up to $15 Per Month

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Instacart


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  • Select Chase credit card holders can now earn up to $15 in monthly credits toward Instacart purchases.
  • This is in addition to previously announced free Instacart+ memberships on Chase Sapphire, Freedom, and Slate cards.
  • These new credits are a good way to save a little money if you use Instacart anyway.
  • Read Insider’s guide to the best rewards credit cards.

Chase’s recent launch of the Instacart Mastercard® is good news for folks who shop with Instacart frequently. The current welcome bonus offer is $100 Instacart credit automatically upon approval, plus a free year of Instacart+ membership. That’s not a bad bonus for a no-annual-fee card.

However, unless you’re a regular customer, opening the Chase Instacart credit card might not make sense since its highest cash-back rate (5%) is reserved for Instacart purchases. But now, if you have certain other Chase credit cards, you can activate a free Instacart+ membership and receive statement credits toward Instacart purchases.

Starting August 1, 2022, Sapphire, Freedom, and Slate cardholders get up to $15 in monthly credit toward Instacart purchases, depending on their card. This is in addition to previously announced free Instacart+ memberships on the same cards for up to one year.

Here’s what to know about these new Chase Instacart credits, and how to enroll if you want to use the benefit.

We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Chase and Instacart offer statement credits, free Instacart+

Regular APR

18.49% – 25.49% Variable

Recommended Credit Score

Good to Excellent

Regular APR

18.49% – 25.49% Variable

Recommended Credit Score

Good to Excellent

More information

  • New Offer: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

As you might expect, these new Instacart benefits are more generous than Chase cards that charge an annual fee. But even if you have a no-annual-fee card like the popular Chase Freedom Flex℠ or Chase Freedom Unlimited®, you can still take advantage. Enrollment is required by July 31, 2024, and you can do so on Chase’s Instacart site.

Instacart+ membership can save you a lot of money if you order from Instacart often. Usually, this service costs $99 per year (or $9.99 per month), and it comes with free delivery on orders over $35 and reduced service fees.

Here’s what you’ll receive with each card:

The credits on the Chase Sapphire Reserve® are particularly generous, at up to $15 per month. If you maximize this benefit, you can save up to $180 per year (not counting the $99 value from the Instacart+ membership). That can go a long way to helping offset the card’s $550 annual fee.

Otherwise, you’re looking at a maximum value of $60 per year with the Chase Sapphire Preferred® Card ($95 annual fee) or $40 per year with the no-annual-fee Freedom cards. That may not seem like much, and probably isn’t a good enough reason to start using Instacart — but if you’re already an Instacart user, it’s a nice little savings.

How to activate the Chase Instacart benefits

Cardholders must enroll for their free Instacart+ membership and statement credits toward Instacart purchases; it’s not automatic.

To activate, add your card details to your Instacart account; the enrollment option should populate once you do so.

Screenshot of Chase Sapphire Reserve Instacart offer showing details of free Instacart+ membership and up to $15 per month in statement credits.


Chase


Also, be sure to set a calendar reminder to cancel prior to the expiration date of your free Instacart+ membership. If you don’t intend to keep using it and forget to cancel, your card will be charged for another full year of membership at the current rate.

To take advantage of the statement credit, you’ll have to use your qualifying Chase card for your Instacart purchase. If you have multiple cards on their Instacart account, you’ll want to make sure you select the correct card before the transaction goes through, otherwise, you won’t get the credit.

You can find out more about how to earn the most rewards for your grocery spending in our guide to the best grocery credit cards.

Regular APR

16.49% – 25.24% Variable

Recommended Credit Score

Good to Excellent

Regular APR

16.49% – 25.24% Variable

Recommended Credit Score

Good to Excellent

More information

  • Intro Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most US checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49% – 25.24%.
  • No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.

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