Uber has launched a Visa business debit card in partnership with GoBank, earlier this year they released a consumer credit card in partnership with Barclays. The new debit card is available exclusively to drivers and delivery partners. The debit card has a rewards program that cardholders opt into, the examples they give are as follows:
- 3% Cash Back at Exxon and Mobil gas stations when drivers use their PIN at the pump
- 1.5% Cash Back at all other gas stations
- 2% Cash Back at Walmart for in-store and online purchases
- 15% discount on select automotive maintenance services at Jiffy Lube
- 10% Cash Back on auto part purchases at Advance Auto Parts and participating Carquest Auto Parts locations. (Maximum of $100 per month on up to $1,000 total spending per month on purchases)
- 8% Cash Back when you pay your monthly Sprint bill and on purchases in Sprint corporate retail stores or online at sprint.com. (Maximum of $50 per month per account on up to $625 total spending per month on purchases. Excludes select accessories sold at non-corporate Sprint stores. Learn more here.)
The card has no sign up bonus or annual fee. Cardholders can opt into 24/7 roadside assistance from Urgent.ly for $0.49 per month (4 incidents total). Cardholders can also cash out earnings on Instant Pay for free up to 5 times a day. The fact that this is a debit card instead of a credit card might present some interesting opportunities, but I am sure they will be quickly shut down by GoBank.
