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A guide to Lyft benefits as a Chase Sapphire Reserve cardholder
Danyal Ahmed
Credit card writer
Credit card writer Danyal Ahmed is an avid traveler, averaging about 100,000 aeronautical miles per year. He regularly applies that knowledge and his expertise in credit cards to his role as a credit card writer at TPG.
July 15, 2025
•
2 min read
A guide to Lyft benefits as a Chase Sapphire Reserve cardholder
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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.
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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
Featured image by LOREN ELLIOTT/BLOOMBERG/GETTY IMAGES
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
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TPG Editor‘s Rating
Go to reviewCard Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
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Apply for Capital One Venture X Business
at Capital One's secure site
Terms & restrictions apply. See rates & fees
Best for businesses with high spending
TPG Editor‘s Rating
Go to reviewCard Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
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Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
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Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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Cons
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- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month