In 2020, we saw the introduction of a partnership between Chase and Lyft, offering the opportunity for cardmembers to earn bonus points and receive perks. Like most credit card partnerships, this one was limited time, and was supposed to expire on March 31, 2025.
There’s now an update — the partnership has been extended, but with some benefits changes, both positive and negative. There’s both good and bad news, so let’s cover the details.
In this post:
Chase offers bonus points and credits with Lyft
Chase and Lyft have extended their partnership, and have just announced the new perks that we can expect between April 1, 2025, and September 30, 2027. With this, here are the Lyft perks that we can expect on various Chase cards during this period:
- The Chase Sapphire Reserve® (review) offers 5x points on Lyft rides, plus a $10 monthly in-app credit (excludes Wait & Save, bike, and scooter rides)
- The Chase Sapphire Preferred® Card (review) offers 5x points on Lyft rides
- The Ink Business Preferred® Credit Card (review) offers 5x points on Lyft rides
- The Ink Business Cash® Credit Card (review) offers 5x points on Lyft rides
- The Ink Business Unlimited® Credit Card (review) offers 5x points on Lyft rides
- The Chase Freedom FlexSM (review) offers 2x points on Lyft rides
- The Chase Freedom Unlimited® (review) offers 2x points on Lyft rides
To take advantage of this, just add your eligible Chase card to your Lyft profile, and use it to pay for rides. You’ll see the bonus points automatically post to your Chase account, and there’s no limit to how many bonus points you can earn. Similarly, in the case of the Chase Sapphire Reserve, you’ll see the in-app credit automatically deposited in your account if you have it linked.
So, what has changed compared to the previous partnership?
- Points earning on some cards are being reduced — the Chase Sapphire Reserve goes from earning 10x points to earning 5x points, while the Chase Freedom products go from earning 5x points to 2x points
- Unlike before, the Chase Sapphire Reserve no longer offers a Lyft Pink membership
Personally, I value Ultimate Rewards points at ~1.7 cents each. So while I’m sad to see points earning opportunities reduced and the Lyft Pink membership eliminated, I’ll still take this new arrangement. 5x points and a monthly $10 credit is better than nothing.
This partnership has changed my rideshare behavior
When it comes to these types of partnerships, I think there are often questions about how well they actually work when it comes to influencing consumer behavior in the long run. Is Lyft just giving something away to Chase cardmembers for free, and then when benefits end, people go back to their old behavior?
I can only speak for myself, but this partnership has definitely changed my behavior:
- Before the partnership was introduced, I almost always used Uber, while now I almost always use Lyft
- I’ve just generally found Lyft to be a friendlier platform, I’ve found the pricing to be competitive (and often better), and then the bonus points are the icing on the cake
- For premium rides in Miami, I find that Lyft is significantly cheaper than Uber, so I very much appreciate that
- While I’m sad to lose the Lyft Pink membership, I still value the $10 credit pretty close to face value
Don’t forget to earn other rewards for your Lyft rides
As a general reminder, Lyft also has partnerships with Alaska Mileage Plan, Bilt Rewards, and Hilton Honors, so members can earn bonus rewards with their choice of one of those three programs:
- Alaska and Lyft have a partnership, offering 1x Alaska Mileage Plan miles per dollar spent on US and Canada Lyft rides, with no caps on how many miles you can earn
- Bilt and Lyft have a partnership, offering 2x Bilt Rewards points per dollar spent on US rides, with no caps on how many points you can earn
- Hilton and Lyft have a partnership, offering 3x Hilton Honors points per dollar spent on US Lyft private rides, on up to $10,000 of spending per year
Personally, I think the Bilt partnership is the most lucrative, while I’d consider the Alaska and Hilton partnerships to be roughly equally valuable. Also make sure you’re using the best credit cards for Lyft rides.
Bottom line
The partnership between Chase and Lyft has been extended through September 30, 2027, with changes as of April 1, 2025. The Chase Sapphire Reserve is going from earning 10x points to earning 5x points, and it’s getting a $10 monthly Lyft credit in lieu of the Lyft Pink membership. Meanwhile Chase Freedom products are going from earning 5x points to 2x points. Other than that, everything stays the same.
What do you make of the extension and changes to the Chase and Lyft partnership?
The Delta partnership is still valid until April 7, as you’ve reported yourself, so maybe you should add that partnership to your list and remind people to change their partner selection on April 8.
How does this compare to the AmEx Platinum monthly Uber credit given that AmEx rewards points are arguably more valuable than Chase rewards points?
I don’t have a built credit card but i was still able to sign up for a built rewards account so that I can earn built points while using Lyft. No idea why Alaska only gives 1x on Lyft rides when I get 2x with Built and can transfer to Alaska.
Seeing this really makes me wish Capital One and Uber could renew their expired agreement. Although Uber's dominant position probably makes this less likely, since they don't need it, whereas I suspect Lyft gets something worthwhile out of this Chase partnership.
elephant in the room question, does the $10 monthly lyft credit roll over?
They need to replace Delta with United (maybe likely given Chase ties) or American.
Downside of the Freedom Flex earning decreasing is that that is a Mastercard and so 3x Lyft rides per month earned a $5 credit -- so now it's a choice between working toward that credit and earning more points. Though I'm also now needing to strategize about the monthly rideshare credit from the United Explorer card...maybe I do Explorer card first, then Freedom Flex for the next three rides, and then Sapphire? Or if it's...
Downside of the Freedom Flex earning decreasing is that that is a Mastercard and so 3x Lyft rides per month earned a $5 credit -- so now it's a choice between working toward that credit and earning more points. Though I'm also now needing to strategize about the monthly rideshare credit from the United Explorer card...maybe I do Explorer card first, then Freedom Flex for the next three rides, and then Sapphire? Or if it's a month I know I won't get four rides, go Explorer card, then Sapphire.
10X Was really a gamechanger for me. 5X is still good and it stacks with Bilt, but will definitely start checking Uber at the same time too, which I never did unless Lyft pricing was crazy.
In my city, I almost exclusively use Lyft. I used to be loyal to Uber (since that was the "main" one), but ever since I moved to where I live now Lyft has not only been cheaper, but has almost always offered shorter wait times than Uber, sometimes significantly so. I also like that Lyft's low-cost option is "wait and save" rather than a carpool. Being in a city, there are so many drivers that...
In my city, I almost exclusively use Lyft. I used to be loyal to Uber (since that was the "main" one), but ever since I moved to where I live now Lyft has not only been cheaper, but has almost always offered shorter wait times than Uber, sometimes significantly so. I also like that Lyft's low-cost option is "wait and save" rather than a carpool. Being in a city, there are so many drivers that even choosing "wait and save" will rarely have you waiting more than 5 minutes for a ride.
Let’s see what Delta and Uber come out with! Without 10X that may be the end of Lyft for me
If you look at the Marriott/Uber partnership, you already know.
Honestly, once Uber left the C1 Savor, it is an afterthought for me.
I had been using the CFF for 5x, but now, the Bilt card will get my Lyft spend.
This is a shame! I think I managed to put over $30k through lyft last year - nice points earner. I will probably rebalance towards uber a bit more as I often find it cheaper and 3x vs 5x doesn't make that big a diference
Losing lyft pink will hit a small set of people hard in NYC as that included a citibike membership
Half the reason I was considering product changing was to get the lyft pink, since free city bikes can be fantastic way to get home at night.