Chase Freedom Pay Yourself Back
This summer Chase Freedom, Freedom Flex, Freedom Unlimited, and Freedom Student cardmembers can take advantage of Pay Yourself Back through Ultimate Rewards. Starting July 2nd, eligible Chase Freedom cardholder will have the option to apply Ultimate Rewards points to pay for all or a portion of their dining purchases up to a total of $250 and get paid back with statement credit through the Pay Yourself Back tool in the Chase Mobile App and online. Specifically, Ultimate Reward points will be worth 10% more when redeemed for up to $250 in dining purchases through September 30, 2021.
Along with 5% rotating categories and new Pay Yourself Back category, Freedom Flex cardmembers can earn cash back on a variety of other purchases including: 5% cash back on travel purchased through Chase’s Ultimate Rewards, 3% cash back on dining and drugstores, and 1% cash back on all other purchases. In addition to these rewards, Freedom Flex cardmembers receive World Elite Mastercard Benefits, including cell phone protection and discounts with Lyft, Shoprunner and more, along with Priceless Experiences. New cardmembers can also earn a $200 sign-up bonus after spending $500 on purchases in the first three months from account opening.
I also wrote yesterday about the new 5% categories for Chase Freedom or Freedom Flex cards, which will earn you 5% back on up to $1,500 in purchases during the third quarter.
Chase also offers the Pay Yourself Back tool to Sapphire Preferred and Sapphire Reserve cardholders, with value up to 1.5 cents per point.