New Lyft Cash Rewards Program
Lyft today launched a new program called Lyft Cash Rewards, letting riders turn car rides into cash back and enjoy the perks of a membership, without paying a fee.
Here’s how it works:
- Riders can set up Lyft Cash auto reload and start earning rewards on rides they’re already taking with 2% cash back for a $25 reload, 4% for $50, and 5% for $100
- Riders who choose the $50 level will also receive two relaxed cancellation fees each month, and those at $100 or more will get two free XL upgrades per month
Lyft says that frequent riders could save up to $450 annually. Your balance will automatically refill the amount of your selected tier when it drops to $15 or below. Earned Lyft Cash expires exactly 60 days from the time it is earned. Purchased Lyft Cash doesn’t expire
Lyft Cash Rewards applies to all ride types except Wait & Save, bikes, and scooters. It can also be combined with existing memberships, such as Lyft Pink or Price Lock.
This program will be available to select riders nationwide, especially to those riders who have been riding with Lyft for at least 10 years. It’s no surprise that many of them reside in Lyft’s birthplace of San Francisco, so ALL riders there will have early access. Join the waitlist.
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