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If you’re looking for your next rewards card and spend a lot of money on Uber, then you might consider a card that can help you offset ride costs.
Many credit cardholders swear by the popular Chase Sapphire Reserve® as the best all-purpose travel rewards card, but that’s only if you do enough traveling to take advantage of the card’s best benefits (and make the hefty $450 annual fee worth it). If you’re a less frequent traveler whose enjoys dining out and cabbing it home, then the Uber Visa Card might be the better choice.
Consider this general card comparison:
- The Chase Sapphire Reserve® is hard to beat if you want great travel rewards, but only if you spend $1,000 or more on travel and dining each month, plus another $1,000 on other purchases. That spending activity nets you about $570 a year in travel rewards (after factoring in the annual fee of $450 and credits). The Uber Visa Card would net you $540 in rewards based on the same spending – not a huge difference. But depending on your lifestyle, you might find that other Chase Sapphire Reserve® perks (like travel insurance and the Priority Pass™Select membership that gives you access to 1,000+ airport lounges) provide better value.
- If you don’t really care about airline miles and hotel stays, or are more of a foodie, go for the Uber Visa Card. It offers 4% back on dining, 3% back on hotel and airfare, 2% back for online purchases, and 1% on everything else – for a $0 yearly fee.
- For those who’d like some travel rewards but aren’t big spenders, it’s a tougher call, but the Uber Visa Card might still come out ahead if you frequently use Uber to get around and wish to redeem your earnings toward your rides. Just know that there’s no option to redeem your rewards for airline miles.
We’ll help you sort out the other card details and pros and cons below.
By the numbers
|Uber Visa Card||Chase Sapphire Reserve®|
|Regular purchase APR||17.24%, 22.99% or 25.99% variable||19.24% - 26.24% Variable|
|Rewards||4% back on dining, 3% back on hotel and airfare, 2% back for online purchases, and 1% on everything else||3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.|
|Uber rewards||Rewards can be redeemed for Uber credits. One point is worth $0.01, so 5,000 points are worth $50 in Uber credits.||Uber is considered a travel expense, so you’ll earn 3X points when you pay for rides. Plus, it qualifies as part of the $300 travel reimbursement.|
|New cardmember offer||Earn $100 after spending $500 on purchases in the first 90 days from account opening.||Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.|
|Foreign transaction fee||None||$0|
Chase Sapphire Reserve® Pros and Cons
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
$300 Annual Travel Credit, Airport Lounge Access, and Flexible Redemption Options
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
- $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
- 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
- Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
- Up to $100 application fee credit for Global Entry or TSA Pre✓®
See additional details for Chase Sapphire Reserve®
Transfer Chase Ultimate Rewards® points into airline miles or hotel points
Chase Ultimate Rewards® is arguably the most flexible points program available. In addition to receiving a 50% more value for your points through the Ultimate Rewards travel portal with the Chase Sapphire Reserve® (so 50,000 points equals $750), you can also transfer your points. You’ll get a full 1:1 value with the following partners:
- Aer Lingus, AerClub
- British Airways Executive Club
- Flying Blue AIR FRANCE KLM
- Iberia Plus
- JetBlue TrueBlue
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards®
- United MileagePlus®
- Virgin Atlantic Flying Club
- IHG® Rewards Club
- Marriott BonvoyTM
- World of Hyatt®
By spending the $4,000 required for the sign-up bonus, you can potentially earn 54,000 Ultimate Rewards points as a new cardholder (4,000 points from the spending, plus the 50,000 point bonus), worth around $810 in travel ($540 from the points, plus another $270 when you apply the 50% bonus if you redeem via the Ultimate Rewards Travel portal). And there’s potential for even better value if you’re transferring to a partner program.
$300 annual travel credit
Another popular feature of the Chase Sapphire Reserve® is the $300 annual travel credit. Unlike other cards, the $300 annual travel credit is available for all travel purchases, from airfare and hotel rooms to extra fees, like checked baggage – Uber rides, too! Even better, statement credits post the same day and appear on your monthly statement within one to two billing cycles.
Travel insurance benefits when paying with your card or Ultimate Rewards®
A unique benefit of the Chase Sapphire Reserve® is its travel insurance benefits when paying for a trip with your card, or with Ultimate Rewards points:
- Baggage delay: Reimburses you for essential purchases such as toiletries and clothing for baggage delays over six hours by passenger carrier up to $100 a day for five days.
- Baggage loss: If your luggage is damaged or permanently lost by an airline, you’re covered up to $3,000 per passenger.
- Trip delay: When a common carrier is delayed by six hours or more, you and your family are covered for unreimbursed expenses, like meals and lodging, up to $500 per ticket.
- Travel accident insurance: When you pay for your air, bus, train or cruise transportation with your card, you are eligible to receive accidental death or dismemberment coverage of up to $1,000,000.
High annual fee
Although you receive many benefits from the Chase Sapphire Reserve®, the $450 annual fee give many people pause. While it’s in line with other high-end cards, you’ll want to be sure the value you earn is at least $150 more than the $300 annual travel credit. If not, this may not be the best card for you.
Only two bonus categories
Another con is that it only offers two bonus categories: 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees. While the categories cover a broad range of restaurants (fine dining to fast food) and travel options (flights, cruise lines, hotels, car rentals, trains and taxis), having only two bonus earnings can be limiting if you have more diverse spending habits.
Fewer booking options on the Chase website
Finally, while you get 50% more value in when redeeming for travel through Chase Ultimate Rewards, your booking options may be limited. With the sole exception of Southwest, Chase Ultimate Rewards restricts the number of low-cost carriers you can book with around the world. Common discount airlines in other parts of the world, including Air Asia, easyJet and Ryanair, are all off the table.
