UPDATES:
  • Chase Pay Yourself Back for Q3 2022 categories are updated. Valid through September 30, 2022!

You can use Chase Ultimate Rewards (UR) points to "pay yourself back" on select purchasing categories. The fundamental concept is that when you use your eligible Chase credit card to pay for a certain category, you can redeem Chase points to offset your spending as statement credits when the purchase transaction is posted to your account. 

Here's the complete list of Chase Pay Yourself Back categories for each quarter and how the benefit works.

Photo Credit: Chase
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    Which Chase Credit Card is Eligible For Pay Yourself Back

    Generally, Chase credit cards that earn Chase Ultimate Rewards (UR) points, including cash back, are eligible for Pay Yourself Back benefit. The points value, however, varies by the card:
    • Chase Sapphire Reserve Credit Card offers 1.5 cents per point.
    • Chase Sapphire Preferred Credit Card offers 1.25 cents per point. 
    • Chase Freedom Flex Credit Card offers 1.25 cents per point. 
    • Chase Freedom Unlimited Credit Card offers 1.25 cents per point.
    • Chase Freedom Visa Credit Card (unavailable to new applicants) offers 1.25 cents per point. 
    • Chase Ink Business Preferred Credit Card offers 1.25 cents per point.
    • Chase Ink Business Plus Credit Card (unavailable to new applicants) offers 1.25 cents per point. 
    • Chase Ink Business Cash Credit Card offers 1.1 cents per point.
    • Chase Ink Business Unlimited Credit Card offers 1.1 cents per point. 

    Remember that you can move Chase Ultimate Rewards (UR) points from one card to another to get more value. For example, you can move points from Chase Ink Business Cash Credit Card to Chase Sapphire Reserve Credit Card to get 1.5 cents per point for Pay Yourself Back redemption. 

    Chase Pay Yourself Back Categories Q3 2022

    Chase's Pay Yourself Back categories vary based on the Chase card, and each category has an expiration date. 

    Chase Sapphire Cards

    • Airbnb, Dining, Annual card membership fee through September 30, 2022.
    • Select charities through December 31, 2022
    • Available for the following Chase credit cards: 
      • Chase Sapphire Reserve Credit Card offers 1.5 cents per point.
      • Chase Sapphire Preferred Credit Card offers 1.25 cents per point. 

    Chase Freedom Cards

    • Select charities through December 31, 2022. 
    • Available for the following no annual fee Chase credit cards:
      • Chase Freedom Flex Credit Card offers 1.25 cents per point. 
      • Chase Freedom Unlimited Credit Card offers 1.25 cents per point.
      • Chase Freedom Visa Credit Card (no longer available to new applicants) offers 1.25 cents per point. 

    Chase Ink Business Cards

    • Internet, Cable & Phone Services through September 30, 2022.
    • Select charities through December 31, 2022. 
    • Available for the following Chase business credit cards:
      • Chase Ink Business Preferred Credit Card offers 1.25 cents per point.
      • Chase Ink Business Plus Credit Card (no longer available to new applicants) offers 1.25 cents per point. 
      • Chase Ink Business Cash Credit Card offers 1.1 cents per point.
      • Chase Ink Business Unlimited Credit Card offers 1.1 cents per point. 

    How Does Chase Pay Yourself Back Benefit Work

    • First, you must know what purchase category qualifies for the Chase "Pay Yourself Back" benefit. 
    • Use the eligible credit card with the Pay Yourself Back benefit and spend on that category. Remember that the points value varies by the card you use. 
    • Wait until your purchase transaction is posted to your Chase card account.
    • Redeem your Chase Ultimate Rewards (UR) points to pay part or full for that eligible purchase amount. 
    • Chase automatically issues you a statement credit immediately. 

    How to Redeem Chase Ultimate Rewards Points For Pay Yourself Back

    • Go to the Chase Ultimate Rewards website for Pay Yourself Back feature
    • Successfully log into your Chase account if prompted. 
    • Choose the Chase card you'd like to use for the Pay Yourself Back feature. 
    • Select your recent eligible purchases and click on the Continue button. 
      • You can select as many purchases as you want. See the screenshot below. 
    • You can set the statement credit value partially or apply the full amount, and the number of points is adjusted based on the value you set. 
    • Once you are done, simply click on the Redeem button to finish. 

    Chase Pay Yourself Back
    Pay Yourself Back With Chase Ink Business Cash Credit Card


    Is Chase Pay Yourself Back Worth it?

    Chase Ultimate Rewards (UR) points are valuable when you transfer those points to travel loyalty programs that partner with Chase. Aside from that, Chase points can offer better returns when you redeem the points through the Chase Travel Portal because Chase Sapphire Reserve Credit Card can get 1.5 cents per point value, and Chase Ink Business Preferred Credit Card can get 1.25 cents per point value when redeeming this way. 

    With the Pay Yourself Back benefit, you are not limited to redeeming your Chase Ultimate Rewards (UR) points through Chase Travel only but also on select categories that you spend for everyday purchases. 

    Furthermore, when you use your Chase credit card to spend, you earn Ultimate Rewards points back even if you use the Pay Yourself Back feature to redeem for that spend later on. 

    Therefore, if you just want a simple cash-out feature with your Chase Ultimate Rewards (UR) points, Chase Pay Yourself Back is worth it if you have eligible Chase credit cards that give you more than 1 cent a point plus the number of bonus points you earn from spending on select categories. 
    • Chase Sapphire Reserve Credit Card offers 1.5 cents per point.
    • Chase Sapphire Preferred Credit Card offers 1.25 cents per point. 
    • Chase Freedom Flex Credit Card offers 1.25 cents per point. 
    • Chase Freedom Unlimited Credit Card offers 1.25 cents per point.
    • Chase Freedom Visa Credit Card (unavailable to new applicants) offers 1.25 cents per point. 
    • Chase Ink Business Preferred Credit Card offers 1.25 cents per point.
    • Chase Ink Business Plus Credit Card (not available to new applicants) offers 1.25 cents per point. 
    • Chase Ink Business Cash Credit Card offers 1.1 cents per point.
    • Chase Ink Business Unlimited Credit Card offers 1.1 cents per point. 

    Remember that you can move Chase Ultimate Rewards (UR) points from one card to another to get more value.