U.S. Bank and Mastercard Join to Release Kroger Rewards Credit Card

August 3, 2017, Written By Natalie Rutledge

Kroger and U.S. Bank have selected Mastercard as the new processing network for the grocery store’s 1-2-3 Rewards co-branded credit card. The card is currently serviced by Visa.

“The Kroger 1-2-3 REWARDS® credit card is an important part of how we reward our loyal shoppers,” said Gary Millerchip, CEO of Kroger Personal Finance. “We are always looking for partnerships that support our business strategy of creating value for customers by lowering costs throughout the business and we are excited for this new partnership with Mastercard.”

The 1-2-3 Rewards program allows Kroger shoppers to earn points they can use to pay for food and other merchandise. Cardmembers also receive fuel discounts and personalized shopping coupons. Current offers include:

  • When users redeem 100 fuel rewards points, they get an additional 25 cents off per gallon for a year.
  • 3 points for ever $1 spent on Kroger products, 2 points for every $1 spent at Kroger stores, and 1 point for every $1 spent at other locations.
  • $5 in free groceries for ever 1,000 points earned.

John Steward, president of Retail Payments Solutions at U.S. Bank, said, “U.S. Bank and Kroger have enjoyed a long and successful partnership that continues to grow and evolve. Mastercard’s assets and capabilities align well with our future plans for the Kroger 1-2-3 REWARDS® credit card program and support our shared commitment to delivering relevant value to the many Kroger shoppers throughout the U.S.”

The 1-2-3 Rewards card will launch on the Mastercard network at the end of 2017, and new cards will arrive by Spring 2018.



The information contained within this article was accurate as of August 3, 2017. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at [email protected]
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