Credit Cards

The Best Credit Cards for Rideshare Purchase (Uber, Lyft, etc): Our Picks

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Rene’s Points For Better Travel, a division of Chatterbox Entertainment, Inc. has partnered with CardRatings for our coverage of credit card products. Rene’s Points For Better Travel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.


Ridesharing’s popularity continues to grow — and banks know travel-savvy cardholders want to be well rewarded for Uber and Lyft purchases.

We’ve certainly seen a marked increase not only in travel and transit categories but some boosts to general cashback cards, as well.

The busy holiday season means airport rides and holiday celebrations — a perfect time to use rideshare! So with that, here are our picks for the best credit cards to use on your rideshare purchases!

The Top 5 Best Credit Cards for Rideshare

American Express Green Card (3X)

When American Express recently relaunched its classic Green Card, it added 3X earnings on travel purchases — including rideshare.

This gets more lucrative for Business Platinum Card from American Express cardholders who also have American Express Green Cards. Why? Thanks to the Amex Business Platinum’s 35% rebate on select airline ticket purchases when Paying with Points on through the Amex Travel site, that 3X becomes even more valuable.

The American Express Green Card
Learn how to apply for the American Express Green Card

The American Express Green Card carries a $150 annual fee — but its annual CLEAR credit and great travel earnings pretty easily offset that amount.

Man use smart phone and holding credit card with shopping online. Online payment concept.
(©iStock.com/wutwhanfoto)

Chase Ink Preferred (3X)

This card is such a fantastic option for small business owners and people with side hustles. (Remember, you may already qualify to apply for a business credit card!)

The Chase Ink Business Preferred card
Learn how to apply for the Chase Ink Business Preferred Card

The Chase Ink Preferred earns 3X on travel purchases, up to the first $150,000 combined spend with several other categories. Plus, Ink Preferred’s Ultimate Reward points are worth 1.25 cents each when redeemed for travel booked through Chase’s Ultimate Rewards portal.

Plus, the Chase Ink Preferred has a relatively low annual fee ($95) compared to other cards that also earn 3X.  (Read more about why I think the Chase Ink Preferred card is such a valuable card.)

business colleagues discussing business ideas while sitting in backseat of the car or taxi
“So we earned 3X points on this ride with the company’s Chase Ink Business Preferred card…” (©iStock.com/opolja)

Wells Fargo Propel American Express Card (3X, NO ANNUAL FEE!)

This no annual fee card is loaded with 3X bonus categories: rideshare, travel, streaming services, transit, gas stations, and more.

Wells Fargo Propel American Express card
Learn how to apply for the Wells Fargo Propel American Express card

The Wells Fargo Propel Amex (learn how to apply) can also be helpful to load multiple Amex Offers.

 

Blue Cash Preferred Card from American Express (3% cashback)

American Express’ Blue Cash Preferred Card rewards you 3X on transit purchases (rideshare, taxi, parking, buses, trains, tolls, etc).

American Express Blue Cash Preferred Card
Learn how to apply for The American Express Blue Cash Preferred Card

It’s $95 annual fee is easily recoupable — especially because the Blue Cash Preferred Card gives you 6% cashback at US supermarkets (up to $6,000 annually) and on select US streaming subscriptions, as well as 3% back at gas stations.

 

Happy couple on road trip. Young man and woman sitting on rear seat of car looking at each other smiling on a summer day.
Obviously, they’re smiling because they earned 3X on their rideshare purchase. (©iStock.com/jacoblund)

 

Chase Sapphire Reserve (3X)

The Chase Sapphire Reserve is a very attractive option for frequent rideshare users.

The card boasts an annual $300 travel credit. Rideshare purchases qualify!

The Chase Sapphire Reserve card.
Learn how to apply for the Chase Sapphire Reserve card!

Rideshare and other eligible travel purchases earn 3X, too. Plus, Chase Sapphire Reserve gives its cardholders the privilege of redeeming their points at 1.5 cents each through the Ultimate Rewards travel site.

The CSR’s downside? Its big $450 annual fee. Granted, the card also rewards 3X for dining purchases and has a great Priority Pass Select membership that still includes some airport restaurants. But if airport lounge perks aren’t your thing, you’re better off saving money and getting the Chase Ink Preferred or Chase Sapphire Preferred.

 

Other Solid Options

Chase Sapphire Preferred (2X)

The Chase Sapphire Preferred card rewards you 2X on travel purchases, including rideshare charges.  (Dining also scores you 2X). While it doesn’t pack the 3X earnings or $300 travel credit of its bigger sibling Chase Sapphire Reserve, its annual fee is only $95.

