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Capital One announced this week that Capital One Savor and Capital One SavorOne cardholders can earn an unlimited 10% cashback on Uber and Uber Eats, plus complimentary Uber One membership, through November 14, 2024. That’s a really nice savings given that Uber One by itself costs around $100 at full price and a really nice return on Uber and Uber Eats spend. Keep in mind that Capital One cash back can be converted to miles at $0.01 –> 1 mile, so this can be like earning 10 transferable miles per dollar spent on Uber and Uber eats.
The Deal
- Capital One has announced that Savor and SavorOne cardholders can get complimentary Uber One membership through November 14, 2024 and will earn unlimited 10% cash back on Uber and Uber Eats.
- Additionally, Quicksilver, QuicksilverOne, and Quicksilver Secured cardholders can get up to 6 months of an Uber One monthly membership statement credit (valued at $9.99) through November 14, 2024.
Quick Thoughts
This is a really nice value-add for Savor cardholders and a particularly awesome deal on the no-annual-fee SavorOne card. UberOne ordinarily costs $10 per month and I have kicked myself since they launched it for not jumping on one of the half-off deals they ran in the beginning. Given all of the cards I have now that offer a monthly Uber credit and the fact that I am back to traveling more often, I am ordering from Uber Eats at least once or twice a month these days. An Uber One membership would probably save me some money.
Cardholders can enroll for an Uber One monthly membership in the Uber or Uber Eats app, or on their dedicated websites. Once a cardholder creates their account and sets their eligible Capital One card as form of payment for their Uber One membership, they will receive a monthly statement credit through the end of the offer.
More importantly, I’d be very happy to earn 10% back on Uber Eats purchases on a Capital One cash back card. I like earning Capital One cash back for a few reasons:
- Cash is highly flexible — redeem it for anything you want
- Capital One cash back can be converted to miles if you also have a card that earns miles (or it can be transferred to another cardholder who has a miles-earning card). Note that this is not a published Capital One benefit but it is something we’ve written about and used on other cards.
- Capital One cash back is always worth 1 cent per cent, so if your accounts gets arbitrarily shut down you don’t have to worry about miles being redeemed for half a cent per mile.
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Anyone know whether uber rides taken outside of the US will still qualify for the 10% back?
Is product change from VentureX to no AF Savor possible to take advantage of this deal?
Probably many of us coming up on the AF on VentureX and I’m in 2P mode but only want to keep one (still the best route to Priority Pass)
Probably not. You can call and ask, but product changes with Capital One (they call it an “upgrade” even when you’re downgrading) are limited to whatever the system says is available for you — agents seem to have no leeway. As best I can tell, it is not generally possible to switch from a Visa (like the Venture X) to a Mastercard (like the Savor). You can always call and ask (and if you end up being able to do it, I’d love to hear about it for sure!).
Too bad, but thanks for the info. Haven’t really given any attention to Cap1 until VentureX. Good to know.
4 yrs ago I changed my ancient Platinum VISA to a Savor VISA, the card I carry now.
The 10% off is only for Eats. “Members also receive 5% off eligible Uber rides. The 5% discount does not apply to rides booked 30 minutes or more in advance.“
Also earn 10x miles on your C1 card.
You’re misunderstanding, but that’s because it’s confusing: Uber One members get 10% off on Uber Eats and 5% off on Uber. But Savor and SavorOne cardholders get unlimited 10% cash back on Uber and Uber Eats.
In other words, an Uber Eats order that “should” cost $100 should theoretically cost $90 for an Uber One member (reality is murkier) and a Savor cardholder gets 10% cash back ($9) on that order.
Does that make sense?
I signed up yesterday before taking a ride with Uber. The ride itself was discounted 5% (line drawn thru the original price with the new discounted rate applied). I am waiting to see if the ride posted as 10x on my Savor acct.
It’s my understanding this deal works like the original Lyft Pink/Chase partnership: 15% off the ride itself (no longer applies) and 10x points with my CSR.
Yes, you’ll only get 5% off on Uber rides. I didn’t even get into the discounts from Uber One membership in the post (in part because I don’t know that the crossed out price is really what one would see without an Uber One membership) — all I noted in the post is the unlimited 10% back on the Savor and SavorOne card.
I have no doubt you’ll get the 10% back. The wording I used in the post came verbatim from the release that Capital One’s PR provided us (“ an unlimited 10% cashback on Uber and Uber Eats, plus complimentary Uber One membership, through November 14, 2024.”). They weren’t ambiguous about it.
The “Receipt” in the app from an Uber One ride specifically deducts a 5% “Membership Benefit” so is easy to track.
I found the best benefit of both Uber One and Lyft Pink the other day was getting picked up so much more quickly by having them now (due to Savor/CSR promos), especially at busy airports. Truly is a helpful way to cut the line, so to speak.
Yes, I understand that.
Circling back to your original comment, you noted that “10% off only applies to Uber Eats, not Uber” — so it sounded like you were offering a correction to something in the post (I thought you were saying that I had the earning rate wrong), but the post doesn’t reference the Uber One discounts apart from saying that I regret not signing up since I order from Uber Eats a couple of times a month and I’d probably save some money. Maybe you were just adding info about the Uber One discounts. That’s cool.
The reason I didn’t get into the weeds as to how much you save on Uber and Uber Eats with Uber One is this: Greg and I tested the Lyft Pink membership back when it was first available on the CSR. He and I were standing side by side and we each requested a ride to the same place at the same time. He had Lyft Pink and I didn’t. His price was cheaper than mine — but the crossed out “original” / pre-discount price shown in the Lyft app for him was higher than the price I was seeing as a non-Pink member for the same ride at the same time. In other words, it looked like he was getting whatever percentage off they advertise, but he really wasn’t because Lyft made up an inflated “before” price for him. I realized then that it is very hard to know whether you’re really getting the advertised discount with these services because the “original” price is so highly variable and you only see whatever the service tells you is the pre-discounted price with no practical way to know whether that “original” price is accurate and therefore no idea if you’re really getting 5% off the regular price or 5% off of some made-up price and really only getting 3.8% off or 2.63% off of whatever the “real” price is (or whatever the case may be).
I didn’t think it worth getting into the weeds on that in the post in part because I haven’t run extensive tests on this, I just don’t put full faith in percentage off discounts where there is no way to verify the “before” price (which is also true on lots of lots of other Internet sales also). I’m sure that having Uber One saves some. I don’t know how much, but it’s less than zero and therefore a good benefit on the Savor cards IMO!
I’m glad it’s apples-to-apples now that I have membership in both services – I took the lowest of the discounted fares (above the crossed-out fare) from either Lyft (5% off Premium rides) or Uber.
I mentioned the presumed 10% off Savor rewards benefit in my posts…I just haven’t actually received it yet! Savor takes a day or 2 after the charge posts to reflect “% Cash Back.”
DP: pleased to see “10% Cash Back” now posting from my first Uber ride under this new membership!