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What’s the deal when you start to drive for Uber?
Uber has tons of opportunities for drivers, whether you’re looking for a full-time job or part-time hours to supplement your income. If you sign up to become an ‘Uber Partner’ (their fancy way of saying you’re your own boss when you drive for them), it’s possible to earn a sign-up bonus of more than $1,000! You’ll need to complete 100 rides in 30 days to get the new driver bonus, and you can earn at your own flexible pace.
The great earning potential is one of the many reasons that Uber is so popular with new drivers, especially when you consider the initial bonus amount, but here are some more benefits of becoming an Uber Partner:
- Flexibility – You design your own hours and you can drive as much or as little as you want.
- Regular pay – Fares are automatically deposited and you get paid weekly – or you can now get paid instantly and cash out up to five times a day!
- Being your own boss – You’re the boss of yourself when you drive for Uber, and that includes choosing whether to work overtime or not.
- Reliability – Especially in bigger US cities, the volume of work is always there.
- Social interaction – You can meet people from all walks of life, from all over the world.
In this post, Torsten calculated that in a busy city like San Francisco, where there’s frequent surge pricing, 3 or 4 rides an hour for around 25 hours across one week would mean a take-home pay of about $2,000 if you include the bonus. Even if you don’t drive for Uber ever again after this, that’s not a bad return at all. In particular areas, especially big cities, you can often benefit from the possibility of surge pricing for events, concerts or holidays.
Handy tip: Did you know that you only need personal insurance to drive for Uber? Once you’ve picked up a fare, Uber provides liability insurance and you don’t even need a pricey Commercial Driver’s License to become an Uber Partner.
How do I get the deal to start to drive for Uber?
Sign up as an Uber partner here, then complete 100 rides in 30 days to earn yourself a great bonus. It takes just a few minutes and then you’re on your way to earning money by driving.
What else do I need to know about the deal to start to drive for Uber?
The Uber driver sign-up bonus amount can vary from city to city and seems to change frequently, but right now it’s $1,000 to $1,250 in San Francisco and other major cities. Once you’ve reached your bonus, the typical hourly pay if you continue as a driver is often $28 to $40 an hour.