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Lyft Enhances Rewards Program with Higher Earning Rates

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July 22, 2025
The Points Party Team
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Lyft announces major improvements to its rewards program starting August 4, 2025, with business riders earning up to 8% back and personal riders getting enhanced Alaska Airlines miles earning rates.

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I'll research the latest information about Lyft's rewards program improvements and then write the article following The Points Party's guidelines.# Breaking: Lyft Enhances Rewards Program with Higher Earning Rates for Business and Personal Riders

Starting August 4, 2025, Lyft is rolling out significant improvements to its rewards program that will benefit both business and personal riders. The rideshare company has announced enhanced earning rates that could help you maximize your points and miles on every trip.

Key Changes to Lyft's Rewards Structure

The most substantial improvements target business riders enrolled in their company's Lyft Business program. Here's what's changing:

Business Riders Get Major Boost

  • 6% Lyft Cash back on standard work rides (Standard, Priority, XL, Pet, Wheelchair, Green)
  • 8% Lyft Cash back on premium rides (Black, Black SUV, Extra Comfort)

This Lyft Cash can be used for future rides, including personal trips, making it a valuable perk for frequent business travelers. The best part? There's no activation required if you're already enrolled in your company's Lyft Business profile.

Personal Riders Win Too

Personal riders who've linked Alaska Airlines as their rewards partner will see improved earning rates:

  • 2 miles per dollar on everyday rides (Standard, Priority Pickup, XL)
  • 3 miles per dollar on airport trips and premium rides (Black, Black SUV, Extra Comfort)

This represents a notable increase from previous earning rates and makes Lyft more competitive with other rideshare rewards programs.

How to Maximize Your Lyft Rewards

To get the most value from these changes, consider these strategies:

1. Stack with Credit Card RewardsIf you have the Chase Sapphire Reserve, you're already earning 5x points on Lyft rides through September 30, 2027. Plus, Sapphire Reserve cardholders receive up to $10 in monthly Lyft credits ($120 annually).

2. Choose Your Partner WiselyWhile Alaska Airlines offers the best earning rates for personal riders, you can also link:

  • Hilton Honors: 3 points per dollar on personal rides, 6 points per dollar on business rides
  • Bilt Rewards: 2 points per dollar on all rides

3. Understand Point ValuesWhen deciding between partners, remember that Alaska miles are often valued around 1.8-2.2 cents per mile, while Hilton points typically range from 0.4-0.6 cents each. This makes Alaska miles potentially more valuable for most riders.

Who Benefits Most?

This update particularly benefits:

  • Business travelers who frequently use Lyft for work trips
  • Points and miles enthusiasts looking to maximize their rewards
  • Alaska Airlines frequent flyers building their mileage balance
  • Anyone who regularly takes premium Lyft rides

Additional Considerations

For Drivers: Lyft has also enhanced its driver rewards program. Drivers now earn one point for every dollar of ride earnings, including tips, with the potential to earn 2-3 points per dollar based on acceptance rates.

Geographic Limitations: Some features may not be available in all markets. The Lyft Shop and ability to redeem points is not available in New York City, California, Minnesota, and Washington state.

The Bottom Line

These improvements make Lyft more competitive in the rideshare rewards space. Business riders, in particular, stand to benefit significantly with up to 8% back on premium rides. For personal riders, the enhanced Alaska Airlines earning rates provide a compelling reason to choose Lyft, especially for airport trips and premium rides.

To take advantage of these new rates, ensure your Lyft account is linked to your preferred loyalty program before August 4, 2025. Whether you're focused on building your travel rewards or simply want to get more value from your everyday transportation, these changes represent a meaningful improvement to Lyft's rewards ecosystem.

Remember to check if your employer offers Lyft Business access – if they do, you could be leaving significant value on the table by not enrolling. With strategic use of these enhanced earning rates and the right credit card combinations, your daily commute could fund your next vacation.

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