Phê Vé
April 3, 2026 • 3 min read
If you haven't heard about Chase's Pay Yourself Back program lately, it might be time to take a closer look. This enticing option is available for Chase cardholders, offering various exciting redemption rates. The program currently applies to several co-branded credit cards, including those from Sou
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Introducing Chase Pay Yourself Back
If you haven't heard about Chase's Pay Yourself Back program lately, it might be time to take a closer look. This enticing option is available for Chase cardholders, offering various exciting redemption rates. The program currently applies to several co-branded credit cards, including those from Southwest Airlines, United Airlines, Aeroplan®, and Marriott Bonvoy Bold®.
Many of the current offers are valid until June 30th. Let's dive into the key things you should know about using Chase's Pay Yourself Back.
What is Pay Yourself Back?
Pay Yourself Back is a unique redemption option within Chase's Ultimate Rewards program, allowing cardholders to choose how to utilize their rewards points rather than just focusing on booking flights or travel services. The list of eligible categories for redemption has changed over time, so it's wise to check each quarter to see if you should be using your points.
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In summary, the Pay Yourself Back option enables many Chase cardholders to redeem their points for a value that closely mirrors what they would get when booking travel. While it doesn't provide the maximum value of Ultimate Rewards points as transferring to partners would, it comes quite close. This could be a great choice if you're looking for a straightforward redemption option or if you have points that you can't use immediately.
Eligible Categories for Pay Yourself Back
The current eligible categories for Pay Yourself Back include:
- Chase Sapphire Reserve®: Redemption value for qualifying charitable organizations is 1.5 cents per point.
- J.P. Morgan Reserve Card: Similarly, the redemption value for grocery stores, pet shops, and veterinary services is 1.25 cents per point.
- Chase Sapphire Preferred® Card: The redemption value for charitable organizations stands at 1.25 cents per point.
- Chase Freedom Flex®: Pet shops and veterinary services also qualify at a value of 1.1 cents per point.
- Chase Freedom Unlimited®: Competing with similar rates as other cards.
- Ink Business Cash® Credit Card: Also offers equivalent redemption value.
- Aeroplan Credit Card: Designed for travel spending, with a redemption value of 1.25 cents per point.
Why Use Pay Yourself Back?
Utilizing Pay Yourself Back is a convenient way to maximize your rewards points, especially if you have points that can't be immediately used for trips. With various eligible categories and appealing redemption rates, it makes it easier to find effective ways to use your points.
Conclusion
In conclusion, Chase's Pay Yourself Back is an exciting and useful option for those looking to optimize their rewards points. If you're seeking a quick and easy solution to use your points without the hassle of booking flights, this is the perfect answer for you.
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