AUSTIN, Texas—Buying groceries is bagging a lot of rewards.
Rewards cardholders are earning the most points and cash back on their grocery purchases, according to a new report from CreditCards.com.
More than one in three (35%) respondents credited supermarket purchases for earning the most cash back, followed by travel (27%) gas (23%) and dining (14%), stated MarketWatch in its analysis.
The surveyed respondents on average said they spent $6,477 a year at the supermarket, earning back $185 in rewards cash on average using a card offering 3% cash back on everyday purchases.