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It's been a busy week for Chase. The card issuer announced a range of updates to its suite of credit cards, including a partnership with DoorDash and a higher $550 annual fee for the Chase Sapphire Reserve®.
The latest changes add even more DoorDash benefits alongside Lyft perks to many popular Chase credit cards, including:
- Chase Sapphire Reserve®
- Chase Sapphire Preferred® Card
- Chase Freedom® (no longer accepting applicants)
- Chase Freedom Unlimited®
- Chase Freedom® Student credit card
- Chase Slate® (no longer accepting applicants)
Below, CNBC Select breaks down the new DoorDash and Lyft benefits.
Chase is expanding the DoorDash benefit. Originally, it only included free DashPass (worth up to $200) for a minimum of one year on Sapphire cards and the first three months free then a 50% discount for the next nine months for Freedom and Slate cards. (Valid through December 31, 2021.) DashPass provides free delivery and lower service fees from hundreds of restaurants on orders of $12 or more.
Now Sapphire Reserve cardholders can also benefit from a $60 DoorDash credit in 2020 and an additional $60 credit in 2021.
Chase is also adding new Lyft benefits to eligible cards, effective January 12, 2020. Sapphire Reserve cardholders can benefit from a complimentary year of Lyft Pink membership (worth $19.99 per month), which includes 15% off car rides, relaxed cancellations, priority airport pickups, up to three free 30-minute bike and scooter rides per month and more.
Eligible cardholders can also benefit from increased rewards on Lyft purchases through March 2022. Sapphire Reserve cardholders earn 10X points while Sapphire Preferred cardholders earn 5X points and Freedom, Freedom Unlimited and Freedom Student cardholders earn 5% cash back.
Chase business cardholders can also benefit: Earn 5X points with your Ink Plus® Business Card or Ink Business Preferred® Credit Card and 5% cash back with an Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card.
Learn more about the Lyft benefits here.
Information about the Chase Freedom®, Ink Plus® Business Card, and Chase Slate® has been collected independently by Select and has not been reviewed or provided by the issuer of the cards prior to publication.