Lyft Rolls Out Cash-Back Program for Drivers as Gas Prices Jump

Dow Jones03-26 00:41

By Katherine Hamilton

Lyft rolled out a bundle of cash-back perks for its drivers to offset the rising cost of gas.

The ride-hailing company said Wednesday it would give 2% cash back for its Elite-tier drivers and 1% back for Gold- and Platinum-tier drivers when they use a Lyft Direct business debit card to pay for gas.

Those rewards will be on top of the existing cash-back percentages drivers get. Elite tiered members are already getting 10%, while Platinum receive 7% back and Gold get 3% back.

Drivers will also get an additional 14 cents per gallon back through Lyft's partnership with Upside, which gives cash back on gas when drivers pay with a physical card.

"Drivers are feeling the cost of rising gas prices, which ultimately impacts their earnings," said Yuko Yamazaki, who leads Lyft's driver business.

DoorDash announced a similar program on Monday, offering 10% cash back on every qualifying gas purchase.

Gas prices in the U.S. have jumped since the conflict in Iran began in late February.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 25, 2026 12:41 ET (16:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2622003374?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-26 00:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2622003374","market":"nz","top_or_hot":-1,"title":"Lyft Rolls Out Cash-Back Program for Drivers as Gas Prices Jump","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LYFT\">Lyft</a> rolled out a bundle of cash-back perks for its drivers to offset the rising cost of gas. \n</p>\n<p>\n  The ride-hailing company said Wednesday it would give 2% cash back for its Elite-tier drivers and 1% back for Gold- and Platinum-tier drivers when they use a Lyft Direct business debit card to pay for gas. \n</p>\n<p>\n  Those rewards will be on top of the existing cash-back percentages drivers get. Elite tiered members are already getting 10%, while Platinum receive 7% back and Gold get 3% back. \n</p>\n<p>\n  Drivers will also get an additional 14 cents per gallon back through Lyft's partnership with Upside, which gives cash back on gas when drivers pay with a physical card. \n</p>\n<p>\n  \"Drivers are feeling the cost of rising gas prices, which ultimately impacts their earnings,\" said Yuko Yamazaki, who leads Lyft's driver business. \n</p>\n<p>\n  DoorDash announced a similar program on Monday, offering 10% cash back on every qualifying gas purchase. \n</p>\n<p>\n  Gas prices in the U.S. have jumped since the conflict in Iran began in late February. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 12:41 ET (16:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft Rolls Out Cash-Back Program for Drivers as Gas Prices Jump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft Rolls Out Cash-Back Program for Drivers as Gas Prices Jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-26 00:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/LYFT\">Lyft</a> rolled out a bundle of cash-back perks for its drivers to offset the rising cost of gas. \n</p>\n<p>\n  The ride-hailing company said Wednesday it would give 2% cash back for its Elite-tier drivers and 1% back for Gold- and Platinum-tier drivers when they use a Lyft Direct business debit card to pay for gas. \n</p>\n<p>\n  Those rewards will be on top of the existing cash-back percentages drivers get. Elite tiered members are already getting 10%, while Platinum receive 7% back and Gold get 3% back. \n</p>\n<p>\n  Drivers will also get an additional 14 cents per gallon back through Lyft's partnership with Upside, which gives cash back on gas when drivers pay with a physical card. \n</p>\n<p>\n  \"Drivers are feeling the cost of rising gas prices, which ultimately impacts their earnings,\" said Yuko Yamazaki, who leads Lyft's driver business. \n</p>\n<p>\n  DoorDash announced a similar program on Monday, offering 10% cash back on every qualifying gas purchase. \n</p>\n<p>\n  Gas prices in the U.S. have jumped since the conflict in Iran began in late February. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 12:41 ET (16:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4209","symbol_name":"餐馆","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622003374","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622003374","pubTimestamp":1774456860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Lyft rolled out a bundle of cash-back perks for its drivers to offset the rising cost of gas.The ride-hailing company said Wednesday it would give 2% cash back for its Elite-tier drivers and 1% back for Gold- and Platinum-tier drivers when they use a Lyft Direct business debit card to pay for gas.Those rewards will be on top of the existing cash-back percentages drivers get. Elite tiered members are already getting 10%, while Platinum receive 7% back and Gold get 3% back.Drivers will also get an additional 14 cents per gallon back through Lyft's partnership with Upside, which gives cash back on gas when drivers pay with a physical card.\"Drivers are feeling the cost of rising gas prices, which ultimately impacts their earnings,\" said Yuko Yamazaki, who leads Lyft's driver business.DoorDash announced a similar program on Monday, offering 10% cash back on every qualifying gas purchase.Gas prices in the U.S. have jumped since the conflict in Iran began in late February.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4209":"餐馆","DASX":"Tradr 2X Long DASH Daily ETF","BK4549":"软银资本持仓","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4588":"碎股","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","LYFX":"2倍做多LYFT ETF-Tradr","DASH":"DoorDash, Inc.","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LYFT":"Lyft, Inc.","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","VDE":"Vanguard Energy ETF","BK4536":"外卖概念","BK4022":"陆运","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4230":"旅客陆运","BK4535":"淡马锡持仓"},"translate_title":"随着油价上涨，Lyft为司机推出现金返还计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYFX":0.6,"LYFT":1.5,"DASX":0.6,"VDE":0.78,"DASH":0.9},"content_text":"By Katherine Hamilton \n\n\n \n\n\nLyft rolled out a bundle of cash-back perks for its drivers to offset the rising cost of gas. \n\n\n  The ride-hailing company said Wednesday it would give 2% cash back for its Elite-tier drivers and 1% back for Gold- and Platinum-tier drivers when they use a Lyft Direct business debit card to pay for gas. \n\n\n  Those rewards will be on top of the existing cash-back percentages drivers get. Elite tiered members are already getting 10%, while Platinum receive 7% back and Gold get 3% back. \n\n\n  Drivers will also get an additional 14 cents per gallon back through Lyft's partnership with Upside, which gives cash back on gas when drivers pay with a physical card. \n\n\n  \"Drivers are feeling the cost of rising gas prices, which ultimately impacts their earnings,\" said Yuko Yamazaki, who leads Lyft's driver business. \n\n\n  DoorDash announced a similar program on Monday, offering 10% cash back on every qualifying gas purchase. \n\n\n  Gas prices in the U.S. have jumped since the conflict in Iran began in late February. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2026 12:41 ET (16:41 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622003374","isCrawlerRequest":true}