Lyft's Subscription Plan, everything you need to know and how to sign up

“This is the first step toward delivering on our goal of making car ownership optional" - Lyft

Lyft is making moves! The rideshare company revealed yesterday that they are rolling out their much-anticipated subscription plan nationwide. Over the past year, Lyft has been testing a subscription model in various markets across the US and they are now ready to offer their all-access plan to everyone.

The Offer: 30 rides for a flat $299 a month.

The Slight Catch: Each of the 30 rides is only worth $15 and if you take a longer route that's worth more, you'll pay the difference. On the flip side, if your ride is worth less than $15, it will still count as a $15 minimum ride. It is also important to note that any unused rides do not roll over to the next month.

Still, if you do the math, this Lyft All-Access plan is worth it for those who use the service a lot. The plan is worth $450 and Lyft has stated that they are also giving a 5% discount to all subscribing accounts on any additional rides over the first 30.

This new all-access plan is valid for rides taken anywhere in the US, in other words you are not limited to rides only in your geographic location. However, the subscription does not apply to scheduled rides, bikes, or scooters. Other than that it works like a normal Lyft ride!

Consumers can sign up for the plan here. It will be available to everyone by the end of the week.

Once you sign up, your plan will appear under the ‘Promos’ tab in the Lyft app. If you wish to cancel your subscription you can do so anytime by going to the ‘Notifications’ tab in your Lyft app and tapping ‘Manage’ to cancel. Cancellations apply to the next billing cycle.

Finally, before you hop on board with the all-access plan we suggest using our fare calculator to check your Lyft estimates to make sure the plan makes sense for you. For instance, if you typically take Lyft rides to work that only cost $8 a pop, the plan wouldn’t financially make sense for your scenario.

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