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Saving 21.5% on Uber Rides with Capital One Quicksilver

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Update: Some offers mentioned below are no longer available. View the current offers here – Capital One Quicksilver Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit Card

We’ve seen a lot of Uber brand promos, from SPG to E!’s The Royals, bringing a bit more value to what’s already a pretty good deal in many cities. But by far the most lucrative partnership — for riders, at least — is with Capital One. If you have a Capital One Quicksilver card, you can score 20% off all Uber rides through April 30, 2016, in addition to the 1.5% cash back you get on all Quicksilver purchases, bringing your effective rebate to 21.5%.

I got $3.79 back from my $16 UberX ride.
I got $3.79 back from my $17.65 UberX ride, bringing the cost down to just $13.86.

I signed up for the card and charged my first ride, and sure enough the 1.5% cash back credit appeared almost immediately, followed a few days later by a 20% rebate. Since you can apply any amount of cash back to existing purchases, I was able to deduct that amount (just 26 cents, in this case) from my first purchase on the card: an UberX ride between Manhattan and Brooklyn.

If you haven’t already tried Uber, you’re in luck. For a limited time, Uber is also offering two free rides (worth up to $30 per ride) to all eligible Capital One cardholders who register using the coupon code CAPITALONE by June 30, 2015. If you don’t already have a Quicksilver card, you can save 20% on Uber rides by signing up for (and charging your rides to) the Capital One Quicksilver (which also comes along with a $100 cash bonus after spending $500 in the first three months) or the Capital One QuicksilverOne.