Uber Visa® Card: Is It Worth It?

Uber Visa® Card: Is It Worth It?

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Citi is an advertising partner.

The Uber Visa Card is closed for applications. Check out our list of best credit cards for Uber for other recommended cards.

The Uber Visa Card is a high-value rewards card that offers rewards in the form of Uber Cash for spending on Uber and Uber Eats, JUMP electric scooters and bikes, dining, hotels and airfare.

Uber Visa Card: High value for the modern spender

Earn up to 5% Uber Cash

The Uber Visa Card gives cardholders several ways to earn rewards. Cardholders earn 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.

Rewards are in the form of Uber Cash, which can be redeemed for Uber rides, orders on Uber Eats, and for JUMP bikes and scooters. When you accrue $50 in Uber Cash by using your card, it will automatically transfer to your Uber account. You can also select the option to manage your card from your Uber account and manually transfer your Uber Cash.

$0 annual fee and competitive fees for other transactions

The Uber Visa Card has a $0 annual fee, while the foreign transaction fee is none. So you earn points stateside or abroad at no cost. Just remember to pay off your bill each month to avoid interest charges.

The Uber Visa Card does charge fees for balance transfers and cash advances, but the fees are in line with what other credit cards charge for the same transactions. The balance transfer fee is either $10 or 3% of the amount of each transfer, whichever is greater. The cash advance fee is the same.

Phone damage and theft protection

Pay for your monthly wireless telephone bill with your Uber Visa Card and your phone will be covered if it’s stolen or damaged. The coverage is up to $600 per claim, subject to a $25 deductible. You can have a maximum of two claims a year for a total of $1,200. You have to file a claim within 90 days of the damage or theft to qualify.

Visa Local Offers

Visa Local Offers is a Visa benefit for Uber users who add a Visa card to their account as a payment method. Through the program, you can earn Uber Cash for spending money at featured stores and restaurants that change weekly.

To sign up in the Uber app, add a Visa card to your account and then go to "Payment," "Payment Offers" and then click "Earn Uber Cash with Visa." Examples of Visa Local Offers include Dunkin’ Donuts, Qdoba Mexican Eats and Regal Cinemas.

No introductory offer; low bonus offer

If you’re looking for an introductory 0% APR offer or bonus point windfall, you aren’t going to find one with this card. With the Uber Visa Card, Earn $100 in Uber Cash after spending $500 on purchases in the first 90 days from account opening

You need to spend about $166 a month for three months to qualify for this offer, which is pretty easy to do if you ride Uber frequently or hit the grocery store once a week.

There’s no low-interest offer for balance transfers or new purchases. If you want a no-fuss cashback card that does offer a low-interest sign-up offer, the Citi® Double Cash Card – 18 month BT offer offers a 0% for 18 months on Balance Transfers, then a 13.99% – 23.99% (Variable) APR applies. We’ll talk a bit more about that card below, too.

ValuePenguin's verdict: Great for Uber riders and travelers

The Uber Visa Card is a good choice if you use the Uber ecosystem frequently, and want to earn rewards on dining and travel. You can even apply for the card in the Uber app by clicking "Menu," "Payment" and then "View All Offers." Another benefit is that The Uber Visa Card also comes with a complimentary FICO Score, which can help you track your credit score’s ups and downs.

The only limiting aspect about this card is that you can only redeem rewards for Uber Cash, not cash back or other options.

Alternatives to the Uber Visa Card

The Uber Visa Card doesn’t have an introductory offer and may not be the best choice if you spend heavily in a specific category. Heavy dining and entertainment spenders may find more value from the Capital One® Savor® Cash Rewards Credit Card. Meanwhile, travelers may find the Chase Sapphire Preferred® Card has better incentives. Or if you’re looking for a 0% intro APR offer on balance transfers, the Citi® Double Cash Card – 18 month BT offer could be a better alternative.

Citi® Double Cash Card – 18 month BT offer

On Citibank's Secure Website

The Citi® Double Cash Card – 18 month BT offer lets you Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. Plus, the annual fee is $0. You can redeem cash back earned for statement credit or checks.

The card has $0 liability on unauthorized charges. As we noted above, the card offers an intro APR of 0% for 18 months on Balance Transfers, then a 13.99% – 23.99% (Variable) APR applies.

Capital One® Savor® Cash Rewards Credit Card

The Capital One® Savor® Cash Rewards Credit Card offers Earn unlimited 4% cash back on dining, entertainment & popular streaming services, plus 3% at grocery stores and 1% on other purchases.

With the card’s welcome offer, you Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening You pay a $95. You can redeem cash back anytime, and it doesn’t expire. And the card’s foreign transaction fee? 0%. The card comes with $0 fraud liability protection, travel accident insurance, extended warranty and more.

Chase Sapphire Preferred® Card

On Chase's Secure Website

The Chase Sapphire Preferred® Card offers 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases.

But here’s where things get good for frequent travelers: You get 25% more value from your points when you use them to redeem for travel, including airfare, hotels, car rentals and cruises. One point equals 1 cent when you redeem for cash, but one point equals 1.25 cents when you redeem for travel.

Plus, you can transfer points 1:1 to other travel partners, including JetBlue TrueBlue, United MileagePlus, IHG Rewards, Marriott Bonvoy and World of Hyatt.

The Chase Sapphire Preferred® Card has $0 foreign transaction fee, but there is a $95 annual fee. You can earn 15,000 bonus points for each friend you refer to the card up to 75,000 points a year. With its introductory offer, 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 when you redeem through Chase Ultimate Rewards®.

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How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).