The Chase Sapphire Preferred travel rewards credit card.
Learn how to apply for the Chase Sapphire Preferred Card

Its Ultimate Reward points are worth 1.25 cents each when redeemed for travel booked through Chase’s Ultimate Rewards portal.

Women getting out of a car.
(©iStock.com/Rawpixel)

American Express Blue Business Cash Card (2X Up to $50,000 Annually, NO ANNUAL FEE!)

The Blue Business Cash Card is sort of a sleeper pick. It earns 2% back on all eligible purchases up to $50,000 per calendar year.

American Express Blue Business Cash Card
Learn how to apply for the NO ANNUAL FEE American Express Blue Business Cash Card

Plus, there’s no annual fee!

Capital One® Venture® Rewards Credit Card (2% cashback) (Learn where and how to apply)

The Capital One Venture Rewards travel credit card.
Learn how to apply for the Capital One Venture Rewards travel credit card.

CNBC’s “Best Travel Card” of 2018 gives you 2% on every purchase. It’s $95 annual fee is waived the first year. Read more about the Capital One Venture Rewards credit card.

World of Hyatt Credit Card (2X)

Here’s another card that snuck into our list. The World of Hyatt card earns 2X on transit purchases — including rideshare.

World of Hyatt credit card
Learn how to apply for the World of Hyatt credit card

Added bonus: its $95 annual fee rewards you a complimentary night each year you hold the card (beginning year two).

 

Honorable Mentions

Plenty of cashback credit cards — such as the Chase Freedom Unlimited, Chase Ink Business Unlimited, Capital One® Quicksilver® Cash Rewards Credit Card (read more), and Wells Fargo Cash Wise Visa card (read more), among others — have no annual fee and earn between 1.5% and 2% back on each purchase.

While the points earnings aren’t as lucrative as many cards on our list, the annual fee savings are nice. Plus, earning more than just a measly one point is certainly a plus.

Moral of the story: make sure to use a card awarding you at least 1.5 points per dollar spent.

But What About the Amex Platinum Card?

The Platinum Card from American Express gives cardholders up to $200 of Uber Cash each calendar year ($15 from January – November, then $35 for December).

The Platinum Card from American Express.

Ironically, rideshare purchases earn only 1X on the Amex Platinum.

But just because you use Uber Cash from the Amex Platinum doesn’t mean you have to pay with that card.

Even when applying the AmPlat’s Uber Cash, I charge the rest of my ride to my Chase Sapphire Reserve. This way, I earn 3X on any extra cash balance. 

 

And Don’t Forget…

Lyft rewards you Delta SkyMiles for each ride: two miles for each ride to/from airports, and one mile for all other rides.

–Chris

 

Featured image: ©iStock.com/Prostock-Studio

Rene’s Points For Better Travel, a division of Chatterbox Entertainment, Inc. has partnered with CardRatings for our coverage of credit card products. Rene’s Points For Better Travel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

3 Comments

  1. I currently hold Sapphire Reserve Visa, Ink Business Preferred Visa, and AmEx Platinum Business cards among others.

    I’m trying to decide whether Sapphire Reserve is worth keeping. Have you done the math to figure out if 3X for travel with 1.5X rewards value is worth using over AmEx’s 5X Membership Rewards for travel? I haven’t done this long enough to compare redemption values, but it seems to me that using the Platinum AmEx for airfare charges is better value with modest annual airfare purchases (<$5000).

    And, if this isn't appropriate for this post, please direct me to a place where my question is better asked.

    Thanks

  2. @Rob W: Hi, Rob!

    A few things to consider:

    The American Express Business Platinum card offers 5X only on airfares and prepaid hotels purchased directly from Amex Travel. It doesn’t have the same travel bonuses the Chase Sapphire Reserve and Chase Ink Business Preferred carry. The two Chase cards earn bonuses on a wide range of travel-related purchases besides just airfare and hotels. (Transit, rideshare, parking, etc) Unless there’s a special Amex offer, the most you’ll ever get for those — and pretty every purchase with the exceptions noted above — is one point each with the American Express Business Platinum card.

    Also, the Chase Sapphire Reserve rewards dining at 3X. The Ink Preferred and American Express Business Platinum earn 1X on dining. (Though the Ink Business Cash awards 2X on dining. You could combine those URs with the points earned on your Ink Business Preferred and redeem them for 1.25 cents each for travel through the Chase UR site.

  3. Thanks for your sharing, I will choose this type of credit card.

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