Best credit cards for Uber and Lyft
New technology has changed the way many people get around. Ridesharing has become an incredibly popular transportation option, and that’s especially true in big cities where Uber and Lyft drivers are easy to find. With just your smartphone and a few taps of your finger, you can get a ride to the airport, dinner with friends or anywhere else you want to go.
Unsurprisingly, several credit card issuers now offer cardholder perks like bonus rewards, ridesharing credits and limited-time promotions, which can be especially beneficial to frequent rideshare users. Check out the best cards for Uber and Lyft. ?
Comparing the best cards for rideshare
With popular rideshare services like Lyft and Uber, discover which credit cards offer the most features and perks for an enhanced ridesharing experience.
Best cards for Uber
Card name | Annual fee | APR (variable) | Rideshare rewards and perks | Additional rewards | Bankrate score |
---|---|---|---|---|---|
$695 | See Pay Over Time APR | Up to $200 in annual Uber Cash |
| 4.8 / 5 | |
$250 | See Pay Over Time APR | Up to $120 in Uber Cash annually |
| 5.0 / 5 | |
$0 | 19.99% - 29.99% (Variable) | 10 percent cash back on Uber purchases plus Uber One monthly membership statement credits through Nov. 14, 2024 |
| 5.0 / 5 | |
$95 | 19.99% - 29.99% Variable | 10 percent cash back on Uber purchases plus Uber One monthly membership statement credits through Nov. 14, 2024 |
| 4.5 / 5 | |
| $0 | 19.24% to 29.49% Variable | 3 percent cash back on Uber purchases made with the Apple Card through Apple Pay |
| 3.5 / 5 |
Best cards for Lyft
Card name | Annual fee | APR(variable) | Rideshare rewards and perk | Additional rewards | Bankrate score |
---|---|---|---|---|---|
$550 | 22.49% - 29.49% Variable | 10X points on Lyft rides through March 31, 2025 plus get a complimentary two year Lyft Pink All Access membership including member-exclusive pricing and benefits – activate by Dec. 31, 2024 |
| 5.0 / 5 | |
$95 | 21.49% - 28.49% Variable | 5X points on Lyft rides through March 31, 2025 |
| 4.8/ 5 | |
$0 | 20.49% - 29.24% Variable | 5 percent cash back on Lyft rides through March 31, 2025 |
| 5.0 / 5 | |
$0 | 18.24% - 28.24% Variable APR on purchases and balance transfers | Bonus travel category includes rideshares like Uber and Lyft |
| 4.3 / 5 | |
$0 intro annual fee for the first year, then $95. | 19.24% - 29.99% Variable | Bonus transit category includes rideshares like Uber and Lyft |
| 4.4 / 5 |
Top cards for rideshare
A handful of rewards credit cards offer special benefits for Uber, Lyft or both. Find out which are the top cards for Uber and Lyft below.
Best credit cards for Uber
These cards offer exclusive benefits, such asbonus rewards on Uber rides and Uber Eats or statement credits for Uber. Some even offer travel insurance for added peace of mind while you’re on the go.
Best credit cards for Lyft
With these top cards, you can enjoy exclusive benefits, such as cashback rewards, ride discounts and complimentary subscriptions for your Lyft purchases. Some of these cards even offer rewards for both Lyft and Uber.
How to choose the right credit card for ridesharing
If you’re struggling to decide which rewards credit card could help you maximize ridesharing to the hilt, ask yourself the following questions:
What type of rewards do you want to earn?
Some cards let you earn cash back or credits for ridesharing, but others offer flexible points you can redeem in more than one way. Make sure you compare rewards programs so you wind up with the type of rewards that will benefit you the most.
Is the annual fee worth it?
Several of the top cards for Uber or Lyft come with pricey annual fees, but these fees can be well worth it if you travel often and can take advantage of benefits like annual travel credits, airport lounge access and credits for Global Entry or TSA PreCheck. If you don’t want to pay an annual fee, choose a card for ridesharing that offers superior rewards for Uber or Lyft purchases without the extra travel perks.
Uber, Lyft or both?
Some of the travel cards featured above only offer exceptional rewards or credits for Uber or Lyft, but not both. If you only use one of these services, this should narrow down your options. Otherwise, you may want to consider a card that earns rewards on general transit purchases, including rideshare services.
What’s your card pairing strategy?
Finally, don’t forget to consider pairing cards that help you reach different objectives. You can pick up credit cards for Uber and Lyft in order to take advantage of ridesharing benefits, but use a different card that lets you earn a higher rate of rewards for all of your regular purchases.
Frequently asked questions
What are the benefits of using a credit card for rideshares?Using a credit card for rideshares can offer benefits such as cashback or rewards on your rides, fraud protection and the ability to track and manage your transportation expenses easily.
Which credit cards offer the best rewards or cashback for rideshare services?Some credit cards, such as the Chase Sapphire Reserve, the American Express Platinum Card and the Capital One SavorOne Cash Rewards Credit Card, offer excellent rewards or cashback specifically tailored for rideshare services.
What features should I look for in a credit card if I frequently use rideshare services?When choosing a credit card for rideshares, you should look for features like bonus rewards on transportation spending, travel insurance coverage, no foreign transaction fees (if you travel internationally) and additional perks like roadside assistance or discounts on related services.
The bottom line
If you rideshare often, it makes sense to earn rewards on the cost of your rides. Whether you’re loyal to Uber or Lyft or simply go with whichever service has better availability at the time, there’s a card that can reward you for every ride you take.
You’ll also have the opportunity to earn rewards on other spending with one of these cards, whether that’s dining, other travel expenses or even groceries, so it’s important to pick the right card for your spending habits and lifestyle. Depending on how much you’re willing to pay for a card with rideshare rewards, you can enjoy quite a few other travel and entertainment perks along the way.
For more travel tips & tricks, check out Bankrate’s travel toolkit.
*The information about the Capital One Savor Cash Rewards Credit Card, Apple Card and Chase Freedom Unlimited® has been collected independently by Bankrate. The card details have not been reviewed or approved by the issuer.