Chase and DoorDash Announce Expansion of Partnership to Include New Grocery Benefits for Chase Sapphire and Other Consumer Branded Cards (2024)

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Chase and DoorDash have expanded their partnership, offering new grocery benefits for Chase Sapphire and other consumer branded cards. The deal extends DashPass membership for eligible Chase cardmembers through 2027 and introduces recurring grocery and convenience benefits. Key features include:

- Sapphire Reserve cardmembers receive two $10 off promos monthly for grocery, convenience, or non-restaurant orders.
- Sapphire Preferred cardmembers get one $10 off promo monthly for similar orders.
- Freedom and Slate cardmembers receive one $10 off promo quarterly for such orders.
- DashPass membership extended or newly offered to various Chase cardholders.

This partnership aims to provide Chase customers with enhanced convenience and savings on DoorDash's platform, which includes over 150,000 grocery, convenience, and non-restaurant stores.

Chase e DoorDash hanno ampliato la loro partnership, offrendo nuovi vantaggi per la spesa per i titolari di carte Chase Sapphire e altre carte di consumo. L'accordo estende l'iscrizione a DashPass per i titolari di carte Chase idonei fino al 2027 e introduce vantaggi ricorrenti per la spesa e la convenienza. Le caratteristiche principali includono:

- I titolari della carta Sapphire Reserve ricevono due promozioni mensili da $10 di sconto per spese di generi alimentari, convenienza o ordini non relativi a ristoranti.
- I titolari della carta Sapphire Preferred ottengono una promozione mensile da $10 di sconto per ordini simili.
- I titolari di carte Freedom e Slate ricevono una promozione da $10 di sconto ogni trimestre per tali ordini.
- L'iscrizione a DashPass è estesa o appena offerta a vari titolari di carte Chase.

Questa partnership mira a fornire ai clienti Chase maggiore convenienza e risparmi sulla piattaforma di DoorDash, che include oltre 150.000 negozi di generi alimentari, convenienza e non ristoranti.

Chase y DoorDash han expandido su asociación, ofreciendo nuevos beneficios de comestibles para los titulares de tarjetas Chase Sapphire y otras tarjetas de consumo. El acuerdo extiende la membresía de DashPass para los titulares de tarjetas Chase elegibles hasta 2027 e introduce beneficios recurrentes para comestibles y conveniencia. Las características clave incluyen:

- Los titulares de la tarjeta Sapphire Reserve reciben dos promociones mensuales de $10 de descuento para compras de comestibles, conveniencia o pedidos no de restaurantes.
- Los titulares de la tarjeta Sapphire Preferred obtienen una promoción mensual de $10 de descuento para pedidos similares.
- Los titulares de las tarjetas Freedom y Slate reciben una promoción de $10 de descuento cada trimestre para tales pedidos.
- Membresía de DashPass extendida o recién ofrecida a varios titulares de tarjetas Chase.

Esta asociación tiene como objetivo proporcionar a los clientes de Chase mayor conveniencia y ahorros en la plataforma de DoorDash, que incluye más de 150,000 tiendas de comestibles, conveniencia y no de restaurantes.

체이스와 도어대시는 파트너십을 확대하였습니다, 차세대 사파이어 카드 및 기타 소비자 브랜드 카드에 대한 신규 식료품 혜택을 제공하고 있습니다. 이 거래는 자격이 있는 체이스 카드 회원에게 DashPass 멤버십을 2027년까지 연장하고 정기적인 식료품 및 편의 혜택을 도입합니다. 주요 특징은 다음과 같습니다:

- 사파이어 리저브 카드 회원은 식료품, 편의점 또는 비레스토랑 주문에 대해 월 10달러 할인 프로모션 두 개를 받습니다.
- 사파이어 프리퍼드 카드 회원은 유사한 주문에 대해 월 10달러 할인 프로모션 하나를 받습니다.
- 자유 및 슬레이트 카드 회원은 그러한 주문에 대해 분기별로 10달러 할인 프로모션 하나를 받습니다.
- 여러 체이스 카드 소지자에게 DashPass 멤버십이 연장되거나 새로 제공됩니다.

