Lyft Expands Monthly Subscription Plan, Targeted Riders Can Sign to Be Waitlisted
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Lyft is expanding its monthly subscription plans by targeting some of its most frequent riders to secure a spot on the waitlist for one of the "All-Access Plan" passes.
The ride-hailing service first began testing its All-Access Plan in March with a variety of plans, and now, Lyft is more widely opening up the option for frequent users to put their name on the waitlist for a pass. The All-Access Plan requires that you pay $200 up front and receive $15 off 30 rides. Any ride that is $15 or less is free, and if a ride is more than $15, your card will be charged the difference. While only top Lyft riders can add their name to the waitlist now, according to a statement provided to TechCrunch, Lyft plans to roll the All-Access Plan out to more passengers "in the coming weeks."
Beginning Thursday, frequent Lyft users in most major US cities will get a notification that you can join the waitlist when you open the app. If you're interested in the All-Access Plan but not set on it yet, you won't be charged just for adding your name to the waitlist — it's a non-binding enrollment.
When Lyft first detailed plans of launching the All-Access Plans, riders could sign up for a variety of packages, ranging in price from $450 to $199. Lyft appears to have settled on a final plan, consistent among all users in all major cities where the package is available.
The deal is definitely appealing, but the one major downfall is that the rides must be completed within a month. So, if there are 30 days in the month, you'll need to ride at least once every day — or multiple times in a day — in order to maximize the All-Access Plan. If you're able to do so, and your ride totals $15 every time, you could lock in some great savings — as much as $250. Eventually, Lyft plans to roll the All-Access Plan out to riders nationwide.
If you are going to purchase one of the passes, make sure you're doing so with a card that will earn you the most in return on your purchase. If the purchase is processed by Lyft, you'll be eligible to earn 3x Chase Ultimate Rewards points with the Chase Sapphire Reserve or 2x UR points with the Chase Sapphire Preferred Card.