HUGE Sign-on Bonus: Lyft Driver Promo Code
Whether you’re a college student needing money for books or a full time employee with extra money on your mind, claiming a Lyft sign-up bonus is a great way to earn some quick cash.
As part of their current ongoing promotions to recruit new drivers, Lyft is giving away crazy bonuses that are too big to miss.
Weekly guarantees in some cities are as high as $2,500 (read more about that here), so believe us when we say this company isn’t messing around.
In this post, we’ll show you everything you need to know about sign up bonuses, reveal how to make more with driver guarantees, and walk you through a tutorial about how to claim the promotions.
But before we get started, make sure you have the most important part of your bonus: a Lyft driver promo code.
If you’re looking to make extra money working your own hours, then sign up to drive using one of the Lyft driver promo codes from below to receive a cash bonus worth thousands.
2018 Lyft Driver Promo Codes
Please note: bonus amounts vary by city and are subject to Lyft’s official terms and conditions.
Now that’s out of the way, let’s dive right in.
- Claim Your Bonus
- The Lyft Driver Promo Code
- The 2 Types Of Promotions
- How Much Are Bonuses Worth?
- How To Apply To Drive [Tutorial]
- Commonly Asked Questions
The Lyft new driver sign up bonus can range from $10 to $2,500, depending on the city you drive in. The bonuses change often depending on the level of driver supply in a region, so make sure to claim yours now before the amount drops.
When entering a new driver referral code, there are a few important terms to note:
- The Lyft promo code must be entered during the first step of the application process
- If you don’t enter a code, you will not be eligible to claim the sign-on bonus
- New drivers will need to fulfill some basic requirements. These include:
- Giving a certain amount of rides (varies by city)
- Giving those rides within a certain timeframe (varies by city)
If you have questions at any point during the application process, feel free to email us or get in touch with Lyft directly.
If you’ve paid attention to Lyft driver promotions, you’ll notice that all bonuses are not alike. In fact, depending on which city you sign up to drive in, bonuses can vary by amount, or type alltogether.
Bonuses are split into two types:
- Drip promotions
- Weekly Guarantees
There are notable differences between the two types of driver promotions, and understanding how each works is critical to your success of the highest payout.
1. Drip Promotions
The most common type of bonus that a Lyft driver referral code unlocks is what’s called a drip promotion.
Drip promotions pay out a cash bonus for every ride you give during a set time frame. Instead of having to complete an incredibly high amount of rides, drivers can earn extra money regardless, allowing them to be as ambitious as they want.
For example, Chicago drivers have recently been offered the chance to claim an extra $1.50 for every ride they give in their first 28 days, up to $300.
If a driver gives 200 rides within the 28 days of signing up for the drip promotion, they’ll earn the full $300. If they only give 50 rides though, they’ll still earn an extra $75 without having to lose the bonus.
This is a vast improvement over previous Lyft sign up bonuses. In the past, bonuses were either win or lose, meaning you’d be required to give a certain number of rides within a timeframe. If you didn’t hit that number of rides, you’d lose the entire bonus, even if you were short by just one ride.
And these promotions pay out incredibly well too. As of this writing, here’s some of the best paying cities for signup bonuses:
- Pittsburgh: $800
- San Francisco: $750
- Indianapolis: $650
- Sacramento: $650
- San Jose: $650
Other high paying cities include Denver, New York City, Atlanta, Phoenix Orange County, and Washington D.C.
For a full list of bonus amounts by city, check out our chart a little further down the page.
2. Lyft Guarantee Promotions
In certain cities, Lyft is testing what they are calling Earnings Guarantee promotions that pay drivers a set amount of money for completing a simple ride requirement. Instead of paying drivers a cash bonus for each ride they give, they will guarantee a driver will make a certain amount, and if they don’t, Lyft will pay the difference.
Drivers wanting to cash in on this type will need to drive during Lyft guaranteed hours, which usually fall within times of high demand. Examples:
5 AM Monday – 4:59 AM Friday
5 AM Friday – 4:59 AM Monday
5 AM Monday – 4:59 AM the next Monday
Weekly guarantees are a great way to earn a lump sum of money in a set amount of time. From what I can tell, they’re geared more towards drivers who do rideshare full time, as the ride requirements are typically pretty high. But regardless, if you have one in your city, you might as well go for it.
