LYFT* Charge (What It Is + Is It Legit?)

Lyft uses the truncated descriptor "LYFT*" on bank statements because its payment processing system follows a common billing convention where an asterisk is appended to the brand name to signal a digital or app-based transaction, helping distinguish it from other merchant types in card networks like Visa and Mastercard. The asterisk format is also frequently followed by a ride identifier or partial detail, though character limits imposed by banking systems often cause that additional information to be cut off before it reaches your statement. When you see "LYFT*" on your account, it reliably indicates a charge from the Lyft ride-hailing platform for a trip you completed through the app.

No, this is a legitimate charge from Lyft. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.

Frequently Asked Questions