Chase Launches New DoorDash Rewards Mastercard
Chase and DoorDash announced today a new DoorDash Rewards Mastercard that will run on the Mastercard network. As you might expect, a DoorDash credit card will not be at the top of the list for most people. But there are some benefits worth mentioning, and a signup bonus of $100+. Let’s see all the details.
Welcome Offer
- Earn a limited time $100 bonus when you spend $500 on purchases in the first 3 months from account opening.
- Free year of DashPass (a value of $96 value). Enjoy $0 delivery fees, reduced service fees, and exclusive benefits on every eligible order. Membership auto-renews.
- No Annual Fees
- Direct Link to Offer
Earning and Using Rewards
The DoorDash Rewards Mastercard earns:
- 4% cash back on DoorDash and Caviar orders from hundreds of thousands of merchants on the DoorDash platform
- 3% cash back on dining when purchased directly from a restaurant, online or in-store
- 2% cash back on grocery stores, online or in-store
- 1% cash back on all other purchases
Cardmembers have flexible cash back redemption options, including:
- Using rewards to pay for part or all of a DoorDash or Caviar order
- Receiving a statement credit or direct deposit into a cardmember’s bank account
- Redeeming rewards for gift cards from a variety of brands and retailers
Other Benefits
- $25 off the first two Nationwide Shipping orders of $100 or more, which is a $50 value.
- 10% off first order of $35 or more each month (up to $15 per order) on convenience, grocery, alcohol and DashMart purchases.
- Extend complimentary DashPass membership every anniversary year when you spend $10,000.
- No foreign transaction fees
- Cash back rewards don’t expire as long as the cardmember account is open.
- Auto Rental Collision Damage Waiver
- Trip Cancellation / Interruption
- Extended Warranty
- Purchase Protection
- World Elite Mastercard benefits which include $5 off your first DoorDash order each month as an eligible DashPass member.
Conclusion
The highlight of this card are the $100 signup bonus, one free year of DashPass and earning rates of 4% on DoorDash orders and 3% on dining. You also get 10% off a $35+ order each month, and $5 off one order as part of the World Elite Mastercard benefits.
Is it worth a Chase 5/24 spot? That’s an easy no!
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I am probably Doordash’s target demographic for this card, and I find it pretty uninspiring. $100 bonus is meh, I’d take 3 UR or 4 MR points over 3%/4% on dining and groceries, and it doesn’t even come free Dashpass every year! Pretty hard pass from me.
Ah the irony – Doordashers do not earn enough to qualify for the card