Chase Instacart Mastercard Review | U.S. News | Credit Cards
How to Maximize Rewards With the Instacart Mastercard
Earn 5% cash back on Instacart app and Instacart.com purchases and on travel booked through the Chase Travel Center. You earn 2% cash back on purchases at gas stations, at restaurants and for select streaming services, and 1% cash back on all other purchases.
Use your rewards to redeem for cash back or travel.
Comparisons With Other Credit Cards
Annual fee: Neither the Instacart Mastercard nor the Amazon Rewards Visa Signature Card charges an annual fee.
Rewards: With the Instacart Mastercard, earn 5% cash back on qualifying Instacart purchases and on travel booked through the Chase Travel Center. Earn 2% cash back on purchases at gas stations, at restaurants and for select streaming services, and 1% cash back on all other purchases. The Amazon Rewards Visa Signature Card earns 3% back in points for spending at Amazon.com and Whole Foods Market; 2% back at drugstores, gas stations and restaurants; and 1% back on all other purchases. If you have an Amazon Prime membership, you earn 5% for spending at Amazon and Whole Foods with the Amazon Prime Rewards Visa Signature.
Sign-up bonus: Although the Instacart Mastercard does not offer a typical sign-up bonus, you earn a $100 Instacart credit upon approval – no spending required. With the Amazon Rewards Visa Signature Card, get a $50 Amazon gift card upon approval, or receive a $100 gift card with the Amazon Prime Rewards Visa Signature.
Benefits: Instacart Mastercard cardholders have access to World Elite Concierge service as well as other travel perks, such as lost luggage reimbursement, an auto rental collision damage waiver and travel accident insurance. With the Amazon Rewards Visa Signature Card, cardholders can take advantage of a suite of Visa Signature benefits, such as travel accident insurance and lost luggage reimbursement.
Annual fee: The Instacart Mastercard charges no annual fee. A Costco membership is required to apply for the Costco Anywhere Visa Card by Citi, but the card charges no annual fee with that paid membership.
Rewards: With the Instacart Mastercard, earn 5% cash back on qualifying Instacart purchases and on travel booked through the Chase Travel Center. Earn 2% cash back on purchases at gas stations, at restaurants and for select streaming services, and 1% cash back on all other purchases. The Costco Anywhere Visa Card by Citi offers 2% cash back on all purchases from Costco and Costco.com, and cardholders earn 4% cash back on eligible gas, including gas at Costco, and EV charging purchases for the first $7,000 per year and then 1% thereafter. Cardholders also earn 3% cash back at restaurants and on eligible travel purchases worldwide and 1% on all other purchases.
Sign-up bonus: Although the Instacart Mastercard does not offer a typical sign-up bonus, you earn a $100 Instacart credit upon approval – no spending required. The Costco Anywhere Visa Card by Citi offers no sign-up bonus.
Benefits: Instacart Mastercard cardholders have access to World Elite Concierge service as well as other travel perks, such as lost luggage reimbursement, an auto rental collision damage waiver and travel accident insurance. With the Costco Anywhere Visa Card by Citi, your card can also serve as your Costco membership ID, and there are no foreign transaction fees.
What Are the Fees Associated With the Instacart Mastercard?
- Annual fee: The annual fee is $0
- Foreign transaction fee: The foreign transaction fee is $0.
- Balance transfer fee: The balance transfer fee is either $5 or 5% of the amount of each balance transfer, whichever is greater.
- Cash advance fee: The cash advance fee is either $10 or 5% of the amount of each transaction, whichever is greater.
- Penalty fee: up to $40 for a late or returned payment.
Should You Get the Instacart Mastercard?
- Frequently use Instacart or plan to in the future.
- Want to earn travel rewards.
- Plan to take advantage of World Elite Concierge service.
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