*Note on bonuses
We’ve noticed that some other rideshare websites out there will indicate that you can differentiate between these two by using a different signup link. However, this is incredibly misleading and don’t be fooled.
The bonus offered in your city is the one you’re eligible for, and there is no way to choose between one or the other, no matter whose link you signed up through.
The referral bonus amount for new Lyft drivers fluctuates based on which city you sign up in. It ranges from a measly $10 to a whopping $2,500 in certain cities. But first, a note on the $2,500 Lyft promotion that I’m sure you’ve heard about by now.
By now you’ve probably come across the Lyft $2,500 bonus and wondered how you can claim it.
Unfortunately, this is a blanket bonus for certain cities carefully selected, and not something you can sign up for. If your lucky city is offering it, jump right in and claim it now. Otherwise, you’ll be stuck with the amount that is currently being offered in your city.
$2,500 Lyft bonuses are offered as weekly guarantees, which comes out to $625 per week. If you sign up for this bonus, you’ll be guaranteed to make at least $625 per week. If you don’t, Lyft will pay you the difference out of their own pocket.
While this might sound crazy and too good to be true, we assure you it’s very much real. However, it’s not easy to attain.
Drivers looking to cash in and claim $2,500 need to accept 90% of the rides available to them, and driver at least 30 hours per week for no less than 65 rides. If you drive full time, you’re in luck. If you’re part time though, you’ll need to step up your game.
The chart below is a breakdown of what types of bonuses you can expect. We pulled this chart on October 18, 2018, and it may change at any time, by city, depending on demand.
|City||Promotion Type||Bonus Amount||Rides||Days|
|San Diego||Weekly Guarantee|
Disclaimer: We try to keep up, but the Lyft new driver bonus amounts change almost daily, so we recommend applying to drive, or reaching out to Lyft Support for the exact bonus amount for your city.
The Lyft driver application process is very easy. All information gets auto-saved as you go along the steps. So if you need a break, you can take one without worrying about starting the application all over again. Visit the link below, or simply click the image to go to the application page.
Step 1 – Fill out the official Lyft driver application
Visit the Lyft driver application page and enter your phone number, agree to Lyft’s Terms of Service, then click Submit.
Make sure to apply through a Lyft referral link at this step or you won’t receive the sign-on bonus. (When you click our link the code should populate automatically).
Step 2 – Enter Additional Information
You’ll now enter basic information including your first and last name, email address, city you want to drive in, and if you haven’t already, the Promo/Referral Code.
Please note – this says “optional” but if you’re looking to get the bonus,
Step 3 – Verify Your Phone Number
Lyft will send you an SMS text message with a 4 digit code for verification, which you’ll enter into the box shown. This ensures that you actually own the phone number.
The number you sign up with is the one that will be tied to your Lyft account. It’s what you’ll log into your dashboard with, and the number that the Lyft driver app will route the call to when passengers need to contact you. So make sure to sign up using a phone number you have access to instead of a number that could go away, such as a work phone.
Also, check the box that says “Stay Signed In”, otherwise if you hit the back button on your browser, you’ll have to go through the verification process all over again.
Step 4 – Provide Vehicle Information
Select one of the two options available: Use your own vehicle or Rent a vehicle.
If you’re using your own vehicle to drive for Lyft, enter the year, make, model, number of doors, and number of seatbelts for the vehicle you’d like to sign up with. Once entered, select Continue.
If you don’t have a car to drive with, Lyft lets you rent one from their Express Drive program. This program allows drivers to rent vehicles at a low weekly rate. Instead of purchasing a car for Lyft driving, you can rent a car for a week or two and see if you like it.
Express Drive rentals include:
- Insurance and standard maintenance
- Unlimited miles – drive the vehicle for both rideshare and personal trips
- No long-term contracts or red tape
Additionally, Express Drive offers “Rental Rewards”, which are additional bonuses that help offset the rental cost. For example, Chicago drivers have seen an additional $195 per week when they give 130 rides, with 50 of those rides during peak hours.
Step 5 – Provide Driver Information
Fill out your profile with personal information such as full legal name, social security number, date of birth, driver’s license number, state, expiration date, and shipping address.
