7 Best Credit Cards to Use for Your Next Lyft Ride

Using the right credit card for your next Lyft can help you take your money farther.
11/6/19 | By Jennifer Calonia
Woman hailing a Lyft driver

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Whether you need a designated driver after a dinner out with friends or you frequently travel for business and need to get from point A to point B, a Lyft is just a few taps away. But the benefits of ridesharing don’t stop at convenience — you can also maximize your savings on each ride.

Armed with the best credit card for Lyft, you can earn more rewards or get bonus points and credits to curb your spending while using the rideshare app.

How to choose the best credit card for Lyft rides

There are many options available when using a rewards credit card to earn perks with your Lyft rides. But to find the best credit card for Lyft, consider what else the card can offer outside of bonuses for rideshare trips. Review each card’s benefits, including bonus rewards in other travel-based categories, whether it offers on-the-go travel protections, or even purchase protection.

Although there may be opportunities to maximize the benefits of a particular credit card, also be aware of any limitations that might keep you from taking advantage of these program perks. For example, a card may impose a maximum amount of bonus rewards you can earn on Lyft purchases. Read through the fine print that might make some card benefits not as worthwhile.

It’s also important to weigh the advantages of a credit card, including Lyft credits or discounts, against the upfront costs of carrying the card. Assess the fees and APR against your potential Lyft savings to see what might be a more affordable option in the long run.

5 best personal cards for Lyft

Card Annual fee Why it’s great for Lyft
Chase Sapphire Reserve $450 Receive a $300 annual travel credit that applies to Lyft rides and earn 3X per dollar spent on travel and restaurant purchases.
Chase Sapphire Preferred $95 Earn 2X per dollar spent on eligible dining and travel expenses.
Citi Premier $95 Earn 3X per dollar spent on travel including gas stations. Take five Lyft rides each month and get a $10 in-app credit.
Citi Prestige $495 Receive a $250 annual travel credit that applies to Lyft purchases. Take five Lyft rides each month and get a $10 in-app credit.
Wells Fargo Propel Card $0 Earn 3X per dollar spent on eligible dining, transportation, travel, and streaming services, including Lyft.

Chase Sapphire Reserve

Despite its hefty annual fee, the Chase Sapphire Reserve card is a reliable travel ally for those looking to save money on Lyft spending.

Rideshare services are eligible for the card’s travel bonus category, which earns you 3X on every dollar you spend on Lyft — whether that’s per ride or when purchasing a subscription plan. Plus, cardholders also receive an annual $300 travel credit that can be applied to your entire Lyft purchase.

And the travel perks don’t stop there. The Chase Sapphire Reserve card also offers up to a $100 credit every four years for TSA PreCheck or Global Entry, getting you through airport security lines and into a Lyft faster.

Currently, Chase is offering the chance to earn 50,000 points after spending $4,000 on purchases in the first 3 months. You’ll also earn 3X points on travel immediately after earning $300 travel credit, 3X points at restaurants and 1X points per $1 spent on everything else.

Chase Sapphire Preferred

The Chase Sapphire Preferred is like the Sapphire Reserve’s younger sibling. It doesn’t offer an annual travel credit, but Lyft transactions are eligible for the bonus travel category.

Chase Sapphire Preferred users can earn 2X per dollar spent on eligible dining and travel and 1X on all other eligible purchases.

New cardholders can also earn 60,000 points after spending $4,000 on purchases in the first 3 months.

Citi Premier

Lyft charges on the Citi Premier credit card are eligible for the card’s travel bonus category. For the same annual fee as the Chase Sapphire Preferred, you can earn 3X per dollar spent on travel including gas stations.

You can also earn 2X per dollar spent on restaurants and entertainment, and 1X for every dollar spent on all other eligible purchases.

The card is currently offering 60,000 points when you spend a minimum of $4,000 in the first 3 months of opening your new account.

As an added bonus, the Citi Premier is included in Lyft’s World Elite Mastercard program which currently offers a monthly $10 credit straight to your Lyft app after your fifth ride each month.

Citi Prestige

The biggest draw in using the Citi Prestige card is that it offers a $250 annual credit that can be applied to Lyft rides.

In terms of rewards, you’ll earn an impressive 5X points on airline purchases, travel agencies, and restaurants; 3X points on hotels and cruise lines; and 1X points on all other purchases. You can also earn 50,000 bonus points after spending $4,000 within 3 months of account opening. The card also provides premium travel perks, like credit for TSA PreCheck or Global Entry.

Like the Citi Premier, the Citi Prestige also earns you access to a $10 monthly Lyft credit thanks to its World Elite Mastercard class. Just complete five rides each month and you’ll see the credit applied in-app.

Wells Fargo Propel Card

As a $0 annual fee card, Wells Fargo’s Propel American Express card is hard to ignore. Popular bonus categories, such as dining out, travel, entertainment, and transportation — including Lyft — all earn you 3X points for every dollar you spend on the card. All other purchases still earn you 1X per dollar.

New cardmembers can also earn 30,000 bonus points after spending $3,000 in the first 3 months.

2 top business card for Lyft

Card Annual fee Why it’s great for Lyft
Chase Ink Business Preferred $95 Earn 3X points on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable, or phone services, and advertising purchases with social media and search engines; and 1X points per $1 on everything else.
American Express Blue Business Plus Credit Card $0 Earn 2X Membership Rewards points on business purchases up to $50,000 each year, and 1X points on purchases after that.

Chase Ink Business Preferred

As a Chase Ink Business Preferred user, you can earn rewards in bonus categories through Lyft. Lyft rides, as well as other travel; shipping purchases; internet, cable and phone services; and advertising purchases earn your business 3X per dollar spent, up to $150,000 per anniversary year.

The issuer is also offering the chance to earn 80,000 bonus points after spending $5,000 in the first 3 months.

American Express Blue Business Plus Credit Card

If you prefer to earn points without paying an annual fee, the American Express Blue Business Plus Credit Card may be a good choice for Lyft purchases. It has a $0 annual fee, but the first $50,000 in purchases, including Lyft transactions, each year earn 2X per dollar. After you’ve spent that cap, every purchase earns 1X per dollar.

The card currently also offers an introductory 0% APR on purchases and balance transfers for the first 12 months.

Why we chose these cards

The cards above provide a mix of benefits for all types of cardholders. For certain cards, Lyft rides are eligible for bonus points which helps you earn rewards and redeem them faster. These cards also offer a variety when it comes to annual fees, ranging from a $0 annual fee to premium cards that charge upward of $400 annually but come with other travel perks that might make the card worth it.

No matter which of these cards you use as your default method of payment, finding the best credit card for Lyft pays you back in many ways.

#1 Travel Rewards Card

Chase Sapphire Preferred

Chase Sapphire Preferred

Chase Sapphire Preferred

Benefits

  • 60,000 point sign-up bonus
  • 2X points on eligible dining and travel purchases
  • 25% more value when redeeming rewards for travel through Chase Ultimate Rewards
  • Premium travel protection benefits
  • No foreign transaction fees
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