Chase DoorDash Rewards Mastercard Evaluation 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 would be a invoice twice as giant as in case you had merely ordered your meals straight from the restaurant and picked it up your self.

The card_name cuts down on these charges in a number of methods. Right here’s a more in-depth take a look at how one can get monetary savings with this card.

TIME’s Take

With a strong incomes price for DoorDash spending and the flexibility to get DoorDash’s DashPass membership without spending a dime, the card_name delivers on its promise to make comfort extra rewarding. That stated, in case you desire utilizing different meals supply platforms, there are higher choices in the marketplace.

Professionals & cons

Who’s the cardboard for?

To level out the apparent, the card_name is focused at loyal DoorDash clients. Until 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.
• Numerous DoorDash-specific reductions and freebies

The cardboard has different advantages, however you could find these on any first rate money again bank card.

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

Should you prefer to spend cash on journey, contemplate a journey bank card as a substitute. They usually present a excessive incomes price 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 same old 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 satisfy a spending threshold to qualify.

bonus_miles_full This consists of advantages similar to waived supply charges on meals orders over $12 (and grocery retailer orders over $25), numerous reductions, diminished service charges, and extra. Should you routinely order by way of DoorDash, a membership supplies significant financial savings.

Incomes money again

The DoorDash Rewards Card’s excessive incomes price makes it probably the greatest bank cards for meals supply:

• 4% money again on DoorDash and Caviar orders
• 3% money again on eating bought straight 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 price consists of each kind 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 straightforward to redeem your money again earnings, with choices for a checking account direct deposit or an announcement credit score.

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

The high-quality print

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

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

Notably, the cardboard waives international transaction charges, unusual amongst no annual charge bank cards.

Extra hidden perks

DashPass membership

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

$5 month-to-month low cost

Via April 30, 2024, DashPass members with a DoorDash Rewards Card will obtain a $5 low cost on one DoorDash order per 30 days. You have to 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 harm waiver (CDW) and use your DoorDash Rewards Card to order your automobile. It will cowl harm not insured by your main 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 coated purpose. This consists of issues like inclement climate and sickness.

Buy insurance coverage

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

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

Numerous Mastercard World Elite advantages

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

What could possibly 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 wherein competing playing cards outpace it.

For instance, many no annual charge 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.

Should you’re a loyal DoorDash consumer who loves incomes money again, this card is a no brainer.

Often 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 perfect odds of approval, you need to have at the 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 largest profit?

The DoorDash Rewards Card’s Most worthy profit is the flexibility to earn a complimentary DashPass annually that you simply 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. Should you aren’t loyal to a selected meals supply service, this card is probably not the only option because of its DoorDash-centric advantages.