Chase has extended Lyft benefits through March 2025 on cards like Sapphire Preferred and Reserve, and you can earn up to 10x points

Depending on which Chase credit card you have, you could earn 5x or 10x points on Lyft rides — and even some no-annual-fee cards qualify.

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• Chase has extended the Lyft Accelerator perk on select rewards credit cards.
• Depending on which Chase credit card you have, you can earn up to 10 points per dollar with Lyft.
• This benefit has been extended until March 2025.
• Read Insider's guide to the best rewards credit cards.

In mid 2020, Chase announced special benefits and earning rates for cardholders with rideshare service Lyft.

Depending on which card you held, you could earn up to 10 Chase Ultimate Rewards points per dollar and one free year of Lyft Pink membership — which comes with extras like priority airport pickups and 15% off unlimited car rides.

Chase has since discontinued its Lyft Pink membership offer, but it has extended its bonus points earning for a handful of its best rewards credit cards.

Earn bonus points for Lyft through March 2025

Insider values Chase Ultimate Rewards points above nearly every rewards currency in existence. With an estimated average value of 1.8 cents apiece, you can fund a luxury vacation with a stash of Chase points that is relatively small compared to what you'd need from other travel rewards programs.

One easy way to accrue lots of Chase points has been through spending with Lyft. For years, Chase members holding select cards have been able to earn bonus points when using their eligible card for Lyft purchases. Chase has now extended this benefit through March 2025.

Read more: How to earn, redeem, and maximize Chase Ultimate Rewards points in 2022

Here's what you'll earn:

• Chase Sapphire Reserve® - 10 points per dollar
• Chase Sapphire Preferred® Card - 5 points per dollar
• Ink Business Preferred® Credit Card - 5 points per dollar
• Chase Freedom Flex℠ - 5% cash back (5 points per dollar)
• Chase Freedom Unlimited® - 5% cash back (5 points per dollar)
• Ink Business Cash® Credit Card - 5% cash back (5 points per dollar)
• Ink Business Unlimited® Credit Card - 5% cash back (5 points per dollar)
• Chase Freedom® Student credit card - 5% cash back (5 points per dollar)

The ability to get 10 points per dollar back equates to 18% back, per Insider's valuations. And earning 5 points per dollar gives you a 9% return.

You can only unlock the true potential of Chase Ultimate Rewards points if you've got an annual-fee incurring Ultimate Rewards-earning credit card, such as the Chase Sapphire Preferred® Card. This allows you to transfer your points to valuable airline and hotel partners such as Hyatt, United Airlines, British Airways, and more.

If you also hold any of the above no-annual-fee cards, such as the Chase Freedom Flex℠, you can pool your rewards with a Chase annual-fee card and unlock more redemption options, including points transfers.