Lyft Ends Rewards Points Double-Dipping
I guess this change had to happen sooner or later …
Lyft now only allows you to earn rewards with one partner
As of June 30, 2021, you will only be able to earn points through your Lyft account with one travel partner rewards program. You will be able to change the travel partner rewards program you wish to activate at any time through the Lyft app. If you don’t make this selection by June 30, 2021, you will default to the travel partner you signed up with first.
For some contexts, Lyft has partnerships with Delta SkyMiles and Hilton Honors, allowing you to earn rewards for your Lyft rides. Until now, it was possible to ‘double down’, meaning you could earn Delta SkyMiles and Hilton Honors points for the same ride. It will no longer be possible.
Should you earn Delta or Hilton rewards with Lyft?
For context, here’s how Lyft’s partnership reward structures stack up:
- With Hilton Honors, you can earn 3x Honors Points per dollar spent on Lyft rides and 2x Honors Points per dollar spent on Lyft shared rides
- With Delta SkyMiles, you can earn 2x SkyMiles per dollar spent on Lyft Airport trips and 1x SkyMiles per dollar spent on other Lyft trips
Personally, I rate Delta SkyMiles at 1.2 cents each and Hilton Honors Points at 0.5 cents each, so for me the Hilton Honors partnership offers more value overall. This is because you can earn 3x Honors Points per dollar spent on most races, whereas you would otherwise earn 1x SkyMiles per dollar spent on most races.
Everyone’s calculations can work differently there, depending on how much currency you place in rewards and the type of rides you take.
Lyft was good to me last year
I was exclusively using Uber for ridesharing, but almost completely switched to Lyft about a year ago. This is because of the Chase Sapphire Reserve which offers a free one year membership to Lyft Pink, and also because of the excellent double point opportunities.
The value proposition of Lyft rides is about to get a bit worse:
- My free 1 year Lyft Pink membership expires next week
- At the end of the month, I’ll start earning fewer points for Lyft rides
In the end, I had a good experience with Lyft, so I guess I’ll continue to use it, although I’ll definitely be comparing prices between Lyft and Uber more often. In light of the pandemic, I’m frankly surprised that the free Lyft Pink membership hasn’t been extended, but I guess it was introduced during the pandemic in the first place, so that’s fair enough.
At the end of the line
Soon it will only be possible to earn Delta SkyMiles or Hilton Honors points for Lyft trips. This is fair enough, as there aren’t many programs that allow double-dipping in this way. Individually it’s not a big deal, but between that and my free Lyft Pink membership, I probably won’t be as blindly loyal to Lyft as I was last year.
Are you sad to see the doubling points end in Lyft, and will that impact your choice of carpooling?
(Hats off to Ethan)