Uber Will Launch a Credit Card With Barclaycard This Fall
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Live Application Link: Uber Visa Card
There are plenty of credit cards that can help you maximize your spending on ride-sharing services — the Chase Sapphire Reserve earns you 3x points on travel including this form of transportation, and the Platinum Card from American Express offers $15 in Uber credit each month (except in December, when you get $35) — but soon you’ll be able to apply for a dedicated Uber credit card. As reported by The Wall Street Journal, the company announced that it’s partnering with issuer Barclaycard to release a co-branded Visa card to US customers later this fall — and sources say Lyft may be working on a card of its own as well.
Unfortunately, that’s about all we know so far; no info on how the card will reward users has been shared yet. For instance, will Uber offer cash back, or will it launch a rewards program of its own along with a corresponding redemption scheme? It’s also not clear what, if anything, the card will offer as a sign-up bonus, and whether it will charge an annual fee.
Here’s hoping that this new card’s rewards for frequent Uber customers are at least competitive with the aforementioned Sapphire Reserve and Amex Platinum — and we’ll have to see if the Amex Platinum continues to offer these credits once the Uber card’s released. So for now, there’s not a ton to say, but this news is definitely intriguing; Uber will (unsurprisingly) be the first ride-sharing company to release its own credit card, and we can’t wait to see the earning rates and other details — and see how competitors such as Lyft respond.
What would you like to see in an Uber credit card?
Featured image courtesy of Spencer Platt via Getty Images.
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