Lyft Cash is an alternative way for riders to pay for Lyft rides rather than placing a credit card on file within the app. The Lyft Cash feature lets users add money as often as needed to their Lyft accounts to pay for rides. You can even use the Lyft cash feature to add cash to you Lyft app through various storefronts! Find out more below.
Before using Lyft Cash you will have to set this feature up as your preferred payment method within your app by navigating to “Payments” and choosing “Lyft Cash” as your preferred payment method. You can change this at any time. Lyft even gives the choice to choose your payment method every time you book a ride, allowing you to alternate between payment methods as often as you want!
You can add Lyft Cash to your account or set up automatic refills. Setting up 'Auto refill' will add cash to your account when your balance falls below $15.
To add Lyft Cash in the Lyft app:
While you can add Lyft cash via a credit/debit card, bank account, prepaid card, or Lyft gift card, you can also add “real hard cash” to your account via the below steps!
To confirm your cash load was added to your Lyft Cash balance, return to the ‘Wallet’ tab. You should see your balance in the Lyft Cash section. Please note that there is a minimum of $30 for each cash load transaction and a maximum of $300.
What if I don’t have enough money in Lyft Cash to cover my ride?
Your default payment method (aka your credit card) will be charged if your Lyft Cash balance doesn’t cover the full cost of a ride.
Does using Lyft Cash affect my business profile?
Turning on Lyft Cash on your personal profile won’t affect the default payment method on your business profile.
Can Lyft Cash be used for anything a Credit Card can be used for?
No, Lyft Cash can’t be used for certain fees such as lost & found fees, damage fees, and gift cards purchases.
Lyft Cash is currently only available in select markets in the United States.