Payments Spectrum
Saturday, 28 October 2017 | P5

Uber is set to release its own rewards earning, no-fees credit card, backed by Barclays bank. According to the ride-sharing service, the card is a way for the company to double down one of its more highly successful sub-businesses: UberEats, which is on track to earn over $3 billion in revenue this year. The Uber credit card will reportedly allow users to charge Uber rides to it, giving 2% cash back. It will also give 4% cashback on restaurants, takeout, and bars, 1% on typical purchases and 3% back on airfare, hotels, and vacation home rentals…

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Published on Oct 25, 2017


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