Jump to section Facebook Twitter LinkedIn Copy URL Email The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information. Editor's Note This is a recurring post, regularly updated with new information and offers. If Chase's Pay Yourself Back hasn't been on your radar in a while, it may be worth brushing up on it.
Not only does this potentially lucrative option expand to a broad list of Chase cards , but some redemption rates are eye-catching as well.
Chase offers its Pay Yourself Back benefit on some cobranded credit cards, including Southwest Airlines cards , United Airlines cards , the Aeroplan® Credit Card (see rates and fees ) and the Marriott Bonvoy Bold® Credit Card (see rates and fees ).
Many of these current offers are valid now through Sept. 30.
Here's everything you need to know about using Chase Pay Yourself Back.
Pay Yourself Back is a unique redemption option within Chase's Ultimate Rewards program, offering cardmembers an alternative to redeeming points for travel.
The categories have evolved over time, and it's worth checking them each quarter to see if they're a good use of your rewards.
In short, the Pay Yourself Back option allows many Chase cardholders to redeem rewards at a value similar to what they would pay when booking travel. This won't typically yield the same maximum value for your Ultimate Rewards points as strategic use of transfer partners can, but it can get pretty close.
And, it could be a good choice if you're looking for a simple redemption or have a pile of points that you cannot immediately use.
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Some Chase-cobranded airline cards (and a Marriott card) are also eligible for Pay Yourself Back. The rate at which you can redeem for some categories with these cards' rewards is over the average return you'll likely get when using your rewards to book travel.
Related: The best time to apply for Chase credit cards based on offer history
Here are the current categories eligible for Pay Yourself Back:
Chase Sapphire Reserve® (see rates and fees ) J.P. Morgan Reserve Card Qualifying charities: 1.5 cents per point Cardholder annual fee: 1.25 cents per point
Gas stations and public transit: 1.2 cents per point
Chase Sapphire Preferred® Card (see rates and fees ) Qualifying charities: 1.25 cents per point Pet supply stores, veterinary services and cardholder annual fee: 1.1 cents per point
Chase Freedom Flex® (see rates and fees ) Chase Freedom Unlimited® (see rates and fees ) Chase Freedom Chase Sapphire Reserve for Business℠ (see rates and fees ) Qualifying charities: 1.25 cents per point Sept. 30 Ink Business Preferred® Credit Card (see rates and fees ) Qualifying charities: 1.25 cents per point
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