MCLEAN, Va., April 21, 2015 /PRNewswire/ -- Capital One
Financial Corporation (NYSE: COF) and Uber announced today a unique
new partnership that offers Capital One cardholders and Uber riders
simple new ways to save. This partnership brings together the
common focus that both companies have on creating products and
experiences that seamlessly deliver value and make people's lives
easier.
Starting today, Quicksilver cardholders will receive 20 percent
back as a statement credit on all Uber rides through April 2016 when they pay using their Quicksilver
or QuicksilverOne card. This couldn't get any easier – just use a
Quicksilver card within the Uber app for payment and get 20 percent
back as a statement credit, with no enrollment required.
Additionally, for a limited time, any eligible Capital One
cardholder who is new to Uber will receive their first two rides
free, up to $30 per
ride.
"Capital One remains focused on delivering value to our
customers through convenient and innovative digital solutions that
make their lives easier," said Todd
Kennedy, Senior Vice President, US Card, Capital One. "This
partnership is a great opportunity to further save our cardholders
time and money by helping make the Uber experience more
rewarding."
In keeping with Capital One and Uber's focus on simplicity and
convenience, the Quicksilver offer does not require any additional
sign-up or registration. Capital One Quicksilver cardholders will
get a 20 percent statement credit on all rides through April 2016, in addition to the unlimited 1.5
percent cash back they already earn on every purchase with
Quicksilver.
"We're thrilled to partner with Capital One, a company that
shares our vision of creating elegant, simple solutions to meet
important consumer needs," said David
Richter, Vice President, Strategic Initiatives, Uber.
"Together, we'll provide a meaningful combination of savings and
convenience to millions of customers."
This is the latest example of how Capital One is focused on
putting the customer first by simplifying everyday activities to
save time and money. From the Capital One Wallet to Credit
Tracker, making the customer experience easy and intuitive is
always a top priority. To learn more about how to save with Capital
One and Uber, visit www.capitalone.com/uber.
More About the Capital One/Uber Partnership
Offer
With the Quicksilver offer, cardholders get 20 percent back on
all Uber transactions through April 30,
2016. There is no need to sign up or register – just use a
Quicksilver card for Uber payment and get 20 percent back as a
statement credit. Even riders using the "split fare" option will
receive 20 percent back on their share if paid with a Quicksilver
card.
To take advantage of the "first two rides free" promotion,
customers who are new to Uber can set up an Uber account or access
their existing account, enter the code CAPITALONE by June 30, 2015, then pay with their eligible
Capital One card to claim their free rides (up to a $30 USD value per ride). Cardholders will then
have until April 30, 2016 to redeem
both free rides. This offer can only be used domestically and
is not available for corporate cardholders or private label
cardholders. This offer is also not applicable to UberTAXI
rides.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a
financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N. A., had $205.5
billion in deposits and $308.9
billion in total assets as of December 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, New
Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company,
Capital One trades on the New York Stock Exchange under the symbol
"COF" and is included in the S&P 100 index.
About Uber
Uber is a technology platform that is evolving the way the world
moves. By seamlessly connecting riders to drivers through our apps,
we make cities more accessible, opening up more possibilities for
riders and more business for drivers. From our founding in 2009 to
our launches in over 300 cities today, Uber's rapidly expanding
global presence continues to bring people and their cities
closer.
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SOURCE Capital One Financial Corporation