DoorDash Rewards Mastercard®

DoorDash Rewards Mastercard® Review

This is a cashback card issued by Chase Bank. If you're wondering whether DoorDash Rewards is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 4x.
• $100 limited time bonus after spending $500 on purchases in the first 3 months from account opening to qualify.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 19.49% up to 28.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. DoorDash Rewards Mastercard® charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, purchase protection, trip cancellation insurance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of DoorDash Rewards

The Good	The Bad
No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Identity Theft Protection. Trip cancellation insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. DoorDash Rewards Mastercard® reports to multiple credit bureaus.	Higher than average purchase APRs. You need good credit to qualify. Charges a 5% balance transfer fee.

DoorDash Rewards FAQ

Does DoorDash Rewards have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 4% for purchases in a bonus category.

DoorDash Rewards Rewards

Minimum rewards rate	1x
Max rewards rate	4x
Annual rewards limit	N/A
Signup Bonus ($)	$100
Signup Bonus Spend Requirement	$500
Signup Bonus Spend Period (months)	3 months

What are the DoorDash Rewards benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for DoorDash Rewards?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

DoorDash Rewards Mastercard® has a variable purchase APR that ranges from 19.49% up to 28.24%. The card has a variable balance transfer APR that ranges from 19.49% up to 28.24%. It also has a variable cash advance APR of 29.49% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for DoorDash Rewards?

The following fees apply:

DoorDash Rewards Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does DoorDash Rewards Mastercard® report your account activity to credit bureaus?

Yes, DoorDash Rewards Mastercard® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for DoorDash Rewards

• Visit the DoorDash Rewards website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.