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This article was last updated Apr 08, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.
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 $550 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 $550 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 5% back in Uber Cash on Uber rides, Uber Eats, and JUMP, 3% in Uber Cash on restaurants, bars, hotels, and airfare, and 1% back in Uber Cash on all other purchases – 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%, 23.24% or 27.99% variable||16.99%-23.99% Variable|
|Rewards||5% back in Uber Cash on Uber rides, Uber Eats, and JUMP, 3% in Uber Cash on restaurants, bars, hotels, and airfare, and 1% back in Uber Cash on all other purchases||3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases.|
|Uber rewards||This card earns Uber Cash. You can transfer your Uber Cash to your Uber account at any time, or it will automatically transfer when your Uber Cash balance reaches $50.||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 in Uber Cash 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 including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases.
$300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
- 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®
- $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. From 6/1/20 through 6/30/21, gas station & grocery store purchases will also count towards earning your Travel Credit
- 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases
- 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
- With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- 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 and up to $100 application fee credit for Global Entry or TSA Pre✓®
- Earn 3x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services
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 $550 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 including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases. 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
Earning 5% back on Uber Eats and 3% back on other dining purchases makes this card a good option for foodies. Plus, earning 3% back on hotels and airfare is solid as well.
No airline or hotel transfer options
This card only earns Uber Cash. You can’t transfer your rewards to airline or hotel loyalty programs or redeem them as cash back, which some cardholders might find limiting.
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.
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 a higher rewards rate on your Uber rides, Uber Eats orders and trips on JUMP bikes and scooters. And since the Uber Visa Card charges a $0 annual fee, it won’t cost you extra to add this card to your wallet.
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). 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 75,000 Membership Rewards® Points after you use your new Card to make $5,000 in purchases in your first 6 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.
To see rates & fees for The Platinum Card® from American Express please click here.
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. That's $750 toward travel when you redeem through Chase Ultimate Rewards®. 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.
If you’re in the market for a business credit card, with the Ink Business Preferred℠ Credit Card you can Earn 100,000 bonus points after you spend $15,000 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.
The information related to the Ink Business Preferred℠ Credit Card has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication.