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Uber launches new subscription service in U.S.

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Uber has announced a new subscription service to help customers avoid price surging.

Titled "Ride Pass", the new service is only available in five U.S. cities at the moment.

According to the BBC, the service costs $24.99 a month in Los Angeles and $14.99 in Austin, Denver, Miami and Orlando. Uber says the service will expand to other U.S. cities in 2019.

"We want to make Uber a reliable alternative to driving yourself - an affordable option people can use for their everyday transportation needs," product manager Dan Bilen said.

The ride-sharing company says users will save up to 15 percent a month when subscribing to "Ride Pass."