Best Credit Cards to Use with Lyft

It’s no doubt that in some cities, Lyft is a more popular alternative in the vast of Ride-Sharing companies to date. What makes it a more popular option is because Lyft is the more cheaper alternative towards a taxi or an Uber, considering that Uber now charges surge-pricing. Certainly enough, it’s all the more necessary to introduce the best credit cards that could maximize your ride-share experience with Lyft. As a matter of fact, we’re exexhilarated to put together a credit card list that’ll fully benefit you with further Lyft experiences!

Editor’s Note: The Cards below are ranked according to how we see fit in terms of more value when redeeming with Lyft.

Get your hands on the new Chase Sapphire Reserve and you can reward yourself with an attractive 100,000 Chase Ultimate Rewards Points Bonus when you make a spend of $4,000 or more within a given first three months of account opening. This is such a phenomenal card in the vast of personal credit cards in the industry right now and it’s proven it’s reliability as Lyft falls under the category and codes as 3X for Travel. This card is perfect for all your Travel needs!

Chase Sapphire Reserve Card Summary:

• Apply Now
• Maximum Bonus: 100,000 UR Points
• Spending Requirement: You must spend $4,000 on purchases in the first 3 months from account opening
• Annual Fee: $450, not waived for the first year
• Bonus Worth: The 100K points alone is worth $1250 towards airfare/hotel.
• Expiration Date: No expiration
• Additional Advice: We recommend combining it with another Ultimate Rewards-earning card, such as the no annual fee cash-back card Chase Freedom Card. This way, you can transfer the points you earn on the Chase Freedom to your Chase Sapphire Reserve Card account and redeem them for more than 1 cent per point.
• Since both cards are on the Ultimate Rewards platform, you can also combine the points instead of using two different rewards platforms. That’s an immediate 25% increase on the value of your points when used for travel. 

Citi ThankYou® Premier Card is offering 40,000 Bonus ThankYou^® Points after you spend $3,000 in purchases within the first three months of account opening. With 40K Thank You points, you can redeem for $400 in gift cards! You also earn 3X ThankYou Points on Travel: Lyft is coded as travel with Citi. On top of a low $95 Annual Fee, this card could be a great choice as well.

Citi ThankYou Premier Card Summary:

• Apply Now
• Maximum Bonus: 40,000 Bonus ThankYou^® Points
• Spending Requirement: You must spend $3,000 within 3 months of account opening.
• Annual Fee: $95 (waived for the first year)
• Bonus Worth: The 40K bonus points is $400 in gift cards.
• Expiration Date: Limited time only
• Additional Advice: The Citi ThankYou Premier 40K points promo is the only current promotion for this card.

With the Chase Sapphire Preferred® Card, you can earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. You can also get an additional 5,000 points when you add an authorized user within the first 3 months and they make a purchase. The card double points on all dining and travel expenses while still giving you one point on all other purchases. Essentially, Lyft is coded as Travel and can earn you 2x Points per dollar spent on Lyft.

Chase Sapphire Preferred Card Summary:

• Learn More
• Maximum Bonus: 50,000 bonus points + Additional 5,000 points
• Spending Requirement: You must spend $4,000 on purchases in the first 3 months from account opening, and add an authorized user (no annual fee) within the first 3 months and they make a purchase.
• Annual Fee: $0 introductory annual fee for the first year ($95 thereafter)
• Bonus Worth: The 50K points alone is worth $625 towards airfare/hotel.
• Expiration Date: No expiration
• Additional Advice: If you have the Chase Sapphire Preferred Card, we recommend combining it with another Ultimate Rewards-earning card, such as the no annual fee cash-back card Chase Freedom Card. This way, you can transfer the points you earn on the Chase Freedom to your Chase Sapphire Preferred Card account and redeem them for more than 1 cent per point. Since both cards are on the Ultimate Rewards platform, you can also combine the points instead of using two different rewards platforms. That’s an immediate 25% increase on the value of your points when used for travel. Since the Chase Freedom has no annual fee, it’s worth considering to squeeze out every dollar you can for your wallet.

Get your hands on the Platinum Card^® from American Express and you can earn yourself a pretty nice 40,000 Bonus Points after spending $3,000 in purchases within the first 3 months of account opening. Members can earn 2x Membership Rewards points per dollar spent on Lyft rides after enrolling their eligible American Express cards, valid through December 31, 2016.

Platinum Card from American Express Summary:

• Apply Now
• Maximum Bonus: 40,000 Bonus Points
• Spending Requirement: Must spend $5,000 within 3 months of account opening.
• Annual Fee: $450
• Bonus Worth: The 40000 Bonus Points is worth about $400
• Expiration Date: None
• Additional Advice: There is no cap on points and they never expire, so accumulate as much as you can!

The Chase Freedom® Card is giving new cardholders the chance to earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. In addition to the $150 bonus, you’ll earn a $25 bonus when you add your first authorized user and make your first purchase within this same 3-month period.

Chase is offering public transportation as their current bonus-category spend. Lyft is currently coded under the 5x that you attain for the remainder of the quarter.

Chase Freedom Card Summary:

• Apply Now
• Maximum Bonus: $150 Cash + additional $25 authorized user bonus
• Spending Requirement: You must spend $500 within 3 months of account opening to get the $150 bonus. You must add an authorized user and make a purchase to earn the additional $25 bonus.
• Annual Fee: $0
• Bonus Worth: That’s $175 in cash back total!
• Expiration Date: No expiration
• Additional Advice: This card is great for people looking to build credit. Having personally used this card myself, I highly recommend it. The bonus is easy to earn and you never have to worry about an annual fee.

Get the Barclaycard Arrival Plus™ World Elite MasterCard® to earn 50,000 Bonus Miles after spending $3,000 in purchases within 90 days. If you travel often and you want a card that will help you get to your next destination sooner, this card is for you. With this card, you’ll earn 2X the miles on all purchases redeemable for travel or cash back statement credit, gift cards and merchandise. Keep in mind that only 10,000 Points can be redeemed at a time.

Barclaycard Arrival Plus World Elite MasterCard Summary:

• Apply Now
• Maximum Bonus: 50,000 Bonus Miles
• Spending Requirement:  Must spend $3,000 within first 90 days
• Annual Fee: $89 (waived for first year)
• Bonus Worth: The 50,000 Bonus Miles is worth $500
• Expiration Date: None
• Additional Advice: There is no cap on bonuses so earn as much as you can!

Conclusion:

With Lyft being a big contender in the Ride-Share Industry, it’s all the more necessary to find the perfect credit card in order to offer the most optimal maximization of your spend via Lyft. The Chase Sapphire Reserve is the most suitable card for this field offering a astounding 3X in travel, however, the $450 annual fee may dissuade consumers from applying for the card. In doing so, there are more clear alternatives such as the Citi ThankYou® Premier Card, Chase Sapphire Preferred® Card and so on so forth. As for me, my best bet is utilizing my Citi Premier at the time considering that I do not hold a Chase Sapphire Reserve.  Don’t forget to also check out our complete list of Credit Card Promotions today!