이 파트너십은 체이스 고객에게 도어대시 플랫폼에서 150,000개 이상의 식료품, 편의점 및 비레스토랑 상점에서 더 많은 편리함과 절약 혜택을 제공하는 것을 목표로 하고 있습니다.

Chase et DoorDash ont étendu leur partenariat, offrant de nouveaux avantages en matière de produits alimentaires pour les détenteurs de cartes Chase Sapphire et d'autres cartes de consommation. L'accord prolonge l' pour les titulaires de cartes Chase éligibles jusqu'en 2027 et introduit des avantages récurrents pour les courses et la commodité. Les caractéristiques clés incluent :

- Les détenteurs de la carte Sapphire Reserve reçoivent deux promotions mensuelles de 10 $ de réduction pour des courses, de la commodité ou des commandes non liées aux restaurants.
- Les détenteurs de la carte Sapphire Preferred obtiennent une promotion mensuelle de 10 $ de réduction pour des commandes similaires.
- Les détenteurs des cartes Freedom et Slate reçoivent une promotion de 10 $ de réduction chaque trimestre pour de telles commandes.
- L'adhésion à DashPass prolongée ou nouvellement offerte à divers titulaires de cartes Chase.

Ce partenariat vise à fournir aux clients de Chase une meilleure commodité et des économies sur la plateforme DoorDash, qui comprend plus de 150 000 magasins d'épicerie, de commodité et de non-restaurants.

Chase und DoorDash haben ihre Partnerschaft erweitert und bieten neue Lebensmittelvorteile für Chase Sapphire-Karteninhaber und andere Verbraucherkarten an. Das Abkommen verlängert die DashPass-Mitgliedschaft für teilnehmende Chase-Karteninhaber bis 2027 und führt wiederkehrende Lebensmittel- und Bequemlichkeitsvorteile ein. Zu den wichtigsten Funktionen gehören:

- Sapphire Reserve-Karteninhaber erhalten monatlich zwei $10 Rabattaktionen für Lebensmittel, Convenience oder Nicht-Restaurant-Bestellungen.
- Sapphire Preferred-Karteninhaber erhalten monatlich eine $10 Rabattaktion für ähnliche Bestellungen.
- Freedom- und Slate-Karteninhaber erhalten vierteljährlich eine $10 Rabattaktion für derartige Bestellungen.
- Die DashPass-Mitgliedschaft wird für verschiedene Chase-Karteninhaber verlängert oder neu angeboten.

Diese Partnerschaft zielt darauf ab, Chase-Kunden mehr Komfort und Ersparnisse auf der DoorDash-Plattform zu bieten, die über 150.000 Lebensmittel-, Convenience- und Nicht-Restaurantgeschäfte umfasst.

Positive

  • Extension of DashPass membership for eligible Chase cardmembers through 2027
  • Introduction of new recurring grocery and convenience benefits for Chase cardholders
  • Expansion of partnership to include over 150,000 grocery, convenience, and non-restaurant stores on DoorDash
  • Potential for increased user engagement and transactions on DoorDash platform

Negative

  • None.

The expansion of Chase's partnership with DoorDash represents a strategic move in the competitive credit card market. This deal has several key implications:

  • Extended customer retention: By offering DashPass memberships through 2027, Chase is locking in a long-term value proposition for its cardholders, potentially reducing churn rates.
  • Expanded benefits: The introduction of grocery and convenience store benefits broadens the appeal of Chase cards, particularly in the face of changing consumer habits post-pandemic.
  • Competitive positioning: This move helps Chase differentiate its offerings in a crowded market, potentially attracting new customers and retaining existing ones.

From a financial perspective, while specific terms aren't disclosed, such partnerships typically involve revenue-sharing agreements. For Chase, this could mean increased card usage and, consequently, higher interchange fees. For DoorDash, it provides a steady stream of premium subscribers and potential for increased order volume.

