Best Credit Card for Groceries and Dining

Do you love food? Of course you do. Who doesn't love food? 

Food is not only essential for our survival but also for our happiness. You can't disagree with us if we say food is life. 

But food can also be expensive, especially if you like to shop for groceries at premium supermarkets or dine out at fancy restaurants. Food can take a big bite out of your budget if you’re not careful. And, then, food can be stressful. 

That’s why you need a credit card that can help you save money on your food expenses. A credit card that can reward you for buying groceries and dining out. A credit card that can make food more affordable and enjoyable for you. A credit card that can make food more fun. 

But which credit card should you choose? There are so many options out there, each with different features, benefits, fees, and rewards. How do you find the best credit card for groceries and dining?
Don't worry; we've got you covered. We've researched for you and compiled a list of the best credit cards for groceries and dining in 2023. These credit cards offer the most value back on your food expenses in terms of cash back, points, discounts, memberships, etc.

Let's explore them.

Best Credit Cards for Groceries and Dining

1. Axis Bank Magnus Credit Card

Axis Bank Magnus Credit Card is the epitome of luxury and convenience in the world of credit cards. Designed to elevate your lifestyle, this premium credit card offers an array of exclusive privileges and benefits. Among its remarkable features, the Axis Bank Magnus Credit Card stands out for its exceptional dining benefits. One of the highlights of this card is the dining benefits, which let you enjoy up to 40% discount at over 4,000 restaurants across India. With the Axis Bank Magnus credit card, you can indulge in the finer things in life and make every moment count.

Features

Welcome Bonus	Choose any one voucher worth ₹12,500 from the below options: Luxe gift card /The Postcard Hotels gift voucher, or Yatra gift voucher.
Lounge Access	Annually enjoy unlimited visits to select domestic airport lounges. Get unlimited complimentary international lounge visits and 8 additional guest visits per year with the priority pass card.
Dining Benefits	Get up to 40% discount at over 4,000 restaurants across India.
Fuel Surcharge Waiver	Get a 1% fuel surcharge waiver at all fuel stations across India on transactions between ₹400 and ₹4000.
Entertainment Benefits	If you purchase one movie or event ticket on BookMyShow, you can receive up to ₹500 off of your next purchase (up to five tickets each month).
Insurance Benefits	Purchase protection: ₹2 lakh Credit Shield: ₹5 lakh Insurance against Lost/Delayed Baggage & Personal Documents: 500 USD Lost card liability covers up to the credit limit
Reward Benefits	Earn 12 Axis EDGE Reward Points on spends of every ₹200 up to ₹1.5 lakh. 35 EDGE Reward points per ₹200 on incremental spends above ₹1.50 lakh. 5X EDGE Rewards on travel spends via Travel Edge. 2 partner miles for every 5 EDGE Reward points across 19 travel partners. Reward Rate: 1.25% to 6%

Fees and Charges

Joining Fees	₹12,500
Annual Fees	₹12,500
Annual Percentage Rate	42.58%
Foreign Transaction Fees	2.00%

Eligibility

Applicant's age should be between 21 and 70 years, and their annual income should be at least ₹18 lakh.

2. HDFC Bank Diners Club Black Credit Card

HDFC Bank Diners Club Black Credit Card is one of India's best super-premium credit cards that offers you a range of benefits across travel, lifestyle, entertainment, and shopping categories. This card is designed to suit your global needs and preferences, with exclusive features and privileges. One of the highlights of this card is the rewards program, which gives you 5 reward points for every ₹150 spent on retail, insurance, education, utilities and rent. 

Features

Welcome Bonus	Receive a complimentary yearly subscription to Forbes, Club Marriott, Times Prime, MMT Black, Amazon Prime, and Swiggy One (3 Months) on spending ₹1,50,000 or more during the first 90 days of card issuance.
Lounge Benefits	Get unlimited airport lounge access to 1000+ lounges in India and worldwide for primary and add-on card members.
Dining Benefits	Earn 2X reward points on weekend dining. Get up to 25 % discount on all your restaurant bill payments via Swiggy Dineout. Get a complimentary 3-month Swiggy One and Club Marriott membership for a whole year.  These memberships are renewed if the cardholder makes purchases totalling more than ₹8 lakh during the card's anniversary year.
Insurance Benefits	Air accident insurance: ₹2 crore Emergency overseas hospitalisation: ₹50 lakh Travel Insurance: ₹55,000                                                       Credit Liability Cover: ₹9 lakh
Fuel Surcharge Waiver	Get a 1% fuel surcharge waiver at all fuel stations across India on a minimum transaction of ₹400. ( Max benefit is capped at ₹1000 per statement cycle.)
Reward Benefits	Earn 5 reward points for every ₹150 spent on retail. Upto 10X reward points on spends via SmartBuy.

