Published on June 13th, 2018 | by William Charles15
Will The Lyft Credit Card Be Issued By Chase?
Earlier today it came out that one of the 5% rotating categories on the Chase Freedom for Q3 would be Lyft. For those that don’t know Lyft has previously indicated they will be launching a cobranded credit card (following Ubers card with Barclaycard). Given that Chase has added Lyft as a 5% category it leads me to believe they might be the issuer of a Lyft co-branded card. It’s unlikely to be American Express given that they offer Uber credits on the Platinum card, it’s also unlikely to be Barclays as they issue the Uber card. That basically leaves us with Bank of America, Capital One, Citi, Chase, Discover, U.S. Bank & Wells Fargo. We can almost immediately eliminate Discover & Wells Fargo as typically they don’t issue co-branded cards. Citi has previously indicated a desire to exit the competitive rewards card marketplace so they would be another unlikely candidate. I personally think that Chase is the strongest candidate, but it wouldn’t surprise me to see Bank of America or Capital one with the portfolio either. What is your guess? Let me know in the comments below.