Weekly Guarantees for New Drivers
New drivers in select cities are eligible for $1,200 weekly guarantees for their first 4 weeks. If they don’t hit the guarantee amount on their own, LYFT will cover the difference.
Eligible drivers must fulfill all of the following requirements:
- Be approved to drive with Lyft in an eligible weekly guarantee city during the promo, either by following the application link within an advertisement for Lyft weekly guarantees, or using a referral code for the weekly guarantee promo.
- Get approved as a Lyft driver within 30 days of their original application date.
- Give 60 rides, stay in drive mode for 50 hours, and maintain a 90% weekly acceptance rate in that week.
An easy way to think of it: By completing steps one and two, the driver is eligible for this guarantee in general. Step three is how they qualify for each week.
Completing Step 3
After fulfilling steps 1 and 2, the driver is eligible for a weekly guarantee for each of the first 4 weeks following their approval as a Lyft driver. The first week begins at 5 a.m. on the first Monday after approval. The driver can qualify for any or all of the designated weeks. For each week, the driver needs to fulfill these requirements:
- 60 completed rides. Lyft Line rides count as one ride, no matter how many pickups or drop-offs there are.
- 50 hours in driver mode. There is no ride per hour requirement — the driver can give three rides in one hour, and zero rides in the next hour, and both of those hours would count towards the promo. There’s also no peak hour requirement for this promo.
- 90% weekly acceptance rate. This is listed on Tuesday weekly summaries.
The required number of completed rides, hours in driver mode, and weeks of the guarantee is city-specific, and is specified in the emails that the eligible driver receives.
Calculating the Guaranteed Amount
At the end of each pay period (which runs from 5 a.m. Monday through 4:59 a.m. the following Monday), all eligible ride payments and tips are totaled. Eligible ride payments include:
- Pre-commission time and distance
- Prime Time
- Tips
Tolls, airport fees, and Trust & Safety fees aren’t included. If the total eligible ride payments and tips for that pay period exceed the guaranteed weekly amount, great! If not, we’ll bonus the driver the difference (after taking out Lyft’s commission). See the LYFT Help Center for an example.
Collecting the Guarantee
If the driver qualifies for some or all of the weekly guarantees, they’ll receive the difference between their ride payments and tips, and the guaranteed amount, in the next week’s direct deposit. The difference will be listed as a line item in the Tuesday Weekly Summary, and will not be included in daily summaries.
Additional Terms
Please note that the following terms apply, and are subject to change:
- Weekly guarantees are based on pre-commission ride payments and tips, and any resulting bonuses are subject to Lyft’s commission.
- Power Driver Bonuses do not apply to the Lyft commission that is taken out of weekly guarantee bonuses.
- Eligible drivers cannot also receive a new driver referral bonus — only one code can be applied upon applying to drive with Lyft.
- Lyft driver eligibility and approval is determined at the sole discretion of Lyft, and is not guaranteed.
- The duration of the application review process may vary.
- Participation in this promotion is subject to Lyft’s terms of service.
- This promotion runs for a limited time only and may be suspended or ended at any time in Lyft’s discretion. The amount of the guarantee varies by market and time of application and may be changed in Lyft’s discretion.
- Only select cities are participating in this promotion.
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