Here's how much money a grocery rewards credit card can save you
CBSN
Store-brand and bank-issued credit cards can offer consumers robust perks and savings on everything from gas to groceries to travel. But when it comes to groceries — a staple of every household's budget — when is a special credit card worth it, and how do you a pick the card that will save you the most money?
The basic premise of grocery rewards credit cards is that when you purchase food from a qualifying retailer, you earn extra points or cash back on that spending, which translates into meaningful savings over the course of a year.
A family that spends roughly $100 a week on groceries can earn more than $300 cash back in a year depending on where they shop and what kind of card they use, according to a new LendingTree report.
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