The Top 10+ No-Fee Cards For Health: Pharmacies, Drugstores, Gym Memberships
Americans spend more on pharmaceuticals than any other country. More people could also benefit heavily from consistently going to the gym. As such, let’s explore some credit cards to maximize rewards in these health-related categories. What’s best?
1. Chase Freedom Unlimited Visa or Chase Freedom Flex Mastercard
Both cards earn 3% cash back at drug stores, pharmacies, and restaurants. Unfortunately, gyms and fitness clubs aren’t included here.
They have the potential to earn more through The Chase Trifecta. This can easily become 4.5% cash back (or more) when combined with a Chase Sapphire Reserve. The Sapphire Reserve is also one of the only known cards to include some health/medical insurance when traveling (100+ miles from home). It’s not much, but it’s something, in case insurance doesn’t cover all your expenses. (Or if you have zero insurance.) The Chase Sapphire Preferred can also increase the value of points, but it’s inferior to the Sapphire Reserve in this case. The downside is that annual fees become involved with this strategy, so you’ll have to do the math and see if it makes sense beyond a year or so.
2. American Heritage Credit Union Cash Reward Mastercard
AHCU Cash Reward gets an unlimited 3% back at pharmacies, home improvement stores, gas, and groceries. Earning cash back in four categories is always a good deal. Anyone can join this credit union with a $5 donation during the member application process. Gyms and fitness clubs don’t seem to be under the 3% umbrella here.
3. Venmo Visa
Venmo earns 3% cash back in your top spending category each billing period. One of the valid categories is “Health and Beauty” which includes “Drug stores and pharmacies… and cosmetic stores that sell beauty products. This category also includes sports and recreation facilities that require membership such as health clubs, tennis, golf and swimming clubs.” This may not cover all gym memberships. It’s still a fairly flexible category.
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