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# Ridesharing Credit Cards
The Uber Visa Card Appeals to Millennials with Special Perks

By Laura McQuarrie | Published 2017-10-26 | Autos
Source: Trend Hunter, https://www.trendhunter.com/trends/uber-visa
References: [digitaltrends](https://www.digitaltrends.com/mobile/uber-credit-card-launch/) & [uber](https://www.uber.com/en-CA/c/uber-credit-card/)

The Uber [Visa Card](https://www.trendhunter.com/trends/veem) was recently announced and will soon be available, positioning itself as a card free from fees that Millennials will love.

The credit card offers 4% back on restaurant visits, including [UberEats](https://www.trendhunter.com/trends/toast-2), 3% percent on hotels and airfare, as well as 2% percent on online purchases, which includes Uber. As a result of using the card, rewards may be redeemed for credits that may be put towards either Uber or UberEats; alternatively gift cards or cash back are also options.

Some of the benefits that are offered to cardholders who spend a minimum of $5,000 annually include a $50 subscription credit that may be used with [Spotify](https://www.trendhunter.com/trends/spotify-amex-resy), Netflix or an Amazon Prime. Additionally, if a cardholder uses the credit card to pay their phone bill, Uber also promises to cover mobile phone theft and damage.

## Trend Insights (Trend Hunter)

- Score: 6.2/10
- Popularity: 86% | Activity: 92% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Autos](https://www.trendhunter.com/autos)

## Key Themes

### Why This Trend Is Growing

- **Ridesharing Credit Cards:** The Uber Visa Card is a creative way of appealing to Millennials, who can benefit from cashback rewards and other special perks when using the card.
- **Cashback Rewards:** The cashback rewards trend may prove to be a competitive advantage in the credit card industry.
- **Mobile Payment Integration:** The inclusion of Uber as a category for online purchases offers a great opportunity for other mobile payments to create similar integrations with popular ride-hailing services.

### Industries Being Reshaped

- **Hospitality:** The hospitality industry may benefit from partnering with credit card companies to create rewards programs for restaurant visits, hotels, and airfare.
- **Online Retail:** Online retail companies may begin exploring ways to incorporate cashback rewards as a form of customer loyalty and retention through online purchases.
- **Mobile Telecommunications:** The mobile telecommunications industry may be motivated to create similar perks that reward customers for using their mobile payment options to pay for their phone bill.

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