Best Credit Cards For Lyft And Uber Of May 2024

The premium Chase Sapphire Reserve® card offers Lyft Pink All Access membership which includes flexible ride cancellation, unlimited 45-minute classic bike rides and a complimentary Grubhub+ membership. The bonus rewards earning on travel includes rideshare purchases, meaning you’ll earn extra points when taking Uber as well.

Rewards: Earn 5 points per dollar on flights and 10 points per dollar on hotels and car rentals when purchasing travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3 points per dollar on other travel and dining and 1 point per dollar spent on all other purchases.

Welcome offer: Earn 75,000 bonus points after spending $4,000 on purchases in the first three months from account opening.

Annual fee: $550

Other benefits and drawbacks: The annual fee may be high, but the Chase Sapphire Reserve® is packed with perks. Travel enthusiasts can take advantage of complimentary airport lounge access, $300 annual statement credit for eligible travel and application fee reimbursement for Global Entry, TSA PreCheck or NEXUS membership. The card provides excellent travel insurance coverage and purchase protection benefits. The auto rental collision damage waiver is primary coverage.

Points can be transferred to Chase’s travel partners or redeemed by booking through the Chase travel portal, where Chase Ultimate Rewards® points are worth 1.5 cents each.

The Chase Freedom Flex℠ earns 5% cash back on Lyft until March 2025. Cash back is earned in the form of rewards points, which can be redeemed for one cent per point as a statement credit or direct deposit.

Rewards: Earn 5% cash back on up to $1,500 in combined purchases in categories that rotate quarterly (requires activation), 5% cash back on travel purchased through Chase Travel℠, 3% cash back on dining and drugstores and 1% cash back on all other purchases.

Welcome offer: Earn $200 bonus after spending $500 on purchases in the first 3 months from account opening.

Annual fee: $0

Other benefits and drawbacks: Quarterly rotating bonus categories plus elevated dining and drugstore earning rates boost the rewards potential of the Chase Freedom Flex℠. The card is optimally paired with a premium Chase rewards card such as the Chase Sapphire Preferred® Card which unlocks additional benefits such as points transfers to travel partners and higher redemption rates through the Chase travel portal. Even on its own, it’s a strong earner for a no annual fee card.

Other benefits include trip cancellation and trip interruption insurance when you use the card to pay for your travel. However, the card does charge a foreign transaction fee of 3% of each transaction in U.S. dollars so it’s not a good card for international travel.

A monthly credit of $10 is automatically added to the Uber wallet of American Express® Gold Card holders (Terms apply, see rates & fees). The credit can be used for both Uber and Uber Eats within the U.S. Uber Eats purchases on the card earn bonus Membership Rewards points, since Uber Eats purchases in the U.S. count as dining.

Rewards: Earn 4 Membership Rewards® points per dollar at restaurants, plus takeout and delivery in the U.S., 4 Membership Rewards® points per dollar at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1 point per dollar), 3 Membership Rewards® points per dollar on flights booked directly with airlines or through American Express travel and 1 point per dollar on other eligible purchases.

Welcome offer: Earn 60,000 Membership Rewards points after spending $6,000 on purchases in the first 6 months of card membership.

Annual fee: $250

Other benefits and drawbacks: The American Express® Gold Card features one of the highest category bonuses available on grocery purchases—up to $25,000 annually. There’s also a monthly $10 statement credit for dining at various dining establishments.

Membership Rewards points can be transferred to Amex travel partners for potentially high-value redemptions. On the downside, the annual fee is higher than other cards on this list. Earning on rideshare spending is limited to 1 point per dollar, so using this card for Uber rides beyond the monthly credit won’t get much value.

Lyft purchases earn 5 Ultimate Rewards per dollar on the Chase Sapphire Preferred® Card through March 2025. Uber rides earn 2 points per dollar as rideshare is included in the travel bonus category.

Rewards: Earn 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases.

Welcome offer: Earn 75,000 bonus points after spending $4,000 on purchases in the first three months from account opening.

Annual fee: $95

Other benefits and drawbacks: The Sapphire Preferred has many of the same features as its flashier sibling, the Sapphire Reserve. Points can be transferred to Chase’s travel partners which opens the door to higher-value redemptions. Alternately, points can be redeemed for 1.25 cents per point through the Chase travel portal. The card comes with a comprehensive set of travel and purchase protections, such as trip cancellation and trip interruption insurance, primary auto rental collision coverage and extended warranty protection.

The American Express® Green Card* earns 3 Membership Rewards points per dollar on all transit purchases including rideshares, meaning you’ll earn extra points on both Uber and Lyft.

