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Friday, April 19, 2024

Instacart Mastercard® Review

Danielle Spurlin

By: Danielle Spurlin

Danielle Spurlin
Danielle Spurlin

With more than 10 years of accounting experience, Danielle has a bachelor's degree from the University of Florida's Fisher School of Accounting and currently manages all accounts receivable and payable for CardRates and its sister brands. She works with credit card issuers and advertising partners to ensure our content meets compliance and regulatory standards.

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Editor: Lillian Guevara-Castro

Lillian Guevara-Castro
Lillian Guevara-Castro

Lillian Guevara-Castro brings more than 30 years of editing and journalism experience to the CardRates team. She has written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times, and she previously served as an adjunct journalism instructor at the University of Florida. Today, Lillian edits all CardRates content for clarity, accuracy, and reader engagement.

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Reviewer: Ashley Fricker

Ashley Fricker
Ashley Fricker

Ashley Fricker has more than a decade of experience as a finance contributor and editor, and has specialized in the credit card industry since 2015. Her credit card commentary is featured on national media outlets that include CNBC, MarketWatch, Investopedia, and Reader's Digest, among many others. She has worked closely with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets to curate comprehensive content and media. Ashley holds a bachelor's degree in multimedia journalism from Florida Atlantic University.

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Instacart Mastercard® Review

Rated 4.6 /5.0 ★★★★★

Are you considering the Instacart Mastercard®? Before you apply for the card, you'll want to learn some key facts about the offer and how it compares to others on the market.

In reviewing the card, our staff rated it a 4.6 out of 5.0.

With no annual fee and high cash back rewards, this card is ideal for Instacart shoppers. You can earn cash back on every purchase you make, not just with Instacart.

Here's a rundown of the key features, rates, and terms of the Instacart Mastercard®:

Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.

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CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.

Instacart Mastercard® Review

at the issuer'ssecure website

BEST OVERALL RATING

★★★★★

4.6

OVERALL RATING

  • 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 travel purchased through the Chase Travel Center, 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
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
20.24% - 28.99% Variable
$0
Good/Excellent

There's certainly a lot to like about the Instacart Mastercard®. Let's dive deeper into the card's rates and fees, as they could make or break whether owning the Instacart Mastercard® is right for you.

Interest Rate & Annual Fee

According to the issuer, the Instacart Mastercard® currently charges the following interest rates on purchases and balance transfers:

  • Purchase Intro: N/A
  • Balance Transfer Intro: N/A
  • Regular APR: 20.24% - 28.99% Variable

Here's the annual fee for the Instacart Mastercard® as listed by the issuer:

  • Annual Fee: $0
See site for details »

Credit Needed for Approval

According to the issuer, the current general credit history requirement for the Instacart Mastercard® is:

  • Credit Level: Good/Excellent

If you feel you have the credit needed for approval and you're ready to apply, you can do so online on the issuer's secure website.

Keep in mind that rates and features may change, so if you like what the Instacart Mastercard® is offering today, you may want to apply now to lock it in current terms before it's too late.

How Does It Rank?

Below are all the ratings our team gives the Instacart Mastercard®, along with the card's ranking within each category. To see how it compares to other cards, simply click on the category name:

(Ranked #36 out of 149)
★★★★★
4.6
(Ranked #15 out of 54)
★★★★★
4.7
(Ranked #29 out of 58)
★★★★★
4.6
(Ranked #22 out of 56)
★★★★★
4.6

Bottom Line on Instacart Mastercard®

Instacart Mastercard® Review

All told, our team's review of the Instacart Mastercard® resulted in a rating of 4.6 out of 5.0, as the card features many pros and cons for a potential cardholder to consider. Ultimately, it's up to you to determine if the card's benefits outweigh its possible drawbacks.

If you're ready to apply for the Instacart Mastercard®, here is the link the issuer's official application:

About the Author

Danielle Spurlin
Danielle Spurlin Finance Expert

With more than 10 years of accounting experience, Danielle has a bachelor's degree from the University of Florida's Fisher School of Accounting and currently manages all accounts receivable and payable for CardRates and its sister brands. She works with credit card issuers and advertising partners to ensure our content meets compliance and regulatory standards.

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Danielle Spurlin