Categories
Make Money From Home

Instacart Mastercard review: A great fit for grocery delivery, if you can stomach service fees Review – Bankrate.com

It could offer great value if you’re already a big Instacart user, but may fall flat if you just want grocery rewards

Snapshot

Ba…….

It could offer great value if you’re already a big Instacart user, but may fall flat if you just want grocery rewards

Snapshot

Bankrate rating

Bottom line

This card is a great choice for fans of at-home delivery services who value convenience. But price markups and additional service fees could take a large chunk out of your rewards earnings.

Instacart Mastercard®

Intro offer

$200 Instacart Credit

Regular APR

16.49% – 25.24% Variable

Recommended Credit Score

Good to Excellent 
(670 – 850)

Fans of grocery delivery services may find a lot to love about the Instacart Mastercard®. Instacart’s first credit card has no annual fee and earns 5 percent cash back on Instacart purchases made with eligible retail brands on Instacart.com and the Instacart app that cover your groceries and many other everyday purchases. This includes purchases from eligible superstores and wholesale clubs, which are areas where many cash back cards fall short.

The card also offers elevated cash back rewards beyond Instacart, including on travel purchased through the Chase Travel Center portal, at gas stations and restaurants, as well as on select streaming services. When you add in a nice welcome offer, flexible redemption options, and a generous amount of consumer protections and additional benefits, this could be a great standalone card that covers the needs of many at-home-shopping fans looking for food delivery perks.

If you’re not a fan of Instacart and the convenience it and other delivery services provide, this card may not be the best fit. There are a number of rewards cards that offer better rewards on groceries, gas, restaurants and streaming services, and some even include Instacart as part of their grocery category. Plus, when you factor in the range of potential Instacart fees and the fact that retailers may charge higher prices on Instacart, this card could be a poor fit …….

Source: https://www.bankrate.com/finance/credit-cards/reviews/instacart-mastercard/

Leave a Reply

Your email address will not be published.