Colony Wiki: Grocery Rewards Cards Not As Rewarding As You Might Hope

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The Real scoop on Grocery Rewards Cards

Supermaket tricks to get you to spend more
  • Small free samples
  • Most expensive cereals at eye level
Credit card copanies now getting in the act. But the rewards are less than they used to be. And grocery stores are very limited.

Facts:

  • Overall food price rise in 2007: 5.3%
  • Prices for milk, bread, eggs: Over 10% increase
  • Card rebates have fallen to 3% from 5%
Kroger 1-2-3 Rewards
  • 3 points per dollar on kroger items
  • 2 points for other items in related stores
  • 1 point for other spending
  • earn 1000 points to get $5 store certificate - If everything on your list comes frmo Kroger, this is just 1.5% cash back,.
Stores the often don't count:
  • Convenience stores
  • Warehouse clubs
  • Drugstores
  • Superstores
  • Specialty stores
  • Examples: 7-Elven, BJ's Costco, Rite Aid, Sam's Club, Wal-Mart, Walgreens, Whole Foods, Trader Joes, [WaWa]Create?, Super KMart, Target
And the cards often have high interest rates.

Sources:

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