Chase’s Partnership with DoorDash and Lyft Opens Cardholders New Perks
The new year brought holders of the Chase Sapphire Reserve card sad news about an annual fee increase from $450 to $550. Still, this is not a cause for frustration, since the new year also means new perks! This week, Chase introduced a couple of nice benefits for holders of select credit cards, including the Sapphire Reserve. Such generosity is due to recently concluded partnerships with two large service companies.
The first freebie is associated with DoorDash, a San Francisco-based food delivery service. DoorDash is the largest third-party delivery service in the world that works with over 340,000 cafes and restaurants in more than 4,000 cities across the U.S. and Canada.
What Chase cardmembers may get starting on January 12 is a free or discounted DashPass subscription, depending on the card they use. To be more precise, after adding the Chase Sapphire Reserve or the Chase Sapphire Preferred to the DashPass account and activating the subscription, customers will get free DashPass benefits on eligible orders for up to 24 months; with the Chase Freedom and the Chase Slate, they will be provided with access to 3 months of free and 9 more months of 50%-discounted DashPass benefits on eligible orders.
The second hero of the occasion is a ridesharing company Lyft, also based in San Francisco. Lyft currently takes second place among ridesharing companies in the United States covering more than 650 cities in the U.S. and Canada. Using the Lyft mobile app, one can rent a car or scooter, share a bicycle, as well as order food delivery.
Through March 2022, those who own the Sapphire, the Sapphire Preferred, the Ink Preferred, and Ink Plus credit cards will receive 5x points on each Lyft ride. The Freedom, Student, Unlimited, Ink, Cash and Business cards will earn users 5% cash back. But the Sapphire Reserve members will get even more: in addition to increased 10x points on each Lyft purchase, they will be able to enjoy one free year of Lyft Pink subscription membership actual price of which is almost $240.
Latest Low APR Credit Card News
At the beginning of September, Stripe, a San Francisco, CA technology company developing software to make and receive payments over the Internet, announced the launch of their new card for businesses. After a month, the Stripe Corporate Card is in its beta mode and is open to US-based companies. The Stripe Corporate Card is a […]
This week Amazon in cooperation with Synchrony Bank came out with their new Amazon Credit Builder credit card. It is not difficult to guess that the card is aimed at people who need to build or rebuild their credit. So, what is offered to them and is it really worthwhile?
On March 25, Apple Announced their new Apple Card credit card. “Apple Card is designed to help customers lead a healthier financial life, which starts with a better understanding of their spending so they can make smarter choices with their money,” said Jennifer Bailey, Apple’s vice president of Apple Pay.
A new credit card made especially for small business owners gives Amazon Prime members extra cash back on purchases, as well as the ability to choose flexible payment terms in lieu of rewards.
When folks have multiple types of debt they’re trying to pay off, it can be difficult to know which check to write first. But for the many people struggling under student loan debt, it’s important to pay off other loans first, financial experts advise.