DoorDash Rewards Mastercard review: Some value, but there are better options for your wallet

The primary cardholder and up to one authorized user will receive 12 months of complimentary DashPass after approval with no spending requirement. Once you’re enrolled in DashPass, it will auto-renew, so you’ll need to cancel before your renewal date if you don’t want to pay for the membership.

The DoorDash Rewards Mastercard is issued by Chase, which means it likely is affected by the bank’s 5/24 rule. The way this rule works is, you won’t be approved for a Chase credit card if you’ve opened five or more credit cards from any bank in the past 24 months (many business credit cards don’t count toward your 5/24 status).

Earning

The DoorDash Rewards Mastercard earns cash back at the following rates:

• 4% cash back on DoorDash and Caviar
• 3% cash back on dining when purchased directly from a restaurant
• 2% cash back on grocery stores
• 1% cash back on all other purchases

Redeeming

This is a cash-back credit card, which makes redeeming the rewards you earn easy. You can use your rewards to pay for DoorDash and Caviar orders when you check out. The cash back you earn can also be redeemed for gift cards and as a statement credit or direct deposit.

The DoorDash Rewards card has no foreign transaction fees and no annual fee. There is no introductory APR offer and the standard APR is variable and ranges between 20.24% – 28.99%. The balance transfer fee is $5 or 5% of the amount of each transfer, whichever is greater. And balance transfers have a variable APR of 20.24%-28.99%.

The Capital One SavorOne Cash Rewards Credit Card earns 3% back on dining, entertainment, streaming services and grocery stores. This is just 1% less than what the DoorDash Rewards card earns on DoorDash and Caviar orders. But the Capital One SavorOne’s 3% back on dining also extends to delivery options that would only earn 1% back with the DoorDash card. If you’re willing to venture beyond DoorDash for food delivery, the Capital One SavorOne offers 10% back on Uber and Uber Eats orders and Uber One membership fee credits through Nov. 14, 2024.

The Capital One Savor One card also has no annual fee and a welcome bonus worth double what the DoorDash Rewards card offers. New cardholders can earn a $200 cash bonus after spending $500 within the first three months of account opening. And they can also take advantage of a generous 0% intro APR on purchases and balance transfers for the first 15 months (then a 19.99% – 29.99% variable APR). A fee of 3% on the amouned applies to balance transfers within the first 15 months.

DoorDash Rewards Mastercard vs. U.S. Bank Altitude® Go Visa Signature® Card

If you want a no-annual-fee card that maximizes your rewards on dining, takeout and delivery, consider the U.S. Bank Altitude® Go Visa Signature® Card because it earns 4X points on those categories. And the points you earn with the Altitude Go card are worth one cent each for a variety of redemptions. This means you’re essentially earning 4% back when spending at any restaurant or with any of the popular delivery services. In other words, you won’t be missing out on valuable rewards if DoorDash doesn’t deliver from your favorite restaurant.

The U.S. Bank Altitude Go card also has a worthwhile welcome bonus and 0% intro APR offer. You can earn 20,000 bonus points (worth $200) after spending $1,000 on the card in the first 90 days. The introductory 0% intro APR offer applies to purchase and balance transfers for the first 12 months, then a variable 18.24%-29.24% APR applies. The balance transfer fee is the greater of $5 or 3% of the amount transferred.

The DoorDash Rewards card could be valuable for anyone who wants to maximize their return on DoorDash purchases. But it’s more of a supporting player than the star of the show when it comes to your cards. If you’re opening your first rewards credit card or only want to have one credit card in your wallet, the DoorDash Rewards Mastercard may not be the best choice.

It earns a generous return for DoorDash and Caviar orders, but other cards are just as rewarding for more types of purchases. And the card’s welcome bonus offer isn’t as valuable as what you can earn with other no-annual-fee cards. If you’re interested in a free DashPass membership, many other Chase credit cards offer complimentary DashPass membership on top of a standard intro bonus and other benefits.

The DoorDash Rewards Mastercard is a co-branded credit card aimed at DoorDash fans. It has many useful perks and is a rewarding cash-back card for DoorDash purchases. However, other no-annual-fee cards are just as lucrative for a wider swath of spending and come with better intro bonuses.

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