Uber Technologies Recurring Charge Explained
Question: What is this Uber Technologies recurring charge?
Answer: You might have noticed lately that your financial institution lists your Uber transactions as “recurring charges” on your statement. When we see recurring, we instantly think of a repetitive fee of some sort. But, this is not the case with Uber.
There is absolutely NO recurring fee or membership cost, you are only responsible for paying for the trips you take.
We know you probably thinking, “well why does it say recurring, then?”
This is just the way your bank interprets Ubers’ billing process. Uber has to pre-authorize your payment method so you want have to re-enter your payment information in the app every time you would like to use their service.
That would be such an inconvenience and pain if you had to key in your full credit card details each time you requested an Uber. Well, simply put, if it wasn’t for the ‘recurring charges’ showing on your statement, you would have to enter you information over and over again.
Again, ‘recurring charges‘ in this particular case does not mean you will be billed a recurring charge or membership fee. Uber does not have such fees at this time. If you are still in doubt all you need to do is ask your bank and they will also confirm that this is NOT a recurring charge like you are thinking.
Updated Uber Technologies Recurring Charge on 5/05/2017