Uber Visa Card Review
The new Uber Visa Card is a top-of-wallet credit card whether you use Uber or not — it’s that good. With bonus rewards for several everyday purchase categories and unique extras, you’ll at least do a double take.
Uber Visa Card
The Uber Visa Card offers a 4-3-2-1-tiered rewards program. Here’s how it breaks down:
- 4% back on restaurants, takeout and bars, including UberEATS.
- 3% back on airfare, hotels and vacation home rentals.
- 2% back on online purchases including Uber, online shopping, video and music streaming services.
- 1% back on everything else.
That’s an impressive list of bonus categories. But what’s even more impressive is that there aren’t any spending limits on any of them. Compare to some credit cards that give you a high rewards rate on certain spending categories, but only up to a certain amount spent, after which you’ll get only 1% back.
In December 2017, Barclaycard sent out an email to cardholders with a special update: The Uber Visa Card now earns 2% cash back on online purchases made through third-party payment services. Eligible services include PayPal, Venmo, Apple Pay, Android Pay and Samsung Pay. This addition helps ensure that every online purchase you make, whether directly with the card or indirectly through a third-party payment method, you're getting the bonus rewards you deserve.
The Uber Visa Card also offers $100 after spending $500 on purchases in the first 90 days, giving you a jumpstart on your rewards balance.
For some people, the reward program isn’t even the most exciting part about the card. Here are some other perks you’ll get:
- Up to a $50 credit for online subscription services after you spend $5,000 on your card per year. Eligible services include Apple Music, Pandora, Spotify, Amazon Music, Google Music, Audible, Sirius XM, Netflix, Hulu, HBO NOW, the membership fee for Amazon Prime, and Shoprunner.
- Up to $600 in mobile phone protection, including damage and theft, if you use the card to pay your monthly mobile phone bill.
- Exclusive access to select events in select U.S. cities.
- No foreign transaction fees.
- No annual fee.
When it comes to redeeming your rewards, you have a few different options. While converting your rewards to Uber credits is possible, you’re not married to the ridesharing service. You can also get gift cards or straight cash back.
This is an exciting feature because most co-branded credit cards like those for airlines and hotel chains typically offer the higher redemption rates when you use your rewards on airfare or hotel stays than on other redemption options.
With the Uber Visa Card, you’ll get the same redemption rate regardless of how you redeem, giving you ultimate flexibility.
For example, if you like to get free Uber rides, you can do that. But if you decide you want to use your rewards to help pay for a vacation or a big purchase, you can opt for cash back or gift cards instead without being penalized for your choice.
That said, Uber credit redemptions start at $5, and cash and gift card redemptions start at $25.
While the Uber Visa Card is a solid option for everyday spending, it’s not a perfect fit for everyone.
Misses some everyday spending categories
One potential issue is that there aren’t any bonus rewards for grocery or gas spending. So, if you cook at home more often than you eat out, and you spend a lot on gasoline, you might be more interested in the Blue Cash Preferred® Card from American Express, a Credit Cards House advertiser.
This card offers 6% cash back at U.S. supermarkets up to $6,000 spent per year (1% back after that), and 3% cash back at U.S. gas stations and select department stores.
Small sign-up bonus
Even for a no-annual-fee card, the Uber card’s sign-up bonus is a little disappointing. With the HSBC Cash Rewards Mastercard® credit card, you’ll get a $150 cash rewards bonus after you spend $2,500 in purchases in the first three months after account opening. The HSBC Rewards card also offers 1.5% cash back on every purchase.
No introductory 0% APR promotion
For people who need some time to pay off a big purchase or move some high-interest credit card debt, the Uber Visa Card can’t help — the card has no intro 0% APR promotion.
If that’s what you need, the Chase Freedom Unlimited® deserves your attention. It offers an intro 0% APR promotion for 15 months on purchases and balance transfers. After that, a variable APR will apply, 19.24% - 27.99%, based on your creditworthiness.
Note, however, that the card charges a balance transfer fee of 3% or $5, whichever is greater.
Complex rewards system
One of the Uber Visa Card’s biggest strengths can also be a weakness. A tiered rewards program can be hard to follow for some. Remembering which purchases earn bonus rewards and when to use the card to maximize your rewards can be frustrating.
If you’d rather get a credit card that has a simpler cash-back program, consider the Citi® Double Cash Card. It offers 2% cash back: 1% cash back on every purchase then another 1% cash back when you pay them off.
No credit card is perfect, but the Uber Visa Card is impressive. With the unlimited bonus rewards and other features, it’s hard to believe you’ll get all of it for no annual fee.
And since you’re not required to use your rewards to get free Uber credits, you don’t have to live in a big city or even set foot in an Uber car to get the full benefits of the card.
As with any credit card, though, it’s important to compare all of the best options before applying for one. There are several other cash-back credit cards that provide standout rewards and features, so you’ll want to shop around to make sure you’re getting the best deal based on your spending habits and personal preferences.
First published , last updated
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.