Save Big With Lyft Rentals: Low Rates + 20% Citi Offer + 9x SimplyMiles Offer

5

About 2.5 years ago Lyft launched Lyft Rentals – the ability to rent a car via Lyft rather than using their more commonly known rideshare feature.

They appear to be having a bit of a push on their car rentals option that had previously flown under the radar because there are a couple of new stackable offers that can save you 20% and earn 9x American Airlines AAdvantage miles and 9x Loyalty Points on top of whatever you’d earn from your credit card.

Lyft Rentals

The Deals

Lyft Rentals Citi Offer

Key Terms

  • Lyft Rentals Citi Offer
    • Expires July 31, 2022.
    • Lyft users may receive 20% back (up to $50) on their first Lyft Car Rentals when using their Mastercard.
    • Whether such rental car qualifies as an eligible rental for purposes of the offer will be determined at Mastercard’s and Lyft’s discretion.
    • Does not apply to Lyft rideshare.
    • Lyft not available in all locations, including Puerto Rico.
  • Lyft Rentals SimplyMiles Offer
    • Expires July 31, 2022.
    • Lyft users may receive 9 miles per $1 spent (up to 2325 miles) on their first Lyft Car Rentals when using their Mastercard.
    • Whether such rental car qualifies as an eligible rental for purposes of the offer will be determined at Mastercard’s and Lyft’s discretion.
    • Does not apply to Lyft rideshare.
    • Lyft not available in all locations, including Puerto Rico.

Lyft Rentals SimplyMiles 9x

Quick Thoughts

Before seeing the SimplyMiles offer on my account last week, I’d never heard of Lyft Rentals where you have the ability to rent a car through the app. While 9x AAdvantage miles and Loyalty Points was interesting, what got me far more intrigued was the new Citi Offer giving 20% back on up to $250 in Lyft Rentals charges.

Depending on how good their prices are, it seems like Lyft Rentals has the potential to be a good option regardless of the Citi Offer and SimplyMiles deal. That’s because Lyft Rentals come with a number of perks, features and benefits:

  • $20 Lyft credit
  • Free optional add-ons (e.g. USB phone charger, child seats, ski racks, etc.)
  • No additional driver fees
  • Lyft Rentals refills the gas tank at the end of the rental based on local market rates for gas and no additional fees added on

Lyft Rentals has also partnered with Sixt in some markets. The perks, features and benefits of rentals via Sixt are different, but still potentially worthwhile:

  • $10 Lyft credit
  • Choose the exact make and model of your rental and it’ll be ready upon arrival
  • Unlimited mileage

What could make the 20% Citi Offer and 9x SimplyMiles offer even better is the fact that Lyft Rentals seems to be charging competitive rates, at least in some locations anyway. For example, doing a search for a three day rental from June 14-17 from LAX showed rates for as low as $134.69 total.

Lyft Rentals LAX pricing

I wasn’t sure how much car rentals from LAX are costing nowadays, so I checked prices on Kayak for the same dates and the cheapest option came to a total of $147, so $12 more expensive than Lyft Rentals.

Kayak car rentals LAX

$12 isn’t a huge difference and Autoslash has the potential to drop the $147 lower than the $134.69 price from Lyft Rentals, but if you can also save 20% from the Citi Offer than Autoslash might be hard-pressed finding a rate as low as $35.91 per day, not to mention the $20 Lyft credit you’d get from Lyft Rentals and 9x AAdvantage miles and Loyalty Points from SimplyMiles.

What I’m not sure about is if Lyft Rentals is an eligible rental company for credit cards that have CDW coverage. Lyft’s FAQs suggest they might be eligible for that kind of credit card benefit:

We offer Collision Damage Waiver (CDW) for an additional charge. CDW is not insurance and not mandatory.

Your own insurance, or the issuer of the credit card you use to pay for the vehicle rental transaction, may cover all or part of your financial responsibility for the rented vehicle. You should check with your insurance company, or credit card issuer, to find out about your coverage and the amount of the deductible, if any, for which you may be liable.

What’s tricky is that cards like the Chase Sapphire Preferred and Reserve that have CDW coverage state the following:

What’s Not Covered

  • Leases and mini leases; including hourly rentals and car share services

While Lyft Rentals isn’t a car share service, someone dealing with your claim might see ‘Lyft’ and automatically decline your claim, not being aware of/caring about the intricacies  of Lyft versus Lyft Rentals. That could result in some back and forth as to whether or not you have an eligible claim in the event of an accident.

There might even be a third stackable element because Lyft has partnerships with Delta and Hilton. While the Hilton and Delta partnerships no longer stack with each other, there’s the possibility that you could earn miles or points with one or the other when booking a Lyft Rental, so be sure to have your accounts linked.

5 1 vote
Post Rating

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

5 Comments
Inline Feedbacks
View all comments
Chris

I rented with them in April and they charged me bogus charges for tolls while I wasn’t even driving the car. All customer service is via email and they were rude and unresponsive. Watch out.

James

Are you sure that this applies to Sixt rentals booked through Lyft, and not just to “true” Lyft Rentals locations? It’s hard for me to tell from reading the fine print.

James

Thanks. Yeah, I hope it would work out that way. Looking in the app, it says “pay at pickup” and “cancel for free,” which makes me wonder if Sixt would run your card, and it would be billed like any other Sixt rental. Hopefully someone can provide a datapoint.

BTW, these locations have “true” Lyft Rental offices: Los Angeles, San Diego, Bay Area (San Francisco x2, Oakland, and San Jose), and Chicago. None are actually at the airport, but LA, San Diego, and San Jose are reasonably close.