Ride pricing and charges (2024)

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  1. Upfront pricing

    1. Fare estimates

    2. Included fees

  2. ‘Pending’ charge

  3. Payment frequency

    1. How it works

    2. Opting out

  4. Resolving charge issues

    1. Finding ride charges on your bank statement

    2. Charged for a ride I canceled

    3. Charged for a ride driver the canceled

    4. Shared payment methods

    5. Dispute unfamiliar ride charge

Upfront pricing

When you request a ride the Lyft app will show the ride’s upfront price. This price may vary depending on:

  1. Ride type.

  2. Time.

  3. Traffic.

  4. Driver availability.

The final price of a ride could differ from the upfront price because there was a:

  1. 10 second or more delay before requesting a ride.

  2. Destination added after requesting a ride.

  3. Longer than estimated trip.

  4. Tip added.

Lyft fare is based on ride route and ride type, as well as ride availability and demand. When many passengers in your area request a ride at the same time, ride prices will likely be higher than normal. You can expect higher demand during commute hours, big events in town, and when bad weather hits.

Fare estimates

Lyft shows you fare estimates before you request a ride, so you know what to expect. To calculate the cost of your next Lyft ride, enter your pickup and drop-off location into the app before requesting a ride.

Fare estimates don't reflect any discounts, traffic delays, or factors like adding a stop or changing your destination. Any changes to your ride will cause your final ride price to be different from your fare estimate.

Included fees

The following fees are included in your upfront price:

  1. Lyft fare: Based on ride route, ride type, ride availability, and demand.

  2. Tolls: Covers any tolls your ride passes through.

  3. Service fee: Flat amount based on the region.

  4. Third-party fees: Includes any local fees like rideshare taxes, surcharges, and airport fees.

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'Pending' charge

A Lyft transaction marked as ‘pending’ isn't a charge. ‘Pending’ transactions are temporary authorizations from the Lyft app to make sure your payment method works.

Once your bank provider processes the transaction, the temporary authorization will either disappear completely or appear as a refund within 5-7 business days.

You may see a pending transaction on your payment method when you:

  1. Create a Lyft account.

  2. Request a ride.

  3. Update your payment method.

  4. Change your destination.

  5. Add a stop on your route.

  6. Rent a Lyft Bike or Scooter.

The temporary authorization amount depends on the ride cost, region, and selected ride type. Once your payment method is successfully charged, Lyft immediately releases the temporary authorization.

However, your bank may take 5–7 business days to release temporary authorizations on your account.

If the temporary authorization causes your account to overdraft, you’ll need to contact your bank or financial institution for next steps.

Learn more about temporary authorizations.

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Payment frequency

If your payment frequency is set to daily,you’ll pay once for all your rides that day. This simplifies your charges while giving you the same cost breakdown for each ride.

For example, if you take a ride to work for $25, then back to your house for $15, you’ll be billed one time for $40. You’ll still see the cost breakdown for each ride in your receipt.

See all final ride charges (individual or combined) in the ‘Ride history’ tab of the app.

How it works

You now have the option to receive either:

  1. One final charge for multiple rides taken in a day.

  2. Individual charges after each ride.

If you choose to receive one charge, you’ll see a breakdown of the fare after the ride. You’ll also see a reminder that the ride charge will be combined in your daily payment. We'll send you individual ride receipts and an itemized daily receipt for all rides.

This feature isn’t available for business accounts or rides paid with PayPal, Venmo, or online banking.

Ride pricing and charges (1)

Opting out

You can change your payment frequency at any time.

To change your payment frequency:

  1. Open the Lyft app’s main menu, then tap ‘Payment.’

  2. Tap ‘Payment frequency.’

  3. Choose your preferred payment frequency.

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Resolving charge issues

If you see multiple charges, overcharges, or unrecognized charges, follow the instructions below to resolve.

Note: A backup payment method may be charged if your default payment method fails.

Finding ride charges on your bank statement

The description of a final charge on your bank statement includes the number of rides taken and the charge date. The transaction will look like this: Lyft *3 rides 3/16 lyft.com/charges

A Lyft transaction marked as ‘pending’ isn't a charge. ‘Pending’ transactions are temporary authorizations from the Lyft app to make sure your payment method works.

Once your bank provider processes the transaction, the temporary authorization will either disappear completely or appear as a refund within 5-7 business days.

You may see a pending transaction on your payment method when you:

  1. Create a Lyft account.

  2. Request a ride.

  3. Update your payment method.

  4. Change your destination.

  5. Add a stop on your route.

  6. Rent a Lyft Bike or Scooter.

The temporary authorization amount depends on the ride cost, region, and selected ride type. Once your payment method is successfully charged, Lyft immediately releases the temporary authorization.

However, your bank may take 5–7 business days to release temporary authorizations on your account.

If the temporary authorization causes your account to overdraft, you’ll need to contact your bank or financial institution for next steps.

You can see all final ride charges (individual or combined) in the ‘Ride history’ tab of the app.

Charged for a ride I canceled

You may be charged a cancellation fee if you cancel:

  1. More than 30 seconds after the driver accepts your ride.

  2. After your driver arrives.

  3. 3 or more rides in a 15-minute timeframe.

These fees go towards compensating your driver for their time and gas, and may vary based on how busy it is.

Note: You can cancel a ride within the first 5 minutes after pickup if someone else took your ride or if there’s another critical issue.

