Aug 12, 2020, 3:23 pm
Last edit by: blueman2
Chase Pay Yourself Back Feature
Pay Yourself Back Rotating Category "Extra bonus boost when using UR points for payment" option
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Currently, the categories for pay yourself back are: grocery stores and dining at restaurants (including takeout & eligible delivery services), home improvement stores and select charitable organizations. Redeem for purchases in these categories made with your Chase card with Ultimate Rewards.
After each purchase posts, you have 90 days to pay yourself back.
+50% MORE POINTS VALUE
You'll get 50% more value from your points when you pay yourself back for eligible purchases listed below.
How does Pay Yourself Back work?
Step icon one
HOW DO I PAY MYSELF BACK?
First select one or more recent eligible purchases listed and hit "Continue" to go to the next step. Then apply some or all of your available Ultimate Rewards points to each transaction you selected and hit "Confirm & Submit" to redeem your points for a statement credit.
Step icon two
HOW DO I APPLY MY POINTS TO SELECTED PURCHASES?
Enter a dollar amount for each transaction, up to the original purchase amount, based on your available Ultimate Rewards points balance. Or select "Apply Full Amount" and we'll apply your available points up to the full cost of each eligible purchase.
Step icon three
WHEN WILL I RECEIVE MY STATEMENT CREDIT?
Once you've submitted your order, it will take 2-3 days for your statement credit to appear on your account.
10/15/2020- Chase has added the Pay Yourself Back feature to the Ink Plus and Preferred Cards: https://www.chase.com/business/credit-cards/ink/inkofferscta?jp_aid_a=T_64096&jp_aid_p=chasehome_3/hero
3/10/2022 - Chase extended the PYB categories for Dining and Annual Fee until 6/30/2022 (was set to expire 3/31/2022) for CSR
9/28/2022 - Chase extended the PYB categories for Dining until 12/31/2022 (was set to expire 9/30/2022) for CSR
Pay Yourself Back Rotating Category "Extra bonus boost when using UR points for payment" option
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Currently, the categories for pay yourself back are: grocery stores and dining at restaurants (including takeout & eligible delivery services), home improvement stores and select charitable organizations. Redeem for purchases in these categories made with your Chase card with Ultimate Rewards.
After each purchase posts, you have 90 days to pay yourself back.
+50% MORE POINTS VALUE
You'll get 50% more value from your points when you pay yourself back for eligible purchases listed below.
How does Pay Yourself Back work?
Step icon one
HOW DO I PAY MYSELF BACK?
First select one or more recent eligible purchases listed and hit "Continue" to go to the next step. Then apply some or all of your available Ultimate Rewards points to each transaction you selected and hit "Confirm & Submit" to redeem your points for a statement credit.
Step icon two
HOW DO I APPLY MY POINTS TO SELECTED PURCHASES?
Enter a dollar amount for each transaction, up to the original purchase amount, based on your available Ultimate Rewards points balance. Or select "Apply Full Amount" and we'll apply your available points up to the full cost of each eligible purchase.
Step icon three
WHEN WILL I RECEIVE MY STATEMENT CREDIT?
Once you've submitted your order, it will take 2-3 days for your statement credit to appear on your account.
10/15/2020- Chase has added the Pay Yourself Back feature to the Ink Plus and Preferred Cards: https://www.chase.com/business/credit-cards/ink/inkofferscta?jp_aid_a=T_64096&jp_aid_p=chasehome_3/hero
3/10/2022 - Chase extended the PYB categories for Dining and Annual Fee until 6/30/2022 (was set to expire 3/31/2022) for CSR
9/28/2022 - Chase extended the PYB categories for Dining until 12/31/2022 (was set to expire 9/30/2022) for CSR
Pay Yourself Back - Sapphire Reserve & Preferred, INK Preferred & Plus (2020-2023)
Sep 10, 2021, 9:26 am
#361
Join Date: Jan 2003
Posts: 3,786
The business card is 50K spend per year, see here:
https://www.bankofamerica.com/smallb...-credit-cards/
https://www.bankofamerica.com/smallb...-credit-cards/
Sep 11, 2021, 7:56 pm
#362
Join Date: Apr 2019
Posts: 93
It looks like most of the recent discussions here have been about BOA vs Chase. Which, I like this discussion. I have 6 versions of the Cash Rewards cards so I get the 5.25% back on up to $15k a quarter and can choose 6 different categories each month. It is legit. And if you have the new Unlimited Cash Rewards Card or Travel Rewards Card all generic spending is at 2.625% which is unmatchable except by that PennFed or some random small cards I think. I still keep CSR though because 1) buy flights on it through the portal and they are worth 7.5% back (5 ppd and then the multiplier), 2) buy rental cards through portal worth 15% (10 ppd plus multiplier), 3) charge internet/phone to Chase Ink for 7.5% back (5ppd then send to CSR for multiplier), 4) household member has CFU for 4.5% dining (3 ppd then send to my CSR for multiplier, this is their biggest category and they get 2.25% on everything else and it is nice to not have to reconcile anything on the statements each month, everything on that card is hers). So I personally rake on both of these.
