Unlimited 4% back on dining and 3% on airfare and hotel are really good. 2% cash back on online purchases matches the best straight up cash back program i know (double cash which is 2% back on everything). The 1% matches most other programs for generic purchases.
I might actually get this as a second card (currently just have chase freedom).
Not sure what "All redemptions are at a 1% value." means though.
1% back if you redeem for cash. 4/3/2/1% only if you redeem for Uber credits. The page feels misleading about that.
The Uber card page doesn't state anywhere that the 4/3/2/1 reward percentages are cash back. In any case, it's something ambiguous for Uber to clarify. I'm hoping my assumption here is incorrect.
Edit: I dug into the terms on Barclaycard's site and you do get the same full percentages for cash back with the caveat that you can only redeem reward balances of $25+ for cash (vs $5+ for Uber credits). See the section "Cash Back Redemptions".
https://www.barclaycardus.com/apply/action/tncContent?prodid....
Those percentages are only for Uber credit redemption. The fine print says it's a flat 1% for cash back redemption.