If you request a ride for someone else, you’ll be charged any cancel or no-show fees for that ride.

For Lyft Scheduled rides, we may charge a cancellation fee if:

  1. You cancel the ride within 1 hour of pick-up time, and a driver has been matched.

  2. The driver is on their way to pick you up.

  3. The driver is scheduled to arrive within the designated pickup window.

Charged for a ride the driver canceled

You may be charged a no-show fee if your driver:

  1. Arrived to pick you up.

  2. Waited the allotted time or longer.

  3. Attempted to contact you, or you contacted your driver.

These fees go towards compensating your driver for their time and gas, and may vary based on how busy it is.

Shared payment methods

If your payment method is on a family account or was added to a friend’s Lyft account, following up with friends or family is the only way to resolve the issue.

Dispute unfamiliar ride charges

You can dispute the charge directly in your app, and it will be reviewed automatically.

To dispute a charge:

  1. Open the Lyft app’s main menu.

  2. Tap the ‘Ride history.’

  3. Tap the ride that you need help with.

  4. Tap ‘Get help’ at the bottom of the screen.

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See also:

  1. Pending charges

  2. How to estimate the cost of a Lyft ride

  3. How to add or update payment info

  4. Promotions, ride discounts, and Lyft credit

  5. Cancel and no-show policy for riders

Ride pricing and charges (2024)

FAQs

How much does Lyft cost per mile in NJ? ›

New Jersey Ride Costs
Lyft
Cost per mile$1.09
Cost per minute$0.19
Maximum fare$400.00
Minimum fare$4.69
7 more rows

What percentage does Lyft take from drivers? ›

After receiving feedback from drivers, Lyft set the 70% earnings minimum. After external fees are deducted from passenger payments, the driver's share is at least 70% each week. Note: Drivers will always receive 100% of tips, adjustments, benefits, and tolls, as they aren't subject to external fees or Lyft's fee.

How much per mile is Lyft? ›

Subregion Ride Costs
Lyft
Base fare$1.00
Cancel Penalty‡Varies
Cost per mile$1.21
Cost per minute$0.15
4 more rows

Why are Lyft prices so high today? ›

Lyft fare is based on ride route and ride type, as well as ride availability and demand. When many passengers in your area request a ride at the same time, ride prices will likely be higher than normal. You can expect higher demand during commute hours, big events in town, and when bad weather hits.

What is cheaper, an Uber or a Lyft? ›

There are some key differences between Uber and Lyft. Research shows Uber can be less expensive than Lyft in most of the country. Uber has better pricing in 33 states while Lyft is more affordable in western and northeastern states, particularly New York.

What is the maximum distance for Lyft? ›

You can take a Lyft outside of the coverage area as long as the ride doesn't exceed a distance 100 miles total. Lyft does not support crossing international borders.

How much do Lyft drivers make without tips? ›

Also according to ZipRecruiter, the average Lyft driver salary is $16 per hour. According to Salary.com, the salary per year for the company is around $38,303, but ranges between $32,203 and $47,303.

Who pays better, Uber or Lyft? ›

Terms may apply to offers listed on this page. On average, Uber paid its drivers more per hour than Lyft in 2022, according to Gridwise. Uber drivers had gross earnings of $21.14 per hour in 2022, while Lyft drivers were grossing $19.90. Uber offers its top-tier drivers more competitive perks than Lyft.

Can my husband ride with me while I drive for Lyft? ›

You're only approved to give rides in the vehicle(s) on your profile. If you want to switch vehicles, make sure the photo on your app matches the new vehicle before giving rides. See instructions for switching your vehicle. Don't bring your friends or family along.

What time is Lyft cheapest? ›

Zimmer said requests for Lyft typically wane between 11 a.m. and 3 p.m., picking up around 5 p.m. During periods when drivers outnumber passengers requesting rides, fares will drop between 10% and 50%.

Does Lyft go by miles or time? ›

How Much Does a Lyft Ride Cost? Depends on where you're headed and when. There is a base charge and a cost per mile and per minute, with extra added on when your pickup point is in Prime Time, which happens during higher-than-normal demand to encourage drivers to get on the road.

How much of the Lyft fare goes to a driver? ›

We work hard to make sure they can continue to drive when and where they want and can earn good money using the Lyft platform, even after their expenses. Our 70% earnings commitment (after external fees) guarantees that each week drivers get good value for what we provide.

Which is safer, Uber or Lyft? ›

Both Uber and Lyft have similar fatality rates which are better than the population as a whole. They also have similar passenger safety policies and app features.

Does Lyft charge you right away? ›

The temporary authorization amount depends on the ride cost, region, and selected ride type. Once your payment method is successfully charged, Lyft immediately releases the temporary authorization. However, your bank may take 5–7 business days to release temporary authorizations on your account.

Does Lyft pay by distance or time? ›

Transparent earnings on every ride

The biggest part of your total earnings typically comes from the fare you earn for each ride. The fare is based on characteristics of the ride, such as: Estimated time and distance to complete the ride. Distance to the pickup.

Does Lyft provide mileage? ›

Every time you turn off the vehicle, the tracker will display updated mileage for every 5 miles driven. Swipe up on the app's main screen when you're not in Driver Mode to view how many personal miles you've used.

How much does Lyft pay compared to Uber? ›

On average, Uber paid its drivers about 6.2% more per hour than Lyft in 2022: $21.14 versus Lyft's $19.90, according to the ride-hailing business site Gridwise.

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