If you are referring to the free $50 Lyft credit for new users, the answer will vary depending on what city you sign up to ride in. More often than not, we’ve seen users get $5 credit good towards their first ten rides.
This allows Lyft to retain these passengers, and also helps the passengers get a decent discount on rides. Most rides cost no more than $10, so if you’re saving half on each ride, you are still spending less than a taxi.
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