New Uber credit card seems pretty great, no?

4% - Restaurants/bars
3% - Flights/hotels
2% - Online purchases
1% - Everything else

Isn't that better than Chase Sapphire?

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It’s the best free card you can get, for sure...but not better than CSR given the portal / other benefits the card has ($300 travel credit, lounge access trip insurance, etc).

BUT Uber does have free cell phone insurance + a small subscription credit you can use toward Netflix, Hulu, etc....

Nevertheless, I don’t do business with Uber for a variety of reasons, and am waiting for Lyft to come out with their own version.

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CSR provides 3x points on travel and dining, worth 1.5 cents each, so that’s a 4.5% return minimum (potentially higher with transfer partners). Non-bonus spend still earns 1.5 cents, so no, CSR still yields better returns. Of course, the Uber card is no fee, so if you aren’t putting much spend on your CSR card (<$3k per year) you’d be better off. For most of us, that’s not the case.

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I suspect we’ll see these benefits cut with the year, especially if abused

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And the CSR gives you a 150% redemption value on travel rewards.

But it’s Uber...

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