What is Chase’s Pay Yourself Back feature?

Chase’s Pay Yourself Back feature allows cardmembers to redeem Chase Ultimate points for statement credits in select categories of purchases. The cool thing about this feature is that you can use your points to pay for purchases and earn points for that purchase as if you paid it with money.

The Pay Yourself Back feature was first introduced in May 2020 with the two Chase Sapphire cards. As of October 2020, the two Freedom cards can also use this feature — although only for donations.

How does Chase’s Pay Yourself Back feature work?

To use the Pay Yourself Back feature, you must first log in to your online Chase account. After that:

1. Go to the Chase Ultimate Rewards menu.
2. Select Pay Yourself Back.
3. Select the purchases from your last 90 days where you want to use points. Click Continue.
4. Select whether you want to pay the entire purchase with points or a portion of it.
5. Click Confirm & Submit.

Expect to get your statement credit within three business days.

What Chase cards offer Pay Yourself Back?

As of 2021, only the two types of Ultimate Rewards credit cards let you use the Pay Yourself Back feature. But each card type offers a different value for point redemption differently. Here’s how it looks:

Chase Sapphire cards

Both the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® have the highest value on point redemptions in select new categories. However, these categories may not last forever.

• Categories. Grocery, dining (including delivery and takeout), home improvement stores (such as Home Depot or Lowes) and contributions to eligible charities.
• Redemption value. The Chase Sapphire Preferred® Card comes with a 25% higher value and the Chase Sapphire Reserve® with 50% higher value.
• Timing. Eligible categories are available through September 30th, 2021.

Chase Freedom cards

The two Freedom cards only get a one redemption option within the Pay Yourself Back program.

• Categories. Contributions to eligible charities.
• Redemption value. Points are worth 25% more.
• Timing. No end date.

Which charities are eligible for donations through the Pay Yourself Back feature?

You can donate your points to:

Compare Chase credit cards

Using the Pay Yourself Back feature is useful with an Ultimate Rewards credit card. But if this type of card doesn’t align with your needs, other Chase credit cards could be a better option.

Sort by:

Name	Product	Filter values	Rewards	Purchase APR	Annual fee
Chase Freedom Flex℠			5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases	0% intro for the first 15 months (then 14.99% to 23.74% variable)	$0	Apply now View details	Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.	Compare	loading Fetching your data...
Chase Sapphire Preferred® Card			5x points on Lyft, 2x points on up to $1,000 on groceries until April 30, 2021, 2x points on travel and dining and 1x points on all other purchases	15.99% to 22.99% variable	$95	Apply now View details	Earn a signup bonus worth $1,000 plus up to $50 statement credit towards groceries with this popular travel card.	Compare	loading Fetching your data...
Chase Freedom Unlimited®			5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases	0% intro for the first 15 months (then 14.99% to 23.74% variable)	$0	Apply now View details	This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.	Compare	loading Fetching your data...

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Bottom line

Chase’s Pay Yourself Back feature is useful for spending your points when you can’t use them on travel purchases. The only downside is that the Freedom cards can only use this feature for charitable donations and not on groceries and dining like the Chase Sapphire cards. If the Chase cards aren’t right for you, compare other rewards credit cards.