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The Lyft Pink Chase Sapphire Reserve is a game-changer for frequent riders, offering a range of benefits that add significant value to your wallet.
With Lyft Pink, you'll get 1 point per dollar spent on Lyft rides, which can be redeemed for Lyft credits, flights, or hotel stays. This can be especially useful for those who use Lyft frequently.
You'll also get 10% off all Lyft rides, which can really add up over time. For example, if you take 10 Lyft rides per week, you could save $5 per ride, or $50 per week.
The Chase Sapphire Reserve card also offers a $300 annual travel credit, which can be used towards Lyft rides, flights, or hotel stays, helping to offset the cost of your Lyft Pink membership.
Expand your knowledge: Chase Sapphire Reserve Hotel Partners
Benefits of Chase Sapphire Reserve
The Chase Sapphire Reserve is an elite credit card that offers a plethora of benefits to its cardholders. The annual fee is $450, but it's well worth it considering the perks you get.
One of the most significant benefits is the 10x Ultimate Rewards points on Lyft rides for cardholders. This means you can earn a whopping 800-plus points for an $80 fare, which is a huge return on your investment.
Lyft Pink All Access membership is another fantastic benefit, offering 15 percent off all Lyft car rides, free bike and scooter trips, and priority airport pickup. This membership normally costs $199 per year, but Chase Sapphire Reserve cardholders can get it for free for two years, and a 50% discount in the third year.
The Lyft and Chase partnership also allows you to earn points for your Lyft purchases with Alaska Mileage Plan or Hilton Honors, adding even more value to your spending. This is a great opportunity to triple dip on every single Lyft ride and earn rewards from multiple programs.
The Chase Sapphire Reserve cardholders will earn 10 times the points on rides, while those with other Chase cards will earn five times points on Lyft rides, or 5 percent cash back on Lyft rides. This is a game-changer for frequent Lyft users, and it's a great way to accumulate rewards points.
Activating and Using Membership
You can activate your two year Lyft Pink All Access membership by clicking the three horizontal lines at the top left of the Lyft app, then selecting "Lyft Pink" from the menu.
First, make sure your Chase Sapphire Reserve is linked to your Lyft account as a payment method. This is a necessary step to activate your membership.
Once you agree to the terms, your membership will be activated, and you can start using your perks right away. It's that easy!
To activate your membership, you must do so by December 31, 2024, to take advantage of the complimentary two-year offer.
This Adds Value
This adds a ton of value to the Chase Sapphire Reserve. The new partnership between Chase and Lyft offers a two-year Lyft Pink All Access membership, which would normally cost $199 per year.
The Lyft Pink membership offers lots of perks with Lyft. This is a huge deal for anyone who rideshares with any frequency, making it a game-changer.
You can earn 10x Chase points with Lyft, and stack that with the Lyft Pink benefits. This is an awesome combination that makes using Lyft a no-brainer in most cases.
The free membership will continue through November 2024, so you don't have to worry about auto-renewal right away. After you sign up, you can immediately go in and turn off auto-renewal.
Frequently Asked Questions
How much is the Chase Sapphire Reserve?
The Chase Sapphire Reserve has a $550 annual fee, with an additional $75 fee per authorized user.
Sources
- https://onemileatatime.com/news/chase-sapphire-reserve-lyft-pink/
- https://www.cntraveler.com/story/chase-and-lyft-are-partnering-for-up-to-10x-points-on-rides
- https://www.cardratings.com/financial-literacy/can-i-get-chase-credit-card-to-waive-the-annual-fee.html
- https://outofofficegal.com/blog/review-chase-sapphire-reserve-the-best-travel-credit-card
- https://teachingwanderlust.com/2020/01/21/is-the-chase-sapphire-reserve-credit-card-worth-the-new-fee/
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