Page 123 - Credit Matrix: The Path to Financial Liberation Red Contract

Hack #15 The Door Dash Instacart Credit Method

**Understanding the Strategy**

The Door Dash Instacart Credit Method is an ingenious financial strategy that
combines the convenience of food delivery services with credit building. This
method is particularly effective for those who regularly use Door Dash for meals
or Instacart for grocery shopping. By using a credit builder card to purchase gift
cards for these services, you can enhance your credit profile while managing
your food expenses efficiently.

**How It Works**

1. **Purchasing Gift Cards with a Credit Builder Card**: Start by obtaining a Door
Dash or Instacart gift card using a credit builder card. Let’s say you purchase a
$100 Door Dash gift card. These cards are designed to report your credit activity,
so using them for purchases aids in building your credit score.

2. **Flexible Repayment Terms**: With most credit builder cards, you have the
option to pay off your balance over a set period, often with minimal or no interest.
For instance, you might only need to pay $25 upfront and then spread the
remaining $75 over six weeks.

3. **Repeating the Process**: This method can be repeated as needed. Each time
you purchase a gift card and repay the amount responsibly, it positively impacts
your credit history.

4. **Maximizing Credit Reporting with Super.com Card**: To further enhance the
effectiveness of this strategy, use the Super.com card to make your gift card
purchases. The Super.com card is known for its feature of reporting transactions
to credit bureaus. By using this card, you double the impact on your credit report,
making each purchase work twice as hard for your credit score.

5. **Instacart for Grocery Shopping**: Similarly, apply this strategy for your
grocery shopping with Instacart. Purchase a higher-value gift card, such as $300,
and pay only a fraction upfront (e.g., $75). This approach is excellent for budget
management, allowing you to stretch your funds more effectively while building
credit.