6 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.
Last updated Oct 29, 2021 | 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.

4 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
Chase Sapphire Preferred $95 Earn 5X points per dollar spent on Lyft rides (through March 2022) and travel booked through Chase Ultimate Rewards
Citi Premier $95 Earn 3X per dollar spent on restaurants, supermarkets, gas stations, air travel, 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, up to $2,000 quarterly, which can include ground transportation, such as Lyft and Uber

Chase Sapphire Reserve

When the partnership between Chase and Lyft was announced in Jan. 2020, the Chase Sapphire Reserve jumped to the top of our list. With this card, you'll earn a whopping 10X points per dollar spent on Lyft rides, Chase Dining purchases, and hotels and cars booked through Ultimate Rewards. 

In addition, cardholders are eligible for one free year of Lyft Pink (valued at $19.99 per month). With a Lyft Pink membership comes 15% off Lyft rides, priority airport pick-up, three free 30-minute bike or scooter rides per month, and other benefits. Pairing the 15% off with 10X rate results in huge value, especially for those who use rideshare services regularly.

And the travel perks don’t stop there. Cardholders receive an annual $300 travel credit and 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. You'll also earn 3X on travel (not booked through Ultimate Rewards and excluding the $300 travel credit) and dining, and 5X on air travel booked through Ultimate Rewards.

Currently, Chase is offering the chance to earn 50,000 points after spending $4,000 on purchases in the first 3 months. 

Chase Sapphire Preferred

The Chase Sapphire Preferred is like the Sapphire Reserve’s younger sibling. Lyft rides (through March 2022) and travel booked through Chase Ultimate Rewards are eligible for 5X points per dollar spent.

Chase Sapphire Preferred users can also earn 2X per dollar spent on travel (not booked through Chase Ultimate Rewards); 1X on all other eligible purchases; and 3X on eligible dining, delivery, takeout, select streaming services, and online grocery purchases (excluding Target, Walmart, and wholesale clubs).

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 restaurants, supermarkets, gas stations, air travel, hotels.

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

The card is currently offering 80,000 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.

U.S. Bank Cash+ Visa Signature Card

The biggest draw in using the U.S. Bank Cash+ Visa Signature Card is that it offers flexibility with your earning potential. Meaning, you get to choose two categories per quarter to earn 5% cash back on. One of the available categories is "ground transportation," which includes rideshare services like Lyft and Uber.

You can also earn $200 cash back after spending $1,000 in the first 120 days. The card also has a $0 annual fee, which is an automatic benefit.

2 top business card for Lyft

Card Annual fee Why it’s great for Lyft
Chase Ink Business Preferred $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 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 5X points per dollar spent on Lyft rides. 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 100,000 points after spending $15,000 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 you also earn 2X Membership Rewards points on business purchases up to $50,000 each year, and 1X points on purchases after that

The card currently also offers an introductory 0% APR on purchases for the first 12 months (then 13.24% to 19.24% (variable) (See rates and fees)).

Simplified Earnings for Small Business Owners

Intro Offer

15,000 Membership Rewards points

Annual Fee

$0

Rewards Rate

Up to 2X points

Benefits and Drawbacks

Benefits

  • Earn 15,000 Membership Rewards after spending $3,000 in the first 3 months
  • 2X Membership Rewards Points on first $50,000 each year
  • Global Assist hotline
  • No annual fee. Terms apply.

Drawbacks

  • Has foreign transaction fee
Card Details
  • Earn 15,000 Membership Rewards points after spending $3,000 on purchases in the first 3 months
  • 2X Membership Rewards points on business purchases up to $50,000 each year, and 1X points on purchases after that
  • Intro purchase 0% offer: 0% for 12 months then 13.24% to 19.24% (variable)
  • Terms apply

Why we chose these cards

The above list of some of the best rewards credit cards provides 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 $500 annually but come with other travel perks that might make the card worth it. 

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

#1 Premium Travel Credit Card

Intro Offer

50,000 points

Annual Fee

$550

Rewards Rate

up to 10X points per dollar

Benefits and Drawbacks

Benefits

  • 50,000 point sign-up bonus
  • 10X points on hotels and cars booked through Ultimate Rewards
  • $60 annual DoorDash credit in 2021
  • Priority Pass airport lounge access

Drawbacks

  • High annual fee
  • Excellent credit required
Card Details
  • Earn 50,000 points after spending $4,000 on purchases in the first 3 months
  • 10X points on Lyft rides, Chase Dining purchases, and hotels and cars booked through Ultimate Rewards; 5X points on air travel booked through Ultimate Rewards; 3X points on travel and dining, and 1X points per $1 spent on everything else

Author Details

Jennifer Calonia Jennifer Calonia is a native Los Angeles-based writer and editor with eight years of experience in personal finance. She's passionate about helping others pay off debt, navigate family finance, and use rewards credit cards, responsibly. She's been featured on Forbes, The Huffington Post, Business Insider, Credit Karma, Nerdwallet, and more. To find more information about her work, visit JenniferCalonia.com.