The shipping address is where the company will send your car emblem and other driver essentials that you’ll use when picking up passengers.
Step 6 – Authorize background and DMV Check
Give your consent to a background and DMV check. Lyft will review your criminal and motor record. This process takes about a week to clear: if you don’t hear back right away, don’t worry. Lyft will notify you about the outcome of the check.
Step 7 – Get your vehicle inspected
Schedule a date and time for a 19 point vehicle inspection by a certified mechanic to ensure that you meet all the vehicle requirements. Of the available options, choose a location most convenient for you.
Before having your vehicle inspected, we suggest watching the video below to get familiar with the vehicle requirements and inspection process, so you know what to inspect once you do take your car in.
Speaking from experience, it’s worth knowing, so you can avoid taking your car in more than once.
Step 8 – Get approved and drive
After you get your vehicle inspected, you just have to clear your background check. If approved, Lyft will send you an email to let you know you can hit the road and start giving rides.
What are Lyft’s requirements?
The requirements for new Lyft drivers vary by city, but most have a set of standard requirements that all drivers must meet.
First, new applicants must meet the driver requirements.
- Age Requirements
- Driving Record Check
- Background Check
- Document Requirements
- Device Requirements
- State and Local Requirements
Next, they must pass an extensive background check, clearing them to pick up and transport passengers around their city.
The background check will look for previous felonies, violent crimes, sexual offences, and more. For a full list of red flags included in the background check, view our comprehensive post on the topic.
Another step that every driver must pass includes a detailed vehicle inspection by a certified mechanic. After all, nobody wants to be riding in an unsafe vehicle that’s barely roadworthy.
Lyft will email you a full list of requirements applicable to your coverage area once you apply.
While you’re at it, check out Uber too!
Driving for Lyft is awesome, and the demand is really steady most of the time. However, sometimes it gets a little slow and you feel like you are wasting time. Make the most out of your time spend driving by signing up to drive for both Lyft AND Uber.
When ridesharing first came to my city, I signed up for both and am incredibly glad I did. Many drivers get frustrated when times get slow, but not me! I can’t recall a single weekend that I haven’t been swamped with ride requests and walked away with at least a couple hundred dollars in my pocket.
If you’re looking to make more money in this business, then sign up to become an Uber driver as well, and increase your chances of making even more money through additional ride pickups!
Uber bonuses range anywhere from $100 to $500, depending on which city you are applying to.
See our post about how to sign up to drive for Uber to learn more.
Thoughts from a Lyft driver
Lyft Driver Review (and some random advice)
Below you will find an unbiased review from me, an actual Lyft driver.
Lyft fare includes the base fare, cost per mile, cost per minute plus Prime Time (if applicable). Other fees that may be added include cancellation fees, service fees, pickup/dropoff Airport fees, venue fees, tolls, and taxes. The driver gets 80% of the fare after fees, and Lyft takes a 20% commission.
Many passengers tip drivers, which usually adds another $20 or $30 of extra income per week.
Lyft lets drivers in some cities make a guaranteed amount per week, granted they meet a few requirements, like maintaining a 90% weekly acceptance rate, completing a required number of rides, and completing a certain number of hours in driver mode.
At the end of a pay period, Lyft will look at your eligible ride payments which includes time and distance fares (after Lyft takes its commission) and Prime Time. If the total does not meet the guaranteed minimum, Lyft covers the difference.
Prime Time kicks in during times of heavy demand and it lets drivers earn an extra on top of the usual base fare. Prime Time earnings can increase the ride fare anywhere from 25% to 200%.
This is what Prime Time looks like to a driver in Driver Mode
Prime Time usually activates during major holidays, or later in the night, during busy hours like when the bars close. As of March 2016, Lyft has removed the cap on Prime Time, allowing new drivers to earn more than ever before.
Power Driver Bonuses
Power Driver Bonuses are based on the number of hours that a driver has driven in a week, and are added to the pay statement at the end of the week. Since Lyft takes a 20% cut of a driver’s ride fares, the Power Driver Bonuses can help offset this loss.
How it works is simple. If a driver maintains a 90% acceptance rate and meets the predetermined ride requirements shown in the driver dashboard, the driver is eligible for the bonus.
