Kroger REWARDS World Mastercard Review

Full Review of Kroger REWARDS World Mastercard

Pros Explained

• Discount on Gas: The Kroger REWARDS World Mastercard can get you a break on gasoline. Every 100 points you earn with the card can be redeemed for 25 cents off per gallon at Kroger fuel centers during your first year as a cardholder. 
• Redeem Points for Groceries: For every 1,000 points you earn, you receive a $5 rewards certificate that can be applied to grocery purchases at Kroger or Kroger Family of Companies stores, listed below. 
• No Annual Fee: Unlike some other cards, the Kroger REWARDS World Mastercard doesn’t have an annual fee to worry about.

Cons Explained 

• Limited Redemption Options: This card doesn't have the typical rewards redemption structure, where you can redeem points for things like statement credit, cash back, or gift cards. Instead, every 1,000 points you earn is redeemable for a $5 rewards certificate you can use at Kroger or Kroger Family of Companies stores. That's a downside if you're looking for more flexibility in using your rewards. 
• Points Value Isn't Great: Each point you earn with this card is valued at 0.5 cents, which is below what you could find elsewhere. There are other cash back or rewards cards that offer at least twice that. 
• Rewards Expire: This card may not be a great fit if you don't always stay on top of redemptions. Points earned expire after 36 months, so there's a chance you could lose them if you don't put them to work to save money on grocery purchases. And if you do redeem points for a rewards certificate, you have 12 months to use it before it expires. 

The Kroger REWARDS World Mastercard is designed for grocery shoppers who frequent Kroger supermarkets and other stores within the Kroger Family of Companies. Those include: 

• Baker’s
• City Market
• Dillons
• Food 4 Less
• Foods Co
• Fred Meyer
• Fry’s
• Gerbes 
• Harris Teeter
• King Soopers
• Jay C Food Store
• Kroger
• Owens Market
• Pay-Less Super Markets
• QFC
• Ralphs
• Smith’s Food and Drug

This card could be good for someone who wants to capitalize on the introductory offer for discounted gas. 

Kroger REWARDS World Mastercard Bonus

From time to time, this card features a promotional bonus offer for new cardmembers. The current offer is a discount on gas when you redeem points at Kroger fuel centers. The discount is worth 25 cents off per gallon and the promotion is good for your first year as a cardholder. Once that first year is up, you'll receive a discount of 5 cents off per gallon when you redeem points and pay with your Kroger REWARDS World Mastercard. 

Note that you do not earn rewards points on gas purchases when taking advantage of the discount. 

Rewards Earning Details

There are three rewards earning tiers associated with this card.

First, you can earn 3 points per dollar on purchases of Kroger Family of Companies brand products. Those brands include: 

• Abound
• Bakery Fresh Goodness
• Bloom Haus
• Comforts
• Dip
• Everyday Living
• HD Designs
• HemisFares
• Home Chef
• Luvsome
• Murray's Cheese
• OfficeWorks
• Pet Pride
• Private Selection
• Simple Truth

Next, you'll earn 2 points per dollar on other purchases made at Kroger stores and Kroger Family of Companies stores, except at Kroger fuel centers. 

Finally, you'll earn 1 point per dollar on all other purchases anywhere Mastercard is accepted. That means you could use the card to charge purchases at other grocery stores or for online shopping, travel, or just about anything. 

All the points you earn at each tier are unlimited, so the more you spend, the more you earn. 

Rewards Redemption Details

The Kroger REWARDS World Mastercard gives you just one way to redeem points. Every 1,000 points you earn is automatically converted to a $5 1-2-3 REWARDS certificate. 

These certificates are issued four times a year and mailed out in February, May, August, and November. If you have any remaining points earned that quarter, those will roll over into the next cycle. 

Rewards certificates can be redeemed at Kroger or Kroger Family of Companies stores. They have no cash value and you won’t be refunded any cash if you don't use up all of a rewards certificate on purchases. 

How to Maximize Your Rewards

Kroger offers a helpful calculator to show how you can maximize rewards each quarter. Here are two examples of how many points you could earn. 

Average Case

Let's assume you spend the following each month with your card:

• $250 on Kroger Family of Companies brand products
• $500 at Kroger and Kroger Family of Companies locations
• $1,500 on all other purchases

At the end of three months, you'll have earned a total of 9,750 rewards points, which would be worth $45 in redemption value, with some points left over. Spend that same amount each quarter and you'd earn $180 toward Kroger purchases each year. 

Aspirational Case

Now, let's assume you rely on this card for everything and your monthly spending looks more like this:

• $500 on Kroger Family of Companies brand products
• $1,000 at Kroger and Kroger Family of Companies locations
• $3,500 everywhere else 

You'd earn 21,000 rewards points each quarter, which would be worth $105 in redemption value. Annually, you'd earn $420 in rewards. 

Standard Benefits

Since this is a Mastercard, it comes with these standard perks:

• Travel assistance services
• Car rental collision damage waiver insurance
• Mastercard Global Service
• Purchase assurance
• Identity theft resolution services
• Cell phone protection, subject to restrictions and deductible
• Warranty manager service

Cardholder Experience

The Kroger REWARDS World Mastercard is issued by U.S. Bank. In J.D. Power's 2019 U.S. Credit Card Satisfaction Study, U.S. Bank received a rating of 785 out of 1,000. That puts it below the national average of 806.

Customer service is available via secure messaging when you log into your online account. You can also get help by phone 24 hours a day at 844-237-0593.

Security Features

This card has the basic security features you'd expect with a rewards card. That includes chip technology and a $0 fraud liability guarantee if your card is lost or stolen.

Fees to Watch Out For

There are no particular fees to watch out, and no annual fee. Paying late or having a payment returned could result in a penalty, but those are similar to what you might be charged with other rewards cards. 

Our Verdict

The Kroger REWARDS World Mastercard could be a good choice if you mainly shop at Kroger and Kroger Family of Companies stores and are satisfied to use your rewards at those locations. The first-year discount on gas is also a money-saving benefit that might tempt you to sign up.

This card falls short, however, when it comes to points value and redemption options. A regular cash back card that offers bonus rewards on groceries, such as the American Express Blue Cash Everyday or Blue Cash Preferred, could yield more benefits. These cards allow you to earn more cash back at supermarkets besides Kroger (though subject to a $6,000 yearly cap in grocery spending) and also give you more ways to redeem your rewards.