Chase Instacart Credit Card Review (2023.2 Update: $300 Offer) – US Credit Card Guide

2023.2 Update: The new offer is $300. Offer ends on 02/27. HT: USCardForum juanxincai.

Application Link

Benefits

1. $300 offer: get a $300 Instacart credit after approval.
2. Earn 5% cashback on Instacart app and website; earn 5% cashback on Chase travel portal; earn 2% cashback on restaurants, gas stations, and on select streaming services; and earn 1% on all other purchases.
3. Get 1 free year of Instacart+. You will be charged if you don’t cancel after 1st year.
4. No foreign transaction fee.
5. No annual fee.

Disadvantages

1. Thought it appears to be a no annual fee card, actually you need to remember that Prime Membership costs you some money every year.

Recommended Application Time

1. [5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is. The number of new accounts includes all credit card accounts, not only Chase accounts. See this post for details about how to possibly bypass this rule.
2. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
3. Don’t apply for more than 2 Chase credit cards within 30 days, or it’s highly likely that you will get rejected.
4. We recommend you to apply for this card after you have a credit history for more than a year.

Summary

It’s not attractive unless you spend a ton on Instacart. Note that the stuff on Instacart may be more expensive than the price in physical stores.

After Applying

• Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
• Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn’t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be hand in to the branch or faxed.

Historical Offers Chart

Application Link

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