Harry here with our first bonus update of 2017. The new year has brought with it a few structural changes to Lyft’s new driver bonus program in some cities. Let’s take a look at what’s changed, and how you can get the best sign-on bonus available – whether you want to deliver food and packages on DoorDash, Postmates, and UberEATS – or deliver people with Uber and Lyft.
I always recommend that drivers sign up for at least a couple services since it only takes a few minutes, and when you try a new service, you may find it’s more profitable than your usual gig. It all depends on the time: the midday hours (11 a.m.-2 p.m.) are usually pretty slow on Uber and Lyft, but for drivers on DoorDash, Postmates, et al., lunchtime can be a cash cow. If you’re looking to get the most out of ridesharing, adding services to your repertoire can help maximize profits and minimize downtime. And if anything, it’s good to always have a back up plan in case the Uber app goes down. With that said – let’s look at those bonuses.
Uber Sign-up Bonuses
If you’re signing up to drive for Uber, you’ll want to be sure to read the fine print on any information they send you. In some cities, Uber has changed its sign-on incentive from a bonus to a “guarantee” – meaning that instead of receiving a cash bonus on top of your earnings, you’ll instead be guaranteed a certain payout after a certain number of rides. Then if your trip earnings end up less than the guarantee amount, Uber will pay you the difference.
Most of the guarantees we’ve seen have been pretty low – meaning that you’ll typically earn close to the entire guaranteed amount just by completing trips and won’t get much extra from Uber to sweeten the deal. However, not all cities have switched to the guaranteed earnings incentive. Some areas still offer cash bonuses after you’ve completed a certain number of rides.
No matter what incentive is available in your city, you can take advantage of it by clicking this link to begin your driver application – or by entering my referral code (3e3dg). The bonus you’ll receive is the same no matter whose referral code you use – it all depends on where you live – but you will need to enter someone’s referral code (or use their link) to be eligible for an incentive.
Retroactive Uber Bonuses
If you forgot to use my code when you signed up for Uber, you may still be eligible for a bonus. Uber typically accepts retroactive referral codes for up to two weeks after you’ve been accepted onto the platform. Contact Uber through the ‘Help’ section of the driver app by going to Account-> Help-> Payments and Rewards-> Driver Referrals -> Report a missing driver referral.
Or you can submit an inquiry through their website and let them know you signed up, but forgot to enter my referral code (3e3dg), and wanted to confirm the bonus. Send me a note, too – I’ll do everything I can to make sure we both get paid!
New Lyft Bonuses Underway
Lyft has switched up its bonus offerings for 2017. Typically, new Lyft drivers are eligible for bonuses up to $500 (amounts vary by city) – but to earn this bonus, a large number of rides must be given in the first month or so after signing up. Now in some cities, Lyft is offering this bonus on a per-ride basis – in other words, you’ll receive a few extra dollars for every ride you complete in your first month, up to a certain amount. This change means that some new drivers will earn their bonuses incrementally, instead of in an all-or-nothing structure.
I think this is a good move on Lyft’s part, as drivers who don’t complete 100 rides (or whatever their local requirement is) in their first month can still earn something extra for signing up. But bear in mind this change isn’t in many cities yet – and it’s definitely not retroactive – so if you’ve been working towards the usual all-or-nothing bonus from Lyft, don’t slack off just yet.
From what we’ve seen, total new driver bonuses from Lyft have been holding fairly steady. The cap on the per-ride bonuses seem to match up with the old all-or-nothing bonus amounts, which is definitely a welcome sight – Lyft has been known to offer some of the best bonuses in the industry. Lyft is also a great platform to get started with ridesharing, and equally great for supplementing earnings from Uber. To find out what’s going on with Lyft bonuses in your city, feel free to contact them and ask, or go ahead and sign up with my referral link to start earning that bonus right away.
Delivery Options Abound
Delivering food is a great way to diversify your income – and get a break from making small talk with passengers. Now is a great time to get into the business: ordering in becomes an overwhelmingly popular option during the cold winter months, so you’ll be sure to stay busy. And although most delivery outfits’ sign-on bonuses pale in comparison to those available from Lyft or Uber, they can still put some extra cash in your wallet.
If you’ve driven for Uber before, you’ve likely been invited to participate in UberEATS – Uber’s food delivery service. To deliver for UberEATS, you’ll need to complete a brief online training segment and pick up an insulated carrying bag from your local Uber HQ. If you’re an existing Uber driver, there’s no sign-up bonus for UberEATS, but you can still add it as an option to your profile.
If you’re brand new and looking to only do food delivery with Uber, you can get a sign up bonus for UberEATS using this link.
Another popular delivery company is DoorDash. With DoorDash, you’ll work in blocks – not on-demand like with Uber and Lyft. The good news is, you’re free to drop and reschedule blocks as needed. (For more on DoorDash, read about my experience here.) There are no sign-up bonuses for DoorDash using our link but you may be able to find one online – just make sure to verify the amount ahead of time with DoorDash.
With DoorDash, you can also cash out daily after you’ve hit the road. Previously, the service was only available to Uber drivers – but the company has expanded to accept DoorDash earnings as well. This is a cool integration because now you can work for multiple services in one day and still get a single payment at the end of the day.
If you’re still hungry for delivery options, check out Postmates. The service operates in a large number of US cities, and you’ll get to deliver more than just food – Postmates couriers also pick up from retail establishments. Postmates’ sign-on bonuses remain high – up to $200 in some cities. This is another great way to dip a toe into the delivery waters; if you’ve already delivered with DoorDash or UberEATS, Postmates will be a piece of cake. Go ahead and grab those bonuses by using this link to sign up for Postmates.
Which services are you signing up for this year, or do you recommend one service to definitely sign up for in 2017?
-Harry @ RSG