Lyft is set to enhance its Business Rewards program starting August 4, making it easier for users to earn rewards on their rides. With changes aimed at both business and personal travelers, the updated program promises more benefits, particularly for frequent commuters and travelers.
Enhanced Earnings for Business Riders
The revamped Business Travel Rewards program allows participants to automatically earn Lyft Cash for eligible work-related rides linked to their company’s Lyft Business Profile. There’s no need for users to opt in; rewards will be applied automatically. The new cashback rates are as follows:
- 6% back on standard work rides (including Standard, Priority, XL, Pet, Wheelchair, and Green)
- 8% back on premium rides (Black, Black SUV, and Extra Comfort)
- 8% back on airport and scheduled rides
Boosted Travel Rewards
In a bid to attract more frequent flyers, Lyft is expanding its travel partnerships with airlines. For instance, starting July 17, riders participating in the Alaska Airlines Mileage Plan can earn:
- 2 miles per dollar on everyday rides (Standard, Priority Pickup, and XL)
- 3 miles per dollar on airport trips and premium rides
Riders linking their Lyft accounts to the Mileage Plan will benefit from even higher earning potential, receiving 4 to 6 miles per dollar on most rides, a significant increase over the standard rate for personal rides.
Stacking Rewards
The good news continues with the ability to stack multiple rewards. Riders can accumulate:
- Lyft Cash from business rides
- Airline or hotel points from partnered programs like Alaska Airlines Mileage Plan and Hilton Honors
- Credit card rewards from eligible cards (e.g., 5 points per dollar using the Chase Sapphire Preferred® Card through September 30, 2027)
This stacking feature allows travelers to maximize their earnings on a single ride, enhancing the value received from their commuting expenses.
Maximizing the Program
For the best results, business riders should utilize their Business Profile for work-related trips to automatically earn rewards. Additionally, it’s advisable to link both airline and hotel loyalty accounts in the Lyft app. When planning trips to the airport, scheduling rides in advance can also yield additional travel rewards.
Conclusion
Lyft’s new rewards program offers an excellent opportunity for frequent travelers and commuters to earn substantial rewards without altering their usual routines. The enhanced earnings structure, which integrates Lyft Cash along with airline miles and hotel points, positions Lyft as a more attractive option for users who rely on ridesharing services for both work and leisure.