Original Post
Written by
Edited January 19, 2020
at 04:08 PM
by
Offer becoming active on 1/12/20
Now confirmed, link to details:
https://blog.lyft.com/posts/lyft-chase-cards
In addition, Chase Sapphire Reserve cardholders will also receive 10x points on all Lyft rides.
This is coinciding with the annual fee increase to $550.
Explore The Perks Of Lyft Pink (regularly 19.99/month):
15% off unlimited car rides
Save on every car ride you take — any time, anywhere.
Priority airport pickups
Get picked up faster at the airport when it's busy.
Relaxed cancellations
We'll cover three cancel fees per month if you rebook within 15 minutes.
Surprise offers
Get seasonal discounts and exclusive savings.
Waived lost and found fees
We'll take care of the return fee every time.
Bikes and scooters
Enjoy 3 free 30-min. bike or scooter rides per month (in select markets).
https://www.lyft.com/chase
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I'm probably stuck with it for a while even there though, pretty entrenched in the Chase system at this point. I also use Priority Pass lounges and restaurants multiple times a year. The rental car insurance is a pretty big one for me. They paid out $350 last year for a windshield that cracked overnight during temp changes. But the bigger value from the rental insurance came from avoiding paying for insurance. For a 2 week rental in a foreign country, it would have cost me over $1000 from the rental agency for insurance with a $2k+ deductible and lots of exclusions, vs the reserve's $0 deductible and minimal exclusions.
Destroying Priority Pass like Amex did and/or messing with the travel insurances (like Amex also did last year) would really have me figuring out how to spend down my 400k+ UR points. Same problem if they reduce the $300 travel credit.
The analysis remains: what net value do I GET from this card, and can I get that net value from others? I bank well over 100k UR pts in the Chase environment each year, and at worst redeem $1500 in value through the portal. I often redeem more efficiently if my plans involve a travel partner that I can transfer to (i.e.- I've spent 5k/night at Hyatts that would otherwise cost nearly $200). All of that for what was $150 net, and seems likely to become $225 net. So the question becomes: does another card setup match that value? I think the answer is no. If there is, with the same ease of use, I'd happily jump.
AMEX's perks don't align because their travel perks are items that I don't generally spend on, whereas Chase's is super easy to use. And I don't use Uber enough for that credit to be worth it either, it's a waste.
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This is coinciding with the annual fee increase to $550.
Explore The Perks Of Lyft Pink (regularly 19.99/month):
15% off unlimited car rides
Save on every car ride you take — any time, anywhere.
Priority airport pickups
Get picked up faster at the airport when it's busy.
Relaxed cancellations
We'll cover three cancel fees per month if you rebook within 15 minutes.
Surprise offers
Get seasonal discounts and exclusive savings.
Waived lost and found fees
We'll take care of the return fee every time.
Bikes and scooters
Enjoy 3 free 30-min. bike or scooter rides per month (in select markets).
I will just stick with my INK business preferred and USBANK Altitude (Net combined AF $170) and downgrade CSR to Freedom.
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No seriously though, the $300 travel credit basically covers part of my EZ Pass toll charges during the year. The rest are perks which I gain in UR points. Hoping for an increase in travel credit and other additional perks. I've had the card since 2016. I heard there is a new design for the card coming as well.
https://www.doctorofcre
I'm probably stuck with it for a while even there though, pretty entrenched in the Chase system at this point. I also use Priority Pass lounges and restaurants multiple times a year. The rental car insurance is a pretty big one for me. They paid out $350 last year for a windshield that cracked overnight during temp changes. But the bigger value from the rental insurance came from avoiding paying for insurance. For a 2 week rental in a foreign country, it would have cost me over $1000 from the rental agency for insurance with a $2k+ deductible and lots of exclusions, vs the reserve's $0 deductible and minimal exclusions.
Destroying Priority Pass like Amex did and/or messing with the travel insurances (like Amex also did last year) would really have me figuring out how to spend down my 400k+ UR points. Same problem if they reduce the $300 travel credit.