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Chase to expand Pay Yourself Back, include Freedom and Ink cards

The Pay Yourself Back feature will be available on more Chase cards and offer new benefits


Pay Yourself Back will be extended on Sapphire cards and come with new categories to Ink and Freedom cards.

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Late summer and early fall have been busy for Chase. The issuer has launched the new Chase Freedom Flex℠, retired the old Freedom card, added new earning categories to the Chase Freedom Unlimited® and bumped up the sign-up bonus on the Chase Sapphire Preferred® Card*, among other updates.

On Sept. 28, Chase announced it is expanding its Pay Yourself Back program to include Ink and Freedom cards and is keeping the previously announced categories for Sapphire. On top of that, all eligible Ultimate Rewards cardholders will be able to use the tool to redeem points toward donations made to eligible charities.

“The initial response to Pay Yourself Back on Sapphire has been overwhelmingly positive,” said Matt Massaua, head of Ultimate Rewards and loyalty solutions at Chase. “We’re expanding Pay Yourself Back to other cards and giving our cardmembers more flexibility to choose how and when they use their points.”

How Pay Yourself Back is changing

Initially, Chase offered Pay Yourself Back on the Chase Sapphire Reserve® and Chase Sapphire Preferred, allowing cardholders to redeem their points for statement credits toward purchases at grocery, home improvement stores and restaurants, including takeout and delivery services. This redemption option provided a great point value – Sapphire Reserve cardmembers’ points have been worth 50% more, and Sapphire Preferred points have been worth 25% more.

The offer was set to expire on Sept. 30, but Chase is now extending it through April 30, 2021, as well as adding contributions to eligible charitable organizations as another eligible category.

Here are some of the charities included on Pay Yourself Back:

  • American Red Cross
  • Equal Justice Initiative
  • Feeding America
  • Habitat for Humanity
  • International Medical Corporation
  • Leadership Education Fund
  • NAACP Legal Defense and Education Fund
  • National Urban League
  • Thurgood Marshall College Fund
  • United Negro College Fund
  • United Way
  • World Central Kitchen

See related: How to donate unused rewards miles and points

From Oct. 1 to Dec. 31, Pay Yourself Back will also be available on the Ink Business Preferred℠ Credit Card and Ink Business Plus (now retired). Cardholders will be able to redeem points at a 25% higher value for select online advertising and shipping expenses, as well as contributions to eligible charities.

Finally, starting Oct. 1, all other eligible Ultimate Rewards credit cards including Freedom, Freedom Unlimited and the new Freedom Flex will be included in the program. Cardholders will have the option to redeem points toward contributions made to eligible charities. Points will be worth 25% more when using this redemption method.

Should you use Pay Yourself Back?

Pay Yourself Back adds flexibility to your Ultimate Rewards points redemption. While redeeming for travel has always been the best option in terms of value, during times when travel is limited (like the pandemic), having such an alternative can prove very useful.

See related: How to earn and use Ultimate Rewards points

For example, if you have a Sapphire Reserve card, you can apply 10,000 points toward a $150 grocery bill, saving 5,000 points compared to the typical cash back statement credit, which comes at a value of 1 cent per point.

The opportunity to redeem for charitable contributions is also an excellent addition, especially during this challenging period. Many loyalty programs and credit cards allow to donate unused points and miles, but at a lower redemption rate. The added 25% value Pay Yourself Back provides can help you contribute more, making your Ultimate Rewards work for a good cause.

Overall, this is an exciting expansion to a promising feature, and we look forward to seeing how it will evolve in the future.

*The information for the Chase Sapphire Preferred card has been collected independently by The card details on this page have not been reviewed or provided by the card issuer.

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