New Chase ‘Pay Yourself Back’ Categories for Ink, Sapphire and Freedom Cardmembers

Chase ‘Pay Yourself Back’ Categories for Ink, Sapphire and Freedom Cardmembers

Today Chase launched the new categories for its ‘Pay Yourself Back’ program. These are categories where you can use your card and then cover those charges with Ultimate Rewards points. You get a value between 1.10 cents and 1.50 cents for your points, depending on which card you have.

I already covered the new categories for Ink and Sapphire cardholders. But now there’s an official announcement, so it’s worth rounding them all up in the same place.

New Chase ‘Pay Yourself Back’ Categories

Chase cardmembers can continue enjoying the Pay Yourself Back option in Ultimate Rewards, with new categories launching today on October 1.

The extended and new Pay Yourself Back® categories, as well as current redemption rates and time periods include:

  • Chase Ink Business Preferred and Ink Plus
    • Updated categories starting October 1 – Dec. 31, 2021: Cardmembers who utilize Pay Yourself Back can continue to redeem points worth 25% more on eligible business expenses in the categories of: shipping, internet, cable and phone services and charitable contributions. New categories will also include: advertising purchases made with social media sites and search engines.
  • Chase Ink Cash, Business Cash and Unlimited
    • Updated categories starting October 1 – Dec. 31, 2021: Cardmembers who utilize Pay Yourself Back can continue redeeming points worth 10% more on internet, cable and phone services, and worth 25% more when redeemed for eligible charitable contributions.
  • Sapphire Preferred and Reserve
    • Updated categories starting October 1 – March 31, 2022 : Sapphire Preferred points are still worth 25% more and categories will now be purchases with Airbnb, as well as with Away through awaytravel.com. Sapphire Reserve points are still worth 50% more and will also have access to the categories of Airbnb and Away purchases through awaytravel.com, plus Reserve cardmembers will continue to have the option to redeem in the category of dining at restaurants (including takeout and eligible delivery services). Both Sapphire cards will continue to redeem points at 25% and 50% more for donations to a dozen select charitable organizations.
  • Freedom, Freedom Flex and Freedom Unlimited
    • Continued through Dec. 31, 2021: Points are worth 25% more when redeeming for donations to a dozen select charitable organizations.

Guru’s Wrap-up

Pay Yourself Back continues to be an ongoing redemption option within Ultimate Rewards to give cardmembers another choice in how they can redeem, with categories that will continue to evolve over time. The grocery category that was quite popular until now, has been removed. Dining is still a good option for Chase Sapphire Reserve cardholders. Pay Yourself Back can be accessed through Ultimate Rewards online or via mobile.

Disclaimer: I receive part of the commission when you use any of the links in this article to apply for credit cards through yourbestcreditcards.com.

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