Lyft Rewards Program – Up to 10% Back on Rides

Lyft Launches Rewards Program Offering Up to 10% Back on Rides

Uber has launched its credit card, it was only a matter of time before its main Lyft, ride-sharing rival,responded with something of its own.

Now, Lyft is launching a rewards program for business riders & offer up to 10% back on rides.

Sign up for a Lyft business profile first, if you don’t already have one, opt-in to the program via the app or through email. Lyft business profile allows for expensing to your company.

Next, you request a ride, make sure your app is set to “Business” mode, and from there everything will work the same as a normal Lyft ride, you’ll be able to earn Lyft credit.

The rewards are structured such as: For every 5 rides you take under your business profile, you’ll earn $5 in Lyft credit that will back into your personal account.

Note that each ride under your business profile will cost $10 or more to qualify.

If you took 5 rides at $10 each, for $50 total spent on Lyft & receive one $5 credit.

That’s a solid 10% return, but granted that percentage will drop the more your rides cost.

You’ll be capped at $100 in credits, although you’d have to take 100 rides to hit that cap.

To increase your earnings, make sure to use a travel rewards credit card such as Capital One Venture card & Chase Sapphire Reserve, which would earn you 2x or 3x points.

There isn’t any reason not to use your business profile for all your rides, therefore, you can earn credits.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.