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Travel Extended: Earn up to 10 points per dollar on Lyft with Chase through 2025

23:45  01 april  2022
23:45  01 april  2022 Source:   thepointsguy.com

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This is not an April Fool’s joke: Chase and Lyft have now renewed their partnership through March 2025, which allows cardholders to continue to earn bonus points when using this popular ridesharing service.

For context, Chase maintains many partnerships with everyday brands like DoorDash, Instacart and Peloton — providing exclusive perks for cardholders. First introduced at the onset of the pandemic, these benefits have helped many justify keeping these cards open during a period of suppressed travel.

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However, many of these partnerships come with an end date … unless Chase decides to renew the contract. A few months ago, Chase and DoorDash renewed their contract, and now, it’s great to see the issuer step up to the plate with this latest extension.

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Lyft benefits by Chase card

The earning rates vary depending on the Chase card you carry, so let’s take a look at the potential returns you may receive. These earning rates will apply now through March 2025.

Chase Sapphire Reserve

Those who carry Chase’s most premium travel card previously enjoyed a complimentary trial year to Lyft Pink (which normally costs $19.99 per month). Unfortunately, Lyft Pink is not part of this partnership renewal.

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However, Chase Sapphire Reserve cardholders will continue to receive 10 points per dollar on Lyft purchases. Since TPG values Chase Ultimate Rewards points at 2 cents apiece, that’s like getting a whopping 20% return on Lyft rides — a great deal if you frequently use the service to jaunts around the city or need airport transportation.

(And don’t forget to link your Delta SkyMiles number with your Lyft account here to earn 1 mile per dollar on Lyft rides).

All other Chase cards

If you carry one of the following cards, you’ll continue earning 5 points per dollar rate on Lyft rides (or a 10% return based on TPG’s valuations):

  • Chase Sapphire Preferred Card.
  • Chase Freedom Card (no longer available to new applicants).
  • Chase Freedom Unlimited Card.
  • Chase Freedom Flex.
  • Chase Freedom Student credit card.
  • All Ink business card members — such as the Ink Business Preferred Credit Card, Ink Business Cash Credit Card and the Ink Business Unlimited Credit Card).

Bottom line

While it’s disappointing to see that Lyft Pink is not part of the renewal deal, the ability to earn up to 10 points per dollar on Lyft rides (until March 2025) is fantastic news.

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We’ll also keep you in the loop on Chase’s other partnerships as they get closer to their expiration date to see if the issuer decides to keep, adjust or axe the partnerships altogether.

Featured photo by Rafael Henrique/SOPA Images/LightRocket via Getty Images.

SPONSORED: With states reopening, enjoying a meal from a restaurant no longer just means curbside pickup.

And when you do spend on dining, you should use a credit card that will maximize your rewards and potentially even score special discounts. Thanks to temporary card bonuses and changes due to coronavirus, you may even be able to score a meal at your favorite restaurant for free.

These are the best credit cards for dining out, taking out, and ordering in to maximize every meal purchase.

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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Quick Points: Triple stack these offers to maximize your next Lyft ride .
How many times have you landed at an airport and checked rideshare fares to get to your destination on both Lyft and Uber? If you’re like me, you check both and order a car on whichever platform is cheaper. Although that system can work well, your potential rewards earnings on the two platforms are far …Frankly, the ability to triple stack on Lyft is no match for what you can earn on Uber. You can earn bonus credit card points, airline miles or hotel points and even cash back on your Lyft rides. You just need to know where to look.

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