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The ease and convenience of having all my essentials (and let’s be honest, some non-essentials too) delivered to my doorstep is something I value, especially since I’ve been spending a lot more time at home. That meant I’ve not only had to adjust my credit card spending strategy, but my grocery shopping strategy as well. Before the pandemic, I was very grateful that my office catered lunch nearly every day. Buying groceries usually meant some eggs, almond milk and fruit.
Nowadays, though, I’ve been trying to cook more and have been enjoying spending time in the kitchen every now and then. The only problem? Supermarkets are a solid 10 blocks from my New York City apartment. Walking that far with a grocery haul in tow is not really pleasant, and like many New Yorkers, I do not have a car. There are some smaller markets here and there in my neighborhood, but none that are practical for major grocery shopping.
Add that I’m very fortunate to be in a position where I can get groceries delivered. That means the Whole Foods delivery service wins the day for me.
Enter the Amazon Prime Rewards Visa Signature Card*. Amazon, which owns Whole Foods, is the main (virtual) destination for most of my online shopping, a habit I just am unable to quit. Partly it’s because of the convenience, especially during the pandemic, and partly because of that Amazon Prime credit card, which has become the one I use exclusively for groceries — at least as long as I’m working from home.
The card earns 5% back on both Whole Foods and Amazon.com purchases, and for someone like me who does the bulk of their shopping on Amazon and at Whole Foods, that adds up quickly. I can redeem those points for cash back, or for Amazon purchases. While I can also redeem them for travel via Chase, I haven’t taken any long-range trips during the pandemic, and I am using my other credit cards to earn points that I’ll use for travel in the future. I find that redeeming the points I earn from this card on Amazon purchases is a great way for me to save money on everyday purchases.
I can redeem those points for cash back, or for Amazon purchases. While I can also redeem them for travel via Chase, I haven’t taken any long-range trips during the pandemic, and I am using my other credit cards to earn points that I’ll use for travel in the future. I find that redeeming the points I earn from this card on Amazon purchases is a great way for me to save money on everyday purchases.
You’ll get a $150 statement credit to use at Amazon.com or on Whole Foods purchases after signing up for the card — a great way to save on Prime Day purchases.
Prime Day Strategy
Amazon recently announced its annual Prime Day will take place on June 21 and June 22. Having the Prime Rewards card in your wallet before then can help you save on the big event, too. Not only will you get a $150 gift card upon approval, but the 5% cash back you’ll earn can come in handy, too. As mentioned, you can redeem for either cash back or points on Amazon purchases — which means there’s a huge potential to put those points to good use during the Prime Day sales, as well.
While the Amazon Prime Visa Card is one of my favorites for groceries, it also paves the way for me to save on many Amazon purchases especially during the busy Prime Day season.
Pairing With Other Rewards Cards
Another top contender for grocery purchases is the American Express® Gold Card. With it, you’ll earn 4x Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year, then 1x) as well as at restaurants. While I do use the Amex Gold card very frequently, I find that using my Amazon Prime card helps me save money on groceries, while the Gold card — which has a $250 annual fee (See Rates & Fees) — helps me earn points that I’ll eventually use for travel. Between the two of them, I know I have a good balance and card strategy.
“We do most of our grocery shopping at Whole Foods, so getting 5% back saves us hundreds of dollars a year,” says Ben Mutzabaugh, a senior editor at The Points Guy (which is also owned by NextAdvisor’s parent company, Red Ventures.)
You must be an Amazon Prime member to get approved for this card. However, you’ll get a $150 statement credit immediately upon approval, no minimum spending required. This alone offsets the $119 Amazon Prime membership fee.
There’s no delivery fee on orders from Whole Foods over $35. If you’re not a Whole Foods shopper, you can take advantage of Amazon’s food delivery service, Amazon Fresh, which also earns 5% back with the card. Orders over $35 from Amazon Fresh (or $50, depending on your area) also have no delivery fees.
It’s easy to see how this card can help you save money on both Amazon as well as grocery purchases, all while helping you stay safe at home as we continue to weather the coronavirus pandemic.
“I already had a Prime membership for shopping and video, so there’s no extra that I have to pay for the card,” says Mutzabaugh. “So, for someone like me who does the bulk of their shopping at Whole Foods, I think getting this card was a no-brainer.”
*All information about the Amazon Prime Rewards Visa Signature Card has been collected independently by NextAdvisor and has not been reviewed by the issuer.
For rates and fees of the American Express Gold Card, click here