DoorDash is launching its first-ever credit card with Chase, the company announced Wednesday. The DoorDash Rewards Mastercard offers cardholders the opportunity to earn cash back on delivery and any other purchase made with the card.
Cardholders get 4% cashback on DoorDash and Caviar orders from merchants on the DoorDash platform, 3% cashback on meals when purchased directly from a restaurant, online or in-store, 2% cashback on supermarkets, online or in-store shop and 1% cashback on all other purchases. Cardholders also have the option to use rewards to pay for part of a DoorDash or Caviar order, along with the option to redeem rewards for gift cards from various brands and retailers.
New cardholders get free DashPass for a year, the platform’s $9.99 per month subscription service that offers free delivery and other benefits. DoorDash Rewards Mastercard cardholders can renew their free DashPass membership each anniversary year with a $10,000 spend. Cardholders also get a $100 cash bonus after spending $500 on purchases in the first three months after account opening.
“As we advance our mission to empower local communities and connect people to the best of their neighborhood, we are excited to introduce the DoorDash Rewards Mastercard to bring consumers greater convenience and value in their everyday purchases from their favorite businesses” Usman Cheema, the Senior Director of Global Partnerships at DoorDash, said in a statement. “Together with longtime partners Chase and Mastercard, we are excited to provide cardholders with rewards and cashback opportunities to support their neighborhood businesses.”
Additional cardholder benefits include $25 off the first two nationwide shipping orders of $100 or more, 10% off the first order of $35 or more each month through August at convenience, grocery, alcohol, and DashMart stores. purchases, along with purchase protection, extended warranty, and no foreign transaction fees.
DoorDash notes that World Elite Mastercard benefits include a $5 monthly credit toward your first DoorDash order each month as a qualifying DashPass member, free 24/7 concierge service, access to Mastercard Priceless Experiences, and protection against identity theft and fraudulent fraud. cost. The benefits also include exclusive offers for ride sharing, food delivery, online shopping and more. You can also earn a $5 Lyft credit after making 3 rides in one calendar month when you pay with the DoorDash Rewards Mastercard.
“We are excited to offer people who love DoorDash an attractive card that will allow all of their purchases to earn money back for future DoorDash orders,” Ed Olebe, the president of Chase Co-Brand Cards, said in a statement. “To unlock even more value and convenience, the card can also be used to earn a free DashPass membership each year. Simply put, if you like DoorDash, you’ll love this card.”
The launch of the new credit card indicates that DoorDash is looking for ways to boost customer loyalty and keep its platform at the forefront of users. The move also gives DoorDash the ability to provide additional benefits to users while opening up new revenue streams.