To provide a great platform and keep the community growing, Lyft takes a commission from passenger fare.
Lyft's commission structure on variable fare rides:
- For drivers who applied before 12 am on Jan. 1, 2016: 20% commission from the variable fare (i.e., the base charge, incremental per minute and per mile charges, as adjusted by any Prime Time in effect)
- For drivers who applied after 12 am on Jan. 1, 2016: 25% commission from the variable fare
- For a limited time, Premier, Lux, and Lux SUV rides will have the same commission as the above
Variable fare means any fare that isn’t set in advance, which may be changed by any Prime Time in effect. Variable fare includes a ride’s base charge, any incremental per minute charges, and any incremental per mile charges.
For rides where Lyft quotes the passenger a fare in advance, drivers earn the same per minute and per mile payments that they would for a ride with variable fare of the same type. In those cases Lyft retains the difference between the passenger payment and your payout as the commission.
Lyft doesn't take commission from tips, which passengers can add easily through the app or give drivers as cash. That's right: drivers always keep 100% of tips whether it's a buck or a Benjamin.
Full terms and details can be found in the driver commission schedule of the Driver Dashboard.