- Mastercard’s U.S. consumer credit card products empower
cardholders with access to over $60bn+ in meaningful rewards and
benefits [1]
- New offerings with Instacart and Peacock bring value directly
to consumers where they frequently spend
Today, every Mastercard cardholder in the U.S. has access to
valuable benefits, including critical safety, security and identity
protections. As the cost of everyday necessities like groceries and
gas continues to rise, access to the billions of dollars in rewards
and benefits that Mastercard provides is more important than
ever.
Mastercard is introducing on-demand access to online shopping
and grocery delivery with Instacart, alongside its first
streaming service subscription offering with Peacock on its
consumer rewards credit cards*. These new benefits strategically
impact areas where consumers frequently spend and add to the
existing portfolio of everyday value offerings, such as rideshare,
shopping and travel, that Mastercard credit cardholders already
enjoy.
Consumers continue to embrace the convenience and efficiency of
online shopping for groceries - and their appetite is growing [2].
By offering Instacart’s membership program, Instacart+, alongside
monthly savings, Mastercard is providing a valuable, cost-effective
benefit for its cardholders. Further, understanding that over three
quarters of the U.S. population enjoy digital streaming
services,[3] Mastercard is creating value for cardholders by
providing cost-effective access to Peacock’s premium streaming
platform.
“Now more than ever, consumers are looking for benefits and
savings that meet their everyday needs,” said Seema Chibber, EVP of
Credit, North America, Mastercard. “By adding on-demand grocery
delivery and streaming services to our existing suite of card
benefits, we remain committed to providing cardholders a
combination of benefits that provide meaningful value and enhance
the lifestyles they have built.”
Eligible Mastercard consumer rewards credit card cardholders can
now access the new benefits with Instacart and Peacock that provide
meaningful value on their everyday purchases, specifics
including:
- Instacart: Eligible World Mastercard and World Elite
Mastercard cardholders who are new to the Instacart+ membership
program will receive a two-month free trial and $10 off their
second eligible Instacart purchase each month. Cardholders will
also be eligible for perks like no delivery fees on orders over a
certain size, reduced service fees, and credit back on eligible
Pickup orders. With Instacart’s broad selection of local retailers,
customers can shop for everything on their list from groceries and
household items, pet supplies, electronics, beauty, home
improvement, sporting goods and much more.[4]
- Peacock: Eligible World Mastercard and World Elite
Mastercard cardholders new to Peacock Premium will receive a $3
statement credit on the Peacock Premium monthly streaming
subscription. Eligible World Elite Mastercard cardholders will
receive a $5 statement credit on the Peacock Premium+ monthly
streaming subscription. Additionally, Mastercard cardholders will
have access to Priceless Experiences such as NBCUniversal’s iconic
parks and studios across the country, BravoCon and much
more.[5]
“This new embedded benefit builds on Instacart and Mastercard's
strong partnership, which includes powering shopper credit cards
and co-branding our consumer credit card,” said Heather Rivera,
Vice President of Strategy, Corporate Development, and
Partnerships, Instacart. “Instacart has become an indispensable
service for millions of customers across North America and we're
excited for cardholders to experience the ease and convenience of
shopping with Instacart. And with an Instacart+ membership,
cardholders will save both time and money through member-only
perks.”
“We think of Peacock as a consumer first business, and with the
consumer at the heart of Mastercard’s benefits and rewards program,
this partnership is a natural fit for both brands,” said Annie Luo,
Executive Vice President, Global Partnerships and Strategic
Development, Peacock. With upcoming great content like the
exclusive NFL games, the much-anticipated horror movie “Five Nights
at Freddy’s” and originals like “The Continental” and “Apples Never
Fall”, this is a perfect time to introduce Peacock to Mastercard’s
expansive customer base as its first streaming benefit.”
Recent polling shows that 85% of American consumers own a
rewards credit card, and the vast majority of respondents – 95% –
say that redeemable rewards and points are a deciding factor when
choosing a credit card [6]. The new benefits from Instacart and
Peacock add to the $60bn+ in rewards and benefits that Mastercard
make available to U.S. cardholders through its consumer credit card
rewards products, focused on providing cardholders digital safety
and security, travel and valuable experiences. From partners like
Lyft and ShopRunner, to unique access through Mastercard Travel
& Lifestyle Services, and with the safety and security
protections from Mastercard Global Services, McAfee, ID Theft and
others, Mastercard’s offerings help empower cardholders and enhance
every transaction with essential benefits.
Mastercard is equally dedicated to understanding and investing
in the evolving needs of the nation’s vital small businesses. A
long-standing champion and supporter of America’s small business
owners, Mastercard provides tailored benefits that enhance daily
operations, protect them against fraud and cyber-attacks, help them
digitize, and deliver significant savings.
More than just a payment method, Mastercard’s U.S. Small
Business Credit Cards are a small business owner’s silent growth
partner. They provide access to over $10bn in rewards and
benefits[7] that support daily operations, business protection, and
growth, and enable access to cashback and rewards that can be
reinvested into their businesses. From funding equipment purchases
to combating inflation, credit card benefits equip small businesses
with tools to thrive and grow.
For additional information and the full terms and conditions
associated with the Mastercard World and Mastercard World Elite
offerings, cardholders can visit www.mastercard.com/world or
www.mastercard.com/worldelite or call 1-800-MASTERCARD.
*Consumer rewards credit card products refer to World Mastercard
and World Elite Mastercard Consumer Credit Cards
[1] Based on value of rewards available to cardholders on
consumer rewards credit cards in circulation, 12 month assessment,
Q2’22-Q2-’23. Rewards and benefits vary by card type.
[2] Mintel, US Grocery Retail In Store and Online, 2022
(mintel.com)
[3] Mintel, US Steaming Video, 2022 (mintel.com)
[4] Instacart: Offer expires 03/31/2025. Eligible US World and
World Elite Mastercard® cardholders, new to Instacart+, can receive
2 months of Instacart+ and $10 off on their second qualifying order
of $10 or more, each month. Additional terms apply. For full terms
and conditions please visit
www.instacart.com/p/mastercard-offer
[5] Peacock: Premium and Premium Plus: Ends 3/31/25, subject to
early termination. $3 monthly statement credit when using
Mastercard World or World Elite card for and new to Peacock Premium
plan. $5 monthly statement credit when using Mastercard World Elite
card for Peacock Premium Plus plan. Eligibility restrictions,
exclusions, and terms apply. For full terms, see [link].
[6] NAM Mastercard Insights, Consumer Benefits Study, Sept. 2023
- 95%: percentage of respondents who declare rewards are
somewhat/very/extremely important to them.
[7] Based on value of rewards available to cardholders on Small
Business credit cards in circulation, Q2-’23. Rewards and benefits
vary by card type.
ABOUT MASTERCARD (NYSE:
MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
www.mastercard.com
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version on businesswire.com: https://www.businesswire.com/news/home/20231005636719/en/
Mastercard Media Contacts Alyssa Rosenblatt
Alyssa.Rosenblatt@mastercard.com
Margaret Williams Margaret.Williams@mastercard.com
Instacart Media Contact Instacart Press Team
press@instacart.com
Peacock Media Contact Pat Bunting
Pat.Bunting@nbcuni.com
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