Uber and Visa (NYSE:V) have teamed up for a new rewards program that will make your rides more affordable.
The offering is called Local Offers and it allows Uber riders to get rewards when they spend money with their Visa cards. Each dollar you spend will net you a point, and 100 points will help you earn $10 off your next ride with the service.
Local Offers will initially launch in Los Angeles and San Francisco, and eventually be added to other cities in the U.S. The service will be rolled out in stages in a number of eateries around California.
Participating restaurants include Peet’s Coffee, Barcito, PizzaRev, Delarosa, Ike’s, Super Duper, The Pie Hole, Veggie Grill, Wurstkuche, Lucille’s Smokehouse Bar-B-Que and Uno Dos Tacos so make sure you eat in one of these locations and pay with your Visa if you want a free Uber ride.
“We’ve built Local Offers right into the Uber app, making it a one stop shop for riders to see our curated list of places and track progress toward free rides,” the company wrote on its website.
Additionally, you do not require any codes or coupons to use this promotion as simply swiping your Visa at one of these locations will net you points in the app.
Uber is also accepting suggestions for which restaurants should include the offer.
V stock is up 0.4% Tuesday.
