Over the past few years, Lyft and Uber have become the preferred means of commute for many people, young and old alike. However, while hailing a Lyft or Uber ride is extremely convenient, the cost can add up, especially if you travel during peak times. But, there are a few things you can do to make your Lyft or Uber ride less expensive. Here’s all you need to know.
1. Shared rides: Probably one of the easiest ways to slash your travel fare considerably is by opting for a shared ride. Both Lyft and Uber offer this service to customers via Lyft Shared and UberPool, respectively. UberPool works by finding riders that are heading in the same direction, so all riders can share the cost of the ride. Similarly, Lyft Shared connects you with other riders heading in the same direction.
2. Sign up for the rewards program: Uber has a pretty robust rewards program that helps you earn benefits and perks for being a loyal customer. Essentially, the more you ride with Uber, the more points you will be rewarded. You even get points for ordering through Uber Eats. Lyft doesn’t have a great rewards program like Uber does. However, the company has a business incentive program that helps you save money on work-related rides. With Lyft, for every 5 qualifying rides that you take, you get $5 off of your next ride.
3. Use the right payment method: Did you know charging your Uber or Lyft travel expenses to the right credit card can help you save some major bucks? Almost all major credit card providers such as Mastercard®, American Express®, and Visa® have partnered with apps like Uber and Lyft. Look out for these credit cards since you could save a surprising amount of money especially if you travel often:
- Uber Visa® Card
- Lyft World Elite Mastercard®
- Platinum® Card from American Express® (partnered with Uber)
4. Refer your friends and family: By now, it’s likely that most people you know already use Lyft and Uber. But, if you come across a friend or family member that doesn’t have these apps installed (say, your old aunt), send them your referral code and ask them to sign up.
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