Now, my question and why I came to this particualar thread -
Does anyone have insights into what is happening with PYB after Sept 30? It has been a gold mine for me. Before I bought flights with my UR which is good, but because of the above method I am essentially losing $75 for every $1,000 flight I redeem with points if PYB goes away. I hope they at least let it rotate categories and things like that.
Now, my question and why I came to this particualar thread -
Does anyone have insights into what is happening with PYB after Sept 30? It has been a gold mine for me. Before I bought flights with my UR which is good, but because of the above method I am essentially losing $75 for every $1,000 flight I redeem with points if PYB goes away. I hope they at least let it rotate categories and things like that.
Sep 11, 2021, 9:54 pm
#363
FlyerTalk Evangelist
Join Date: Sep 2006
Location: Toledo, OH
Programs: Delta DM & MM, Hilton DM, Marriott gold, Hyatt Globalist, Alaska 75K, Wyndham Diamond,
Posts: 15,399
I'm going to miss PYB I need to start buying gift cards at Grocery stores and restaurants I like to burn through some of my points since international travel won't happen for me for a while.
Sep 11, 2021, 10:31 pm
#364
Join Date: May 2011
Posts: 8
Is anyone else having issues with their Chase Sapphire Reserve card where some smaller travel expenses aren't getting the 3x points? For example Southwest flight $5.60 (for fees), toll road expense, BART and Muni (public transportation) fares. I would post a screenshot but can't seem to do so until I've made 5 posts...
Sep 11, 2021, 11:38 pm
#365
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,458
Is anyone else having issues with their Chase Sapphire Reserve card where some smaller travel expenses aren't getting the 3x points? For example Southwest flight $5.60 (for fees), toll road expense, BART and Muni (public transportation) fares. I would post a screenshot but can't seem to do so until I've made 5 posts...
Sep 12, 2021, 8:46 pm
#366
Join Date: May 2011
Posts: 8
I don't think so. I got 3x points on Lyft and Uber and grocery stores. It's specific to Southwest and the toll road, Bart, and Muni expenses that they show up as earning 0 points, not even the standard 1x. How odd!
Sep 13, 2021, 7:20 am
#367
Join Date: Sep 2011
Posts: 1,857
That sounds to me like exactly what you were told earlier. Your travel credit just reset and now you're earning 0 points on the first $300 on travel purchases.
Sep 14, 2021, 11:24 am
#368
Join Date: Sep 2017
Posts: 206
Hey all
Any word if chase will extend it past 9/30?
Any word if chase will extend it past 9/30?
Sep 15, 2021, 8:48 am
#371
Join Date: May 2014
Location: Charleston, SC
Programs: SPG/Marriot Gold, Hilton Gold
Posts: 412
I suspect if it was going to be extended, that would already have happened.
Sep 15, 2021, 1:41 pm
#372
Join Date: Jul 2001
Location: SW Michigan, ex SF Bay Area
Posts: 833
Based on their press releases and other communications I would say yes, but the categories will change.
From the press release of August 10:
From the letter I received in July regarding the Sapphire Reserve annual fee increase:
From the press release of August 10:
Both Preferred and Reserve cardmembers will also continue to have rewards flexibility with everything offered in the Ultimate Rewards portal, such as the popular Pay Yourself Back feature ...
Keep enjoying all your card has to offer, including:
- ...
- 50% more value on points redeemed for travel through Chase Ultimate Rewards, or select rotating categories through Pay Yourself Back
- ...
Categories, eligible merchants, and purchase transaction eligibility may change from time to time without notice.
Sep 16, 2021, 9:36 am
#373
FlyerTalk Evangelist
Join Date: Sep 2006
Location: Toledo, OH
Programs: Delta DM & MM, Hilton DM, Marriott gold, Hyatt Globalist, Alaska 75K, Wyndham Diamond,
Posts: 15,399
If they are going to have new categories I wish they'd release them in advance so I could plan with my points better.
Sep 17, 2021, 7:22 am
#374
Join Date: May 2014
Location: Charleston, SC
Programs: SPG/Marriot Gold, Hilton Gold
Posts: 412
Didn't realize that would become a permanent feature. It sounds like it may rotate quarterly like the 5x category on the Freedom. Hopefully, they keep dining as a category next month.