Chase customers making payments for Lyft rides with their credit cards can now get rewards for every ride.
The rewards can be availed by Chase Sapphire, Freedom, and Ink cardmembers.
Eligible cardmembers can get 5x total Ultimate Rewards points or 5% cash back on riding with Lyft.
Users of the Sapphire Reserve credit card will be able to secure 10x total points on Lyft rides.
Those using Sapphire Reserve cards will also be able to avail Lyft Pink membership for a year at zero cost. Lyft Pink members can get a 15% discount on car rides and priority airport pickups, among others.
Users of the Sapphire Preferred, Chase Freedom, Freedom Unlimited, Freedom Student and Ink cards will earn 5x total points or cash back on every Lyft ride.
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The offers will be available from the 12th of this month and will be valid till March 2022. The partnership comes amidst growth in spending in the rideshare segment among Chase cardholders.
“At Lyft we are obsessed with creating a best-in-class experience for our riders – whether that’s unparalleled service, elevated rides or ultimate rewards.
“With Chase we have the opportunity to take travel benefits to the next level and expand our network giving riders the flexibility and rewards from the brands they know and love,” said Heather Freeland, Lyft’s VP of Product Marketing and Marketing Operations.
Meanwhile, JPMorgan Chase increased the yearly fees for its Chase Sapphire Reserve card by $100.
The card’s users will now be charged $450 to $550 annually.