My Plan to Maximize the New Amex Uber Benefits
New Amex Uber benefits have just been announced. Not surprisingly, Amex is directing more of their rewards for items and services other than travel. These everyday rewards continue the trend with various card issuers, putting more obligation and responsibility on individual cardholders to consume them. Whether any individual everyday reward benefit is useful or not, the tasks of planning and maximizing them can easily wipe out any gain from the actual reward at times. Fortunately, a few simple strategies exist for getting the most out of the new Amex Uber benefits. Let’s reset the new benefits and take a look at easy ways to maximize them!
Amex Gold Uber Benefit
Here are the details of the new Amex Gold Uber benefit:
- $10 monthly credit for Uber or Uber Eats
- The perk should start sometime in early 2021, but there’s no specific date yet
- This new benefit is in addition to the current $10 Grubhub, Shake Shack, Ruth’s Chris etc. credit
Uber Eats Pass Benefit
The three personal cards without a preset limit (Gold, Platinum, Green) will also each come with a year of Uber Eats Pass. This looks to be a temporary, one time card benefit. Here are the Eats Pass perks:
- $0 delivery fee on all orders
- 5% off restaurant orders over $15
- $0 delivery fee on grocery orders over $30 (select markets only)
Maximizing The New Amex Uber Benefits
Amex Gold Uber Benefit
Many of us in the hobby hold multiple personal Amex Gold and/or Platinum cards. Of course, ensure to load your cards to the same Uber account so that you can stack the existing Platinum Uber/Uber Eats $15 benefit with the new Gold $10 benefit. Hopefully, they should stack without issue when you take a ride/order food. I do not have firsthand experience with this as I only have one personal Platinum Uber Eats credit. But what if Amex won’t allow stacking on the same ride/order?
This is where my preference for Uber Eats pickup comes in. I’ll simply make two orders for the same restaurant and pickup time, focusing on hitting exactly the $15 and $10 order amounts separately. No doubt, that’s a bit more work for free food, but I will use my credits while avoiding the service fee. Indeed, I have routinely used this multiple-order method with Amex’s $10 GrubHub benefit and our multiple Gold card accounts to effectively use more credits on the same meal.
For those who plan to use for Uber rides, hopefully the multiple credits stack on one ride. Beyond that, I don’t see any other option beyond taking multiple rides to use the separate credits – perfectly practical for some. And of course, many of you may just have one Gold card account and no Platinum cards that provide additional credits. Your decisions are much simpler, but I’d encourage you to consider pickup on Uber Eats to minimize fees!
Uber Eats Pass Benefit
Let’s now shift to the next benefit that affects more cards. The new Uber Eats Pass benefit grants any personal Amex Green, Gold, or Platinum cardholder a one year membership that must be activated by December 31, 2021. Again, many of us have multiple Green, Gold, and/or Platinum cards. Here’s how I plan to maximize with multiple cards.
I will enroll in Uber Eats Pass immediately (I still have one Platinum $15 credit to use this month). In fact, I just opened the Uber Eats app, and I’m already being presented with the Eats Pass benefit. I will then plan to activate a second Uber Eats Pass membership (using the credit from another Gold or Platinum) some time after my first Eats Pass membership has ended, but by December 31, 2021. I’m effectively obtaining two years of Eats Pass membership with this strategy. My wife has multiple Gold and Platinum cards, as well, and we plan to do the same on her Uber Eats account.
My Overall Take
I consider these new benefits a net win for my situation, and I think many would agree. But I’ve heard polarizing opinions regarding these new benefits. Some have absolutely no use for them. On a whole, though, the new benefits strengthen and complement the Platinum Uber benefit many of us already have.
Gold cardholders are simply losing the $100 airline credit and gaining a $120 Uber/Uber Eats credit, although having both in 2021 will be fun. While I’ve had no issue redeeming the airline credits, I frankly have no use for more given the pandemic and my healthy Southwest points balance. The new credit is a bit more work, but I like that it’s something that I can actively consume on a monthly basis rather than the airline credits which I’ve redeemed but not actually consumed. Frankly, the new benefit could be much worse. I haven’t done heavy research, but it seems to me more people use Uber Eats than Peloton (gee, thanks, Chase).
Initially, I groaned at the Uber Eats Pass benefit, considering that we have six cards eligible for this benefit, and some would go unused. But there’s no “loss” at this point with the extras currently, since Amex hasn’t yet removed any benefits which the Eats Pass is replacing. Longer term, we’ll see if/what Amex eliminates to better judge the Uber Eats Pass benefit. Those of you with just one personal Green, Gold, or Platinum card easily win with Eats Pass.
I’ve been focusing more on the increasing trend of everyday rewards for goods and services beyond travel. I enjoy leveraging them to minimize costs and redirect those savings to unrestricted travel or anything else I want! Amex’s new benefits, particularly extra Uber Eats money on our Gold cards, lowers our dining expenses even more. Everyone’s situation is different, so consider what’s best for you or if it’s worth keeping your card(s) at all. What do you think of the new Amex Uber benefits?