I’ve written extensively about Silvercar, including my rental experience with them in Orlando. Silvercar is an innovative rental car company available in over 20 US markets, which exclusively rents Audis.
They used to just rent the A4, but in the meantime have expanded their selection of cars, including Q5s, convertible A5s, and Q7s. I guess this isn’t too surprising, given that Silvercar was acquired by Audi.
While Silvercar has been around for years now, up until now they haven’t had a loyalty program — that has finally changed.
Silvercar Premium Rewards Loyalty Program
Silvercar has just rolled out their new loyalty program, which is called Premium Rewards. I’m surprised it took them this long to launch a loyalty program. Given their limited footprint and growth aspirations, you’d think they would have wanted to introduce this a while ago to increase loyalty.
Silvercar’s new loyalty program is straightforward — it’s revenue based, there are no elite tiers, and points earning and redemption rates are relatively consistent. Furthermore, you’re automatically enrolled with your first rental, so you’ll start earning rewards instantly.
Earning Points With Silvercar Premium Rewards
With Silvercar’s new loyalty program you earn one point for every dollar spent with them. This applies to all kinds of car rentals, but excludes taxes, fuel, coverage, and other fees.
During the booking process you’ll see the number of points you earn displayed, though it’s pretty straightforward.
Redeeming Points With Silvercar Premium Rewards
Redeeming Silvercar points is also straightforward. During the booking process you’ll have the option to redeem points for your rental.
You have the option of redeeming either 50% or 100% points towards the cost of a rental. It seems that one point will get you roughly 9-10 cents towards the cost of a future rental, meaning this is essentially a program offering a 9-10% rebate.
- Above I showed a rental that costs a total of $81, including a $65 base rate
- You could book the same rental for 684 points plus the $16 in taxes and fees, so that’s about 9.5 cents of value per point
That’s a pretty solid return when you consider how straightforward the program is.
As far as points expiration goes, Silvercar can’t seem to decide what their own policy is. The benefits page says that points don’t expire as long as you have some activity at least once every five years, while the terms state you need some activity at least every two years. So…
Other Ways To Save With Silvercar
In addition to Silvercar’s loyalty program, there are some other great ways to save with them. For one, if you have a Visa Infinite Card (like the Chase Sapphire Reserve®) you can always save 20% on the cost of your rental. Simply enter promo code VISAINF20 at the time of booking.
On top of that, if you haven’t yet rented from Silvercar, they have a generous referral program, where you can get $25 in cash after your first rental if you’re referred by an existing customer.
If you enter my code, BSCHLAPPIG, at the time you sign-up for Silvercar, you’ll get that after your first rental (and I’ll get the same). Just go to the top right of silvercar.com and click on “sign-up,” and then enter your email address and password. Once your email address has been verified you can log-in and enter the above referral code.
The above two promotions should be combinable, and in many cases should put a rental into a comparable price range to a basic rental from another car rental company.
Silvercar Premium Rewards Summary
Silvercar now has a loyalty program where you earn one point per dollar spent, and each point can be redeemed for 9-10 cents towards the cost of a rental. That’s an excellent additional reward when renting from my favorite car rental company.
(Tip of the hat to Summer Hull)