Chase, which is reportedly one of the largest co-brand card issuers in the U.S., and DoorDash, the local commerce platform, announced plans “to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card.”
The DoorDash Rewards Mastercard will “allow cardmembers to unlock benefits and earn rewards on purchases both on and off the DoorDash platform.”
Usman Cheema, Senior Director of Global Partnerships at DoorDash, said:
“Connecting people with the best of their neighborhoods is core to our mission, and we’re excited to unlock even more of that value for customers with this first-of-its-kind credit card We are thrilled to deepen our relationship with Chase and continue building more everyday shoppable moments for consumers on and off the platform, while empowering the local communities we serve.”
Ed Olebe, President of Chase Co-Brand Cards, said:
“Chase and DoorDash have worked together since 2020 and we’re excited to provide exclusive benefits through their first-ever credit card. The new card is designed for those who love the convenience and options DoorDash provides and want to earn more where they are spending, whether ordering from the broad range of categories available on DoorDash or spending in-person at a favorite neighborhood store.”
Sherri Haymond, executive vice president, Digital Partnerships at Mastercard, stated:
“Mastercard recognizes that today, people are seeking out financial products, technology and benefits that add more value to their everyday lives, Chase and DoorDash share in this vision, and we’re delighted to extend our relationship to deliver a credit offering that meaningfully connects people to the businesses around them, while also providing a one-of-a-kind payments experience.”
The DoorDash Rewards Mastercard is “a World Elite Mastercard® and will offer customers rewards and perks to provide even more value, selection and convenience, including complimentary 24/7 concierge service and access to Mastercard Priceless® Experiences.”
The new co-branded card “expands the current relationship between all three parties.”
Since January 2020, Chase and DoorDash have worked together to offer a range of complimentary DashPass membership perks “to Sapphire®, Freedom®, and Slate® cardmembers in addition to most Chase co-brand cardmembers.”
DashPass is the membership program that more consumers are “using to unlock the best of their neighborhood delivered for less on DoorDash.”
Mastercard and DoorDash first “introduced card benefits together in April of 2021.”