Lyft and Chase Partner to Offer Ride-Hailing Rewards and Cash Back

By Paul Riegler on 8 January 2020
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Ride-hailing service Lyft announced a partnership with JPMorgan Chase to offer cash back and points to holders of Chase credit cards.

“With Chase, we have the opportunity to take travel benefits to the next level by rewarding our riders,” said Heather Freeland, Lyft vice president of marketing, in announcing the program.

Starting January 13, Chase Sapphire Reserve cardholders using their cards will receive ten points per dollar spent on Lyft rides as well as one year of Lyft Pink, a monthly membership program that offers a 15% discount on rides, priority airport service, and free bike and scooter rides that would otherwise cost $19.99 per month.

Cardholders with Chase Sapphire Preferred, Sapphire, Ink Preferred, and Ink Plus will get five points per dollar spent using their cards or 5% cash back, while those with Chase Freedom, Student, Unlimited, Ink, Cash, and Business will get 5% cash back on rides.

The news coincides with an increase in the cost of the Chase Sapphire Reserve credit card that was also announced Wednesday.  The price is increasing to $550 per year from $450.

(Photo: Accura Media Group)

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