Best Credit Cards for Lyft and Everything You Need to Know

Best Credit Cards for Lyft and Everything You Need to Know

Nowadays, after noticing the importance of credit cards, the financial institutes and banking sectors, have started providing various ranges of credit cards. All credit cards have their different uses and purposes. 

Likewise, here we have one such option, named, “Lyft Credit Card”, which is popular for travel purposes. By using this credit card, you can easily save your money, compared to other such credit cards. For instance, whether you need a driver after taking dinner with friends, or for any other business travelling.  

With the help of a Lyft credit card, you can take up many benefits, as well as earn the chance of getting more rewards. Not only that, but the cardholder also can earn more bonus points.

Now, let’s move further, and learn a few ways through which you can easily choose the Best Credit Card for Lyft.

How to Select the Best Credit Card for Lyft:

If we talk about selecting the best credit card for Lyft, then you have a range of options by using which you can easily access this card. But the thing is, if you want to get the best credit card for Lyft, then you have to consider some of the things, like the kind of extra benefits you can earn, bonuses you get, etc. 

Besides that, you also need to compare the usage and benefits of other cards with your card and check some of the things, such as travel-based categories, whether it offers on-the-go travel security, and much more.

Although, it is also essential to consider the advantages of a credit card, like Lyft credits, or discounts, against the upfront cost of carrying the card, and much more.

Simply put, for selecting the best credit card for Lyft, you need to consider all the essential information regarding the card, like its reward systems, bonus points, and additional offers too. 

Now, here is a list of the four best personal cards which you can select for Lyft.

Four Best Personal Cards for Lyft:

Card Annual fee Why it’s great for Lyft
Chase Sapphire Reserve® $550 Earn 10X points per dollar spent on Lyft rides,

Chase Dining purchases, and hotels

and cars booked through Ultimate Rewards

(after the first $300 is spent on travel purchases annually)

Chase Sapphire Preferred® Card $95 Earn 5X points per dollar spent on Lyft rides

and travel booked through Chase Ultimate Rewards

Citi Premier® Card $95 Earn 3X per dollar spent on restaurants, supermarkets, gas stations,

air travel, and hotels; take five Lyft rides each month and

get a $10 in-app credit.

U.S. Bank Cash+® Visa Signature® Card $0 Earn 5% cash back on two categories you choose

(up to $2,000 in combined eligible purchases each quarter),

which can include ground transportation, such as Lyft and Uber

 

Now, let’s discuss all these four cards in detail, to get clarification about their usage.

  • Chase Sapphire Reserve®:

We all have heard the name Chase Sapphire many times, right? But, we only have a bit of information regarding Chase cards. So, let’s take a glimpse of Chase card before moving further into the discussion. 

The Chase card option always stood in the first position. With the help of this card, you can easily earn 10X points per dollar spent on Lyft rides. There is a partnership between Chase and Lyft cards, which was announced in January 2020. 

Moreover, cardholder also gets the benefit of two years of free Lyft pink for all access, whose valuation is $199/year. The “Lyft Pink All Access” is a type of membership, which will be activated from December 31, 2024. In this membership, the cardholder will get a 10% off Lux rides, free Grub hub + for one year, free SIXT car rental upgrades, free unlimited e-bikes, scooter unlocks, and much more. 

In addition to that, the cardholder also receives an annual $300 travel credit, and they also get up to $100 credits after every four years, for TSA Precheck or Global Entry, giving you top-level airport security, and a Lyft faster.  Not only that, but also you will earn 3X on travel, and dining, and 5X on booking your flights, with the help of Ultimate Rewards.

At present, if talk about Chase’s offers,  it provides opportunities for their cardholder to earn up to 60,000 points, after spending $4,000 on purchases for the first 3 months.

  • Chase Sapphire Preferred® Card:

There is not much difference between the Chase Sapphire Reserve card and the Chase Sapphire Preferred card. If you select the Lyft rides, and travel booking, by taking the Chase Ultimate Rewards, then you get 5X points per dollar you spent.

With the help of the Sapphire Preferred card, you can also earn 2X per dollar, which you spent on travelling, 1X dollars on other purchases, and 3X on dining, delivery, takeout, online grocery purchases, etc.

If you are new to this card membership, then you will also get an opportunity to earn 60,000 points after spending $4,000 on purchasing within the first 3 months.

  • Citi Premier® Card:

This category of the card is mainly useful for those who are included in travel bonus categories. The annual fees of the Citi Premier Card are almost the same as Chase Sapphire preferred card. That is, you can earn 3X per dollar if you spent your money on restaurants, supermarkets, gas stations, air travel, or hotels. The offer of the Citi Premier card is as same as the Sapphire preferred card. 

The cardholder also gets the benefit of the additional bonus system, which consists of the Lyft World Elite Mastercard Program. Right now, it offers monthly $10 credit straight to your Lyft app, after each fifth ride every month.

  • U.S. Bank Cash+® Visa Signature® Card:

The major advantage of the U.S. Bank Cash+Visa Signature Card is that it offers you a flexible earning potential. You also get an opportunity to earn 5% cash back on any two categories for up to $2,000 in eligible purchases each quarter. One of the categories of this card is “Ground Transportation.” which includes services like Lyft and Uber.

The members of this card can earn a $200 bonus once they spend $1,000 in purchases within the first 120 days of opening their accounts. Another thing about this card is that it has $0 annual fees.

So, these four personal cards are specially used for Lyft.

Now, here we have two more best credit card options for Lyft, which are mainly used for business purposes;

Card Annual fee Why it’s great for Lyft
Ink Business Preferred®

Credit Card

$95 Earn 5X points per dollar

spent on Lyft rides

The Blue Business® Plus Credit

Card from American Express

$0 See rates and fees

(Terms apply)

Earn 2X Membership Rewards points

on everyday eligible business purchases

up to $50,000 each year, and 1X points

on eligible purchases after that

 

Customer Reviews:

From the customer’s point of view, Lyft is literally a safe type of credit card, which is useful for those who want to earn more rewards, bonus points, and much more. The cardholder, gets many benefits from their membership, like they got some time of discounts, and also bonuses, etc. but the only thing is the purchasing annual fee for personal Lyft is quite higher than that of the business.

Conclusion:

We have already discussed that there is a range of credit cards, having their own purpose and usage. All the cards have their unique features, and different bonus and reward systems. 

Thus, with the help of this article, we came to know about some of the best credit cards, which are used for Lyft, such as personal credit cards, and others for business purposes. We have also discussed their customer’s points of view regarding the best credit cards for Lyft, and so on. Hope you have received all the informative details regarding which best credit card to use for Lyft. 

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