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Chase Instacart Mastercard Card Review: 5% Cash Back, 1 Free Year of Instacart+ and $100 Instacart Credit

If you frequently rely on Instacart for grocery and retail deliveries, this no-annual-fee credit card can save you quite a bit of money with cash back categories of up to 5%, a free year of Instacart+ membership, and $100 Instacart credit.

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Slickdeals Take: The Instacart Mastercard® Credit Card from Chase is a solid credit card for consumers who rely on the convenience of grocery delivery, or who want a primary card with great perks but no annual fee. With elevated cash back earnings of up to 5% per dollar on Instacart purchases, and 2% on gas stations, restaurants and select streaming services, this is the inflation-fighting credit card we didn’t know we needed. Rating: 4/5

instacart groceries in bag


  • Simple earning structure and straightforward to use
  • No annual fee
  • Includes World Elite Mastercard benefits 
  • 5% cash back on Instacart purchases
  • No foreign transaction fees


  • Not a great fit for consumers who don’t use Instacart 

Official application link: Apply here for the Instacart Mastercard


If the pandemic made you realize that you never want to step foot in a grocery store again, we understand – and so does Instacart. The popular grocery and retail delivery service recently launched its first credit card in partnership with Chase and Mastercard, and the earning opportunities are plentiful for the right type of consumer. The Instacart Mastercard® Credit Card is a good option to consider for people who often use Instacart delivery services and want to keep a no-fee card in their wallets for everyday use. 

Earning and Redeeming Cash Back

CategoryRewards RateLimit
Instacart purchases5% Cash BackNone
Travel booked through Chase5% Cash BackNone
Gas stations2% Cash BackNone
Restaurants2% Cash BackNone
Select streaming services2% Cash BackNone
Other purchases1% Cash BackNone

The Instacart Mastercard offers consumers generous 5% cash back earnings per dollar on purchases at Instacart’s 300+ partner grocery and retail brands nationwide.

In addition to elevated earnings on Instacart services, card holders will earn 2% cash back per dollar at gas stations, restaurants and on select streaming services, and 1% back per dollar on every other purchase.

There is no cap on the amount of cash back you can earn in a year – the more you spend, the more you earn. Cardholders can either redeem their earnings as a monthly direct deposit, or apply their cash back rewards directly toward the outstanding balance of their credit card statement. And beginning Fall 2022, card members will be able to redeem cash back earnings to pay for Instacart orders directly within the Instacart app or online. 

If you’re intrigued by the opportunity to use your rewards toward travel, consider using your Instacart earnings toward a fun trip. Instacart Mastercard cardholders will receive access to Chase’s dedicated travel portal as part of their cardholder benefits, so you can opt to use your cash back to pay off various Chase Travel Center purchases including flights, hotels, cruises and car rentals. If you prefer to earn cash back for your travel spend instead, cardholders can earn 5% cash back per dollar spent on travel purchased through the Chase Travel Center.

Sign Up Bonus

instacart app

Applicants for the Instacart Mastercard will receive a $100 Instacart credit, as well as a one-year membership upgrade to Instacart+ immediately upon approval for the credit card.

An Instacart+ membership, previously known as Instacart Express, normally costs $9.99 per month, or $99 per year.

Instacart+ members enjoy a number of premium perks including free delivery on orders over $35; reduced Instacart service fees and earn 5% credit back on eligible pickup orders. Instacart+ members are also able to share their membership benefits with family members using the Family Accounts feature.

Official application link: Apply here for the Instacart Mastercard

Credit Card Benefits

This credit card is a World Elite Mastercard, which comes with the following additional benefits:

  • Complimentary 24/7 concierge service
  • No foreign transaction fees
  • Auto rental collision damage waiver
  • Baggage delay insurance
  • Lost luggage reimbursement
  • Roadside assistance
  • Travel accident insurance
  • Travel and emergency assistance services
  • Purchase protection
  • Extended warranty protection

Travel Protections

The Instacart Mastercard offers valuable travel insurance benefits for a no-annual-fee credit card including no foreign transaction fees, roadside assistance, auto rental collision damage, baggage delay insurance and lost luggage reimbursement.

  • No foreign transaction fees: Many international purchases trigger a surcharge of between 1 to 4 percent per purchase. Using your Instacart Mastercard abroad can save you an average of 3 percent per transaction. 
  • Lost Luggage Reimbursement: If you or an immediate family member check or carry on luggage that is damaged or lost by the travel company, you’ll be reimbursed for up to $3,000 per passenger if you paid for your trip using this credit card.
  • Baggage Delay: When your baggage is delayed by more than six hours on a flight purchased using your Instacart Mastercard, you’ll be reimbursed for essential purchases like toiletries and clothing for purchases of up to $100 a day, for up to 3 days. 
  • Rental Car Insurance: If you decline the optional insurance offered by your rental car company and pay using your Instacart Mastercard, this benefit will cover your rental car in the event of collision damage or theft.

Purchase Protections

Your Instacart Mastercard also offers purchase protection and extended warranty benefits that can help you get the most value out of every purchase you make. 

  • Purchase Protection: Items purchased using the Instacart Mastercard are covered for theft and accidental damage for 120 days from the date of purchase, up to $500 per claim and $50,000 per account.
  • Extended Manufacturer’s Warranty: This coverage offers an additional year of warranty on eligible U.S. manufacturer warranties of three years or less. 

Is the Instacart Mastercard Right for You?

cat with bags of groceries

If you’re an Instacart aficionado, the Instacart Mastercard can be a solid addition to your wallet that will earn 5% cash back on every purchase as well as additional rewards on a slew of other household expenses, all without an annual fee.

However, people who rarely use Instacart may find more earning or redemption flexibility through other credit cards. If you make most of your everyday purchases through Amazon Prime or Target, for example, you can earn the same reward rate of 5% cash back with the Amazon Prime Visa or Target REDCard, both of which do not charge an annual fee. 

If you don’t need a retailer co-branded credit card, the Chase Freedom Flex is a fantastic option that offers a flat 3 percent cash back at restaurants and drugstores and occasional bonuses on grocery store and gas station spending, all with no annual fee.

Official application link: Apply here for the Instacart Mastercard

Featured photo courtesy of Instacart

While we work hard on our research, we do not always provide a complete listing of all available offers from credit-card companies and banks. And because offers can change, we cannot guarantee that our information will always be up to date, so we encourage you to verify all the terms and conditions of any financial product before you apply.

Katherine Fan
Katherine Fan
An avid fan of Slickdeals since 2005, Katherine is passionate about living well without breaking the bank. Katherine has written more than 1,500 articles on personal finance and travel for media publications such as NerdWallet, The Points Guy,, LendingTree and Upgraded Points in addition to Slickdeals.

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