Mastercard is introducing two new partnerships to offer cardholders on-demand access to online shopping and grocery delivery with Instacart, alongside access to the streaming service Peacock. These new benefits were strategically chosen to open more opportunities for consumers to spend and save, while also adding to the existing portfolio of everyday value offerings that Mastercard credit cardholders already enjoy.
Online shopping for grocers has grown significantly in recent years, and Mastercard decided by offering Instacart’s membership program, Instacart+, alongside monthly savings, cardholders can enjoy valuable, cost-effective benefits. Peacock has grown to be one of the many popular streaming services available, and 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 free delivery on select orders over a certain size, a reduction in service fees, and credit back on eligible pickup orders.
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.
“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,” says 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.”
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