Credit cards with bonus points for supermarket and petrol purchases

Information verified correct on December 9th, 2016

Receive bonus points that you can redeem for supermarket and petrol purchases with credit card rewards programs

Credit cards are good for a lot of things. Besides giving us a convenient payment option, they also offer major benefits with rewards programs. You can now earn bonus points for supermarket and petrol purchases, as well as redeem points to save on your home shopping and petrol costs. Read our guide below on how these credit cards work, find out what features to look for when you're comparing your options, and apply for a credit card when you find the one that's best for you.

Supermarket credit cards

Rates last updated December 9th, 2016
Rewards Points per $ spent (AMEX) Rewards Points per $ spent (VISA/MC) Bonus Points Annual fee
American Express Platinum Edge Credit Card
Receive 10,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Enjoy a $200 travel credit every year and get 0% p.a. for 12 months on balance transfers.
1 0 10,000 bonus points $195 p.a. Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with flybuys points on your purchases.
0 0.5 $49 p.a. Go to site More info
David Jones American Express
The AMEX David Jones Credit Card gives you points for supermarket purchases. Earn 1.000 Points per $1 spent at all the major supermarkets.
1 30,000 bonus points $99 p.a. Go to site More info
David Jones American Express Platinum Card
Earn 40,000 Membership Rewards points when you spend outside of store 3 times in the first month and up to 3.00 reward points for every dollar you spend at supermarkets.
1 40,000 bonus points $295 p.a. Go to site More info

What are credit cards with bonus points for supermarket and petrol purchases?

These credit cards do exactly as they are described. These cards are standard rewards credit cards but have specific earning and redeeming guidelines for petrol and supermarket purchases. Points can be redeemed for purchases in petrol stations and supermarkets, allowing you to enjoy deals and discounts. You can also earn more points just for shopping at a particular supermarket and petrol station. Points are earned by the dollars you spend, giving you access to a wide range of benefits. The award choices are vast, but only redeemable based on the eligible spending guidelines.

How do these cards work?

When you apply for this type of credit card, you may be automatically enrolled in a rewards program or you may have to sign up to a separate program. You then get to earn bonus points for that particular supermarket or petrol station, which are then accumulated when you make purchases using the card. For instance, you could earn additional points for spending in your weekly grocery shop or when filling up at the tank, or you could stand to redeem bonus petrol and supermarket rewards. As the cards work in different ways, it's best to check the terms and conditions for the particular card you're using.

You might also want to read through the eligibility purchases fine print to identify the type of card purchases that could help you earn points. The bonus points earned are redeemable, and in the case of these cards, you can redeem them for your supermarket or petrol purchases. Different banks and credit card companies will have their distinct policies in awarding and redeeming points. Redemption also may be limited to certain stores and gas stations, so make sure to read the terms and conditions.

Types of cards that offer bonus points for supermarket and petrol purchases

  • Reward credit cards:
    A rewards credit card is a general term used to describe various types of credit cards that offer redeemable bonus points. They range from supermarket credit cards to travel cards, and many more.
  • Supermarket credit cards:
    Supermarket credit cards allow cardholders to shop and accrue bonus points at the same time. These points can be redeemed as store credit or to gain discounts and deals at various or selected supermarkets.
  • Petrol credit cards:
    With petrol cards, the points earned can only be redeemed in petrol stations. Petrol can be claimed with bonus points or petrol credit.
  • Direct and indirect earn cards:
    There are direct and indirect earn cards, with the indirect card being the most common. Direct earn cards are linked directly to a specific rewards program, whereas indirect earn cards are a general rewards card that you can then transfer the points to for other rewards programs. Both cards allow cardholders to earn and redeem their reward points to claim vouchers and discounts for products and services.

How to compare these cards

Simplify your comparison process by considering your unique financial situation in conjunction with some of the below card features:

  • Cost. This is one of the most important considerations when it comes to credit cards. To determine the cost, compare the annual fees, interest rates and any other costs pertaining to the use of the card.
  • Benefits and rewards. What are some of the benefits you stand to gain with the card you intend to acquire? Analyse the type of rewards offered by different providers and determine whether these benefits outweigh the cost of the card.
  • Restrictions. What are some of the restrictions that come with your credit card and its use? Is this card accepted everywhere, or will you have to pay an additional fee to use it? These are important points to look into.
  • Bonus point earnings. Compare how you are able to earn bonus points with your supermarket and petrol credit cards.

What are the benefits and limitations of this type of credit card?

Pros

  • Rewards. It’s the rewards that come with these credit cards that make all the difference. These rewards are the major draw, and the good news is that there are various types of rewards that are on offer. You can redeem your bonus points for store credit or use them to gain deals and discounts on supermarket and petrol purchases.
  • Ease of use. Credit cards with bonus points are easy to use. You can use them in supermarkets and for petrol purchases to earn bonus points. Bonus points are accumulated when you make a purchase using the credit card and bonus points are usually added to your account automatically.

Cons

  • Costs. There are various costs that come with credit card use. These include annual fees and interest rates, amongst other costs, which can add up considerably.
  • Restrictions. These cards also come with restrictions, particularly regarding stores where you can use the card to earn and redeem points. Make sure to read the terms and conditions to know exactly how you can and can't use your card.

Things to watch out for

Many of us simply use our credit cards to make purchases without fully utilising their perks. Well, the biggest mistake you can make is letting the benefits that come with these rewards programs go to waste. Use your credit card’s bonus points to get discounted prices and major savings when making petrol or supermarket purchases. Before applying for one of these cards you should also take into consideration the costs, and make sure they don’t offset the value of the rewards you’ll be able to redeem.

Remember to always check the fine print so you’re not disappointed when you find points haven’t been credited to your account.

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Frequently asked questions

What is the eligibility criteria for one of these credit cards?

The specific eligibility will depend on the provider, but generally, you will need to be over the age of 18, be a permanent Australian resident and have a good credit rating. You may also need to meet a minimum income requirement.

Do these credit cards come with annual fees?

This will differ depending on card issuer. You can check the annual fee on the individual finder.com.au review pages, which you can access by clicking on 'more info'. The annual fee is also listed in the comparison table on the page above.

How can I make the most use of my card?

By using it to make your purchases. The more you purchase, the more bonus points you acquire. Some credit cards also attract bonus points for shopping with certain partners, so make sure you know how you can maximise your points. However, don't spend on your card just for the sake of earning points. Always keep your ability to repay your balance in mind.

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