Score $50 Instacart Credit Welcome Offer with the Instacart Mastercard

If you order Instacart on the regular, the Instacart Mastercard^® just might help make your shopping trips a little sweeter.

New cardmembers can get a $50 Instacart credit instantly upon approval, plus enjoy solid rewards on every Instacart order and Chase Travel purchase.

For anyone who orders groceries (or everything else) online, this card instantly puts cash back in your cart. Let’s break down why this card is worth considering.

New Instacart Card Welcome Offer

The Instacart card‘s newest welcome offer is generous; you don’t need to meet any minimum spending requirements to receive it:

• Get a $50 Instacart credit automatically upon approval

There’s no annual fee on the Instacart card, which means your $50 welcome credit is pure upside from the start.

If you’re new to Instacart+, it’s the service’s paid membership that sweetens every order—think free delivery on purchases over $35, 5% back on pickup orders, and the ability to share your account with a friend or family member.

Is It Worth It?

With the Instacart card, you’ll earn 5% cash-back on Instacart orders (on your first $6,000 annually) and Chase Travel purchases, 2% cash-back at restaurants, gas stations, and select streaming services, and 1% back on all other purchases, making it a solid everyday rewards card for both groceries and general spending.

Those rates are solid for Instacart orders, but if your goal is squeezing the most value out of every purchase, other credit cards might deliver bigger rewards.

For example, the American Express^® Gold Card has great earning rates for groceries, dining, and travel, plus it offers dining credits and Uber Cash:

• Earn 4x points at restaurants worldwide (up to $50,000 a year, then 1x thereafter)
• Earn 4x points at U.S. supermarkets (up to $25,000 per year; 1x thereafter)
• Earn 3x points on flights booked directly with the airline or AmexTravel.com
• Earn 1x points elsewhere
• Up to $120 dining credit each year (up to $10/month) at participating partners
• Up to $120 Uber Cash each year for orders and rides in the U.S.
• Up to $100 Resy Credit ($50 semi-annually) to dine at U.S. Resy restaurants and other eligible Resy purchases
• Up to $84 Dunkin’ Credit (up to $7/month) redeemable at U.S. Dunkin’ locations.

*Note that benefits may require enrollment through your American Express account.

The Amex Gold card charges an annual fee of $325, but the card’s statement credits and perks more than offset the cost (rates & fees).

More importantly, the American Express Membership Rewards points you’ll earn with the Amex Gold card are a lot more valuable than the cash back you earn with the Instacart card.

We value Amex points at 2.2 cents each, which is more than double the 1 cent you’ll get with the Instacart card.

Put simply, the 4x points you earn on groceries with this card translate to an effective return of 8.8%, easily outpacing the Instacart Mastercard’s 5% cash back.

Final Thoughts

The Instacart card is a solid no-annual-fee option for frequent Instacart shoppers, and its welcome offer sweetens the deal with an instant $50 Instacart credit.

That said, while the card’s 5% cash back on Instacart purchases is attractive, those looking to maximize rewards might find better value elsewhere. Cards such as the Amex Gold card can earn you far more in rewards, though you’ll be charged an annual fee.