Choosing the right credit card definitely isn’t as easy as it sounds. It is very important to understand your consumer profile before selecting the right credit card, which suits your needs. Do you love travelling across the world? Are you a foodie, or a shopaholic? Do you have a big family, and want to save money while shopping for home utilities, groceries, and such like?
Why Grocery Credit Cards?
For most of us, tasks like grocery shopping, car refueling and buying home utilities are a basic necessity and we perform them quite regularly – maybe even multiple times a week. Now, wouldn't it be awesome if we could be rewarded or enjoy a rebate, every time we used a credit card to pay for these essentials? Well, your prayers haven’t gone unheard!
Certain credit cards come with a high cash-back rate on grocery shopping, mostly in departmental stores. It doesn’t end there, many other credit cards offer rewards, bonus points and rebates when used to buy groceries at supermarkets. The rewards or points earned can be used in various forms – at a hotel, airline, loyalty program or at the same grocery store to gather more points and earn a discount later, while rebates can be availed instantly.
In order to maximize the rebates and benefits earned, make sure you use your grocery credit card to shop at departmental stores/supermarket chains which are part of the merchant network of your credit card issuer. As in, shop only at the selected stores which are eligible to earn you rewards/rebates as per the rules of the bank providing the credit card. Well, who said grocery shopping is drab? On the contrary, with the right credit card, grocery shopping can be a lot of fun!