Published on June 17th, 2014 | by William Charles9
Best Credit Card For Drugstore Purchases
According to the Bureau of Labor & Statistics the average American spends $502 on drugs annually (we’re assuming this only includes the legal kind that can be bought at drugstores). Individuals will spend vastly differing amounts depending on their health and what insurance they have available.
Below we’ve listed the best cards for drugstore purchases, along with any limitations these cards might have.
- 1 Personal Cards
- 1.1 Huntington Voice, 3% Cash Back, No Annual Fee, $2,000 Per Quarter Limit
- 1.2 Bank of America Cash Rewards 3%-5.25% Cash Back, First $2,500 Per Quarter, No Annual Fee
- 1.3 VantageWest Credit Union Connect Rewards Credit Card – 5x, No Annual Fee ($15 Joining Fee), $1,500 Limit Per Quarter
- 1.4 Old AmEx Blue Cash 5% Cash Back, After $6,500 In Purchases, No Annual Fee
- 2 Honorable Mentions
- 3 Cards That Didn’t Make The Cut
Huntington Voice, 3% Cash Back, No Annual Fee, $2,000 Per Quarter Limit
The Huntington voice card allows you to pick one 3% cash back category, one of the options is drugstores. There is a limit of $2,000 per quarter.
Bank of America Cash Rewards 3%-5.25% Cash Back, First $2,500 Per Quarter, No Annual Fee
The Bank of America cash rewards card lets you select one category to earn 3% cash back in on the first $2,500 in spend per quarter. This deal becomes better with Bank of America Preferred Rewards program. This lets you earn another 25-75% back, meaning this card can earn up to 5.25% cash back on this category.
VantageWest Credit Union Connect Rewards Credit Card – 5x, No Annual Fee ($15 Joining Fee), $1,500 Limit Per Quarter
Card lets you choose one category to earn 5x points in. Unfortunately there is a limit of $1,500 per quarter.
Old AmEx Blue Cash 5% Cash Back, After $6,500 In Purchases, No Annual Fee
This card earns at a pathetic 1% rate on all gas, grocery & drug store purchases until you make $6,500 in purchases and then these categories earn at 5%. It also earns 0.5% on all other purchases until the $6,500 is reached and then at 1% on all purchases. It also does not come with an annual fee.
This is most likely going to be the best option for those spending well above $6,500 on these purchases within a year.
Citi Dividend, 5% Cash Back, No Annual Fee, $6,000 Annual Limit
The Citi Dividend has rotating 5% categories that change every quarter. In the first quarter of 2014 the Citi Dividend offered 5% cash back on all drugstore purchases. Unlike the Chase Freedom & Discover it cards this card has an annual limit of $6,000 rather than a quarterly limit of $1,500.
Wells Fargo Cash Back Card, 5% Cash Back, First Six Months Only, No Annual Fee
The Wells Fargo cash back card earns at an impressive 5% on all grocery, gas & drugstore purchases. Unfortunately it only earns at this rate for six months. After this period it earns at a flat 1% on all purchases.
Citizen’s Bank Cashback Platinum Card, 5% Cash Back, First Three Months Only, No Annual Fee
This is similar to the Wells Fargo card listed above, except it only earns at the increased rate for the first three months. The upside is that it also earns 10% on all restaurant & catering purchases.
Cards That Didn’t Make The Cut
We didn’t include any cards that earned at a rate of 3% cash back (or equivalent in miles/points) or less in our main list. We’ve listed other cards that earn at an increased rate on drug store purchases below.
- Barclay Arrival Plus: 2.2% when redeeming against travel expenses (1% for all other expenses), annual fee of $89 waived first year
- American Express Fidelity: 2% cash back, no annual fee
- AAA member rewards: 2% cash back, no annual fee
- US Bank Cash+: 2% cash back, no annual fee
- Chase Amazon.com Rewards: 2% cash back, no annual fee
- Citi Hilton HHonors: 3 points per $1 spent, no annual fee
- AmEx Hilton HHonors Surpass: 3 points per $1 spent, $75 annual fee
As with all of our “best credit card” series, this is an affiliate link free zone. If we missed any cards that earn at a high rate on drug stores, please let us know in the comments and we will add them.
We’ve compiled a similar list of the best credit cards for different purchases. Please click on one of the links below to view that information:
- Department stores
- Everyday purchases
- Gas stations
- Grocery store
- Office supply stores
- Cards that earn 5% or more cash back