Chase has officially launched the DoorDash credit card. Unfortunately the value proposition of this new card isn’t very good, but let’s take a look.
- $100 limited time bonus when you spend $500+ within the first three months
- Free year of DashPass
- Card earns at the following rates:
- 4% cash back on DoorDash and Caviar orders
- 3% cash back on dining
- 2% cash back at grocery stores
- 1% cash back on all other purchases
- No annual fee
I can’t see any real reason why you would want to sign up for this card given the current rewards structure and sign up bonus.
Source: doctorofcredit.com