How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Instacart Mastercard® Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
3.7
Instacart Mastercard®
Sign-Up Bonus
Get a $50 Instacart credit automatically upon approval.
Rewards Rate
Earn 5% cash back on Instacart app, Instacart.com and Chase Travel purchases, 2% cash back at restaurants, gas stations and on select streaming services and 1% cash back on all other purchases.
Annual Fee
$0
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the Instacart Mastercard® best for?

If you enjoy the convenience of having your groceries delivered on a regular basis, you may want to consider a credit card that offers rewards on those purchases — like the recently launched Instacart Mastercard® from Chase.

Along with a generous cash back rate on purchases you make in the Instacart app and on Instacart.com, the card offers an Instacart credit and a complimentary one-year Instacart+ membership upon approval. Just know, the annual membership will automatically renew after the first year — but you can cancel anytime.

We highlight the pros and cons of the Instacart Mastercard®, and show how it compares to other credit cards that offer cash back on groceries.

Instacart Mastercard® overview

    • Best Offer: Get a free year of Instacart+ and a $100 Instacart credit automatically upon approval. Membership auto-renews. Terms apply.
    • Earn 5% cash back on Instacart app and Instacart.com purchases
    • Earn 5% cash back on Chase Travel℠ purchases, including flights, hotels, and more
    • Earn 2% cash back at restaurants, gas stations and on select streaming services
    • Earn 1% cash back on all other purchases
    • No annual card fee
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720 850
    Good / Excellent
  • Free delivery on all purchases over $35
  • Ability to share Instacart benefits with family members
  • 5% back on eligible pickup orders
  • $0 foreign transaction fees
  • Tap and pay technology

Intro Purchase APR

N/A

Regular Purchase APR

20.24% - 28.99% Variable

Intro BT APR

N/A

Regular BT APR

20.24% - 28.99% Variable

Annual Fee

$0

Cash Advance Fee

Either $10 or 5% of the amount of each transaction, whichever is greater.

Foreign Transaction Fee

$0

Balance Transfer Fee

Either $5 or 5% of the amount of each transfer, whichever is greater.

Pros and cons of the Instacart Mastercard®

  • Cash back rewards
  • Free one-year Instacart+ membership
  • $0 annual fee
  • Instacart+ membership fee after first year
  • No elevated rewards on grocery purchases made in-store
  • No intro APR

What we like about the Instacart Mastercard®

  • Cash back rewards

    Instacart Mastercard® cardholders earn 5% cash back on Instacart app, Instacart.com and Chase Travel purchases, 2% cash back at restaurants, gas stations and on select streaming services and 1% cash back on all other purchases.

    Rewards can be redeemed for direct deposits, statement credits and travel. You can also use rewards to pay for all or part of your purchases in the Instacart app or on Instacart.com.

  • Free first-year Instacart membership

    Get a $50 Instacart credit automatically upon approval.

    Instacart+ membership includes free delivery for orders over $35, lower service fees, 5% back on eligible pickup orders and the ability to add family members to your membership.

  • Annual fee

    The Instacart Mastercard® charges a $0 annual fee.

What to watch out for with the Instacart Mastercard®

  • Instacart+ membership fee after first year

    After a year, your Instacart+ membership will automatically renew into an annual membership for $99 per year. Note, however, that you can cancel your membership at anytime.

  • Grocery purchases made in-store do not earn higher rate

    If you use your Instacart Mastercard® to make purchases inside of grocery stores, you’ll only earn 1% cash back on those purchases.

    That said, the Instacart Mastercard® does offer 5% back on eligible pickup orders.

    Interested in earning cash back on groceries?

  • No intro APR on purchases

    If you carry a balance on your Instacart Mastercard® month over month, you’ll be subject to interest charges at an APR of 20.24% - 28.99% variable.

    Therefore, if you plan to finance large purchases and pay them off over time, you may be better off with a card that offers a 0% intro APR for a year or longer.

Alternative rewards card to the Instacart Mastercard®

Compare it to the Blue Cash Preferred® Card from American Express

| Disclosures
Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express
apply-now-icon Apply Now
on American Express's secure site
Rates & Fees
| Terms Apply
0% on purchases for 12 months
19.24%-29.99% Variable
$0 intro annual fee for the first year, then $95.
Earn 6% Cash Back at U.S. supermarkets on up to $6,000 per
  • Earn a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low Intro APR: 0% on purchases and balance transfers for 12 months from the date of account opening. After that, your APR will be a variable APR of 19.24% - 29.99%.
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations.
  • 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit on Amazon.com at checkout.
  • $84 Disney Bundle Credit: With your enrolled Blue Cash Preferred Card, spend $9.99 or more each month on an auto-renewing Disney Bundle subscription, to receive a monthly statement credit of $7. Valid only at Disney Plus.com, Hulu.com or Plus.espn.com in the U.S.
  • Terms Apply.
660 720 850
Good / Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


 
If you want the opportunity to earn a generous rewards rate on groceries purchased through the Instacart app as well as inside U.S. supermarkets, the Blue Cash Preferred® Card from American Express is a great alternative.

The card lets you earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), 1% Cash Back on other purchases. Terms apply. Cash back is earned in the form of Rewards Dollars, which can be redeemed for statement credits or at Amazon.com.

The Blue Cash Preferred® Card from American Express also lets new card members earn a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months.

Unlike the Instacart Mastercard®, the Blue Cash Preferred® Card from American Express comes with an intro APR of 0% on purchases for 12 months. After that, a 19.24%-29.99% Variable APR applies. This is ideal if you need to finance a large purchase and pay it off over time (though we do recommend paying your credit card balance in full each month).

Just be aware, the Blue Cash Preferred® Card from American Express charges an annual fee of $0 intro annual fee for the first year, then $95. and caps the elevated cash back rate at U.S. supermarkets to the first $6,000 spent annually. Still, if you max out that amount, you can earn $360 cash back on those purchases alone each year.

You should also know that the following merchants are not included in the U.S. supermarket category — and, therefore, only earn the 1% cash back rate: specialty food stores, small corner grocery stores, gourmet shops, online superstores (like Amazon), warehouse clubs and meal-kit delivery services.

*To see rates & fees for Blue Cash Preferred® Card from American Express, please click here.

Is the Instacart Mastercard® right for you?

If you regularly shop for groceries using the Instacart app, the Instacart Mastercard® provides a great opportunity to earn a generous cash back rate on those purchases, as well as an Instacart credit and a free Instacart+ membership the first year.

But if you want more flexibility on where you can earn your grocery rewards, the Blue Cash Preferred® Card from American Express may be a better fit. Along with a high cash back rate at U.S. supermarkets (which includes groceries purchased through the Instacart app), the card offers elevated rewards on select U.S. streaming subscriptions, at U.S. gas stations and on transit. The card does, however, charge a $0 intro annual fee for the first year, then $95.

And if you want to earn cash back on U.S. supermarket purchases, but don’t want to commit to paying an annual fee, you may want to consider the Blue Cash Everyday® Card from American Express. The charges a $0 annual fee and offers 3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%. 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, then 1%. 3% Cash Back at U.S. gas stations, on up to $6,000 per year in purchases, then 1%. 1% cash back on other purchases. Terms apply.

Learn More
on Chase's secure site
*To see rates & fees for Blue Cash Preferred® Card from American Express, please click here.
*To see rates & fees for Blue Cash Everyday® Card from American Express, please click here.

The information related to the Instacart Mastercard® has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.