Uber and Capital One Partner to Offer New Rewards for Savor and Quicksilver Cardholders
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Uber Technologies and Capital One have announced a partnership aimed at providing exclusive benefits to select cardholders in the U.S. From now on, holders of Savor, SavorOne, SavorOne Student, and Quicksilver Student credit cards will earn 10% cash back on Uber purchases and receive up to 24 months of complimentary Uber One membership. This membership offers various perks, including $0 delivery fees and savings on Uber Eats and rides. The partnership is set to enhance customer rewards and engagement, with benefits available until November 14, 2024.
Positive
- Cardholders can earn 10% cash back on Uber purchases.
- Up to 24 months of complimentary Uber One membership for Savor cardholders.
- Membership benefits include $0 Delivery Fee and savings on Uber Eats orders.
- Potential access to hundreds of thousands of participating merchants.
Negative
- None.
Details
News Market Reaction – COF
The recorded move for COF in the trading session of this news was -7.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN FRANCISCO, Nov. 15, 2022 /PRNewswire/ -- Today Uber Technologies, Inc. (NYSE: UBER) and Capital One (NYSE: COF) announced a new partnership to bring savings and benefits to select cardholders across the United States.
Starting today, Savor, SavorOne, SavorOne Student, and Quicksilver Student cardholders automatically earn
"Across Savor and Quicksilver cards, our new Uber partnership stands out by making it easy to earn unlimited, meaningful rewards, without confusing caps or restrictions," said Monica Weaver, Head of Branded Card Partnerships & Experiences at Capital One. "Our cards keep getting better, including our no-fee cards. Whether folks plan to go out or dine in, we're working with Uber to make the decision easier and more rewarding. "
Uber One membership unlocks
"We're proud to be working with Capital One to provide new, more valuable ways for cardmembers to go anywhere and get anything," says Coley Czarnecki, Director of Global Membership Marketing at Uber. "Uber One membership brings the best of Uber and Uber Eats to consumers across the U.S., whether that means saving on deliveries from hundreds of thousands of merchants across the country or booking a ride."
Since launching its first membership program in 2019, Uber members have grown to more than 10 million. Beyond savings, Uber One brings members-only upgrades including top-rated drivers on rides, premium support, and
About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company which, along with its subsidiaries, had
Visit the Capital One newsroom for more.
Contact: press@uber.com
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SOURCE Uber
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