The new Uber competitor is fresh on the App store. In this article you will understand what the Bolt app is, is it worth it, along with a Bolt promo code that will get you a free taxi ride (up to the value of £14).
What is Bolt?
Bolt, formerly known as Taxify, is an Estonian transportation network company founded and headquartered in Tallinn, Estonia. The company develops and operates the Bolt mobile application, which allows people to request a taxi or private driver from their smartphone, as well as electric scooters. In fact Bolt is very popular outside of the UK, with more than 25 million users in over 30 countries globally.
Bolt arrived in London in 2017 before being dropped a few days later by TFL for failing to acquire the right licensing. It relaunched as Bolt earlier this year and is already starting to increase in popularity. Rides start with a £2.50 base fee, plus £1.25 per mile and £0.15 per minute.
How does Bolt work for drivers?
Bolt will take a 15 per cent commission from its drivers – almost half of what Uber takes, which means it can charge its riders less. Its key differentiator against Uber is its lower fees for customers and lower commission for drivers.
How does Bolt work for customers? (After you have downloaded the App.)
- Request – Choose a car that fits your style and budget, then set your location
- Ride – Watch your driver arrive on the map
- Pay and Rate – You can rate your driver and pay for the trip automatically through the app
Use Bolt promo code and get up to £14 discount on your first ride!
Bolt App Negatives
Due to there being less Bolt drivers than the popular Uber, expect to wait a few minutes extra for your pick up. As less of your friends are on it, things like splitting the fare maybe easier to do on the Uber (until your friends join the App that is)
Bolt App Positives
On first instance, it is cheaper than Uber and the drivers are getting paid more, so you as a customer pay less. Also there is a great promotion where when you join you get a free Bolt promo code for a free trip up to £12, essentially a free trip.
Refer someone else and you get another £12 for you and them (use the Bolt promo code). After that you get 15% off you next 5 trips
How is Bolt performing?
City AM has reported that 300,000 Londoners have signed up in just 3 months, which shows it is threatening the dominance of Uber’s taxi app, so watch this space.
How are you finding Bolt? Please leave comments and tips below.