so it's just another random visa card without any special discount (cashback) on uber rides? Is there any point to this?
You can also use the points for Uber credits.
It sounds like 4% is only if you redeem points for Uber credits.
The fine print sounds like cash back redemptions are at a flat 1%:
> Points can be redeemed for Uber credits directly in the Uber app. Points can also be redeemed for cash back or gift cards. All redemptions are at a 1% value.
I'll wait for the Lyft one though.
The page is misleading — those percentages aren't cash back values, they're for if you redeem as Uber credits; only 1% if you redeem as cash back.
For any online purchases, I suppose that's less of an issue.