Do you usually shop for groceries at Fry’s or any Kroger supermarket chain? If your answer is yes, you should get yourself a Fry’s Rewards World MasterCard Credit Card. The rewards of this card alone will make it worth your while. In this Fry’s Rewards World MasterCard Credit Card review, I’ll list the details and benefits so you can decide if it is the right credit card for you.
The Fry’s Rewards World MasterCard opens the door to unlimited rewards. For instance, you will get $5 worth of free groceries if you earn a thousand points. It is also possible for you to receive one reward point per $1 spent wherever MasterCard is accepted. You can also earn double the amount when you shop at any Fry’s or Kroger supermarket.
Read on to learn more about the Fry’s Rewards World MasterCard Credit Card and its most significant details.
About the Fry’s Rewards World MasterCard Credit Card
The Fry’s Rewards World MasterCard Credit Card is a co-branded product born from a partnership between MasterCard and Kroger’s, the parent company of Fry’s. This card allows the owner to earn an impressive amount of points whenever they shop at Fry’s or in any store associated with Kroger’s.
Reward-earning and Discount Card
The Fry’s Rewards World MasterCard is not just a credit card. It is all-in-one. You can use it as both a reward-earning card and a discount card. It is not just usable in Fry’s and Kroger’s. It is a MasterCard, making it possible for you to use it in any establishment that accepts it both here and abroad.
Earn One Point for Every Dollar Spent
If you sign up for the Fry’s Rewards World MasterCard, you will automatically earn one point for every dollar spent using it. If you want to earn double the rewards points, use this card in Fry’s supermarkets and any grocery chains under the Kroger brand. To earn triple points, use it to purchase store-brand products.
Advantages of the Fry’s Rewards World MasterCard Credit Card
Before we dive into more of the details of Fry’s MasterCard, let us first discuss the advantages that come with owning it:
1. Spend Anywhere, Earn Points Anywhere
Because this card is a MasterCard, you can use it to shop anywhere that accepts a MasterCard. Fortunately, almost all establishments accept it nowadays. You can earn one point for any purchase made using this card. This is possible regardless of the store, even when you use it outside of the US.
However, if you want to earn double points, use this card when grocery shopping at Fry’s or any other supermarket under Kroger’s. You can even triple the number of points you earn by purchasing store-brand products.
2. No Annual Fees
The biggest benefit that Fry’s MasterCard provides is that it does not charge an annual fee. This will allow you to save even more money while earning points at the same time. If you frequent Fry’s anyway, then at least check out this rewards-earning credit card.
3. Convenient Way to Redeem Points
Unlike other credit cards that will make you jump through hoops when you want to redeem points, Fry’s MasterCard makes it a lot easier by sending the points directly to you. Other credit cards hook you into signing up by telling you the many ways that you can earn points. However, they do not tell you that it is not that easy to redeem the points.
This is not the case with Fry’s. The moment you start earning points, Fry’s will send you a quarterly check amounting to the total rewards points you earned in that period. You will be receiving $5 worth of groceries per 1,000 points you earned using Fry’s MasterCard.
4. Fuel Discounts for a Year
If you can save and redeem 100 fuel rewards points, you can enjoy a 55c discount on gas from all Kroger family of companies’ fuel centers. It might not be much, but it all adds up in the end.
Again, what does the Fry’s Rewards World Mastercard offer? The Fry’s Rewards World Mastercards allow you access a door to unlimited rewards. For instance, you can get $5 worth of groceries free when you earn 1000 points. Meanwhile, you can earn one point for every $1 you spend. Double this amount when you choose to shop at any Fry’s or Kroger supermarket.
Disadvantages of the Fry’s Rewards World MasterCard Credit Card
Although Fry’s MasterCard may seem like a great choice if you search for a credit card, it also comes with a couple of disadvantages. These include:
1. Low Rewards Points Value
Although you can get $5 worth of groceries per 1000 points earned, it is the biggest downside of using Fry’s MasterCard. If you do the math, every point is equivalent to just $0.005 – half a cent for every point you earn.
This is much less than what you can earn using other grocery store rewards. Even though you can earn up to three points per dollar spent, they do not value much.
2. Points Only Useful for Groceries
Don’t expect cash-backs, travel miles, or other things that you can spend on other things. The rewards points that you earn using this credit card are only for purchasing groceries. Also, you can only do this at Fry’s or any other Kroger’s-owned supermarket.
3. Very Few Additional Perks
You will be suffering from “perk envy” if you compare this card with other grocery rewards cards. For one thing, you will not be getting a free FICO score on your monthly credit card statement.
There will also be no penalty-free trip cancellations or any other free perks offered by other credit cards. Although Fry’s MasterCard provides a convenient way to redeem rewards points, it may not do much for you unless you are a big fan of the supermarket chain.
Moreover, since this is a MasterCard, the company’s enhanced security features, like ID Theft Protection, will also cover it. This program lets you access ways to solve identity theft problems in case you become a victim. MasterCard will scour the web looking for your compromised credentials to detect and prevent fraud.
Why Should You Get Fry’s Rewards World MasterCard Credit Card?
The Fry’s Rewards World MasterCard is not exactly a credit card that appeals to everyone. It may seem like a good choice if you fall into the following criteria:
1. People Who Exclusively Shop at Fry’s or Kroger’s
Shop exclusively at Fry’s or any of Kroger’s line of supermarkets. Either those are the only supermarkets in your area, or you are a real die-hard fan of their in-store brand products.
2. Not Fond of Paying Annual Fees for Credit Cards
This is a general assumption because if you ask anyone if they like paying annual fees, you can be sure that they will always say no.
3. Not Fond of Going Through Complicated Processes of Redeeming Your Rewards
Most people want to claim the rewards that they collected without any hassle. The Fry’s Rewards MasterCard makes this process a whole lot easier. They send you a quarterly check in the mail. You do not have to do anything at all.
Why Fry’s Rewards World MasterCard Credit Card Is Not for You?
On the other hand, if you are one of the following, you may not like this credit card:
1. Looking for a Good Cashback Deal
You will not be getting anything of the sort with Fry’s MasterCard and its rather low-value point system. You can try other cards to get a more worthwhile cashback deal at just half a cent per point.
2. Want Options When Redeeming Your Rewards Points
The only thing that you can use your rewards points for is groceries and nothing else. Moreover, you can only use your accumulated points at Fry’s or any other Kroger’s supermarkets.
3. Want to Convert Your Points to Travel Miles
Nope, this credit card does not provide the option for this.
Weigh both the advantages and disadvantages to determine if the Fry’s Rewards MasterCard is a good fit for you. On the other hand, if you already have other credit cards in your wallet, getting this one for the sole purpose of grocery shopping at Fry’s may not be a good idea.
Fry’s Rewards World MasterCard Requirements
You may apply for and get immediately approved for a Fry’s MasterCard if you have the following:
- Another credit card or several them
- A credit score of at least 620
Applying for this card is also quite easy. Just log in to the official website and then navigate your way towards the application page. There are always agents who would be more than willing to help you.
Conclusion – Fry’s Rewards World MasterCard Credit Card Details and Review
The Fry’s MasterCard is your passport to a world of nearly endless rewards. If you like free groceries, you will receive a $5 voucher for free groceries for every 1,000 Rewards points you collect and redeem. Also, because it is a MasterCard, you can use it on all establishments that accept it.
Admittedly, this credit card is not for everyone. However, if you are the type of person who loves shopping at Fry’s or Kroger’s, then this card is for you. It is also a great choice if you are not looking for anything too fancy regarding points redemption.