Hyperlink: Apply now for the Capital One SavorOne Money Rewards Credit score Card
Capital One has in the present day launched an superior new partnership with Uber, for these with the Capital One Savor or Capital One SavorOne. If you happen to ask me, that is an particularly compelling cause to choose up the no annual charge Capital One SavorOne Money Rewards Credit score Card (assessment), and that’s one thing I’m critically contemplating doing.
New Capital One & Uber partnership
Capital One and Uber have launched a brand new partnership. That is initially legitimate for 2 years, and runs from November 15, 2022, by November 14, 2024. It’s open to these with the Capital One Savor, Capital One SavorOne, Capital One SavorOne Pupil, and Quicksilver Pupil.
This contains not solely elevated cashback for Uber and Uber Eats purchases, but additionally a complimentary Uber One membership. Let’s go over all the main points.
Get 10% cashback with Uber & Uber Eats
Due to this partnership, eligible Capital One cardmembers can obtain limitless 10% cashback with Uber and Uber Eats by November 14, 2024. There’s no registration required — simply set your eligible Capital One card as your default fee methodology with Uber or Uber Eats, and also you’ll routinely obtain 10% cashback within the type of assertion credit with Capital One.
Understand that whereas the Capital One SavorOne Card is technically a cashback card, these rewards will be transformed into Capital One miles together with a card incomes these rewards, just like the Capital One Enterprise X Rewards Credit score Card (assessment). I worth Capital One miles at 1.7 cents every, so to me that’s like a 17% return on that spending, which is unbelievable. After all even should you’re selecting to earn cashback, getting 10% again is superior.
Get a complimentary Uber One membership
Due to this partnership, eligible Capital One cardmembers can obtain a complimentary Uber One membership by November 14, 2024.
To entry this complimentary Uber One membership, eligible Capital One cardmembers ought to enroll in an Uber One month-to-month membership within the Uber or Uber Eats app. As soon as they set their eligible Capital One card because the type of fee for the Uber One membership, they may obtain a month-to-month assertion credit score by the tip of the provide interval.
An Uber One membership ordinarily prices $9.99 monthly or $99.99 per 12 months, and presents the next perks:
- 5% off eligible rides and orders of meals, groceries, alcohol, and extra
- Being matched with top-rated drivers
- An Uber One Promise, whereby on eligible deliveries you’ll get $5 in Uber Money if the newest arrival estimate (proven after the order is positioned) is incorrect
- Limitless $0 supply charges on eligible meals orders over $15 and grocery orders over $30
- Entry to premium member help, particular presents and promotions, and invite-only experiences
I feel I’m going to get the Capital One SavorOne Card
The Capital One SavorOne Card has been on my radar for fairly a while now, and I feel that that is the push that I wanted to use. This can be a nice no annual charge card generally — it presents 3% cashback on eating, grocery shops, leisure, and common streaming providers, all with no overseas transaction charges. On prime of that, these rewards will be transformed into Capital One miles on the charge of 1 Capital One mile per cent cashback, which is a superb deal.
Whereas I usually use Lyft for my ridesharing, I place extra orders with Uber Eats than I’d care to confess. Making use of for this no annual charge card wouldn’t solely get me two years value of Uber One (value almost $200), however would additionally earn me 10x Capital One miles on all Uber and Uber Eats spending.
In any other case I earn at most 5x factors on Uber and Uber Eats, so this can be a minimal of an incremental 5x factors on these purchases in comparison with what I normally earn, which I worth at 8.5%. Getting an incremental 8.5% return on my Uber and Uber Eats spending for 2 years is one thing that can show to be extremely priceless.
With the ability to get all of this simply by choosing up the no annual charge Capital One SavorOne Card is an apparent selection.
Backside line
Capital One and Uber have launched an superior new partnership. Via November 14, 2024, these with choose Capital One playing cards can obtain a complimentary Uber One membership (ordinarily $99.99 per 12 months), plus 10% cashback on Uber and Uber Eats spending (which will be transformed into Capital One miles, together with choose different playing cards).
That is an superior new partnership, and the push that I wanted to use for the Capital One SavorOne Card.
What do you make of this new Capital One and Uber partnership? Anybody else contemplating getting the Capital One SavorOne Card due to this?
