Answer paragraph – Customers can use their American Express card to pay for their groceries at Kroger supermarket stores. Only one percent of grocery stores nationwide do not accept credit cards for payments. Different American express card types yield a variety of benefits when spent at grocery stores, and more information is in the article.
How does the American express card work with payments?
Typically, when using a credit card an interest rate is added each time a person sues the card, and they end up having to pay the accumulated interest. The interest rate charged is not fixed which can either cause one to go into massive debt or not. In addition to the customer paying interest each time the card is used, the store is charged an interest rate fee as well, of about 1.5 percent on the total price of goods bought.
American Express, however, does not work in this manner, people who use the cad are liable to pay back the amount spent at the end of each month. American express generates its income from charging stores where the card is used. Since the changes to the bank card have been made in 2021, reducing the interest rate charged to sellers, there has been a growing acceptance for more stores across the U.S. to allow for payments to be made with it, including Kroger stores.
What qualifies Kroger as a supermarket?
American Express offers rewards to its users that make payments at supermarket stores. Therefore, its definition of a supermarket store is a place that stores and sells a large variety of food, and products for the home. This does not include small stores like convenience stores or superstores and warehouse clubs’ and other small stores.
Kroger is Americans biggest supermarket franchise. A few of the stores it owns are as follows:
Dillon’sBakersCity MarketFood 4 LessFred MeyerGrebes
And others. Kroger has about 300 operational supermarkets across the country. Kroger’s annual profits from groceries are about 65 billion. Therefore, customers that use their American Express card at any of these chain stores can expect benefits from American express.
Which American express cards yield the best benefits?
In order, the following cards customers should use the following:
Blue Cash Preferred Card from American Express, for all-around benefits not just shopping at grocery stores or supermarkets. The rewards include:
3% money-back guarantee on purchases made at supermarket grocery stores. 2% money-back guarantee on paying for gas at stations in the U. S. Customers can expect no yearly fees. A $200 is deducted from their monthly statement if customers spent over $2000 on purchases in the first 6 months of getting the card. Customers can start earning additional rewards within a year of holding the card of about $547 and after using the card for about 5 years, they can expect to earn $1935. No balance transfer fees are applied.
Customers need to have a good credit score to qualify for the card.
American Express Gold Card, is the second-best card to give customers all-round benefits. A low foreign transaction fee.
Who should use a credit card to pay for groceries?
American citizens that qualify for credit cards, to begin with, have a good credit score meaning their income bracket should be able to cover $5000 worth of groceries a year. If you want to know if you can qualify for an American Express card, you can check on their website they allow for customers to perform a pre-qualify check. The steps are as follows:
Step 1
Open a browser and in the search bar type the following: “American express pre-qualify check”.
Step 2
You will be prompted to fill in your home address.
Step 2
You need to fill in the personal information section, this includes your social security number, annual income, and annual income after tax.
This information is used to verify that you are an American citizen, your home address, and any other information about you such as your credit history, credit score, and other necessary information to determine whether you qualify for any of the Express cards.
Step 3
You will see a button “View My Offers” below and you will be able to see which cards you qualify for or not.
In conclusion
Customers who qualify and possess an American Express card can use it at supermarket stores such as Kroger. They can expect many benefits, especially from American Express Blue Cash Card and American Express Gold. Many supermarket stores have accepted the use of American Express cards since 2021.
