Chase
Instacart Mastercard
Key Features
| Annual Fee | $0.00 |
| Regular APR | 18.24Min. of (6.75+11.49) and 29.99%–27.74Min. of (6.75+20.99) and 29.99% variable APR. |
| Network | Mastercard |
About this card
The Instacart Mastercard is a decent card, primarily valuable for frequent Instacart users. Its strengths lie in the absence of an annual fee, a reasonable rewards program, and a $50 Instacart credit sign-up bonus. The 5% cash back on Instacart and Chase Travel purchases is attractive, but the $6,000 annual spending cap limits its potential for high spenders. The 2% category bonuses on restaurants, gas, and streaming are a plus, while the 1% on everything else is standard. The high APR range (18.24% - 29.99%) is a significant drawback, especially for a card targeting those with good credit. The lack of foreign transaction fees is a plus. While the rewards are beneficial for Instacart users, they are less compelling for others. Given these factors, a 3.0 rating reflects a 'good' card with specific strengths and weaknesses that cater to a niche audience. The high APR and limited rewards categories beyond Instacart prevent a higher rating.
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- Cashback on purchases
- No foreign transaction fees
Things to consider
- High regular APR
- Limited rewards categories
- Requires good or excellent credit
What this card offers
Sign-up bonuses
- Get a $50 Instacart credit automatically upon approval
Rewards
- 5% Cash Back on qualifying Instacart.com and Instacart app purchases on your first $6,000 spent annually, from more than 1,500 retail brands and 80,000+ stores across 14,000+ cities in North America.
- 5% Cash Back on Chase Travel purchases, including flights, hotels and more.
- 2% Cash Back at restaurants, including orders on Instacart powered by Uber Eats, gas stations, and on select streaming services.
- 1% cash back on all other purchases.
Other features
- You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
- For fast, easy and secure checkout simply tap to pay where you see the Contactless symbol. For more information, please see www.chase.com/contactless.
- Chase Pay Over Time lets eligible Chase customers break up credit card purchases into budget friendly payments.
- Pay off an eligible purchase you've already made of $100 or more in smaller, equal monthly payments. No Interest- just a fixed monthly fee with plan durations that range from 3-24 months. Start a plan by selecting an eligible purchase with the "Pay Over Time" option next to the transaction amount in your credit card activity.
- Choose to receive a direct deposit or a statement credit. There's no minimum to redeem.
- Book your next flight, hotel, car rental, and more.
- Use your cash back rewards to pay for all or part of your purchase in the Instacart app or on instacart.com (excludes restaurant orders on Instacart powered by Uber Eats).
Additional Notes
Instacart Mastercard credit cards are issued by JPMorgan Chase Bank, N.A. Member FDIC. Accounts subject to credit approval. Restrictions and limitations apply. Offer subject to change.