DoorDash and Chase have launched their first joint credit card, with MasterCard as the exclusive payments network. The card offers cash back both on and off the DoorDash platform.
DoorDash and Chase, undeterred by the uncertain economy and growing concerns of a recession, have launched their firstIt is called the DoorDash Rewards Mastercard. It is a no fee World Elite Mastercard that is aimed at driving traffic to local businesses both on and off the platform while rewarding cardholders on every purchase.
Credit card users will not only get unlimited cash back for DoorDash and Caviar orders, but they will also get rewards for all other online and in-store purchases including at grocery stores, restaurants and other national and local retailers, the companies announced in a joint statement. "Our business relies on local merchants," DoorDash Chief Business Officer Keith Yandell told FOX Business.
Credit card holders will get 4% cashback with DoorDash and Caviar orders "from hundreds of thousands of merchants," the companies said. They will also get 3% cash back on dining and 2% on grocery store purchases. This applies to both online and in-store purchases.
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