If you’re an Uber user, you may have noticed a new line item on your most recent credit card statement: “Uber Credit Balance.” So what is this new charge, and why did Uber start billing its users this way?
According to Uber, the credit balance is “a new way to pay for your Uber rides.” When you add a credit card to your Uber account, you’re automatically enrolled in the program. Uber will then keep track of your ride history and credit your account with a certain amount of money each month. This credit can be used to pay for future rides, or it can be withdrawn from your account and used like cash.
There are a few benefits to using the Uber Credit Balance. First, it’s a great way to save money on your Uber rides. If you know you’ll be using Uber frequently, you can stock up on credits and use them when fares are higher. Second, it’s a convenient way to pay for your rides. You don’t have to worry about having enough cash on hand, or remember to pay your Uber bill each month. Third, it’s a safe way to pay for your rides. If your credit card is lost or stolen, your Uber credit balance is protected.
To check your Uber credit balance, simply open the Uber app and go to the “Payment” tab. From there, you’ll be able to see how much credit you have available. If you have a positive balance, you can use it to pay for your next ride. If you have a negative balance, you’ll need to add more money to your account before you can take your next ride.
So there you have it! Uber’s new credit balance feature is a great way to save money on your rides, and it’s a convenient and safe way to pay for your rides. If you’re an Uber user, be sure to check your credit balance regularly to make sure you’re never caught without a ride.
Other related questions:
Q: Why do I have a credit from Uber?
A: If you have a credit on your account, it is most likely due to a promotional code that you entered when you signed up.
Q: Can you cash out Uber credit?
A: Yes, you can cash out your Uber credit balance if you have a credit card linked to your account. To do so, simply go to the ‘Payment’ tab in the Uber app and select ‘Cash Out.’
Q: How long does Uber credit last?
A: Uber credits last until they are used up or they expire, whichever comes first.
Q: How do I cancel my Uber credit?
A: You can cancel your Uber credit by going to the ‘Payment’ tab in the Uber app and selecting ‘Cancel Credit’.