Fred Meyer Rewards World Mastercard Credit Card Details and Review

If you find yourself always shopping at Fred Meyer, you can earn grocery rewards and have the chance of getting substantial gas savings if you use this credit card. In this Fred Meyer Rewards World Mastercard Credit Card review, I’ll list all the information you need to see if it is right for you.

The Fred Meyer Rewards World Mastercard credit card gives you the chance to enjoy instant savings at the gas station. Using this card, you can save up to $1.55 per gallon on gas for one year. This is possible if you redeem a maximum of 1,000 fuel points at any participating fuel center of the Kroger Family of Companies and Fred Meyer.

With this credit card, you can earn 1 point for every net $1 spent on eligible purchases at any merchant that accepts Mastercard. Each time you shop with your Shopper’s Card, you can earn one fuel point for each $1 that you spend. The company’s fuel centers will redeem your earned points.

Read on to learn more about the Fred Meyer Rewards World Mastercard Credit Card, its features and benefits, rewards and requirements, and things you need to know to see if it is the card you are looking for.

About the Fred Meyer Rewards World Mastercard Credit Card

Fred Meyer Rewards World Mastercard Credit Card

Ideal for People Who Frequently Shops at Fred Meyer

The Fred Meyer Rewards World Mastercard credit card is ideal for those who frequently shop at Fred Meyer. This card gives them the chance to get instant savings every time they gas up.

Save a Maximum of $1.55 per Gallon on Gas

If you use this card, you can save a maximum of $1.55 per gallon on gas for one year. You can get this saving every time you redeem a maximum of 1,000 fuel points at any participating fuel centers of the Kroger Family of Companies (QFC) and Fred Meyer.

Earn 1 Point for Every Net $1

You can earn 1 point for every net $1 spent on eligible purchases in stores and merchants that accept Mastercard. Each time you use your Shopper’s Card, you earn one fuel point for each $1 that you spend. And then, you can redeem these points when you gas up on their fuel centers.

Earn Fuel Points at Fred Meyer Jewelers, etc.

You can also earn fuel points at Fred Meyer Jewelers, their Pharmacy, and even when you order an item from their online store. The U.S. Bank National Association issues the Fred Meyer Rewards World Mastercard Credit Card, as per a license from Mastercard International Incorporated.

At Least 630 Credit Score

To be approved for this credit card, your credit score should be at least 630 or higher. Their APR is also relatively high at more than 20%. On average, the points you earn with this card are worth 1 cent each. The average value of a reward point of other supermarkets is 0.67 cents. So, the reward points of Fred Meyer are more valuable.

Regularly Shop at Fred Meyer for More Rewards

To earn more rewards, do your regular shopping at any Fred Meyer or Quality Food Centers. QFC is a subsidiary of the Kroger Family of Companies. In redeeming your rewards, visit fredmeyer.com or install the Fred Meyer app on your mobile.

Select the offers that appeal to you and load your points to your Rewards Card. And then shop at any Fred Meyer or QFC establishment when you are at checkout to redeem your reward points.

Key Features of the Fred Meyer Rewards World Mastercard Credit Card

Like any other credit card, the Fred Meyer Rewards World Mastercard credit card comes with many features designed to attract consumers like you. But here are the key features that you should focus on:

1. Rewards Rate

You will earn two reward points for every eligible net $1 spent at any Fred Meyer store (fuel centers excluded). The term ‘net’ means the total amount of your purchases minus adjustments and returns.

You will also earn one reward point for every eligible net $1 spent at any merchant that accepts Mastercard.

2. 0% Introductory Purchase APR

The purchase APR of this credit card is 0% for the first nine billing cycles.

3. Regular APR

After the first nine billing cycles, the regular APR of this credit card turns from 13.74% to 25.74% (variable)

4. Introductory Balance Transfer APR

The balance transfer APR of this credit card for the first nine billing cycles is 0%. It applies to the balance within 30 days after signing up.

5. Annual Fee

There is no annual fee.

6. Required Credit Score

Your credit score should be between 670 and 850 (good to excellent)

7. Issuer

Mastercard is the issuer of the Fred Meyer Rewards World Mastercard Credit Card

Again, what does the Fred Meyer Rewards World Mastercard credit card offer? The Fred Meyer Rewards World Mastercard credit card gives you a chance to save up to $1.55 per gallon on gas for one year. You can save this much if you redeem a maximum of 1,000 fuel points at any participating fuel center of the Kroger Family of Companies and Fred Meyer.

Benefits of the Fred Meyer Rewards World Mastercard Credit Card

fred meyer rewards world mastercard credit card login

This Mastercard credit card comes with tons of benefits. But some benefits stand out more than others. Here are those benefits:

1. You Can Earn Higher Rewards

Every dollar that you spend on merchants anywhere who accept Mastercard will earn you 1 point. But there’s more. Every net dollar that you spend on eligible purchases made in any Fred Meyer store, anywhere, will earn you 2 points.

If you earn 500 Rewards Points, you will get a $5 Rewards Rebate. You can spend it at any Fred Meyer store.

