Chase extends Lyft partnership, with decreased earning rates for some cards
Editor's Note
As of April 1, Lyft will unveil new earning rates for eligible Chase cardholders who earn bonus points when riding with Lyft.
For context, Chase maintains many partnerships with everyday brands like DoorDash, Instacart and Peloton, providing exclusive perks for cardholders. But these partnerships change over time and may even end unless Chase decides to renew the contract.
Here's what you need to know about the Chase-Lyft partnership starting April 1.
Lyft benefits by Chase card
The earning rates vary depending on the Chase card you carry, so let's look at the potential returns you may receive. These earning rates will apply as of April 1.
Chase Sapphire Reserve
Chase Sapphire Reserve® cardholders will now receive a $10 monthly Lyft credit, meaning potential savings of up to $120 annually. The credit does not apply to Wait & Save, bike or scooter rides. (Through Sept. 2027)
Sapphire Reserve cardholders will also earn 5 points per dollar spent on Lyft purchases, a decrease from their previous earning rate of 10 points per dollar through March 31.
As of March 2025, TPG values Chase Ultimate Rewards points at 2.05 cents apiece, so cardholders will still get a 10.25% return on Lyft rides — a good deal if you frequently use the service to ride around the city or need airport transportation.
Sapphire Reserve cardmembers who have already signed up for the two-year complimentary Lyft Pink All Access membership will continue to have access to that benefit through the duration of their benefit term. This deal will not be available for new members, though.
All other Chase cards
If you carry the Chase Sapphire Preferred® Card, you'll earn 5 points per dollar spent on Lyft rides, for a 10.25% return based on TPG's valuations. (Through Sept. 2027)
All Ink business cardmembers, including those with the Ink Business Premier® Credit Card, the Ink Business Cash® Credit Card, the Ink Business Unlimited® Credit Card and the Ink Business Preferred® Credit Card, can continue to earn 5 points per dollar spent on rides or 5% cash back. (Through Sept. 2027)
The cash-back rate is decreasing for the Chase Freedom Card (no longer available to new applicants), the Chase Freedom Flex®, the Chase Freedom Unlimited®, the Chase Freedom Rise and the Chase Freedom® Student card, from 5% cash back to 2% cash back on all Lyft rides. (Through Sept. 2027)
The information for the Chase Freedom Student and the Chase Freedom Rise has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
It's worth noting that Lyft's eight-year partnership with Delta Air Lines, as the airline is starting a partnership with Uber. Earning rates for the new partnership have not yet been announced. Through April 7, those who link their Delta SkyMiles and Lyft accounts can earn 1 mile per dollar spent on Lyft rides in the U.S.
Bottom line
As of April, most Chase cardholders who link their Lyft and Chase accounts can earn up to 5 points per dollar spent on Lyft rides. Those who carry one of Chase's Freedom cards will earn 2% cash back.
New users can read more about linking their accounts here.
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