Uber is bringing shared ride options back to select US cities. Could you save money on public transit?

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By sharing an Uber ride, you can save up to 20% off the total price of the trip.

Key points

  • Uber eliminated its ride-sharing capabilities at the start of the COVID-19 pandemic.
  • Ride-sharing company again offers shared rides in nine cities across the United States

Many people rely on ridesharing services to get around while traveling and in their daily lives. But these services can be expensive. You may be using ride-sharing services less frequently to reduce your expenses.

Uber is bringing back shared rides, so some users will be able to save money on transportation costs. Find out if you can reduce your expenses.

Until recently, when you requested an Uber ride, you and the driver were the only person in the car. But this has not always been the case. The ride-sharing company offered Uber Pool, a ride-sharing service that was better for your wallet and, potentially, the planet.

With this service, users could share a ride with other passengers and pay a lower fare. But this shared transport service disappeared at the start of the pandemic. Now, shared ride options are available again in select cities and the service will operate under a new name.

Introducing UberX Sharing

On June 21, 2022, Uber announced that its ride-sharing service, UberX Share, was available in nine US cities. Passengers will receive an initial discount and can save up to 20% off the total fare price. With this service, passengers will arrive at their destination no later than 8 minutes after a non-shared UberX ride.

For now, UberX Share will be available in the following cities:

  • Chicago
  • Indianapolis
  • Los Angeles
  • New York City
  • Phoenix
  • Pittsburgh
  • Portland
  • San Diego
  • San Francisco

Uber plans to expand to other cities later this summer.

The company listened to feedback from drivers and passengers and made improvements to make the ridesharing service run more smoothly. Riders will now only be matched if they are heading in the same direction, which should reduce delays.

Could you save money on shipping costs?

If you use Uber, this shared transportation service could help you save money. Once UberX Share expands and becomes available in more regions, you may be able to pay less for your rides.

If you’re in no rush and don’t mind sharing a ride with a stranger, this could be a big win for your wallet. Moreover, you are guaranteed to participate in interesting conversations.

Other Ways to Save Money on Public Transit

You are not alone if you experience the negative financial impacts of high gas prices. Across the United States, gas prices are at an all-time high.

According to AAA, today’s national average for a gallon of regular gasoline is $4.96. Many Americans are looking for ways to save on shipping costs.

Here are some ways to reduce your public transit expenses:

Use public transport. While not all parts of the country have reliable and plentiful public transportation, some do. Evaluate public transit options and check availability in your area to see if this option is right for you.

Rework the way you shop. If possible, group nearby errands into the same trip. It could help you use your car less often and save gas.

Cycle or walk more. If you live in an area where it’s safe to walk or cycle, you might consider using means of transportation other than the car. You could keep more money in your pocket and exercise more.

Pay attention to the price at the pump. You may be able to save money by filling up at gas stations that offer lower prices. The savings may seem small, but they can add up over time.

Use rewards credit cards. With the right credit card, you could earn valuable rewards. Gas credit cards can help you reduce your expenses with gas discounts and cash back.

Are you looking for ways to improve your financial situation? These personal financial resources can be useful.

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