Rewards: Earn 3 points per dollar on travel and transit including flights, hotels, taxis, rideshare services, trains, parking and more, 3 points per dollar on eligible purchases at restaurants worldwide including takeout and delivery in the U.S. and 1 point per dollar on other purchases.

Welcome offer: Earn 40,000 points after spending $3,000 on purchases in the first 6 months.

Annual fee: $150

Other benefits and drawbacks: The card has elevated earning rates in several popular categories. Frequent travelers will appreciate the annual CLEAR® Plus and LoungeBuddy statement credits. Other card features include no foreign exchange fees and travel and purchase protection.

Membership Rewards points are transferable to American Express travel partners. The annual fee is higher than other alternatives on this list which makes it most suitable for those who travel regularly and can make use of the benefits.

The Capital One SavorOne Cash Rewards Credit Card (rates & fees) earns a generous 10% cash back on Uber and Uber Eats purchases within the U.S. and a monthly statement credit for Uber One monthly membership fees until November 14, 2024. Cash back can be easily redeemed for a statement credit or check.

Rewards: Earn 3% cash back on dining, entertainment, popular streaming services and grocery stores (excluding superstores like Walmart® and Target®), 5% cash back on hotels and rental cars booked through Capital One Travel, 8% cash back on Capital One Entertainment purchases, and 1% on all other purchases.

Welcome offer: Earn $200 cash bonus after spending $500 on purchases within the first 3 months from account opening.

Annual fee: $0

Other benefits and drawbacks: The bonus categories provide plenty of opportunity to earn extra cash back on top of the rich return for Uber and Uber Eats purchases. The welcome bonus, with its low spending requirement, is easy to earn. For a frequent Uber customer, this card is a winner.

Ground transportation, which includes rideshares, is one of the eligible categories that earn 5% cash back on the U.S. Bank Cash+® Visa Signature® Card.

Rewards: Earn 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center, 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories of choice, 2% cash back on one everyday category such as gas stations, grocery stores or restaurants, and 1% cash back on all other eligible purchases.

Welcome offer: Earn $200 rewards bonus after spending $1,000 on eligible purchases within the first 90 days of account opening.

Annual fee: $0

Other benefits and drawbacks: The intro APR offer on purchases and balance transfers may be useful for some. Note that balance transfer must be made within the first 60 days of opening your account. There’s no annual fee but not much in the way of additional benefits beyond the plethora of bonus categories. Cash back can be redeemed for a statement credit or by deposit into your U.S. Bank account.

The Citi Double Cash® Card earns cash back on all purchases, including rideshares.

Rewards: Earn 2% cash back on all purchases—1% when purchases are made and another 1% when they’re paid off.

Welcome offer: Earn $200 cash back after spending $1,500 on purchases in the first 6 months of account opening, fulfilled as 20,000 ThankYou® Points.

Annual fee: $0

Other benefits and drawbacks: This no-frills card offers few benefits. The appeal lies mostly in the simplicity of earning flat-rate rewards on all purchases. This card earns Citi ThankYou Points which can be redeemed for one cent each via statement credit, direct deposit or check.

Adding The Platinum Card® from American Express (Terms apply, see rates & fees) to your Uber wallet activates a $15 monthly Uber credit, with an extra $20 credit ($35 total) in December—that’s a total of $200 in Uber credits per year. The credits can be used on Uber rides or Uber Eats. Uber credits can only be used in the U.S. The card also provides Uber VIP status for extra perks and discounts.

Rewards: Earn 5 Membership Rewards Points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases.

Welcome offer: Earn 80,000 Membership Rewards Points after spending $8,000 on eligible purchases on the card in the first 6 months of card membership.

Annual fee: $695

Other benefits and drawbacks: There are few opportunities to earn bonus points on the Platinum card, which limits the overall earning potential. This ultra-premium card comes with a slew of high-end benefits, including airport lounge access, $200 airline fee credit, $200 hotel credit, $240 digital entertainment credit with enrollment (up to $20 back monthly) and a $155 Walmart+ credit among others, plus reimbursement for Global Entry or TSA PreCheck application fees every four or four and a half years, respectively. These perks come at the expense of a pricey annual fee.

The Blue Cash Preferred® Card from American Express (Terms apply, see rates & fees) earns 3% cash back on transit purchases which includes rideshares.

Rewards: Earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more) and 1% cash back on other eligible purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.

Welcome offer: Earn $250 statement credit after spending $3,000 in purchases within the first 6 months.

