CNBC Points Pro: Which credit card is best for earning rewards on Uber rides?

CNBC Top News ·

CNBC Points Pro: Which credit card is best for earning rewards on Uber rides?

Welcome to the Points Pro, where I answer your credit cards and travel rewards questions each week. If you have a question you'd like answered, you can submit it here . …

Welcome to the Points Pro, where I answer your credit cards and travel rewards questions each week. If you have a question you'd like answered, you can submit it here . This week, reader Joey asks: Which credit card is best for earning rewards with Uber? ( This question has been edited for clarity and brevity. ) It's possible to earn 3X to 5X rewards on Uber rides and Uber Eats purchases without the hassle of an annual fee. Many of these cards are also rewarding for other purchases and may be useful for more than just your next rideshare. Aside from how many points you're earning, it's a good idea to think about what type of rewards you want. Cash back is straightforward, but you can also earn flexible travel rewards, which you may find more valuable. Let's take a look at the most rewarding consumer credit cards for Uber purchases. Best credit cards for Uber Earn 5X on Uber with a flexible bonus category The U.S. Bank Cash+® Visa Signature Card earns 5% cash back on the first $2,000 in combined purchases each quarter on two categories you choose. Eligible categories include ground transportation, which Uber falls into. That's an incredible return, but the big caveat is that you'll only earn 5% back on around $667 in purchases per month. You probably don't spend that much on Uber, but depending on what your other 5% back category is, it's possible you'll exceed the $2,000 limit each quarter. When that happens, you'll only earn 1% back on your selected category purchases. …

Original source: CNBC Top News

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