Saving 21.5% on Uber Rides with Capital One Quicksilver

May 22, 2015

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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.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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