Skip to content

Why your next New York City Uber could be a yellow taxi

March 24, 2022
4 min read
Why your next New York City Uber could be a yellow taxi
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

It's a move that may soon make it easier (and cheaper) for New York City passengers looking to catch a ride amid a driver shortage and rising gas prices.

Riders will have access to yellow cabs on the Uber app starting later this year, the tech company confirmed to TPG. The change could also mean that the skyrocketing costs for the ride-hailing service might start to come down.

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

A taxi drives through Times Square on Nov. 16, 2020, in New York. (Photo by Eduardo MunozAlvarez/VIEWpress)

It's welcome news for carless New York City residents, who will have access to thousands of yellow taxi drivers via the Uber app. This will provide more driver options for riders while potentially lessening frustration due to surging fares and long wait times due to low availability.

“Uber has a long history of partnering with the taxi industry to provide drivers with more ways to earn and riders with another transportation option," said Andrew Macdonald, senior vice president of mobility and business operations at Uber. "Our partnerships with taxis look different around the world, and we’re excited to team up with taxi software companies CMT and Curb, which will benefit taxi drivers and all New Yorkers.”

Thursday's announcement is the result of a partnership between Uber, Creative Mobile Technologies and Curb Mobility, the latter of which are taxi tech software providers for the city's taxis. Working together, the three companies expect to begin rolling out services later this spring, with a full launch this summer, before eventually comprising 100% of New York City cabs on the Uber platform, according to Uber.

Uber hopes this will be a win-win for both riders and drivers, who have collectively suffered from higher fuel prices.

New York City's Taxi & Limousine Commission recently implemented a for-hire vehicle minimum wage including a 5.3% cost-of-living increase for Uber and Lyft drivers. That does not apply to taxis, but the TLC has hinted they may also get that raise. A fuel surcharge implemented by Uber in response to rising gas prices doesn't include New York City because of the new minimum wage law.

The tech giant says the partnership will yield more trips and revenue for its drivers due to expanded access to Uber's customer base, adding to the existing driver fleet of approximately 90,000 New York City-based Uber drivers.

Sign up for our daily newsletter

Related: You can finally see what your Uber drivers really think of you

"This is a real win for drivers – no longer do they have to worry about finding a fare during off-peak times or getting a street hail back to Manhattan when in the outer boroughs," Guy Peterson, director of business development for Uber, said in a press statement on March 24. "And this is a real win for riders who will now have access to thousands of yellow taxis in the Uber app."

Although this alliance is the first of its kind domestically, Uber has partnered with taxi software and fleet operators globally for many years, including in Spain, Hong Kong and Turkey, as riders continue to use Uber to request trips with taxis in dozens of intentional cities.

Currently, Uber has more drivers in the U.S. than at any point during the COVID-19 pandemic, and the company has not reported a loss of drivers in the U.S. and Canada, despite high fuel prices.

"New York City is back!," Ron Sherman, chairman of Creative Mobile Technologies, said in a press release. "As businesses bring their employees back, as tourists flock to New York City again and as New Yorkers start going out and replenishing our local economy after a devastating pandemic, yellow taxis and Uber are bringing the best our industries have to offer to help this city get back on its feet."

Read more: You can now make dinner reservations, buy concert tickets and more with Uber Explore

Featured image by Corbis via 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.

Top offers from our partners

How we chose these cards

Our points-obsessed staff uses a plethora of credit cards on a daily basis. If anyone on our team wouldn’t recommend it to a friend or a family member, we wouldn’t recommend it on The Points Guy either. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners.
See all best card offers

TPG featured card

Best for earning alternative rewards for travel purchases
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review
Apply for Credit One Bank Wander® Card
at Credit One Bank's secure site

Rewards

1 - 10X points
10XEarn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site
5XEarn 5x points on eligible travel, dining, and gas
1XEarn 1x points on all other purchases

Intro offer

Earn 10,000 Bonus Points
Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel

Annual Fee

$95

Recommended Credit

Fair/Good
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.

Why We Chose It

The revamped Wander Card from Credit One Bank earns cardmembers up to 10 points per dollar spent on eligible travel purchases. With no foreign transaction fees, the card is also great for international travel. However, points earned from this card can only be used at a fixed value, so it may not be the best option for those striving to get maximum value from their rewards.

Pros

  • This card has no foreign transaction fees and earns up to 10 points per dollar on travel purchases through the Credit One Bank travel partner site.

Cons

  • While cardholders can earn a significant amount of points on travel purchases, there isn't any way to redeem points from the Wander Card for maximum value (beyond 1 cent per point).
  • Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel
  • Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel site
  • Earn 5x points on eligible travel, dining, and gas
  • Earn 1x points on all other purchases
  • Redeem your reward points for statement credits, gift cards, merchandise, flights, hotels, and more
  • With $0 Fraud Liability, you won’t be responsible for unauthorized charges
  • Free Online Credit Score and Credit Report summary, terms apply
  • If you are a Covered Borrower under the Military Lending Act, you may get a different offer
  • See Rates & Fees
Apply for Credit One Bank Wander® Card
at Credit One Bank's secure site
Terms & restrictions apply. See rates & fees
Best for earning alternative rewards for travel purchases
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review

Rewards Rate

10XEarn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site
5XEarn 5x points on eligible travel, dining, and gas
1XEarn 1x points on all other purchases
  • Intro Offer
    Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel

    Earn 10,000 Bonus Points
  • Annual Fee

    $95
  • Recommended Credit
    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.

    Fair/Good

Why We Chose It

The revamped Wander Card from Credit One Bank earns cardmembers up to 10 points per dollar spent on eligible travel purchases. With no foreign transaction fees, the card is also great for international travel. However, points earned from this card can only be used at a fixed value, so it may not be the best option for those striving to get maximum value from their rewards.

Pros

  • This card has no foreign transaction fees and earns up to 10 points per dollar on travel purchases through the Credit One Bank travel partner site.

Cons

  • While cardholders can earn a significant amount of points on travel purchases, there isn't any way to redeem points from the Wander Card for maximum value (beyond 1 cent per point).
  • Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel
  • Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel site
  • Earn 5x points on eligible travel, dining, and gas
  • Earn 1x points on all other purchases
  • Redeem your reward points for statement credits, gift cards, merchandise, flights, hotels, and more
  • With $0 Fraud Liability, you won’t be responsible for unauthorized charges
  • Free Online Credit Score and Credit Report summary, terms apply
  • If you are a Covered Borrower under the Military Lending Act, you may get a different offer
  • See Rates & Fees