Uber to launch new card offering for drivers

Drivers can save money on gas, fees, and other associated costs thanks to the Uber Pro Card, which is designed for both Uber drivers and couriers. Additionally, for added convenience, earnings will be automatically deposited into a business bank account powered by Branch.

Uber, a ride-hailing and delivery service, has teamed up with card issuer Marqeta, Mastercard, a major player in payments, and fintech Branch to introduce a new loyalty and payment card for its drivers.

Drivers may manage their funds, transfer money to other bank accounts, and track their profits with the Uber Pro Card app. The card will support contactless purchases and be accessible through mobile wallets as well.

As soon as a driver reaches Diamond status as an Uber Pro driver, it will also provide customised benefits, such as up to 10% cashback on fuel and 12% cashback on electric vehicle (EV) charging charges, which are promptly paid to drivers’ accounts after each trip and are free of charge.

Andrew Macdonald, senior vice president, mobility and business operation at Uber, says: “The new Uber Pro Card will allow drivers to take home more of what they earn.”

Before accepting a journey, drivers may view their prospective earnings and the destination, and there is also a bacbackuplance that gives them access to up to $150 in case of crises.