DoorDash launches its first co-branded bank card with Chase

DoorDash is launching its first-ever credit card with Chase, the corporate introduced on Wednesday. The DoorDash Rewards Mastercard will present cardholders the chance to earn money again on supply and each different buy made with the cardboard.

Cardmembers will get 4% money again on DoorDash and Caviar orders from retailers on the DoorDash platform, 3% money again on eating when bought straight from a restaurant both on-line or in-store, 2% money again on grocery shops both on-line or in-store and 1% money again on all different purchases. Cardmembers may even have the choice to make use of rewards to pay for half or all of a DoorDash or Caviar order, together with the choice to redeem rewards for present playing cards from a wide range of manufacturers and retailers.

New cardmembers will get a free 12 months of DashPass, the platform’s $9.99 per 30 days subscription service that provides free supply and different perks. DoorDash Rewards Mastercard cardmembers can lengthen their complimentary DashPass membership each anniversary 12 months after they spend $10,000. Cardmembers may even get a $100 money bonus after spending $500 on purchases within the first three months from account opening.

“As we additional our mission to empower native communities and join individuals to the perfect of their neighborhoods, we’re thrilled to introduce the DoorDash Rewards Mastercard to offer shoppers extra comfort and worth on their on a regular basis purchases from their favourite companies,” mentioned Usman Cheema, the senior director of International Partnerships at DoorDash, in an announcement. “Along with longstanding companions Chase and Mastercard, we’re delighted to supply rewards and money again alternatives for cardmembers to assist their neighborhood companies.”

DoorDash credit card

Picture Credit: DoorDash

Further cardmember advantages embody $25 off the primary two nationwide delivery orders of $100 or extra, 10% off the primary order of $35 or extra every month till August on comfort, grocery, alcohol and DashMart purchases, together with buy safety, prolonged guarantee and no international transaction charges.

DoorDash notes that World Elite Mastercard advantages embody a month-to-month $5 credit score off your first DoorDash order every month as an eligible DashPass member, complimentary 24/7 concierge service, entry to Mastercard Priceless Experiences and safety from identification theft and fraudulent fees. The advantages additionally embody unique gives on ridesharing, meals supply, on-line buying and extra. You can even earn a $5 Lyft credit score after taking three rides in a single calendar month when paying with the DoorDash Rewards Mastercard.

“We’re excited to supply individuals who love DoorDash a compelling card that permits all their purchases to earn money again towards future DoorDash orders,” mentioned Ed Olebe, the president of Chase Co-Model Playing cards, in an announcement. “To unlock much more worth and comfort, the cardboard can be used to earn a complimentary DashPass membership yearly. Merely put, when you love DoorDash, you’ll love this card.”

The launch of the brand new bank card signifies that DoorDash is searching for methods to drive buyer loyalty and hold its platform on the forefront of its customers’ minds. The transfer additionally provides DoorDash the flexibility to supply extra perks for customers whereas opening up new income streams.

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