Frequent Miler on the Air
The most rewarding card for groceries & dining | Coffee Break Ep20 | 7-30-24
Jul 30, 2024
Everyone enjoys eating out and shopping for groceries, so why not earn rewards while doing it? Discover the Amex Gold Card's impressive 4 points per dollar for groceries and dining. Learn how the Citi Strata Premier offers 3 points for each purchase in these categories. The Capital One SavorOne impresses with 3% cash back, and the Altitude Reserve shines with its mobile wallet benefits. The discussion includes tips on maximizing rewards based on your spending habits, making sure you make the most of your culinary and grocery expenses!
19:08
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Quick takeaways
- The Amex Gold Card stands out for earning 4 points per dollar on grocery and restaurant spending, but has limitations and a high annual fee.
- The Capital One SavorOne card offers appealing 3% cashback on dining and groceries with no annual fee, providing practicality for cash back users.
Deep dives
Top Card for Grocery and Dining Rewards
The Amex Gold Card is recognized for earning four points per dollar spent at U.S. grocery stores and restaurants, making it a strong contender for maximizing rewards on everyday purchases. While the card has an attractive point-earning rate, it comes with limitations, such as a cap of $25,000 spend annually on grocery categories and limited acceptance worldwide. Additionally, the card has a relatively high annual fee that can be offset by various rebates throughout the year, although managing these rebates may be cumbersome. Despite its drawbacks, the card’s ability to earn transferable membership rewards can provide significant value if used correctly.
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