Most cards don’t have great redemptions for grocery spend.
The Chase Sapphire Preferred is 1 point per dollar spent on groceries
The Chase Freedom Unlimited is 1.5 points per dollar spent on groceries.
These are two of our main daily use cards & that’s not a great point redemption.
Recently, we applied & were approved for a new card that we chose mainly because of its grocery benefits.
Which card is it?
The American Express Gold Card.
It gives you 4 points per dollar spent on groceries up to $25,000 total per year.
Wow!
With my Chase Freedom Unlimited card, I’d earn 37,500 points (1.5x) if I spent $25,000 on groceries in a year.
But with the AMEX Gold card, I’d earn 100,000 points (4x) on that same grocery spend! Whoa!
And those 100k points are worth about $2,000 in free travel.
That’s a nice extra vacation a year just by putting your grocery spend on a strategic card.
Now, if you’ve been following this blog for
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