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
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 21, 2020, 10:48 am
#121
Join Date: Sep 2005
Location: JZRO
Posts: 9,169
- 1 million+ URs.
- Hundreds of thousands of hotel points and airline miles, thus little need to transfer URs.
- No plans to travel anyway.
RNE, can't lose for winning.
Sep 21, 2020, 2:03 pm
#122
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 thinking of buying all my gift cards for Christmas at Lowe's and Kroger and taking advantage of this redemption since travel isn't going to be happening for me in the foreseeable future and when it does I have more than enough skypeso's and Hilton Points anyway.
I'm buying new window coverings and using home depot and will hopefully have the order completed on Thursday so can burn some points there. Want to get new appliances and thinking of estimating the cost and buying some Home Depot gift cards and using them during black friday when they have good deals on appliances.
I'm buying new window coverings and using home depot and will hopefully have the order completed on Thursday so can burn some points there. Want to get new appliances and thinking of estimating the cost and buying some Home Depot gift cards and using them during black friday when they have good deals on appliances.
Sep 21, 2020, 2:15 pm
#123
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
Yes, I just checked my account and I have quite a few more options for redemptions than I did last week. For example a wine store that shows as "groceries" per transaction type was previously not an option for redemption but now it is.
I think I'll plan to redeem everything I can at the $.015 rate by September 30th just because there's really no evidence it will extend beyond that for any category at this point and it's not worth it to me redeeming at $.01 per point.
I think I'll plan to redeem everything I can at the $.015 rate by September 30th just because there's really no evidence it will extend beyond that for any category at this point and it's not worth it to me redeeming at $.01 per point.
Sep 22, 2020, 1:51 pm
#124
Join Date: Apr 2015
Programs: United Global Services, Amtrak Select Executive
Posts: 4,098
I wish I had noticed this as soon as it started! Since all I ever do with my UR points is redeem for cash back at $0.01 per point, I've been leaving real money on the table!
Sep 22, 2020, 5:59 pm
#125
Join Date: Sep 2014
Posts: 19
Outside of home depot, lowes, ace hardwarr, does anyone know what stores count as home improvement? Ikea? Appliancd stores like pc richards?
Sep 22, 2020, 6:39 pm
#127
Join Date: Aug 2017
Programs: Hilton Diamond, IHG Spire Ambassador, Global Entry
Posts: 2,871
Not sure how long everything is going to last. Not trying to liquidate my points like crazy either. I was able to PYB on all of my bars and dining the past few months. I'll take it.
Hoping for another offer. I'm not about to make non bonus purchases just to cash out points.
Hoping for another offer. I'm not about to make non bonus purchases just to cash out points.
Sep 24, 2020, 12:24 pm
#128
Original Member
Join Date: May 1998
Posts: 1,934
Sorry really late to the game. How much can you claim back? Do you recall the timeframe for the 5x groceries? Any advice on which transactions to choose?
Sep 24, 2020, 12:48 pm
#129
FlyerTalk Evangelist
Join Date: Dec 2006
Location: Pacific Northwest
Programs: UA Gold 1MM, AS 75k, AA Plat, Bonvoyed Gold, Honors Dia, Hyatt Explorer, IHG Plat, ...
Posts: 16,857
5X for CSR groceries ended 7/31.
But choose any transaction available to you for reimbursement. How much you earned (5X or 1X) makes no difference when you choose the m for PYB.
Sep 24, 2020, 8:01 pm
#130
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 we do PYB on a transaction do we still get the points we would have earned on the transaction or do we forfeit them?
I'm doing pretty good with PYB. I have a bunch of points and am buying new appliances, bought new window treatments for eight windows and bought a lot of gift cards at Kroger.
I had stopped using my CSR and Chase Freedom unlimited for a while since I couldn't use the points due to no travel and wish now I would have used the cards more
I'm doing pretty good with PYB. I have a bunch of points and am buying new appliances, bought new window treatments for eight windows and bought a lot of gift cards at Kroger.
I had stopped using my CSR and Chase Freedom unlimited for a while since I couldn't use the points due to no travel and wish now I would have used the cards more
Sep 24, 2020, 8:15 pm
#131
Join Date: Jan 2003
Posts: 3,786
If we do PYB on a transaction do we still get the points we would have earned on the transaction or do we forfeit them?
I'm doing pretty good with PYB. I have a bunch of points and am buying new appliances, bought new window treatments for eight windows and bought a lot of gift cards at Kroger.
I had stopped using my CSR and Chase Freedom unlimited for a while since I couldn't use the points due to no travel and wish now I would have used the cards more
I'm doing pretty good with PYB. I have a bunch of points and am buying new appliances, bought new window treatments for eight windows and bought a lot of gift cards at Kroger.
I had stopped using my CSR and Chase Freedom unlimited for a while since I couldn't use the points due to no travel and wish now I would have used the cards more
Sep 24, 2020, 8:52 pm
#132
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Sep 25, 2020, 9:14 am
#133
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
Since none of my credit cards have grocery stores for a bonus category this quarter, I'll buy a large Kroger gift card to use since I have ton of points and also non restaurant gift cards they sell.
Thought about buying the restaurant gift cards for Christmas for the points but am probably better off waiting since the promo gift cards restaurants give out at holiday time are worth more than the points I'd be redeeming.
Sep 25, 2020, 10:49 am
#134
Join Date: Aug 2012
Location: SEA
Programs: Bonvoy Gold
Posts: 1,947
How does PYB compare to Shop with Points on Amazon?
Sep 25, 2020, 11:34 am
#135
Join Date: Apr 2011
Programs: Marriott Ambassador, AA ExecPlat, Amtrak Select Exec, former WN apologist
Posts: 1,429
Shop with points at Amazon is not a good option (0.8 cents per point) unless they are running a promo. Even a "normal" statement credit is better than that at 1.0 cpp. The PYB promo is 1.5 cpp, so clearly better than both.
