How To Use The Chase Sapphire Reserve $60 DoorDash Statement Credit
While the Chase Sapphire Reserve is one of the best travel-focused credit cards, it also includes a variety of dining benefits. The most notable is the $120 DoorDash statement credit ($60 in 2020 and $60 in 2021).
Considering the Chase Sapphire Reserve has a $550 annual fee, this is a great way to offset it a little in 2020 and 2021 ($550 – $60 = $490). In addition to the statement credits, Sapphire Reserve cardholders are also eligible for a complimentary one-year DashPass membership. Cardholders also earn 3x Chase Ultimate Rewards points on all DoorDash orders.
If you are not familiar with DoorDash, it is similar to GrubHub and Uber Eats. It is a third-party service allowing you to place delivery orders at a variety of different restaurants. DoorDash also allows you to opt for pickup if you want to avoid delivery fees and tip. You must use this year’s credit by December 31, 2020. Next year’s credit must be used by December 31, 2021.
How to Earn Chase Sapphire Reserve DoorDash Statement Credits
Earning DoorDash statement credits via your Sapphire Reserve card is easy and requires no activation. Simply place a delivery or pickup order through the DoorDash app or website using your Chase Sapphire Reserve credit card.
After the transaction posts, you will receive a statement credit equal to your DoorDash order total. This total includes delivery fees, taxes, and tip. The credit usually comes within days of placing your order, so there are no upfront costs. For example, if you spend $15 at McDonald’s, you will see a statement credit for $15 offsetting it.
If you are familiar with the Sapphire Reserve annual $300 travel credit, it works the same way. Using both credits in a year drops the net annual fee to only $190 ($550 – $300 – $60).
How Do I See How Much of the DoorDash Credit I Have Left?
You can see your remaining DoorDash credit balance within your account in the Card Benefits section. Navigate to the Featured Benefits area, and you will see how much of the credit you have already used.
When you go over the $60 threshold, you will be reimbursed for every dollar up to $60. For example, if you have already used $50 and place a $25 order, you will receive a $10 credit and be on the hook for the remaining $15.
Do Chase Sapphire Preferred Cardholders Get a DoorDash Statement Credit?
Currently, the $120 in DoorDash statement credits is only available to Chase Sapphire Reserve cardholders. While Chase Sapphire Preferred cardholders do not receive statement credits, they are eligible for a complimentary one-year DashPass membership. Additionally, Sapphire Preferred cardholders earn 2x Chase Ultimate Rewards points on all DoorDash orders.
Chase Sapphire Reserve Cardholders Also Get a Free One-Year DashPass Membership.
To sweeten the deal, Sapphire Reserve cardholders are entitled to at least a year of free DashPass. This is DoorDash’s premium membership, and it includes the following benefits.
- $120 in Savings Per Year (DashPass costs $9.99 per month)
- $0 Delivery Fees on Orders $12 or More
- Reduced Services Fees on Orders $12 or More
Every restaurant does not qualify for DashPass benefits, but DoorDash has a handy filter option to find the ones that do. To activate your complimentary one-year DashPass membership, add your Chase Sapphire Reserve card information to the saved payment methods within your account. You will receive a prompt to begin your membership.
Depending on when you sign up, your membership will be valid for 12 to 24 months. Chase Sapphire Preferred cardholders are also eligible for at least a year of free DashPass.
No activation is required. Simply use your Chase Sapphire Reserve for DoorDash purchases to receive statement credits.
Cardholders are eligible for a total of $120 in DoorDash statement credits ($60 in 2020 and $60 in 2021).
Yes, both pickup and takeout orders are eligible for the statement credit.
The Vacationer’s Final Thoughts
The $120 DoorDash credit is essential for getting the most out of your Chase Sapphire Reserve card. It is essentially free money and eats into the $550 annual fee in 2020 and 2021. With the option for pickup or delivery, DoorDash provides a ton of flexibility for using the credit.
In addition to the credit, cardholders still enjoy 3x Chase Ultimate Rewards points on DoorDash orders.
Featured Image by mohamed Hassan via Pixabay
Get The Vacationer Newsletter
Get highlights of the most important news delivered to your email inbox