Amex Platinum cardholders get up to $200 in Uber credits every year — here's how to make the most of the benefit, even if you're staying home

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  • One of the most valuable benefits of The Platinum Card® from American Express is the up to $200 in Uber credits cardholders can receive each year.
  • You won't receive the credit all at once — instead, it's divided into up to $15 per month, with an additional $20 in December.
  • The Uber credit isn't automatic — you must add your Platinum Card to your Uber account and select your Uber Cash balance as a payment method.
  • The benefit doesn't roll over from one month to the next, but if you find you can't use it on Uber rides, you can also apply it to Uber Eats food delivery and takeout.
  • Read Business Insider's guide to the best American Express cards.

The last few years have seen an unmistakable trend emerging in the world of premium credit cards, including popular options like the Chase Sapphire Reserve® and American Express® Gold Card. Customers are being asked to pay higher annual fees upfront, but the net out-of-pocket cost to hold some of these credit cards is dropping as issuers continue to add more perks, statement credits, and other valuable rewards.

One of the best examples of this is The Platinum Card® from American Express, which carries a hefty annual fee of $550 (See Rates) but offers a litany of luxury travel perks and statement credits. With travel ground to a halt for most of 2020, one of the most valuable benefits of the Platinum Card has been up to $200 in Uber credits cardholders receive each year — which takes a huge bite out of the card's annual fee.

Let's take a look at everything you need to know to maximize the Amex Platinum Card's Uber credits.

The Platinum Card® from American Express

American Express The Platinum Card® from American Express

You'll also want to be sure you select your Uber cash balance as your payment method when paying for a ride or food delivery with Uber Eats (more on that later). Keep an eye out for an email on the first of the month from Uber with the subject line "American Express® reward — your $15 in Uber Cash is here."

There are a few other key terms to keep in mind:

  • If you don't have enough Uber credits to cover the cost of your ride or Uber Eats purchase, the remaining balance will be charged to the Amex card on your account
  • Amex Platinum Uber credits can only be applied in the US
  • You must add the card directly to your account and not through a third party like Apple Pay or PayPal
  • If you don't redeem your entire credit for the month, it will not roll over to the next month — so use it or lose it
  • The credits expire on the last day of each month at 11:59 p.m. Hawaii Standard Time
  • Only the first Uber account you add your card to will be eligible for the credit (even if you have multiple Uber accounts)
  • The Amex Uber benefit also includes an upgrade to Uber VIP status, which means — in select cities — you'll be connected to drivers with at least a 4.8-star rating and "high-quality cars"

Generally speaking, American Express makes you jump through one or two extra hoops in order to activate certain benefits on its cards. Either you have to add your card as a payment method like in the case of this Uber credit, or you have to enroll in the benefit through the American Express website (for example, the Amex Platinum Saks Fifth Avenue credit or Amex airline incidental fee credits), so if you're expecting to automatically receive the statement credit you might end up sorely disappointed. 

Why the Amex Uber credit is so valuable during the pandemic

Due to their high-touch nature, many people are avoiding rideshare services like Uber in an attempt to reduce their potential exposure to COVID-19. Thankfully, you can use the Platinum Card's Uber benefit in a much more quarantine-friendly way: ordering food delivery with Uber Eats. 

Uber's rideshare and food delivery services share the same back-end tech infrastructure, meaning that an Uber cash balance earned on one platform can be used with the other. I've been using my $15 monthly Uber credit to order delivery pretty much all year long, and Amex recently added another limited-time offer that sweetens this deal and helps you stretch the value of your credit even further.

Through December 31, 2021, customers who have the Platinum Card, Amex Gold Card, or American Express® Green Card can enroll to receive a free year of Uber Eats Pass. This membership, which normally costs $119 a year, comes with a $0 delivery fee and 5% off when you spend $15 or more at eligible restaurants.

You won't receive the free year of Uber Eats Pass automatically. To activate it, you'll need to download or update to the latest version of the Uber Eats app. Be sure to add your eligible Amex card to your wallet if it's not there already — then, from the app, you'll have the option to claim your complimentary Uber Eats Pass.

Food delivery services are notorious for charging hefty service fees, and in the past, it was easy to spend more of your Uber credit on taxes than on actual food. Now Amex is helping to drop those costs for some of its most valuable customers, and in the process get you more value out of the existing perks on your Platinum Card. 

Bottom line

Even prior to COVID, the $200 in annual Uber credits that come with The Platinum Card® from American Express played a big role in helping justify the card's annual fee. With travel taking a back seat this year and more people opting to order in instead of going out, this perk has quickly become one of the most important that the card offers.

Once you add your Platinum Card as a payment method on your Uber account you can sit back and watch the $15 credit roll in each month, as well as a $20 bonus in December. Make sure to register for a free year of Uber Eats Pass with your Platinum Card before the end of 2021 in order to stretch this benefit even further. 

Citi Citi® / AAdvantage® Platinum Select® World Elite Mastercard®Chase Marriott Bonvoy Boundless™ Credit CardChase Chase Freedom Unlimited®

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of the American Express® Gold Card, please click here.

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