2. Get Your Rewards Automatically

You don’t have to make an effort to get your rewards. They will be automatically sent to you every quarter.

3. Save Money at the Pump

You can save up to $1.55 per gallon of fuel if you gas up at any Fred Meyer Fuel Center for an entire year when you redeem a maximum of 1,000 Fuel Points. All you need to do is to scan your Fred Meyer Rewards World Mastercard at the register.

4. Zero Fraud Liability

The issuer of this credit card assures that you will not be required to pay for purchases that you did not authorize. These fraudulent purchases are not your responsibility. However, this provision is subject to exceptions and conditions.

5. Enhanced Security

This credit card features Mastercard ID Theft Protection. It gives you access to several identity theft resolution services. This is a valuable feature in times when you suspect that identity thieves have victimized you. These services are available to you 24/7 throughout the year.

6. Travel and Lifestyle Benefits

If you own a Fred Meyer Rewards World Mastercard Credit Card, you will be able to access a suite of travel perks and offers from a wide variety of merchants in the travel industry. Among these perks are the following:

  • Zero Foreign Transaction Fees – applicable to purchases you make while traveling abroad or shopping online in a foreign website.
  • Complimentary Professional Travel Services – this credit card gives you access to a Lifestyle Manager who can help plan your vacation.
  • Guaranteed Lowest Hotel Rate – if you are booking a qualified prepaid hotel rate using the Mastercard Travel and Lifestyle Service, and you find the same hotel but with a lower rate, Mastercard will refund you the difference.

7. Emergency Services

This credit card gives you access to Mastercard Global Service. So, if you have any issue with your credit card, whether you lost it or it was stolen, or if you have any inquiries, you can use this service. You can get an Emergency Card Replacement or even a Cash Advance through this service.

How to Earn Rewards with the Fred Meyer Rewards World Mastercard Credit Card

fred meyer rewards world mastercard

The reward earning system of this credit card is pretty straightforward. Here is how it goes:

  1. Every eligible net $1 purchase that you make inside a Fred Meyer store using this card, will accumulate 2 Reward Points,
  2. Every eligible net $1 purchase done outside of Fred Meyer stores will earn you 1 Reward Point, and
  3. In order to earn these Reward Points, you must scan the barcode on the back of the Fred Meyer Rewards World Mastercard Credit Card and pay with the Fred Meyer Rewards World Mastercard credit card. Doing this will also enable you to earn Double Rewards Points.

How to Redeem Rewards with the Fred Meyer Rewards World Mastercard Credit Card

It is also relatively easy to redeem your rewards points on this credit card. Your rewards points are automatically redeemed once you can accumulate 500 points. Once you earn these many points, Fred Meyer will automatically send you a Rewards Rebate in the mail. You don’t have to do anything but keep on earning and accumulating points.

Rates and Charges of the Fred Meyer Rewards World Mastercard Credit Card

As far as the rates and charges that govern the use of this credit card, the following table will show all the details:

ParticularsRates/Charges
Intro Purchase APR0% for the first nine billing cycles
Regular Purchas APR11.99% to 23.99% based on creditworthiness after account opening, variable based on the Prime Rate
Balance Transfer APR0% for the first nine billing cycles for transfers within 30 days. 11.99% to 23.99% based on creditworthiness after account opening, variable based on the Prime Rate
Cash Advance APR25.99%, variable based on the Prime Rate
Minimum Interest ChargeNo less than $2

Fees of the Fred Meyer Rewards World Mastercard Credit Card

There are some fees regarding the use of this Mastercard credit card. The table below will show all the details:

ParticularsFees
Annual$0
Balance TransferEither 4% of the transfer amount or $10, whichever is higher
Cash AdvanceEither 4% of the transfer amount or $10, whichever is higher
ATM Cash AdvanceEither 5% of the transfer amount or $10, whichever is higher
Late Payment$40, maximum
Returned Payment$40, maximum

Requirements of the Fred Meyer Rewards World Mastercard Credit Card

There are no stringent requirements for getting this credit card. You only have to satisfy the following criteria:

  1. You must be of a citizen of the United States, and of legal age,
  2. Your credit score should be at least 670. If you have a higher credits score, your chances of being approved will be greater,
  3. You must submit all pertinent personal and business information that may be required, and
  4. If approved, your credit card account should remain active to be able to earn and redeem the Rewards Points.

Pros and Cons of the Fred Meyer Rewards World Mastercard Credit Card

To complete my review of this Mastercard credit card, I will now give you some of its most notable pros and cons:

Pros

Con

  • Cash back is lower than other credit cards. Other cards offer 1.5% to 2% cash back.

Conclusion: Fred Meyer Rewards World Mastercard Credit Card

You get the chance to enjoy instant savings when you gas up if you use a Fred Meyer Rewards World Mastercard credit card. By doing so, you can save a maximum of $1.55 per gallon of gas for one year. You can get this many savings if you redeem up to 1,000 fuel points at any participating fuel centers of the Kroger Family of Companies and Fred Meyer.

As discussed in this article, there are other benefits that you can enjoy if you use this Mastercard credit card. That is why it is worth considering if you are already shopping regularly at Fred Meyer.