If you’re looking to boost your income, have spare time and a car, then driving for Uber may be for you.
As the original on-demand rideshare service, Uber disrupted the driving and taxi industries while helping to launch the gig economy.
Check out our Uber review below and find out if becoming an Uber driver is for you.
The Uber app is an easy-to-use and intuitive tool that connects drivers with people who need a ride in minutes. Users just tap a button, and a driver pulls up to their location.
What’s more, since Uber handles payments electronically, there’s no need to worry about carrying cash or issuing change. All payments for Uber services are processed through the app.
Whether customers need a driver for a night out or a work trip, Uber makes transportation easy. In years past, if you needed a car, you needed to plan and book weeks in advance. But with Uber, users can get a car quickly.
Additionally, the app says exactly who the driver is and what kind of car he or she drives. That way, customers know what to expect ahead of time.
Uber makes earning money easy for drivers, too. Rather than having to create business cards and handle marketing themselves, Uber connects them with clients. Once you sign up as a driver, you can start making money right away.
Your extra income from Uber can go a long way to paying off loans or bolstering savings.
Signing up for Uber
To become an Uber driver, you must be over 21 years old and have at least one year of driving experience.
You also must have a valid U.S. driver’s license and your car must be a four-door vehicle – so no sports cars or sleek coupes.
The sign-up process is easy. Just click on “Drive” on the top toolbar. The site will prompt you to create an account and ask you for your personal information and the type of vehicle you have.
Once you create your account, Uber will ask you to submit photographs or scans of your driver’s license, vehicle registration, and proof of car insurance.
From there, they will ask you a few screening questions. This brief survey is to check your driving record and criminal history to ensure a clean background. The whole process takes just a few minutes.
After you complete the screening, it can take a few days to hear back from Uber and get started. But you should expect to get a confirmation and start working within one week.
Using the Uber app
Once Uber approves you, you can download the driver app and get started. When you’re ready to work – whether it’s in the middle of the afternoon or late at night – just open the app and tap “Go Online.”
When you go online, you will begin to receive ride requests from people near you. If you’re working in a busy location at peak time, they can come in at a furious rate. The app will issue a beep, and the screen will flash with each new request. When you want to accept, just tap the ride request.
The app provides step-by-step directions to your customer’s location. And once the user is in your car, it will give you directions to the rider’s destination.
The app syncs your customer’s credit card information. Once the ride is complete, the customer pays you automatically. The app will show you how much you make after each trip and your comprehensive totals for the day and week.
Uber automatically transfers your earnings to your bank account once a week, You can also manually do it yourself if you want to get your money sooner.
Real Uber review from an actual driver
Harry Campbell was an aerospace engineer and started driving for Uber in 2013. He has since become an on-demand car service expert and blogs at The Rideshare Guy.
In his Uber reviews and guide for drivers, Campbell describes the benefits of driving for Uber.
“I like to tell people Uber is probably the most flexible job in the world,” Campbell says. “You can literally log on and off of the app whenever you want. Once you’re online you can do as many or as few rides as you want.
“I can’t think of a single other job in the world that provides that much flexibility,” adds Campbell.
However, Uber is not without its drawbacks. One complaint drivers regularly list about Uber is the lack of a tipping function. Other rideshare services, such as Lyft, allow customers to add a tip electronically. But Uber does not have that option.
Although you can tip your Uber driver with cash, many people do not carry bills so most drivers go without tips. While the tipping issue is something to consider, driving for Uber can still be a lucrative source of income.
Tips for earning more as an Uber driver
First off, it pays to learn your city’s hotspots and peak times. That’s because one of the best ways to increase your income with Uber is with surge pricing.
During periods of increased demand, Uber increases the cost of trip fares. The price increase means more money goes in your pocket. By learning common surge times, you can plan your driving schedule around it and boost your income.
And even though users cannot tip through the app, Uber does allow passengers to tip you in cash. Recently, Uber allowed drivers to add a tip jar or a sign saying you appreciate tips. Doing so can increase your tips and your overall earnings.
Uber customer service
If you need help as a driver, you can contact Uber customer service directly through the app by clicking on the “Help” button.
They can help you with common issues, such as a rider making a mess in your vehicle. Uber will work with you and the customer to resolve the issue and will charge the user a cleaning fee to get your car back in shape.
And if you are in an accident, you can contact Uber after calling the police or paramedics. They will review the case and help you with their rideshare insurance.
Driving for Uber
When it comes to becoming a driver, Uber reviews are largely positive. If you have extra time on weekends or after work and a car in good condition, it can be a great way to earn a side income on your own schedule.
For more information about side hustles, check out this article on 14 side jobs you can start with little or no investment.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 6.97% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.30% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at firstname.lastname@example.org, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.47% – 6.30%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.69% – 7.21%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|