Instacart Rewards
Estimated value: 1.0¢ per point
Instacart Rewards is the cashback program for the Instacart Mastercard® issued by Chase. Cardholders earn 5% cash back on qualifying Instacart purchases (up to $6,000/year, then 1%), 5% on Chase Travel, 2% at restaurants, gas stations, and select streaming services, and 1% everywhere else. Cash back can be redeemed as a statement credit, direct deposit, Chase travel booking, or used to pay for orders in the Instacart app. Best for: frequent Instacart shoppers who want to maximize cash back on grocery delivery.
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Understand how Instacart Rewards fits your rewards plan.
Use the program facts below to decide whether to earn, transfer, or simply keep this program on your shortlist.
Cards in This Program
1.0¢
per point (baseline)
Cashback redemption options (1 cent/point equivalent): - Statement credit: redeem anytime - Direct deposit to checking/savings - Chase travel bookings - Pay with Points in the Instacart app All redemption options provide equal 1 cent per point value. No optimization needed.
Instacart Mastercard® earn rates: - 5% on Instacart purchases (first $6,000/year, then 1%) - 5% on Chase Travel - 2% at restaurants - 2% at gas stations - 2% on select streaming services - 1% everywhere else Tips: - The $6,000 annual cap on 5% Instacart earnings resets each calendar year - Chase Travel bookings earn 5% — book flights and hotels through the Chase portal to maximize - Restaurant orders on Instacart powered by Uber Eats may not qualify for the 5% Instacart rate