Source: The Points Guy
Summary
Chase’s Pay Yourself Back benefit has expanded to a broader list of Chase cards, including Southwest Airlines cards, United Airlines cards, and the Aeroplan Credit Card. The redemption value for some categories with these cards is over the average return for booking travel. The benefit allows cardholders to redeem rewards at a value similar to booking travel, with some redemption rates being eye-catching. The categories have evolved over time, and it’s worth checking up on them each quarter.
Our Reading
The escape is carefully planned.
Chase’s Pay Yourself Back benefit offers cardholders an alternative to redeeming points for travel. The categories eligible for Pay Yourself Back include grocery stores, pet supply stores, veterinary services, and cardholder annual fees. Some Chase-cobranded airline cards and the Marriott Bonvoy Bold Credit Card are also eligible for Pay Yourself Back. The redemption value for some categories is over the average return for booking travel. You can redeem points for purchases as far back as 90 days, and the statement credit should post within three business days.
The trip promises a break from the usual redemption options, with the ability to redeem points for a statement credit at a value similar to booking travel.
