Uber and Lyft have been rivaling traditional taxi services, as well as each other, since they first came onto the market nearly ten years ago. But now, Lyft is upping the ante with its new subscription service that could edge out all competition by offering riders a way to save up to $150 every single month.

How it works

Lyft’s new initiative is called the “All Access Plan,” and follows the increasingly popular monthly subscription service model many companies are utilizing. Each subscriber pays $299 a month for 30 rides, with each one worth up to $15.

Now, if you go over the price point, you will have to pay the difference. But, since you’re a valued member of the All Access Plan, you’ll enjoy a 5% discount on every additional ride you take that goes over the limit.

When it will be available

You can actually become a subscriber right now! Lyft made the All Access Plan available to all riders in the United States on October 16. The company said in a recent blog post, “This is the first step toward delivering on our goal of making car ownership possible, and we’re constantly looking for more ways to provide passengers with the easiest, most convenient options possible.

So, if you’re in a city or if you already use the service frequently, it’s probably a good idea to go ahead and switch to the monthly plan as soon as possible to start saving big.

How you save

If you stick to the guidelines of the service, you could save up to $150 compared to those who are not a part of the service. You’ll also be able to apply the monthly credit to shared rides, which could give you a loophole to for longer rides that are more than $15, making your money last.

You can also frequently earn bonus points as many credit cards, like Chase Sapphire, offer up to 3x points for any Lyft ride. If you’re more of a rider than a driver, check out the All Access Plan today!