The majority of 9-5 workers get paid twice a month — up to two weeks after doing the work. Contract workers often wait months to get reimbursed. On top of that, Americans pay an average of $163/year in bank fees*, often accumulating overdraft fees because they can’t go without the necessities while they wait for a paycheck. We’ve heard from drivers that even waiting 20 minutes for your Lyft earnings can be a burden, especially when you have to pay a fee to transfer your cash.
Today, we’re taking the first step to change all that. The Lyft Direct debit card and bank account lets drivers get paid instantly after every ride. So no matter how often you drive, if you need money fast, all you have to do is turn on your Lyft app. Your earnings will go straight to a secure, online bank account, powered by Payfare. Just your earnings right in your wallet — no transfer fees, no waiting periods.
We designed every feature of the Lyft Direct debit card to make the work of driving work better for you, like cash back deals on gas and no maintenance fees. Because driving should give you more economic security, not constraints.
Earn cash back
2% back on gas, 1% on groceries, 4% on select dining, and additional cash back deals with MastercardⓇ Easy Savings, so you can keep more of what you earn.**
You won’t pay any low-balance or maintenance fees, and you’ll get access to over 20,000 no-fee ATMs across the country.
Save to reach your goals
Automatically put a little aside to reach your goals.
To ensure that your earnings are safe and secure, Lyft Direct is powered by Payfare and issued by Stride bank. All deposits to your account are FDIC insured, up to $250,000.
The Lyft Direct Mastercard® Debit Card is issued by Stride Bank, N.A. Member FDIC, pursuant to a license from Mastercard International.
*Source: Feb. 2019 MoneyRates.com Checking Account Fee Survey (https://www.money-rates.com/research-center/bank-fees/)
**Subject to change. Terms and conditions apply. See terms ›
Questions? We’ve got answers.
How do I apply?
Go to Payout settings in your Lyft Driver app to apply today.
How do I get paid after every ride?
Set your Lyft Direct debit card as your default payout account in Payout settings in your Lyft Driver app. If you’re an Express Drive renter, instant payouts will start once you’ve covered the cost of your weekly rental fee.
How do I earn cash back?
You’ll automatically earn cash back when you use your card at qualified retailers. You can expect to see cash back rewards in your account up to a few business days after purchase.
What is Payfare?
The Lyft Direct app, your secure online bank account issued by Stride Bank, and all customer service for your debit card are powered by Payfare, Lyft’s bank program partner.
Where can I learn more about how the program works?
Learn more about the Lyft Direct debit card ›
What are the terms and conditions?
The Lyft Direct debit card is subject to the Stride Bank Account Agreement, Payfare Program Terms, and E-SIGN Agreement.