1.18.1 Safe to install
Lyft Direct: Seamless Payments for Drivers
Lyft Direct, powered by Payfare, offers an efficient payout solution for rideshare drivers, ensuring they have instant access to their earnings without the typical delays.
Introducing the Lyft Direct Debit Card for drivers, a seamless way to get paid instantly. We understand the importance of easy access to your earnings, which is why we've partnered with Payfare to securely deposit your earnings directly into an online bank account. With no transfer fees or service delays, your hard-earned cash goes straight into your wallet.
Earn cash back on your everyday expenses with the Lyft Direct card. Depending on your Lyft Rewards driver tier, you can receive up to 7% cash back on gas and public EV charging purchases. Platinum drivers enjoy a 7% cash back rate, while Gold drivers receive 3%. Silver drivers are eligible for 2% cash back, and all other cardholders receive 1%. In addition, you'll earn 1% cash back on groceries and a rotating bonus category. Plus, with Mastercard Easy Savings, you'll get 4% back on select dining and access to additional cash back deals. It's a great way to maximize your earning potential.
Enjoy the convenience of a no-fee account with the Lyft Direct debit card. There are no low-balance or maintenance fees to worry about. Additionally, you have access to over 20,000 no-fee ATMs across the country for easy cash withdrawals.
Start saving for your goals effortlessly with the Lyft Direct debit card. The card will automatically set aside a portion of your earnings so that you can work towards achieving your financial aspirations.
Please note that the Lyft Direct debit card is issued by Stride Bank, N.A., a member of FDIC. It is licensed by Mastercard International. Certain optional services such as out-of-network ATM withdrawals and foreign transactions may incur fees. For details regarding fees, terms and conditions, please refer to the Stride Bank Account Agreement, Payfare Program Terms, and E-SIGN Agreement. These documents are available within the Lyft Direct mobile app.
Keep in mind that the Lyft Rewards program, driver tiers, busy hours, and rewards are subject to change. Availability of certain perks may be dependent on supply or market conditions. To continue accessing associated rewards, it's important to maintain your driver tier requirements. Please review and adhere to the Lyft Rewards Terms and Conditions as well as the Lyft Terms of Service.
Overview
Lyft Direct Powered By Payfare is a Freeware software in the category Business developed by payfare Inc..
The latest version of Lyft Direct Powered By Payfare is 1.18.1, released on 07/03/2024. It was initially added to our database on 09/16/2023.
Lyft Direct Powered By Payfare runs on the following operating systems: Android/iOS.
Users of Lyft Direct Powered By Payfare gave it a rating of 5 out of 5 stars.
Pros
- Provides instant access to earnings for Lyft drivers
- Offers a convenient way to receive and manage funds
- Enables cash back rewards on everyday purchases
- Includes features like bill payments, instant access to earned income, and a Visa debit card
Cons
- May involve fees for certain transactions or services
- Not available for all Lyft drivers, requiring eligibility criteria to be met
- Possibility of technical issues with the app or service
FAQ
What is Lyft Direct?
Lyft Direct is a payment card and bank account designed specifically for Lyft drivers, powered by Payfare.
Who is the company behind Lyft Direct?
Lyft Direct is powered by Payfare Inc., a financial technology company that specializes in providing payment solutions for gig economy workers.
What are the main features of Lyft Direct?
Some main features of Lyft Direct include instant pay access, cashback rewards on purchases, no-fee banking services, and ATM withdrawals.
How can I sign up for Lyft Direct?
You can sign up for Lyft Direct through the Lyft Driver app by selecting the 'Direct by Payfare' option in the menu and following the registration process.
Is there a cost associated with using Lyft Direct?
There are no monthly fees or minimum balance requirements for using Lyft Direct. However, there may be fees for certain optional services or out-of-network ATM withdrawals.
Can I use Lyft Direct to receive my earnings from driving with Lyft?
Yes, Lyft Direct allows Lyft drivers to access their earnings instantly after completing a ride.
Are there any cashback rewards offered with Lyft Direct?
Yes, Lyft Direct offers cashback rewards on eligible purchases made with the card at select merchants.
Can I use Lyft Direct as a regular bank account?
Yes, you can use Lyft Direct as a primary bank account with features such as direct deposit, bill pay, and mobile check deposit.
Is my money safe with Lyft Direct?
Lyft Direct is FDIC-insured up to the maximum allowed by law, so your money is protected in case of bank failure.
How can I contact customer support for Lyft Direct?
You can contact customer support for Lyft Direct through the app or website, or by calling the support phone number provided on your card.
Pete Milner
I'm Pete, a software reviewer at UpdateStar with a passion for the ever-evolving world of technology. My background in engineering gives me a unique insight into the intricacies of software, allowing me to provide in-depth, knowledgeable reviews and analyses. Whether it's the newest software releases, tech innovations, or the latest trends, I'm here to break it all down for you. I work from UpdateStar’s Berlin main office.
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