Lyft vs. Uber: Which Monthly Subscription Plan Will Save You More Money?
Your two favorite ride-share apps are at it again.
Lyft released a monthly subscription plan similar to that of Uber’s on Monday, July 30. According to a press release, the new personal plan locks in prices for set routes that riders take often, such as from work to the gym during the week, or maybe your fave dive bar back to your apartment on Saturday nights.
Riders pay a monthly subscription fee between $1.99 and $9.99, depending on the route, and then receive a fixed-rate for any route of their choice, worth no more than $25. The 30-day, monthly subscription plan is only available for one route per rider, and only works for car rides (it can’t be applied to bikes or scooters). So choose your route wisely!
Uber released two subscription services this year. In June, Uber announced a 28-day plan that requires riders to pay a monthly fee of $9.99 in order to lock in a price for a set route between two locations for both shared and regular rides. Uber offers one more perk though — up to 15 percent off all other routes not in the plan.
In October, Uber announced another, Amazon Prime-style subscription service in five cities around the U.S. Riders in Los Angeles can now pay $24.99 per month to lock in flat rates on UberX and UberPool rides that they take over the course of that month. Riders in Austin, Orlando, Denver and Miami will pay just $14.99 for the same service. According to Uber, the subscription service will ensure that rates are heavily discounted for riders, saving them up to 15 percent per month.
Lyft vs. Uber
If you’re a frequent user of both Lyft and Uber, it might be difficult to choose between the subscription plans. Theoretically, if you travel between a few different locations often, you could sign up for both and lock in two fixed rates for two different routes, one in each app. For instance, you could use Lyft’s monthly plan for rides between your apartment and the gym, and Uber’s plan for trips between your SO’s house and the office. That could still add up, though.
Here’s how to decide which subscription plan will give you the most bang for your buck.
Lyft will be more affordable for your lifestyle if your monthly fee is less than $9.99 per month. Lyft’s flexible monthly rate of $1.99 to $9.99 is better for your budget than Uber’s fixed monthly fee of $9.99. However, if your personal plan fee is $9.99, you might want to consider riding with Uber.
Uber will be more affordable for your lifestyle if you ride frequently. Beyond paying the monthly fee of $9.99, and the fixed-rate for your set route, Uber’s perk of 15 percent off all other rides per month could save you a pretty penny over the course of 28 days. If you live in Los Angeles, Miami, Denver, Austin or Orlando and choose the Amazon Prime-style subscription service, you’ll pay just $14.99, but save 15 percent per month while enjoying lower rates and zero price hikes.
Still not sure which app is better for your budget? Don’t worry, you have time to decide. Both monthly subscription plans are only being offered to a select number of users across the U.S. right now. If you’re one of the chosen ones, let us know how you feel about the new feature on our Facebook page.