Fees and Charges

Joining Fees	₹10,000
Annual Fees	₹10,000
Annual Percentage Rate	23.88%
Foreign Transaction Fees	1.99%

Eligibility

• Applicant’s age should be between 21 and 70 years.
• The monthly income of the salaried applicants should be at least ₹1.75 lakh.
• The ITR of the self-employed should be at least ₹21 lakh.

3. American Express Membership Rewards Credit Card

American Express Membership Rewards Credit Card is a credit card that offers you a range of benefits across shopping, dining, travel and more. This card is designed to reward you for every purchase you make, with exclusive features and privileges. One of the highlights of this card is the welcome gift of 4,000 bonus membership rewards points, which you can redeem for gift vouchers from top brands like Amazon, Flipkart, etc.

Features

Welcome Bonus	Get 4,000 bonus membership reward points on settling the joining fee and spending ₹15,000 within the first 90 days of the card issuance.
Dining Benefits	Get up to 20% on dining at partner restaurants.
Reward Benefits	Earn 1,000 bonus membership rewards points for simply using your card 4 times on transactions of ₹1,500 or above in a calendar month. Earn an additional 1,000 membership rewards points by spending ₹20,000 or more in a calendar month.  Earn 5,000 membership rewards points upon first-year card renewal.
Fuel Benefits	0% convenience fee on fuel purchases at HPCL for transactions less than ₹5,000 A 1% convenience fee on fuel purchases per transaction is applicable for all transactions of ₹5,000 and above.

Fees and Charges

Joining Fees	₹1,000
Annual Fees	₹4,500
Annual Percentage Rate	42.00%
Foreign Transaction Fees	3.50%

Eligibility

• The applicant's age should be at least 21 years.
• The monthly income of the salaried applicants should be at least ₹50,000.
• The ITR of the self-employed should be at least ₹6 lakh.

4. ICICI Bank Coral Credit Card

 

If you are looking for a credit card that offers excellent rewards and benefits on dining, consider the ICICI Bank Coral Credit Card. This card gives you up to 20% savings on your dining bills at over 2,500 restaurants across India, thanks to the Culinary Treats program. You also get complimentary access to select airport lounges, a fuel surcharge waiver, PAYBACK points on every spend, and much more. With the ICICI Bank Coral Credit Card, you can enjoy a delicious dining experience whenever you swipe your card.

Features

Dining Benefit	Get a 20% discount (up to ₹750) on a minimum bill value of ₹3,000 at EazyDiner.
Lounge Benefits	Get 1 complimentary access per quarter to select domestic airport lounges by spending a minimum of ₹5,000 or above in the previous calendar quarter.
Entertainment Benefits	Get a 25% discount up to ₹100 on purchasing a minimum of 2 movie tickets per transaction on BookMyShow and Inox. *Offer can be availed twice a month.
Fuel Surcharge Waiver	Get a 1% waiver on fuel surcharge. Offer valid on a maximum expenditure of ₹4,000 per transaction at all HPCL pumps.
Insurance  Benefits	Air accident insurance: ₹3 crores

Fees and Charges

Joining Fees	₹500
Annual Fees	₹500
Annual Percentage Rate	40.80%
Foreign Transaction Fees	3.50%

Eligibility

The applicant should be at least 18 years old and have a stable monthly income.

Conclusion

Food is one of the joys of life, but it can also burden your wallet. That's why you need a credit card that can help you save money and earn rewards for your food expenses. Whether you shop for groceries at premium supermarkets or dine out at fancy restaurants, you can find a credit card that suits your needs and preferences. 

We've listed some of the best credit cards for groceries and dining in 2023 based on their features, benefits, fees, and rewards. You can compare and apply for these cards on Select by Finology, where you can also find more options and offers. You can always make food more fun and affordable with the right credit card. Bon appetit!