Surge Pricing

Definition

Dynamic pricing during high-demand periods that increases fares for rideshare passengers and pay for drivers.

Related Terms

Dynamic Pricing

Pricing that changes based on demand, time, and other factors, used by rideshare and some delivery apps.

FAQs

When does surge happen?

Rush hour, bad weather, events, and late nights.

How much more can I earn?

1.5x to 3x+ normal rates during high surge.

Similar Terms

Upfront Pricing

Showing full trip price including destination before accepting, offered by some rideshare markets.

Destination Filter

Feature limiting ride requests to those going toward a specific destination, useful at end of shift.

Prime Time (Lyft)

Lyft's version of surge pricing, shown as a percentage increase rather than a multiplier, applied during high-demand periods.

Quest Bonus

Uber's bonus system rewarding drivers for completing a certain number of trips within a specified time period.

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Last updated: January 18, 2026

Reviewed by GigFinance Team, Gig Economy & Finance Experts

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