The deal's long-term nature (through 2027) suggests both companies see significant strategic value in the partnership. However, it's worth noting that locking into such a long-term agreement could limit flexibility if market conditions or consumer preferences shift dramatically.

Overall, this partnership expansion appears to be a calculated move to enhance Chase's value proposition in the credit card market while providing DoorDash with a stable base of premium users. The true impact on both companies' bottom lines will depend on user adoption rates and changes in consumer behavior over the coming years.

This partnership expansion between Chase and DoorDash is a reflection of evolving consumer trends and market dynamics:

  • Shift in consumer behavior: The inclusion of grocery and convenience store benefits indicates a recognition of the growing demand for online grocery and essentials delivery, accelerated by the pandemic.
  • Competitive landscape: With many credit card issuers offering similar dining and travel perks, this move into grocery and convenience differentiates Chase's offerings.
  • Target demographic: The benefits are tailored to appeal to urban, tech-savvy consumers who value convenience and are comfortable with app-based services.

The extended timeframe of the partnership (through 2027) suggests both companies are betting on the longevity of these trends. However, this also poses some risks:

  • Market saturation: As more players enter the food and grocery delivery space, maintaining customer loyalty could become challenging.
  • Economic factors: An economic downturn could impact consumers' willingness to pay for convenience services, potentially affecting the value of these benefits.

For DoorDash, this partnership provides a steady stream of premium users, which could be important in a highly competitive delivery market. It also helps them expand beyond restaurant delivery, diversifying their revenue streams.

For Chase, the deal could help attract and retain younger, digitally-native consumers who might otherwise be drawn to fintech alternatives. The success of this strategy will largely depend on how well these benefits resonate with target consumers and how effectively both companies can adapt to changing market conditions over the next few years.

DashPass membership for Chase Sapphire and other eligible Chase cardmembers extended through the end of 2027 with the introduction of new recurring grocery and convenience benefits

WILMINGTON, Del. & SAN FRANCISCO--(BUSINESS WIRE)--Chase (NYSE: JPM), the largest credit card issuer in the U.S., announced an extension and expansion of its partnership with DoorDash (NASDAQ: DASH), the premier local commerce platform. Starting today, Chase Sapphire and other eligible Chase cardmembers will receive recurring benefits on orders from over 150,000 grocery, convenience, and non-restaurant stores on DoorDash. This partnership also provides access to a complimentary DashPass membership for existing Chase cardmembers and consumers who sign up now through December 31, 2027. DashPass is DoorDash’s membership program that offers exclusive deals, members-only benefits, and unlimited $0 delivery fees and reduced service fees on eligible orders from thousands of restaurants, grocery, convenience, and non-restaurant stores. Details across Chase include:

Sapphire Reserve®

  • Cardmembers with active, free DashPass memberships will continue to receive the benefit through December 31, 2027.
    • New and existing Sapphire Reserve cardmembers who have not yet activated the DashPass benefit can enroll to receive a complimentary DashPass benefit through December 31, 2027, or a minimum of 12 months, dependent upon the activation date.
  • New: Cardmembers with an activated Sapphire Reserve DashPass membership now receive two promos of up to $10 off each calendar month at checkout on grocery, convenience, or other non-restaurant orders on DoorDash.
  • Sapphire Reserve cardmembers will continue to receive the existing $5 monthly DoorDash in-app credit through January 31, 2025. Beginning February 1, 2025, cardmembers will receive a new monthly benefit for $5 off restaurant orders on DoorDash.

Sapphire Preferred®

  • Cardmembers with active, free DashPass memberships will continue to receive the benefit through December 31, 2027.
    • New and existing Sapphire Preferred cardmembers who have not yet activated the DashPass benefit can enroll to receive a complimentary DashPass benefit through December 31, 2027, or a minimum of 12 months, dependent upon the activation date.
  • New: Cardmembers with an activated Sapphire Preferred DashPass membership now receive one promo of up to $10 off each calendar month at checkout on one grocery, convenience, or other non-restaurant order on DoorDash.

