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Capital One and Uber Partner to Launch Loyalty Program, Free Rides

June 15, 2016
4 min read
uber - featured
Capital One and Uber Partner to Launch Loyalty Program, Free Rides
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Update: Uber and Capital One announced that starting November 2, you'll get $15 in Uber credits instead of a free ride every time you pay for nine rides with your eligible Capital One Card through March 31, 2017. This is a great change, because instead of the free ride only being used on a singular trip, the $15 in credits can be used on multiples rides at any time through April 30, 2017.

Last year, Capital One and Uber announced a partnership, offering riders one of the best returns on an Uber ride when using a Capital One Quicksilver Cash Rewards Credit Card or Capital One QuicksilverOne Cash Rewards Credit Card credit card. If a rider used one of the two eligible cards for their Uber trips, they would get 20% off their ride — in addition to the 1.5% cash back on every purchase, for a total of 21.5%. Unfortunately, that offer expired as of April 30, 2016, and since, there has been no bonus for Capital One cardholders who ride with Uber. (If you don't already have an Uber account, you can sign up now to receive a free ride [up to $15] from TPG.)

However, that is changing as of today, as Uber and Capital One have launched an in-app loyalty program that will allow cardholders of the Capital One Quicksilver or Capital One QuicksilverOne card to earn rewards with the car service. From now through March 31, 2017, Capital One cardholders who use one of their eligible cards for Uber purchases will get every 10th ride for free (up to $15), with no cap on the number of free rides earned. Riders with eligible cards synced to their Uber accounts and with the latest version of Uber downloaded on their phone will be automatically enrolled in the new rewards program and can track their progress toward earning free rides.

You can track your progress to earning a free ride and choose when to use it on the Uber app.

Once a passenger has used one of their eligible cards to ride nine times with Uber, the free 10th ride will automatically be credited to their account, and the free rides will be available to use through April 30, 2017 — a month between when the promotion ends and when the free rides will expire. This is an especially nice perk in that the rider can choose when to use the free ride — it doesn't have to be the first ride after they've hit the mark. It's worth noting that you cannot stack multiple $15 free rides during one ride — each must be used on its own. Note that this is available for all passenger services, such as UberX, UberPool and UberBlack rides, but it does not include other services like UberTaxi, UberEats or UberRush. In addition, you must use a Quicksilver card to pay for each ride, and other services like PayPal or Apple Wallet are not eligible.

Capital One is also offering cardholders the chance to get their first ride for free (up to $30) with the promo code CapitalOne30 through July 31, 2016. Note that you must have a Capital One credit or debit card linked with your Uber account in order to take advantage of this promotion.

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Ultimately, this is a nice perk and justifies having a Capital One card synced with your Uber account, but it isn't as lucrative as the previous Capital One and Uber partnership that gave riders 21.5% cash back. However, when stacked with the 1.5% back you'll get on every purchase, this new promotion will give you a pretty good return on your spend, especially if the nine rides you take to unlock the free ride are shorter in length.

TPG featured card

Rewards rate
4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4XEarn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
5XNew! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
3XEarn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
2XEarn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
Intro offer
Open Intro bonus
As High As 100,000 points. Find Out Your Offer.
Annual fee
$325
Regular APR
See Pay Over Time APR
Recommended credit
Open Credit score description
Excellent to Good

Pros

  • Valuable dining and food-related credits
  • Flexible rewards with airline and hotel transfer partners
  • Multiple travel and purchase protections
  • No foreign transaction fees
  • Access to Amex Offers for additional savings (enrollment required)

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
  • Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
  • Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
  • Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
  • $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
  • $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
  • New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
  • Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
  • Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
  • Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.