Annual fee: $0 intro annual fee for the first year, then $95

Other benefits and drawbacks: The 6% cash back rate on grocery spending is about as high as it gets for credit cards, however the elevated rate is limited to the first $6,000 of purchases per at U.S. supermarkets per year. Cash back is received in the form of rewards dollars, which can then be applied as a statement credit.

Other card benefits include a $7 monthly statement credit for the streaming Disney Bundle, $10 per month Equinox+ credit when you pay for an auto-renewing subscription, car rental loss and damage insurance¹ and purchase protection² for eligible purchases. Depending on your spending habits, it may be difficult to justify the card’s annual fee. In addition, the card charges a foreign exchange fee of 2.7% of each transaction after conversion to US dollars.

Uber and Uber Eats purchases within the U.S. earn 10% cash back on the Capital One Quicksilver Student Cash Rewards Credit Card (rates & fees) through November 14, 2024. Cardholders also receive statement credits for monthly Uber One membership fees billed to the card.

Rewards: Earn 10% cash back on purchases made with Uber & Uber Eats through 11/14/2024, unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and 1.5% unlimited cash back on every purchase.

Welcome offer: Earn $50 after spending $100 in the first three months.

Annual fee: $0

Other benefits and drawbacks: This card is exclusively for students and requires only a fair credit score. All purchases earn a flat rate of cash back, so it’s simple to manage with no bonus categories to remember. Cash back can be redeemed as a statement credit or by check. There’s a modest welcome bonus that is very easily earned. Benefits include travel accident insurance, extended warranty and no foreign transaction fees.

The Capital One SavorOne Student Cash Rewards Credit Card (rates & fees) earns 10% cash back on Uber and Uber Eats within the U.S. through November 14, 2024 and has a statement credit for monthly Uber One membership fees charged to the card.

Rewards: Earn 10% cash back on purchases made through Uber & Uber Eats through 11/14/2024, 3% cash back on dining, entertainment, popular streaming services and grocery stores (which excludes superstores like Walmart® and Target®), 5% cash back on hotels and rental cars booked through Capital One Travel, 8% cash back on Capital One Entertainment purchases, and 1% on all other purchases.

Welcome offer: Earn $50 after spending $100 in the first three months.

Annual fee: $0

Other benefits and drawbacks: Exclusively for students, the card offers extra cash back on categories useful for college. Approval requires only a fair credit score. The welcome offer is easily earned—and there’s travel accident insurance, extended warranty and no foreign transaction fees. Cash back is redeemed as a statement credit or by check.

Lyft rides earn 5% cash back on the Chase Freedom Rise℠* until March 2025.

Rewards: Earn 1.5% cash back on every purchase.

Welcome offer: Earn a $25 statement credit after signing up for automatic payments within the first three months of account opening.

Annual fee: $0

Other benefits and drawbacks: The Chase Freedom Rise℠* was designed for those who have a limited credit history and are working to build their credit. Odds of approval are increased by having a Chase checking account with a balance of at least $250 prior to applying. Additional identity verification may be required which could lengthen the approval process. A flat-rate earning structure makes the card simple to manage. Cash back can be redeemed as statement credits or by direct deposit.

The Chase Freedom Unlimited® card earns 5% cash back on Lyft rides through March 2025, paid as rewards points which may be redeemed as a statement credit or by direct deposit.

Rewards: Earn 5% cash back on travel purchased through Chase Travel℠, 3% cash back on eligible dining and drugstores and 1.5% on all other purchases, plus an additional 1.5% cash back on the first $20,000 in purchases the first year.

Welcome offer: Earn an additional 1.5% cash back on up to $20,000 spent in the first year, worth up to $300 cash back.

Annual fee: $0

Other benefits and drawbacks: Elevated cash-back rates in bonus categories make it easy to quickly accumulate rewards. For even better reward potential, pair the Freedom Unlimited with one of Chase’s premium Ultimate Rewards cards. The card has a few perks such as trip cancellation and interruption insurance, purchase protection and an extended warranty on eligible purchases.

Transit purchases, which include ride booking services, earn 3 points per dollar with the Wells Fargo Autograph℠ Card.

Rewards: Earn 3 points per dollar at restaurants, travel, gas stations, transit, popular streaming services and phone plans. Plus, earn 1 point per dollar on other purchases.

Welcome offer: Earn 20,000 bonus points after spending $1,000 in purchases in the first 3 months.

Annual fee: $0

Other benefits and drawbacks: Reward points are redeemable at one cent per point for a statement credit or deposit to a Wells Fargo checking account or mortgage. They can also be used for travel purchases through the Well Fargo travel portal. Limited benefits include cellphone insurance of up to $600 when you pay your monthly bill with the card (subject to a $25 deductible) and an auto rental collision damage waiver.