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Popular rideshare service Uber has a rewards program called Uber One, and it can really help frequent riders rack up savings. Unfortunately, Uber is making some changes to Uber One, including reducing the rewards members will earn on rides from 6% to 5%. That may not seem like a big change, but it can really add up for those who use the rideshare service often.
And it's not all bad news. Uber is making some positive changes as well. Let's dive into the specifics.
Upcoming Uber One Changes
Although there is no definite date for the changes to begin, Uber says that members will see the following in the coming weeks:
- Eligible rides will earn 5% Uber One credits, down from 6%. Uber One credits can be used on future Uber or Uber Eats orders.
- Add one additional adult and teens to your account at no extra cost.
- Membership benefits will apply to 45+ countries where Uber One is available.
- Earn 10% Uber One credits on hotels booked through Uber and 20% on select properties.
While the ability to add family members to your Uber One account at no cost is appealing, the 17% reduction in Uber One rewards definitely highlights the news. This falls in line with the string of rewards devaluations over the last couple of years.
Related: The Ultimate Guide to Earning Points & Miles with Rideshare and Food Delivery Apps
Uber One Benefits
An Uber One membership offers discounts on Uber and Uber Eats orders. The cost is $9.99 per month or $96 per year. Memberships include the following:
- $0 delivery on Uber Eats food and grocery orders that meet a minimum threshold.
- 5% Uber Cash back in rewards on Uber rides.
- Up to 10% back on select delivery and pickup orders.
- Surge savings during popular times.
- 10% rewards on car rentals and now hotels booked through Uber.
- Member-only promos and special items.
Again, for frequent users of Uber's services, these benefits can outweigh the cost. Plus, The Business Platinum Card® from American Express cardmembers receive a statement credit for an Uber One membership, up to $120 per year. Enrollment is required for select Amex benefits.
(Terms apply)
- As High As 300,000 points. Find Out Your Offer. You may be eligible for as high as 300,000 Membership Rewards® Points after spending $20,000 in eligible purchases on your new Card in your first 3 months of Membership. Welcome offers vary and you may not be eligible for an offer. Learn more.
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- See how you can unlock over $4,000 in business and travel value annually after meeting qualifying spend thresholds on the Business Platinum Card. Terms apply.
- Get up to $300 in statement credits semi-annually for up to a total of $600 in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using the Business Platinum Card®. The Hotel Collection requires a minimum two-night stay.
- No Preset Spending Limit: The spending limit on the Business Platinum Card is flexible, so unlike a traditional credit card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment and credit history.
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- 2X points on purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- 5X points on flights and prepaid hotels on AmexTravel.com
- 1X points on other eligible purchases
- Terms Apply.
- Earn 5X points on flights and prepaid hotels on AmexTravel.com.
- Earn 2X points on each eligible purchase of $5,000 or more.
- Earn 2X points on each eligible purchase with U.S. construction material and hardware suppliers.
- Earn 2X points on each eligible purchase with U.S. electronic goods retailers and software & cloud system providers.
- Earn 2X points on each eligible purchase with U.S. shipping providers.
- 2X earning rates are subject to a cap of $2 million in purchases per calendar year.
Bottom Line
Uber One is becoming a little less rewarding for frequent riders, but the broader changes aren't entirely negative. Cutting rewards on eligible rides from 6% to 5% means members will earn less every time they ride — and the more you spend with Uber, the more noticeable that reduction becomes.
On the other hand, the ability to add another adult and teens at no additional cost could make Uber One considerably more useful for families. Extending membership benefits across 45+ countries is also a welcome improvement for travelers who regularly use Uber abroad.
Ultimately, whether these changes are a net positive will depend on how you use Uber One. Frequent solo riders are unquestionably losing some value, while families and international travelers may get more from their membership than before. And if you receive an Uber One membership through the American Express Platinum Card®, it's still an easy benefit to put to use without worrying about whether you're getting enough value to justify paying the membership fee yourself.
For rates and fees of the cards mentioned in this post, please visit the following links: The Business Platinum Card® from American Express (Rates & Fees)
