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.
``` The Uber Visa Card is issued by Barclays pursuant to a license by Visa USA Incorporated. Visa is a registered trademark of Visa USA Incorporated. ```