Chase, DoorDash and Mastercard Announce Partnership to Launch Credit Card
27 September 2022 - 11:00PM
Business Wire
DoorDash Rewards Mastercard® will provide
cardmembers opportunities to save and earn rewards on purchases
both on and off the DoorDash platform
Chase, the largest co-brand card issuer in the U.S., and
DoorDash, the local commerce platform, today announced plans to
launch the first-ever DoorDash credit card, with Mastercard as the
exclusive payments network for the new card. The DoorDash Rewards
Mastercard will allow cardmembers to unlock benefits and earn
rewards on purchases both on and off the DoorDash platform.
“Connecting people with the best of their neighborhoods is core
to our mission, and we’re excited to unlock even more of that value
for customers with this first-of-its-kind credit card,” said Usman
Cheema, Senior Director of Global Partnerships at DoorDash. “We are
thrilled to deepen our relationship with Chase and continue
building more everyday shoppable moments for consumers on and off
the platform, while empowering the local communities we serve.”
“Chase and DoorDash have worked together since 2020 and we’re
excited to provide exclusive benefits through their first-ever
credit card,” said Ed Olebe, President of Chase Co-Brand Cards.
“The new card is designed for those who love the convenience and
options DoorDash provides and want to earn more where they are
spending, whether ordering from the broad range of categories
available on DoorDash or spending in-person at a favorite
neighborhood store.”
“Mastercard recognizes that today, people are seeking out
financial products, technology and benefits that add more value to
their everyday lives,” said Sherri Haymond, executive vice
president, Digital Partnerships at Mastercard. “Chase and DoorDash
share in this vision, and we’re delighted to extend our
relationship to deliver a credit offering that meaningfully
connects people to the businesses around them, while also providing
a one-of-a-kind payments experience.”
The DoorDash Rewards Mastercard is a World Elite Mastercard® and
will offer customers rewards and perks to provide even more value,
selection and convenience, including complimentary 24/7 concierge
service and access to Mastercard Priceless® Experiences.
The new co-branded card expands the current relationship between
all three parties. Since January 2020, Chase and DoorDash have
worked together to offer a range of complimentary DashPass
membership perks to Sapphire®, Freedom®, and Slate® cardmembers in
addition to most Chase co-brand cardmembers. DashPass is the
industry-leading membership program that more consumers are using
to unlock the best of their neighborhood delivered for less on
DoorDash. Mastercard and DoorDash first introduced card benefits
together in April of 2021.
About Chase Chase is the
U.S. consumer and commercial banking business of JPMorgan Chase
& Co. (NYSE: JPM), a leading financial services firm based in
the United States with assets of $3.8 trillion and operations
worldwide. Chase serves more than 66 million American households
and 5 million small businesses with a broad range of financial
services, including personal banking, credit cards, mortgages, auto
financing, investment advice, small business loans and payment
processing. Customers can choose how and where they want to bank:
More than 4,700 branches in 48 states and the District of Columbia,
16,000 ATMs, mobile, online and by phone. For more information, go
to chase.com.
About DoorDash DoorDash
(NYSE: DASH) is a technology company that connects consumers with
their favorite local businesses in 27 countries across the globe.
Founded in 2013, DoorDash builds products and services to help
businesses innovate, grow, and reach more customers. DoorDash is
building infrastructure for local commerce, enabling merchants to
thrive in the convenience economy, giving consumers access to more
of their communities, and providing work that empowers. With
DoorDash, there is a neighborhood of good in every order.
About Mastercard Mastercard
is a global technology company in the payments industry. Our
mission is to connect and power an inclusive, digital economy that
benefits everyone, everywhere by making transactions safe, simple,
smart and accessible. Using secure data and networks, partnerships
and passion, our innovations and solutions help individuals,
financial institutions, governments and businesses realize their
greatest potential. Our decency quotient, or DQ, drives our culture
and everything we do inside and outside of our company. With
connections across more than 210 countries and territories, we are
building a sustainable world that unlocks priceless possibilities
for all. www.mastercard.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220927005484/en/
For further information:
Chase: Heather Caufield, Chase Communications
heather.caufield@chase.com
DoorDash DoorDash Comms press@doordash.com
Mastercard: Alyssa Rosenblatt, Mastercard Communications
Alyssa.rosenblatt@mastercard.com
JP Morgan Chase (NYSE:JPM)
Historical Stock Chart
From Apr 2024 to May 2024
JP Morgan Chase (NYSE:JPM)
Historical Stock Chart
From May 2023 to May 2024