Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

DoorDash, Uber, Lyft look to ease pain at the pump through gas rebates

(BUSINESS) If you drive for popular delivery services as a side hustle or your full-time job, check out how much you could save on gas at the pump.

Woman getting into rideshare who are now offering gas incentives.

Across the country gas prices have soared leading to financial concerns for those who make a living from the driver’s seat. In response to the increase, popular ride-sharing and food delivery services are raising prices for the consumer to help drivers stay on the road, but not without caveats.

DOORDASH

On March 15, Doordash announced their plan to help drivers, some of which may make more than $1.50 per gallon according to company estimates.

As part of the changes, all DoorDash drivers in the United States can get 10% cashback on gas, however, there’s a catch. To get cashback, drivers need to buy gas through their DoorDash prepaid debit card called DasherDirect. As an added bonus, drivers can use the benefits even if they aren’t driving for DoorDash at the time.

If you get paid out by DoorDash in a different way and want the help, you’ll need to get the DasherDirect card. Luckily, you can use it to make purchases digitally as soon as you’re approved, otherwise, you’ll need to wait for your card to come in the mail.

Advertisement. Scroll to continue reading.

If you’re a DoorDasher who drives constantly the company is adding even more benefits. Those who complete more than 100 miles a week will earn an extra $5; for 175 miles, drivers earn an additional $10; for 225, another $15.

DoorDash estimated these two changes could save drivers between $1.65 and $2 per gallon.

UBER AND UBER EATS

Ride-hailing companies Uber and Lyft also changed their policies to help drivers.

On March 16, Uber riders began paying an additional 45 cents to 55 cents per trip to get to their destination. Uber Eats deliveries have a surcharge of 35 cents to 45 cents.

100% of the additional cost goes directly to drivers. These fees will last two months and then the company will reassess.

Advertisement. Scroll to continue reading.

LYFT

On the same day as Uber’s announcement, Lyft made one of its own. The majority of drivers in the U.S. are also receiving an extra 55 cents per ride to offset the rising fuel costs.

Much like DoorDash’s approach, Lyft also offers cashback via their Lyft Direct debit card. Drivers could see an increased 4 to 5% cashback increase on gas through June.

In January 2022, Lyft also announced a partnership with GetUpside to give drivers cash back on gas. With that, drivers can find a gas station in the Lyft Driver app and use it to pay for gas. They will then get credited back on the app in a few days. Some drivers could see up to 32 cents per gallon back.

As of March 21, the average price of regular-grade gasoline was $4.52. That’s way up from $3.53 a month ago and $2.88 a year ago, but down from $4.32 a week prior according to AAA.

AAA data also showed California, Nevada, and Hawaii have the nation’s highest gas averages, and Kansas, Missouri, and Oklahoma have the lowest.

Advertisement. Scroll to continue reading.

With nearly a decade of writing experience Dewey can’t stay away from the addictive quality of words, an addiction that rivals his constant need to share his opinion (he’s a Gemini). When he’s not working, writing or doom scrolling Twitter, you can find him on one of Austin’s many beautiful hiking trails or tucked away in a dimly-lit speakeasy. Oh, yeah, and he hates the Oxford comma.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business Finance

Layoffs, hiring freezes and sales drops for tech giants like Meta, Lyft, Docusign, and Bed Bath & Beyond have all been announced this week.

Business News

(BUSINESS) Inflation is out of control, and one of the most obvious ways to feel the effects is when filling up your tank. Some...

Business News

(BUSINESS) Uber isn't new to in-app expansion, especially since its grocery and goods delivery service took off - now, Uber will let you choose...

Business News

(BUSINESS NEWS) The battle for Uber and Lyft drivers' status continues, and despite company protests, the official ruling has been upheld.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.