Uber Visa Card Review

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Madison Blancaflor @M_Blancaflor  in  Cash Back How we rate our cards  |  Advertiser Disclosure
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Recommended Credit Score

Good to Excellent (670 - 850)

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Annual Fee:
$0
Purchase Intro APR:
N/A
Regular APR:
17.24%, 22.99% or 25.99% Variable
Terms and Restrictions Apply | Rates and Fees

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The Uber Visa Card review was last updated on Mar. 18, 2019.

It’s rare that a co-branded credit card beats out issuer rewards credit cards, but the Uber Visa has proven to be an exception to that rule. The card offers users competitive cash-back rewards on dining and travel. Issued by Barclays, Uber Visa also offers decent rewards in a category most other credit cards do not — online services, including shopping, streaming media.

Here are the details

The card pays a generous rewards rate of 4% back for every $1 spent on restaurants, takeout, and bars, including UberEATS. It also pays 3% back on airfare, hotels and vacation home rentals such as Airbnb, and 2% back on online purchases including Uber, online shopping, and video and music streaming services (certain online purchases are excluded). All other purchases earn 1% back.

The card also comes with mobile phone protection (when you pay your bill with your Uber Visa), a $50 statement credit for online subscription services (after you spend $5,000 on your card each year), exclusive access to some events, no foreign transaction fees and Visa Signature benefits.

Other cash back cards offer similar rewards for dining and entertainment, but the Uber Visa also includes online spending and travel in their rewards tiers — all for no annual fee.

Worthy addition to your wallet?

The card might be called the Uber Visa, but its value stretches far beyond ridesharing — it’s one of the most underrated no-fee cash back cards on the market, in my opinion.

Young professionals and students who have already built up a good credit score can really maximize their cash back rewards with this card’s bonus categories — without the pain of an annual fee. That’s an added benefit of the Uber Visa, as cards with similar rewards structures typically charge annual fees as the tradeoff for solid perks and competitive rewards.

The 4% restaurant rewards rate is only matched by the Capital One Savor Cash Rewards Credit Card, but the Savor comes with a $95 annual fee (waived first year) and no cash back rewards on travel or online purchases. The boosted earnings rate on airfare and lodging puts the Uber Visa Card on a par with the rewards offered by some of the top travel rewards cards like the Chase Sapphire Preferred Card and the Citi Prestige Card, but without the cost of ownership. Of course, you won’t have access to the same luxury travel perks with the Uber Visa, but that tradeoff is well worth it if you’re a casual traveler rather than a wanderlust pro.

The Uber Visa is also one of the only cards to offer enhanced rewards on online purchases, which includes Amazon and subscription services like Netflix and Hulu. Earning 2% cash back for indulging my Unbreakable Kimmy Schmidt obsession? Yes, please!

You could never take an Uber and still benefit from owning this card, which might just be its greatest strength and its greatest weakness. While it’s certainly an advantage that the card has uses outside of earning rewards on and for Uber rides, I would like to see more benefits for those who use Uber regularly. You can earn 2% cash back on Uber rides, but there are cash back cards out there that offer 2% cash back on everything (which includes Uber rides). If you have the Chase Sapphire Preferred or Reserve, you’ll actually be better off charging your Uber rides to your Chase card.

Advantages
  • Big rewards, especially for a no-fee card
  • Pays enhanced rewards for online shopping.
  • Redemption is easy and can be done through the Uber app.
  • The lack of foreign transaction fees make this card a good travel companion.
Disadvantages
  • If your biggest expenses are gas and groceries, this card doesn’t reward in those categories.
  • Anyone who doesn’t eat out much, isn’t going to maximize the card's benefits.
  • There’s no introductory 0% APR offer.
  • Other rewards cards come with bigger sign-up bonuses.

How much are rewards worth?

Each point earned with the Uber Visa is worth one cent and can be redeemed directly through the Uber app to pay for rides or as cash back. New cardholders also can take advantage of a 10,000-point sign-up bonus worth $100 after you spend $500 within the first three months of opening the account.

If you use your Uber Visa to pay for streaming services such as Netflix, Amazon Prime and Spotify, you can earn a $50 statement credit to offset the cost of those services — if you spend at least $5,000 total on the card each year.

Fees and APR

  • Pay no annual fee.
  • Pay a variable APR of 17.24%, 22.99% or 25.99% based on creditworthiness for purchases and balance transfers.
  • Balance transfers fee is $10 or 3% of the transfer, whichever is higher.
  • Pay no foreign transaction fee on purchases made outside the U.S.
  • Late payments won’t affect your APR but you may be subject to a late fee of up to $37.

How to get the most value from this card

Maximizing the value of the Uber Visa is mostly straightforward. Use the card and earn cash back.

The card does come with a few unique perks that require you use the card for certain purchases. If you spend more than $5,000 each year (which is only $417 on average each month), you can get a $50 statement credit for your online streaming purchases — make sure you’re using the Uber Visa to pay for those services. Additionally, you’ll get mobile phone protection if you use this card to pay for your bill.

Whether you’re constantly hailing an Uber or just looking for a great cash back credit card, the Uber Visa holds its own against some of the most competitive cash back cards in the market.

The information for the Uber Visa Card has been collected independently by Bankrate.com. The card details on this page have not been reviewed or provided by the card issuer.