I received this by email yesterday. There’s also a FAQ
We’re making some changes
We wanted to let you know changes are coming to the rewards and benefits of your Uber Visa Card beginning in your February 2020 billing period. Your Uber Visa Card will now be called the Uber Credit Card and there will be changes to how you earn and redeem rewards.
What you’ll earn on your purchases under the new rewards program:
5% back in Uber Cash on all your Uber and JUMP rides and your favorite meals through Uber Eats
3% back in Uber Cash on hotels, airfare, takeout, restaurants and bars
1% back in Uber Cash on all other purchases
Here is what’s different:
• You will earn more on Uber purchases
• Your travel earn will remain the same
• Dining and online purchases will be reduced
• The subscription benefit is being removed+
+Until your next account anniversary date, you will continue to receive a $50 statement credit for online subscription services after you spend $5,000 or more on your card. After your next account anniversary date, this benefit will no longer be available.
Redemption updates
When you earn rewards with your Uber Credit Card, starting with your billing period in February 2020, they’ll come in the form of Uber Cash. You can redeem for Uber rides, Uber Eats, or rides with JUMP bikes and scooters. Uber Cash never expires.
Up until 24 hours before your product changes, you can continue to redeem your points for gift cards or statement credits as well as Uber Cash. When your product changes, any unredeemed points will be converted to Uber Cash.
Other changes you should know about
A valuable new cardmember benefit, Roadside Dispatch, will be added to your account effective November 1, 2019. This benefit is a pay-per-use roadside assistance program that provides you with added security and convenience wherever your travels take you.
If you have already set up your total monthly wireless bill to be charged to your Uber Credit Card, you may continue using your cell phone protection benefit without interruption. As of November 1, 2019, there will be changes to the insurance provider and to the maximum coverage levels and deductible amounts.
The following Visa benefits will no longer be available after November 1, 2019: Purchase Assurance, Price Protection and Satisfaction Guarantee. You can still submit claims for purchases made prior to November 1, 2019 through the time periods described in your current Guide to Benefits.
