When you have the American Specific® Gold Card or The Platinum Card® from American Specific, pay attention up: Your Uber advantages are about to vary.
Quickly, you will should pay with an Amex card for an Uber transaction, and you need to have downloaded the newest model of the Uber App to be able to use your Uber Money.
We have heard some studies of cardmembers receiving particular notices about this variation of their accounts. Whereas many people at TPG have not but obtained a notification from Amex, the official pages for the Uber profit on the Amex Gold and Amex Platinum now have a be aware specifying the Nov. 8 change.
Amex Uber advantages change
The profit works like this: So long as you may have your card with the Uber Money profit linked to your Uber account as a fee methodology, Uber Money is deposited immediately into your account at first of every month.
At present, you need to use any card to pay for the transaction if it prices greater than the Uber Money in your account. That is nice for these of us with different playing cards that earn extra on ride-hailing companies since we are able to use the Uber Money from our linked Amex card after which pay with a card that earns greater than 1 level per greenback on any remaining Uber expenses.
Nevertheless, beginning Nov. 8, you will be required to make use of an Amex card as your fee methodology to be able to use the Uber Money in your account. Relying on what Amex playing cards you may have in your pockets, this variation might severely cut back rewards for frequent Uber riders.
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In the event you had been, as an example, utilizing your Chase Sapphire Most well-liked® Card as your main fee methodology and have to vary to your Platinum or Gold, you will go from incomes 3 Chase Final Rewards factors per greenback to only 1 American Specific Membership Rewards level per greenback in your Uber rides — taking you from over a 6% return to a 2% return, in line with TPG’s September 2024 valuations.
However it’s not all dangerous information. In the event you’re like me and use your Amex Gold Uber Money primarily for Uber Eats, this may increasingly not even register as a change. I all the time use my Amex Gold for Uber Eats because it earns 4 factors per greenback on eating at eating places, which incorporates takeout within the U.S. However if in case you have the Amex Platinum and/or primarily use Uber Money towards rides, this might imply a shake-up to your Uber incomes charges.
Be aware that you need to use any Amex card as your fee methodology to be able to use your Uber Money — not simply the cardboard that carries the profit. Because of this if in case you have the American Specific® Inexperienced Card, as an example, you need to use it to earn 3 factors per greenback in your Uber experience.
The data for the American Specific Inexperienced Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Backside line
Beginning Nov. 8, Amex Platinum and Amex Gold cardmembers might want to use an Amex card because the fee methodology to be able to use their month-to-month Uber Money profit. Relying on which Amex playing cards you may have and the way you utilize your Uber Money, this variation might require some tweaking to your buying habits.
Nonetheless, it would stay comparatively easy to take full benefit of the month-to-month Uber Money profit on each the Amex Gold and Amex Platinum playing cards.
Associated: How one can use your Amex Uber credit