase Freedom card, which will offer you the chance to receive a 5% cash back on up to $1,500 in purchases found in rotating categories each quarter with 1% cash back on all other purchases.
With 0% APR for the first 15 months, a $0 annual cash back and $150 in cash if you spend $500 in the first three months, this card combines all of the benefits you could ever want if you’re looking to earn extra money from your grocery store rewards credit card.
Optimize Your Daily Spending
Before heading to the grocery store or gas station to restock and refuel, be sure you’ve got a good credit card in hand to optimize the spending you’re about to do.
However, you shouldn’t have to rely on credit card points and savings schemes in order to put your money to work for you. You deserve to be able to not only spend easily but also earn great rewards while doing so.
Why not try spending with an optimized debit card instead? Cheese Debit Card it is!
This zero-fee debit card is packed with benefits for you, including saving bonus and cash back on purchases.
Sounds great, doesn’t it? Click here to sign up your Cheese debit card.