Freedom® and Slate®

  • Cardmembers who have not used the Chase DashPass benefit have until January 31, 2025, to enroll in the current benefit – three months of free membership followed by nine months of discounted DashPass.*
  • New: Starting February 1, 2025, new enrollees will receive six free months of DashPass.*
  • New: Cardmembers who have activated a Freedom or Slate DashPass membership now receive one promo of up to $10 off each quarter at checkout on one grocery, convenience, or other non-restaurant order on DoorDash.

“We’re excited to expand our longstanding partnership with Chase consumer branded cards to become its exclusive grocery and restaurant delivery platform partner,” said Usman Cheema, Global Head of Business Development for DoorDash. “In addition to continuing to offer DashPass as a benefit for eligible cardmembers, we’re proud to unlock more DoorDash savings for Chase cardmembers to order from a wide variety of categories available on DoorDash including grocery and convenience stores. We look forward to continuing our partnership with Chase to connect consumers to all their favorite local stores in a convenient, affordable way.”

“Introducing these new benefits in addition to our ongoing offer of DashPass showcases our commitment in bringing the utmost convenience that we can to our cardmembers’ lives,” said Dana Pouwels, Head of Strategic Card Partnerships at Chase. “We’re pleased to continue our DoorDash partnership and provide our Chase Sapphire and other cardmembers with enhanced offers on grocery and convenience.”

For $9.99/month or $96/year, DashPass members save an average of $5 on every eligible order and since launching in 2018, members have saved over $10 billion globally​​. DashPass is the largest membership program in third-party local commerce and the most affordable way to order on DoorDash.

To learn more or to activate your complimentary DashPass membership, visit the DashPass and Chase sign up page here or download the DoorDash app to add your eligible Chase credit card.

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 $4.1 trillion and operations worldwide. Chase serves more than 82 million consumers and 6.4 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 4,800 branches in 48 states and the District of Columbia, more than 15,000 ATMs, mobile, online and by phone. For more information, go to chase.com.

About DoorDash

DoorDash (NASDAQ: DASH) is a technology company that connects consumers with their favorite local businesses in more than 30 countries across the globe. Founded in 2013, DoorDash builds products and services to help businesses innovate, grow, and reach more customers. DoorDash is your door to more: the local commerce platform dedicated to enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers.

Terms & Conditions

*After the free benefit period ends, membership automatically renews as a paid monthly plan. Terms apply.

Chase and DoorDash Announce Expansion of Partnership to Include New Grocery Benefits for Chase Sapphire and Other Consumer Branded Cards (1)

View source version on businesswire.com: https://www.businesswire.com/news/home/20240801876361/en/

Heather Caufield
Heather.Caufield@chase.com

Mattie Magdovitz
mattie@doordash.com

Source: DoorDash

FAQ

What new benefits does the Chase and DoorDash partnership offer for Sapphire Reserve cardmembers?

Sapphire Reserve cardmembers now receive two promos of up to $10 off each calendar month on grocery, convenience, or other non-restaurant orders on DoorDash, in addition to their existing benefits.

How long is the DashPass membership extended for Chase Sapphire cardholders?

The DashPass membership for Chase Sapphire cardholders is extended through December 31, 2027, or a minimum of 12 months, depending on the activation date.

What benefits do Freedom and Slate cardmembers receive in the expanded DoorDash partnership?

Freedom and Slate cardmembers receive one promo of up to $10 off each quarter on one grocery, convenience, or other non-restaurant order on DoorDash, plus six free months of DashPass for new enrollees starting February 1, 2025.

How many stores are included in the expanded Chase and DoorDash partnership?

The expanded partnership includes over 150,000 grocery, convenience, and non-restaurant stores on the DoorDash platform.

Chase and DoorDash Announce Expansion of Partnership to Include New Grocery Benefits for Chase Sapphire and Other Consumer Branded Cards (2024)

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