TPG founder Brian Kelly is a Bilt advisor and investor.
The most effective methods to spice up your loyalty account balances is by double-dipping on rewards. Stacking rewards takes many varieties and requires totally different ranges of effort, however one of many best stacking alternatives entails the ride-hailing firm Lyft.
With Lyft’s new partnership with Bilt Rewards, now is a good time to earn precious miles whenever you summon a Lyft. Here is what you could know.
Lyft companions
Lyft has shut partnerships with the next loyalty applications:
Earlier than June 2021, you may earn factors and miles on Lyft rides with Delta and Hilton. Nonetheless, now you could select amongst Bilt, Alaska, Hilton and Delta. Whichever of the 4 you choose, you may nonetheless be eligible to earn bank card factors.
Now, let’s take a look at the best way to earn rewards by means of every Lyft partnership.
Bilt Rewards
- 2 factors per greenback on Lyft rides (together with taxes, charges, tolls and suggestions).
- 3 extra factors per greenback on Lyft rides whenever you pay with the Bilt Mastercard® (together with taxes, charges, tolls and suggestions, in addition to charges and costs).
To hyperlink your Bilt and Lyft accounts, obtain the Bilt app, join a Bilt Rewards account or log in and observe the prompts to hyperlink your Lyft account.
Associated: 6 of the very best methods to redeem Bilt Rewards factors for max worth
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Alaska Mileage Plan
- 1 mile per greenback on all Lyft rides within the U.S. and Canada (excluding taxes, charges, tolls and suggestions).
Linking your Lyft and Alaska accounts takes only a few faucets. Go to AlaskaLyft.com and choose “Hyperlink your accounts.” The location will immediate you to log in to your Mileage Plan account and comply with the phrases and circumstances.
Subsequent, you could sign up with Lyft and comply with Lyft’s phrases and circumstances. After that, your Alaska and Lyft accounts will probably be linked.
There isn’t any restrict to the variety of Alaska miles you’ll be able to earn with Lyft.
Associated: Learn how to ebook free stopovers with Alaska Airways Mileage Plan
Delta SkyMiles
Delta and Lyft launched their partnership in 2017, permitting you to earn bonus SkyMiles on Lyft rides.
Whereas Delta’s SkyMiles program is not all the time probably the most profitable, you’ll be able to nonetheless ebook some nice candy spots utilizing your miles. Here is what you may get by means of Delta and Lyft’s partnership:
- 1 mile per greenback spent (excluding taxes, charges, tolls and suggestions) on all U.S. rides.
- 2 miles per greenback spent (excluding taxes, charges, tolls and suggestions) on all U.S. airport rides.
- $20 trip credit score as a brand new Lyft consumer.
To unlock these rewards, simply hyperlink your Delta and Lyft accounts. Go to deltalyft.com and enter your first title, final title and SkyMiles quantity. Conform to the phrases and circumstances after which click on “Hyperlink Account.”
When you click on “Hyperlink Account,” you could verify your Lyft account or create a brand new one.
Then, the ultimate step is to substantiate your particulars on Lyft’s web site or app. As soon as you’ve got completed this linking course of, you may robotically earn Delta SkyMiles each time you pay for an eligible Lyft.
Associated: Learn how to redeem Delta SkyMiles for max worth
Hilton Honors
Whereas I credit score my Lyft rides to Bilt Rewards, Hilton Honors is a well-liked different. Here is what you’ll be able to earn with Hilton Honors on Lyft rides within the U.S. and Canada:
- 3 factors per greenback spent (excluding taxes, charges, tolls and suggestions) on Lyft financial system, luxurious and extra-seat rides.
- 2 factors per greenback spent (excluding taxes, charges, tolls and suggestions) on shared Lyft rides.
- $5 off the primary three rides for brand spanking new customers.
- Bonus factors on as much as $10,000 in Lyft rides.
In the event you attain the utmost spending of $10,000 in Lyft rides per 12 months, you may earn as much as 30,000 Hilton Honors factors. Based mostly on TPG’s valuations, 30,000 Hilton factors are value about $180.
To begin incomes Hilton factors on Lyft rides, go to hiltonhonorslyft.com.
Click on “Hyperlink your accounts” and sign up to your Hilton Honors account.
It’s essential to comply with the phrases and click on “Hyperlink account.”
As soon as you’ve got accomplished all these steps, you’ll be able to earn Hilton Honors factors each time you pay for an eligible Lyft.
Associated: 8 methods to maximise Hilton Honors redemptions
Which Lyft companion is finest?
Deciding whether or not to credit score your rides to Bilt, Alaska, Delta or Hilton relies on your trip patterns.
Bilt’s 2 factors per greenback is arguably the very best on the market. In contrast to the opposite companions, Bilt factors are transferrable and also you earn on the whole worth of your trip (together with taxes, suggestions and tolls). At our valuations, that is successfully 3.6 cents again on the greenback.
In the event you usually use Lyft for airport rides, you would possibly take into account Delta SkyMiles, which earns 2 SkyMiles per greenback (value 2.82 cents primarily based on TPG’s valuations) on airport rides.
With Alaska Mileage Plan, you may earn 1 mile per greenback spent (value 1.8 cents at TPG’s valuations).
Normal Lyft rides earn 3 Hilton Honors factors per greenback (value 1.8 cents primarily based on TPG’s valuations), the identical return you’d get crediting to Alaska Mileage Plan.
In the event you hyperlink your Bilt, Alaska, Delta and Hilton accounts to Lyft, you may probably earn on whichever you most lately linked. To vary your rewards companion, choose “Rewards” on the left-side toolbar within the Lyft app.
Scroll to “Change companion” and choose Bilt Rewards, Alaska Mileage Plan, Delta SkyMiles or Hilton Honors.
Associated: What precisely are airline miles, anyway?
Finest playing cards for Lyft
Better of all, you’ll be able to stack loyalty program bonuses and your commonplace bank card earnings. To maximise your Lyft rides, use a card that provides extra rewards for ride-hailing providers.
If Bilt is your linked rewards program, the Bilt Mastercard® earns an additional 3 Bilt factors per greenback (value 5.4 cents per greenback at TPG’s valuations). Whereas Bilt Rewards is presumably the strongest rewards companion, you won’t wish to pay in your Lyft rides with the Bilt Mastercard.
Chase prolonged its partnership with Lyft final 12 months by means of March 2025, so choose Chase cardholders earn bonuses on Lyft purchases. Listed here are a few of the Chase playing cards that earn 5 Final Rewards factors per greenback (value 10 cents again per greenback spent at TPG’s valuations) or 5% money again on Lyft:
Additionally, the Chase Sapphire Reserve earns 10 Final Rewards factors per greenback (value 20 cents per greenback spent at TPG’s valuations) on Lyft.
If in case you have a Chase card that earns bonus rewards on Lyft rides, take into account including your Chase card to the “cost” part of the Lyft app.
There’s additionally a case for utilizing a Mastercard for some rides. In any case, World and World Elite Mastercard cardholders can earn a $5 month-to-month credit score after taking three Lyft rides in a month. After your third trip, the credit score will robotically be utilized to the following trip, capped as soon as monthly.
Associated: Begin checking Uber and Lyft as quickly as you land
Backside line
Taking advantage of your factors and miles may be difficult, however when you hyperlink your most popular reward program and bank card, it is clean crusing with Lyft.
By profiting from these partnerships and utilizing the proper rewards card, you may earn journey rewards each time you hail a Lyft.
For charges and costs of the Bilt Mastercard, click on right here.
For rewards and advantages of the Bilt Mastercard, click on right here.
Further reporting by Liz Hund.