Capital One Savor Card Uber Perks: Uber One & 10% Cashback

Link: Apply now for the Capital One SavorOne Cash Rewards Credit Card

In mid-November 2022, Capital One launched an awesome new partnership with Uber, for those with the Capital One Savor or Capital One SavorOne. If you ask me, this is an especially compelling reason to pick up the no annual fee Capital One SavorOne Cash Rewards Credit Card (review). As a matter of fact, I applied for the card precisely because of this perk.

I wanted to provide an update about how this partnership works in practice, as there have been questions about bonus miles and credits posting. Now I have quite a bit of firsthand experience, so I figured I’d report back.

Details of the Capital One & Uber partnership

Capital One and Uber have a partnership, which is initially valid for two years, from November 15, 2022, through November 14, 2024. It’s open to those with the Capital One Savor, Capital One SavorOne, Capital One SavorOne Student, and Quicksilver Student.

This includes not only elevated cashback for Uber and Uber Eats purchases, but also a complimentary Uber One membership. Let’s go over all the details.

Get 10% cashback with Uber & Uber Eats

Thanks to this partnership, eligible Capital One cardmembers can receive unlimited 10% cashback with Uber and Uber Eats through November 14, 2024. There’s no registration required — just set your eligible Capital One card as your default payment method with Uber or Uber Eats, and you’ll automatically receive 10% cashback in the form of statement credits with Capital One.

Keep in mind that while the Capital One SavorOne Card is technically a cashback card, these rewards can be converted into Capital One miles in conjunction with a card earning those rewards, like the Capital One Venture X Rewards Credit Card (review). I value Capital One miles at 1.7 cents each, so to me that’s like a 17% return on that spending, which is incredible. Of course even if you’re choosing to earn cashback, getting 10% back is awesome.

Keep in mind that you can stack this with earning Marriott Bonvoy points with Uber.

Get a complimentary Uber One membership

Thanks to this partnership, eligible Capital One cardmembers can receive a complimentary Uber One membership through November 14, 2024.

To access this complimentary Uber One membership, eligible Capital One cardmembers should enroll in an Uber One monthly membership in the Uber or Uber Eats app. Once they set their eligible Capital One card as the form of payment for the Uber One membership, they will receive a monthly statement credit through the end of the offer period.

An Uber One membership ordinarily costs $9.99 per month or $99.99 per year, and offers the following perks:

• 5% off eligible rides and orders of food, groceries, alcohol, and more
• Being matched with top-rated drivers
• An Uber One Promise, whereby on eligible deliveries you’ll get $5 in Uber Cash if the latest arrival estimate (shown after the order is placed) is wrong
• Unlimited $0 delivery fees on eligible food orders over $15 and grocery orders over $30
• Access to premium member support, special offers and promotions, and invite-only experiences

Why I applied for the Capital One SavorOne Card

Prior to this partnership, the Capital One SavorOne Card had been on my radar for quite some time, as part of an overall Capital One strategy. This partnership is what finally gave me the push that I needed to apply.

This is a great no annual fee card in general — it offers 3% cashback on dining, grocery stores, entertainment, and popular streaming services, all with no foreign transaction fees. On top of that, those rewards can be converted into Capital One miles at the rate of one Capital One mile per cent cashback, which is a great deal.

While I typically use Lyft for my ridesharing, I place more orders with Uber Eats than I’d care to admit. Having this no annual fee card allows me to get two years worth of Uber One (potentially worth over $200), and also allows me to earn 10x Capital One miles on all of my Uber and Uber Eats spending.

Otherwise I earn at most 5x points on Uber and Uber Eats, so this is a minimum of an incremental 5x points on those purchases compared to what I previously earned, so I value that at 8.5%. Getting an incremental 8.5% return on my Uber and Uber Eats spending for two years is something that is proving to be incredibly valuable.

Being able to get all of this just by having the no annual fee Capital One SavorOne Card is an obvious choice.

My experience with the Capital One Uber benefits

What has my experience been like so far with the Capital One SavorOne Card Uber benefits?

Let’s start with the $9.99 monthly Uber One credit. It seems like there’s some inconsistency when it comes to the timeline of this posting. I’m billed $9.99 by Uber on the 29th of each month. So far I’ve been charged by Uber on November 29 and December 29.

It has taken some time for these credits to finally post to my Capital One account, though they both hit my account this week. Specifically, both posted on January 5.

If you don’t want to keep manually checking whether these post, it seems like Capital One sends an email when the credit posts, congratulating you on using the credit, so that’s an easy way to keep track of it.

As far as the 10% cashback goes, I’m finding that this is posting very quickly. Shortly after an Uber or Uber Eats transaction hits my account, there’s a note in green showing that I earned 10% cashback for those purchases — awesome!

Bottom line

Capital One and Uber have a useful partnership. Through November 14, 2024, those with select Capital One cards can receive a complimentary Uber One membership (ordinarily $9.99 per month), plus 10% cashback on Uber and Uber Eats spending (which can be converted into Capital One miles, in conjunction with select other cards).

This is a valuable partnership, especially since it’s available on no annual fee cards. This is the push that I needed to apply for the Capital One SavorOne Card, and I’m loving the benefits so far.

What do you make of this Capital One and Uber partnership? Anyone else considering getting the Capital One SavorOne Card because of this?