A guide to Lyft benefits as a Chase Sapphire Reserve cardholder
Editor's Note
Editor's note: This is a recurring post, regularly updated with new information and offers.
Most Chase cardholders know that they earn additional points for Lyft rides, but the Lyft experience for Chase Sapphire Reserve® (see rates and fees) cardholders has even more to offer.
Cardholders also receive a $10 monthly Lyft in-app credit, which can add up to $120 in savings annually to use on rides through Sept. 30, 2027.
What Lyft benefits do I get as a Chase Sapphire Reserve cardholder?
As a Chase Sapphire Reserve cardholder, you already earn 1 point per dollar on all purchases, but with Lyft, you'll receive an extra 4 points on eligible Lyft rides (car rentals excluded) through Sept. 30, 2027.
As a cardholder, you also receive up to $10 in monthly in-app credits, up to $120 annually, to use on Lyft rides. Benefits runs through Sept. 30, 2027.
The credit applies to Standard, Extra Comfort, XL, Black, or Black SUV ride modes and may not apply to all Lyft charges or services. Wait & Save, bike or scooter rides on the Lyft app may be eligible, so try at your own risk.
As a Sapphire Reserve cardholder, you'll also receive a complimentary DoorDash DashPass subscription (activate by Dec. 31, 2027). If you link this membership to your Lyft account, you can receive discounts on your rides each month.
Bottom line
The monthly $10 ride credit toward Lyft rides is useful and helps offset the Chase Sapphire Reserve's steep $795 annual fee. Just keep in mind that you can't use this credit on certain types of Lyft rides and it doesn't roll over month-to-month.
If you rarely use ride-hailing apps, then this benefit provides little value. But if you're naturally using Lyft each month, this benefit can help you save some extra cash.
To learn more, check out our full review of the Chase Sapphire Reserve.
Apply here: Chase Sapphire Reserve
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| 2X miles | Earn 2X miles per $1 on every purchase, everywhere |
| 5X miles | Earn 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Business Travel |
Pros
- Simple earning structure
- Bonus categories
- Annual credits
- No foreign transaction fees
- Flexible redemption options, including transfer partners
Cons
- Has an annual fee
- Fewer bonus categories than some competitors
- Lacks premium perks
- Limited-time offer: Earn up to 150,000 bonus miles—75,000 miles once you spend $7,500 in the first 3 months, and an additional 75,000 miles once you spend $30,000 in the first 6 months
- Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
- Receive up to $220 in credits: Receive an annual $50 travel credit for bookings through Capital One Business Travel, up to an annual $50 statement credit for purchases at qualifying advertising or software merchants, plus up to a $120 credit for Global Entry or TSA PreCheck® every four years. Terms and conditions apply
- Unlimited 5X miles on hotels, vacation rentals and rental cars booked through Capital One Business Travel
- Transfer your miles to 15+ travel loyalty programs
- Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
- $95 annual fee
- Free employee cards which also earn unlimited 2X miles from their purchases
- Top rated mobile app