Rating: 4 Stars
Bottom Line:
For Kroger Shoppers Who Buy Gas
TABLE OF CONTENTS
Card Details
| Regular APR: | 13.49 – 25.49% (Variable) |
| Intro APR (Purchases): | None |
| Intro APR (Balance transfers): | None |
| Rewards Rate: | 3 points per eligible net $1 on the Kroger Family of Companies Own Brand Products 2 points per eligible net $1 spend in the Kroger Family of Companies (excluding fuel centers) 1 point per eligible net $1 spent anywhere Mastercard is accepted |
| Credit Needed: | (670 – 850) Good/Excellent |
| Annual Fee: | None |
| Card Brand: | Mastercard |
*See online credit card application for details on the terms and conditions.
Offer Highlights
- Click APPLY NOW to apply online
- Every 1,000 points = $5 in FREE groceries
- 3 points per eligible net $1 on the Kroger Family of Companies Own Brand Products
- 2 points per eligible net $1 spend in the Kroger Family of Companies (excluding fuel centers)
- 1 point per eligible net $1 spent anywhere Mastercard is accepted
- An additional 25? off per gallon for one year each time you redeem at least 100 fuel points at participating Kroger Family of Companies Fuel Centers
- No annual fee
Is Kroger 1-2-3 REWARDS World Mastercard worth it?
Kroger 1-2-3 REWARDS World Mastercard is a solid card for people who shop at Kroger frequently. The bulk of Kroger stores are located mainly in the midwest and south.
Kroger 1-2-3 REWARDS World Mastercard earns 3 points per dollar on Kroger’s own products including Heritage Farm, “p$$t check this out”, Luvsome, Bakery Fresh Goodness, Fresh Foods Market, Fresh Selections by Kroger, Home Sense, Comforts for Baby, Simple Truth Organic, Simple Truth, Abound, Private Selection, HemisFares, Big K, Pet Pride, and Kroger. If you don’t regularly buy at least a few of those brands, this card may be less valuable for you.
Cardholders also get 2 points per dollar at the Kroger Family of Companies (excluding fuel centers), which includes Kroger Marketplace, Fred Meyer, Ralphs, King Soopers, Dillons, Smith’s Food & Drug Stores, Smith?s Marketplace, Fry’s Food and Drug Store, Fry’s Marketplace, QFC – Quality Food Centers, City Market, Baker’s, Owen’s, JayC Food Stores, Gerbes, Pay Less Super Markets, Food4Less (So CA, NV, IN and IL stores only), Foods Co, Fred Meyer Jewelers, Littman Jewelers, Barclay Jewelers, and Kroger.
Cardholders also get an additional 25 cents off per gallon for one year each time you redeem at least 100 fuel points at participating Kroger Family of Companies Fuel Centers. To earn fuel points, you buy groceries with your Kroger 1-2-3 REWARDS World Mastercard and earn 1 point per dollar. If you bought $100 of groceries, you would earn the 25 cent discount for one year. Note fuel points do not count towards rewards points, and you would not receive another 25 cents off that already discounted price for redeeming more fuel points.
The Kroger points rewards are issued as Rewards Certificates that can be redeemed at the Kroger Family of Companies, not including Kroger fuel centers. The points are worth one half cent per dollar. Note that the average credit card point is worth one cent per dollar. Rewards Certificates can not be used to purchase alcohol, cigarettes, tobacco or prescription products.
The rewards rate is only 3 points per $1 x one half cent per point = 1.5%, and strictly from a financial perspective you would be better off with a flat-rate cash back card that gives you unlimited cash back on all purchases.
For example, Citi Double Cash gives you 2% cash back on anything, not just Kroger products: 1% when you buy, plus 1% as you pay the balance. If you don’t spend that much at Kroger, you can do even better on groceries and gas specifically with Bank of America Cash Rewards, which gets you 3% cash back on gas and 2% cash back at grocery stores and wholesale clubs up to $2,500 in combined purchases each quarter, followed by 1% cash back on everything else.
If the 25 cent gas benefit is important to you, and if you shop at Kroger or its other companies often and want a store-specific Kroger card, Kroger 1-2-3 REWARDS World Mastercard is a solid card for you.
Pros
- 3 points per eligible net $1 on the Kroger Family of Companies Own Brand Products
- An additional 25 off per gallon for one year each time you redeem at least 100 fuel points at participating Kroger Family of Companies Fuel Centers
Cons
- Points are worth one half cent
Why 4 Stars?
Regular APR
4 Stars
Intro APR
4 Stars
Fees
4 Stars
Perks
5 Stars
Overall
4 Stars
Fees
| Foreign Transaction Fee | None |
| Balance Transfer Fee | Either 4% of the amount of each transfer or $10 minimum, whichever is greater |
| Cash Advance Fee | Either 4% of the amount of each advance or $10 minimum, whichever is greater |
| Penalty APR | None |
Benefits
| $0 Fraud Liability |
| Auto Rental Collision Damage Waiver |
| Baggage Delay Insurance |
| Concierge Service |
| Emergency Card Replacement and Cash Advance |
| Extended Warranty Program |
| Identity Fraud Expense Reimbursement |
| Identity Theft Resolution Services |
| Purchase Protection |
| Price Protection |
| Roadside Assistance |
| Travel Accident Insurance |
| Trip Cancellation/Interruption Insurance |
| Travel Assistance |
Editorial Note: This content is not provided by the issuer. Any opinion, analyses, reviews, or recommendations expressed on this page are those of the author?s alone, and may not have been reviewed, approved or otherwise endorsed by the issuer.
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