Drivers get to keep 100% of the tips. From what I have found, landing tips is easy. Just be kind and courteous. Know the route and drive safely and confidently. Engage with the passengers if they seem open to a conversation. But DON’T infer that you want a tip. If you do, you likely won’t get one. It might also affect your rating. I usually tip fellow drivers $5-$10, just because I know it will make their night. But if the driver outrightly suggests I give them one, I tip nothing. I don’t like tipping out of obligation, and most other passengers take the same stance.
The biggest benefit of driving for Lyft is convenience. I can literally go into driver mode whenever I want, and drive how many hours as I can. As long as you give one ride every 30 days, your account will stay active.
I only drive when my friends aren’t doing anything on the weekends, or if I need some extra money due to an unforeseen expense. Sometimes on Fridays I get off work at 5pm, hop into driver mode for a few hours, and then go out with my friends afterwards. I usually make about $50-60, which gives me some spending money for the bars. The best part is I have complete control over how much I work.
Demand for rides vary from city to city, but its the highest during nights. The more I drive, the more patterns I begin to notice about how the city moves. On Fridays, 5-6pm is when everybody needs a ride home from work. At 7 pm there is the first rush of people getting to the bars and going out on the town, and then the demand simmers down from 8-9 pm but picks up for the second time at around 10 pm when some people start going home. Demand is fairly consistent throughout the night until bar closings, when there is a sudden rush in demand. Prime Time kicks in which increases the earnings.
The night before big holidays such as Thanksgiving and New Year’s Eve is another great time to drive.
Note that zones like San Francisco, Boston, Chicago, Los Angeles, Seattle, San Diego, New York, Washington, Philadelphia, Dallas, and Phoenix will have more demand due to higher population density.
Pro Tip: Check out SherpaShare to make the most out of your time driving. I use SherpaShare to increase my earnings and help me find out if a spot is hot or not. It also allows me to track mileage, fuel usage, and driving expenses so that when I fill out my taxes based on my Lyft earnings I pretty much know exactly what I spent and how much I made.
Check it out, it is free and totally worth having!
I have only had a few problems in my entire time Lyft driving, and customer support has been amazing. Lyft has a team of very helpful representatives who usually respond to open tickets within a day.
I signed up to drive for Lyft without using a promo code. What should I do?
Unfortunately, there is no way for Lyft to grant existing drivers retroactive credit after they sign up.
Can Lyft drivers drive in other cities?
Lyft drivers can only have one driving region listed on their profiles, but they can drive in other cities within their state. Because Lyft requires insurance and vehicle documents to match the state in which you drive, you cannot cross state lines and drive.
Can Lyft drivers see how much passengers tip?
Lyft drivers cannot see how much a passenger tips until the next day when the Daily Driver Statement gets emailed to them. Lyft does this to protect passengers from getting rated poorly if they don’t tip.
Can Lyft drivers pick up passengers at the airport?
Lyft has partnered with many airports to help the passengers move to and from terminals. Click here to see which airports in your city allow Lyft pickups and drop-offs.
Can Lyft drivers accept cash?
Lyft drivers can accept cash as tips.
Are Lyft drivers safe?
Lyft drivers are typically safe. In addition to being backed by a $1,000,000 insurance policy, Lyft covers their drivers with liability insurance, contingent and collision insurance, as well as uninsured/underinsured motorist insurance. Read more about Lyft safety on their official site.
How do Lyft drivers make money?
Lyft drivers make money through ride fares and select referral bonuses. Lyft takes 20% of each Lyft ride fare, and the Lyft driver keeps the rest for themselves. In addition, drivers are incentivized to invite their friends to ride and drive with Lyft.
Do Lyft drivers make good money?
It also depends on where you are driving, and what the demand is like. Sometimes it is slow and you barely make anything, but other times you can make hundreds in a night. For every slow night you drive, there will be five insanely busy nights when you make a killing.
Lyft used to ship phone mounts to every driver. What type of mount was this?
Do rideshare drivers make more money driving for Uber or Lyft?
The answer to this question depends greatly on who you talk to and where you drive. Check out our comparison of Uber and Lyft driver earnings for a thorough answer.