Uber Visa Card Pros and Cons
$0 annual fee
It’s a rare find to get a rewards card with category bonuses that has no annual fee. Without that yearly charge, you can get ahead almost from the start.
High bonus categories for dining and travel
The 4% back on dining bonus that also includes UberEATS, is the biggest bonus we have seen in the category. Plus, earning 3% back on travel and 2% back for online shopping are also generous, and sometimes excluded from other programs.
$50 online subscription service credit
Although there are no travel or monthly Uber credits offered by the Uber Visa Card, the card makes up for it somewhat by offering up to a $50 credit for online subscription services after you spend $5,000 or more on your card per year. Eligible online subscriptions include:
- Apple Music
- Amazon Music
- Google Music
- Sirius XM
- HBO NOW
- DirecTV NOW
- The membership fee for Amazon Prime
Just spending $5,000 every year can cover nearly half of the annual fees for services like Hulu and HBO NOW, and over half the fee for Amazon Prime. Not a bad deal.
No airline or hotel transfer options
Uber credits can only be used in the U.S. starting at 500 points for a $5 credit, and have strict limitations. Credits can’t be used when paying with a family profile, and only the primary cardholder can redeem points for Uber credits. For gift cards and cash back, the minimum is 2,500 points for $25.
No travel insurance options
While the card offers up to $600 in coverage for stolen and damaged cellphones, as well as involuntary and accidental parting of your cellphone when you pay your monthly phone bill with the card, the card does not come with any other travel insurance options, such as trip delay or baggage loss protections, it’s not the best travel card option.
Limited categories for online purchases
A big upside of the card is the 2% back on online purchases from retailers, including Amazon – but not all transactions qualify. If you make an online purchase through a third-party service, including PayPal, Venmo, Apple Pay, Samsung Pay and Android Pay, it will only count at 1%, even if it’s an online purchase. Plus, online payments for utilities, contracted services, government services, or professional services will not count for a 2% return in the online purchase category.
Why you may want to have both cards
If you have the Chase Sapphire Reserve® already, adding the Uber Visa Card is an easy way to earn extra cash back in categories other than travel and dining. With no annual fee, having this card will add no out-of-pocket cost to your reward strategy and offer bonuses not available with the Chase Sapphire Reserve®, like the $50 yearly streaming service credit.
With both rewards cards, you can use your Uber Visa Card points to save on Uber rides to the airport, and earn your Chase Sapphire Reserve® travel credit on flights and hotel stays (that you already saved on by booking through the Ultimate Rewards portal or partner exchange). From there, you can stream content while you’re in the air knowing that the first $50 of those services are covered by the Uber Visa Card. Best of all, you can relax knowing that the whole trip – as well as your luggage, phone, and other belongings – will be covered by protections and insurances should something cause plans to go awry.
What other cards offer Uber credits?
The Platinum Card® from American Express, Chase Sapphire Preferred® Card and Ink Business Preferred℠ Credit Card are other cards offering Uber credits.
The Platinum Card® from American Express – with its 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months. – is an elite card geared toward travelers who like VIP perks from preferred seating to global lounge access. You’ll also get 5X points on flights and prepaid hotels booked through the American Express Travel portal (amextravel.com); and 1X points on all other purchases. Another perk is the $200 airline credit, but it must be used with one of the nine qualifying airlines. But the Uber value is strong – you’ll receive $15 in Uber credits for U.S. rides every month plus a bonus $20 in December, delivered through an exclusive Uber app experience. That’s up to $200 in free Uber rides each year. The downsides are the high annual fee of $550, and the low earnings outside of travel.
The Chase Sapphire Preferred® Card is like the little sibling of the Chase Sapphire Reserve®. While many of the core benefits are the same (the 1:1 point transfers and travel protections), on this card you’ll earn just 2X points on travel and dining. But, with a much lower $95 annual fee, it could be the compromise you’re looking for. For the sign up bonus, you can Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Points are worth just 25% more when redeemed for travel through Chase Ultimate Rewards® (that’s 25% less than Reserve customers get). As for Uber, you’ll earn just 2X points on your rides, which are classified as travel.
60,000 bonus points
2X points on travel and dining
1:1 point transfer to leading airline and hotel loyalty programs
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
See additional details for Chase Sapphire Preferred® Card
If you’re in the market for a business credit card, with the Ink Business Preferred℠ Credit Card you can Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening – that’s worth $1,000 towards travel rewards when redeemed through Chase Ultimate Rewards®. The annual fee is just $95. As for as bonus categories, they are all aimed at small business owners: Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn. With Uber once again counting as travel, you’ll get 3X points.
Earn 80,000 bonus points
Earn 3 points per $1 in select business categories
Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
- Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
- No foreign transaction fees
- Employee cards at no additional cost
- $95 Annual Fee
See additional details for Ink Business Preferred℠ Credit Card
Choosing rewards cards always comes down to your spending style and travel habits. You can enjoy a nice selection of travel and dining rewards with the Uber Visa Card without worrying about having to outearn the annual fee of a higher-end card like the Chase Sapphire Reserve®. Foodies who eat out locally and order a ride home will get a lot of bang out of this card.
On the other hand, avid travelers who are able to maximize Chase’s benefits will easily come out on top. Even if you don’t get around to booking a bigger trip for a while, you can enjoy up to $300 in free Uber rides since they count as travel purchases.
Of course, there is a case to be made for carrying both cards; if your purchases lean heavily toward travel but are still diverse enough, you can benefit from the Uber Visa’s higher payout for online purchases, plus its $50 streaming credit.