Chase DoorDash Rewards Mastercard Evaluate 2024

Meals supply apps like DoorDash are extremely handy, however the prices can add up. When you’ve paid the service charges and tipped your supply driver, you could possibly be a invoice twice as giant as for those who had merely ordered your meals immediately from the restaurant and picked it up your self.

The card_name cuts down on these charges in a couple of methods. Right here’s a more in-depth have a look at how one can lower your expenses with this card.

TIME’s Take

With a strong incomes charge for DoorDash spending and the flexibility to get DoorDash’s DashPass membership free of charge, the card_name delivers on its promise to make comfort extra rewarding. That mentioned, for those who desire utilizing different meals supply platforms, there are higher choices available on the market.

Execs & cons

Who’s the cardboard for?

To level out the plain, the card_name is focused at loyal DoorDash clients. Except you order from DoorDash frequently, you received’t get a lot from the next DoorDash advantages:

• Welcome provide of a free DoorDash DashPass membership.
• 4% money again on DoorDash and Caviar orders.
• Varied DoorDash-specific reductions and freebies

The cardboard has different advantages, however you will discover these on any respectable money again bank card.

In contrast to many Chase bank cards, the DoorDash Rewards Card doesn’t provide journey rewards—simply money again.

If you happen to prefer to spend cash on journey, think about a journey bank card as a substitute. They typically present a excessive incomes charge on spending at eating places. Some, just like the card_name and card_name, provide meals supply reductions and memberships.

Rewards

Welcome bonus

The card_name doesn’t provide the standard welcome bonus of money or factors with a minimal spending requirement. As a substitute, you’ll obtain a free DashPass membership for one yr instantly upon account opening—no want to fulfill a spending threshold to qualify.

bonus_miles_full This consists of advantages akin to waived supply charges on meals orders over $12 (and grocery retailer orders over $25), varied reductions, diminished service charges, and extra. If you happen to routinely order through DoorDash, a membership supplies significant financial savings.

Incomes money again

The DoorDash Rewards Card’s excessive incomes charge makes it among the best bank cards for meals supply:

• 4% money again on DoorDash and Caviar orders
• 3% money again on eating bought immediately with the restaurant
• 2% money again with grocery shops (each on-line and in-store)
• 1% money again on all different eligible purchases

The 4% return charge consists of each sort of DoorDash order: eating places, grocery shops, retail objects, and even pet shops that seem inside the app.

Redeeming money again

The DoorDash Rewards Card makes it simple to redeem your money again earnings, with choices for a checking account direct deposit or a press release credit score.

You can even redeem your rewards for present playing cards, however your greatest guess is to buy present playing cards and DoorDash orders individually, then use assertion credit to offset the expense.

The positive print

The card_name is a no annual payment bank card, however there are different potential prices related to having the cardboard. These embrace:

• Buy and steadiness switch APR: reg_apr,reg_apr_type.
• Money Advance APR: cash_advance_apr.
• Steadiness switch payment: balance_transfer_fees
• Money advance payment: cash_advance_fee
• Late/returned fee payment: as much as $40.

Notably, the cardboard waives overseas transaction charges, unusual amongst no annual payment bank cards.

Extra hidden perks

DashPass membership

The DoorDash Rewards Card consists of an annual DashPass membership for the first cardholder and a licensed person so long as you spend at the very least $10,000 in your card annually. It’s a $192 annual worth (for 2 customers), which is critical for a no annual payment card.

$5 month-to-month low cost

By way of April 30, 2024, DashPass members with a DoorDash Rewards Card will obtain a $5 low cost on one DoorDash order per 30 days. You could use your card at checkout to get the low cost.

Journey insurance coverage

The DoorDash Rewards Card does provide some travel-related protections.

You’ll get secondary rental automobile insurance coverage once you waive the rental company’s in-house collision injury waiver (CDW) and use your DoorDash Rewards Card to order your automobile. This may cowl injury not insured by your major insurance coverage supplier.

You’ll additionally obtain journey cancellation/interruption insurance coverage of as much as $1,500 of protection per particular person in your reservation (max $6,000 per journey) once you use your card for pay as you go, nonrefundable journey that’s interrupted for a lined cause. This consists of issues like inclement climate and sickness.

Buy insurance coverage

If you happen to make a big buy along with your card, Buy Safety covers injury or theft as much as 120 days after the acquisition date, as much as $500 per declare (max $50,000 per account).

The cardboard will even tack on an additional yr to eligible U.S. producer’s warranties lasting three years or much less.

Varied Mastercard World Elite advantages

The card_name consists of Mastercard World Elite advantages that may complement the approach to life of a food-delivery addict. For instance, you’ll obtain presents for meals supply, rideshare companies, on-line buying, and extra. You’ll get a $5 Lyft credit score every month you are taking at the very least 5 rides (and pay along with your card). You’ll even obtain a free concierge service that’s obtainable any hour of the day.

What may very well be improved

The DoorDash Rewards Card accomplishes what it units out to do: make meals supply rewarding. However at its core, it’s a money again bank card. And there are a few areas by which competing playing cards outpace it.

For instance, many no annual payment money again playing cards provide a welcome bonus price round $200. However the DoorDash Rewards Card supplies simply $96 in worth with a free yr of DoorDash DashPass.

Additionally, many money again bank cards provide 0% intro APR for a yr or extra. That is extraordinarily useful for these with giant upcoming bills that take some time to repay. The DoorDash Rewards Card doesn’t have an intro APR provide.

Card alternate options

TIME Stamped: Foodies will love the DoorDash Rewards Card

The truth that the card_name earns 4% money again on DoorDash and Caviar orders and three% money again with eating places makes this an elite eating bank card.

If you happen to’re a loyal DoorDash person who loves incomes money again, this card is a no brainer.

Steadily requested questions (FAQs)

Is the card_name a bank card?

Sure, the DoorDash Rewards Card is an unsecured bank card.

What credit score rating do you want for a card_name?

To have the very best odds of approval, it’s best to have at the very least a superb credit score rating when making use of for the DoorDash Rewards Card. FICO defines a superb credit score rating as 670 or above.

What’s the DoorDash Mastercard’s greatest profit?

The DoorDash Rewards Card’s most respected profit is the flexibility to earn a complimentary DashPass annually that you just spend $10,000 on the cardboard.

Is the Chase DoorDash bank card price it?

The card_name is price it for many who use DoorDash frequently. If you happen to aren’t loyal to a particular meals supply service, this card is probably not the only option resulting from its DoorDash-centric advantages.