- Centurion Member
- Posts: 996
- Joined: Sat Feb 21, 2015 3:35 pm
- Location: Claymont, DE
If you want grocery rewards, Amex BCP is hard to beat with 6% back. There's a $75 annual fee though, and a few caveats. Rewards take two months to appear, and can only be claimed in $25 increments, so you technically may never cash out all of them, meaning the reward effectively is a bit less than the 6%. Also, Amex is fairly stringent about "grocery stores". If you shop at "normal" grocery stores like Shop Rite, Acme, Albertsons, Giant, whatever, you will be fine, but Target/Walmart do NOT count, even supercenters. You may save more money shopping at Target/Walmart and not getting the special grocery rewards though. All depends.
For dining, unfortunately, there really are not any mind-blowing cards out there at the moment. If you want to travel regularly, the CSP can be a good choice with the 2x dining (considering the points can be worth more than 2x if redeemed with travel partners), but if we are just talking about taking the cash there's no reason to pay the annual fee for 2% on dining. Again, just depends on the goal here. Amex PRG also offers, I believe, 2x dining, with flexible points. Hefty annual fee though. For any card such as CSP you generally need to travel frequently for it to make sense over a cash back card. A once a year vacation or so may not justify it.
If you want cash back for dining, the options are very limited. There are a couple 3% dining cards like Chase AARP or Golden1 CU (only for California I believe).
So in conclusion if you want travel points, CSP is a good dining card. If you want cash, there aren't really any super worthwhile options out there at this time, IMO, depending which cards you already have.