This week Barclaycard shared details of their new Uber Visa credit card.
Bottom-line it’s a really strong no annual fee card with 4% back on restaurants, cell phone protection, and an annual rebate for online streaming services. Although it doesn’t seem to carry significant benefits traveling with Uber.
In the New York Times coverage of the card they note that applying for the card will be embedded into Uber though.
Uber customers will be able to apply for the card within the Uber app, with most of the personal information needed for the credit card application pulled directly from their Uber profile. If approved, the card can be immediately loaded into a customers’ mobile wallet. The goal, Uber’s David Richter said, is to have people applying, getting approved, loading the card and paying for the ride with the card all while the customer is being taken to their destination.
More significantly to me, they noted “Barclays and Uber said point transfers to airlines will be coming in 2018.”
Doctor of Credit wondered if this is misreporting.
Obviously there is no guarantee that this will happen and it’s also possible NYTimes is misreporting this (similar to Time reporting no fees for Apple Pay’s p2p).
However Barclaycard confirms to me that “we are exploring other travel redemption options for 2018, like point transfers, that could be used for Uber and some of our other card products.”
So there’s nothing to announce today in terms of which cards will offer points transfers, or which programs points will transfer to. I’d imagine that this would be a feature not just for Uber but perhaps for their Arrival+ product or a new premium product in the Arrival family. This could be huge.