Editor’s be aware: This information has been up to date with the most recent data. The top date of the Pay Your self Again classes has been prolonged by way of Dec. 31, 2022.

The most recent Pay Your self Again classes from Chase for Sapphire and Ink cardmembers — Airbnb, eating, and web, cable and cellphone providers — have been prolonged by way of Dec. 31, 2022. These classes have been set to finish on Sept. 30, however Chase has confirmed to TPG the top date extension. As well as, transport has been added as a brand new class to the Ink enterprise playing cards starting Oct. 1.

In the meantime, eligible charitable donations utilizing Sapphire, Freedom and Ink playing cards proceed to stay as nicely — with the beforehand introduced finish date of Dec. 31, 2022.

The Pay Your self Again characteristic permits cardmembers to redeem factors for bills exterior of journey at a good charge.

Right here’s every thing that it’s essential find out about utilizing Pay Your self Again.

What’s Pay Your self Again?

In 2020, Chase launched Pay Your self Again as an ongoing redemption choice inside Final Rewards to offer cardmembers one other selection in how they’ll redeem factors. The classes have developed over time, with the removing of choices akin to grocery and residential enchancment shops.

In brief, the Pay Your self Again choice permits cardholders of many Chase playing cards to make use of factors at a redemption worth just like reserving journey. This gained’t result in most worth to your Final Rewards factors, however when you’re in search of a easy return (or are sitting on a pile of factors with no instant use for them), it might be a sensible choice.

Associated: One of the best Chase bank cards of September 2022

What purchases are eligible for Pay Your self Again?

These are the classes eligible for Pay Your self Again which are set to finish in December:

The data for the Chase Ink Plus card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Along with the above classes, all Sapphire Most popular, Ink and Freedom cardholders (together with the Chase Freedom Flex and Chase Freedom Limitless) can proceed to redeem at 1.25 cents per level for choose charities with Pay Your self Again by way of Dec. 31, 2022. Sapphire Reserve cardmembers can redeem at 1.5 cents per level.

And when you’re all for utilizing your factors to make a distinction in Ukraine, the next 4 choices instantly assist humanitarian efforts there:

• Worldwide Medical Corps.
• Worldwide Rescue Committee, Inc.
• UNICEF USA.
• World Central Kitchen.

The extra listing of charities for Pay Your self Again consists of:

• American Crimson Cross.
• Equal Justice Initiative.
• Feeding America.
• Habitat for Humanity.
• Management Convention Training Fund.
• NAACP Authorized Protection and Training Fund.
• Nationwide City League.
• Thurgood Marshall School Fund.
• United Negro School Fund.
• United Means.

Let’s say you had an eligible buy on the Chase Sapphire Reserve. As a substitute of receiving a $100 assertion credit score when redeeming 10,000 factors, a Sapphire Reserve buyer would obtain a credit score of $150 for a similar variety of factors when used for an eligible Pay Your self Again cost. This matches the speed provided on Final Rewards Journey redemptions for that card.

Chase Sapphire Reserve cardmembers also can use Pay Your self Again for his or her annual payment.

Requesting a credit score

The method of requesting a credit score by way of Chase’s Pay Your self Again program is comparatively easy. Merely log into your related Final Rewards account through cellular app or desktop and choose the “Pay Your self Again” choice within the sidebar.

Subsequent, you’ll see a listing of eligible purchases for which you’ll redeem factors. Factors might be redeemed for purchases way back to 90 days, at a charge of 1.5 cents every for Sapphire Reserve cardholders, 1.25 cents you probably have the Sapphire Most popular, Ink Enterprise Most popular or Ink Plus, and 1.1 cents for the Ink Enterprise Money and Ink Enterprise Limitless.

Subsequent, you’ll see a listing of eligible purchases for which you’ll redeem factors. Factors might be redeemed for purchases way back to 90 days, at a charge of 1.5 cents every for Sapphire Reserve cardholders, 1.25 cents you probably have the Sapphire Most popular, Ink Enterprise Most popular or Ink Plus, and 1.1 cents for the Ink Enterprise Money and Ink Enterprise Limitless.

In an instance from earlier this 12 months, I had 9 eligible web, cable and cellphone purchases (three proven) on my Ink Plus. Merely verify off the purchases you need to redeem and proceed to the subsequent web page.

You may select to offset the complete buy quantity, assuming you might have sufficient factors to cowl it, or you’ll be able to redeem a smaller quantity when you favor.

From there, you’ll be able to verify the redemption worth and quantity and select to finish the transaction. Your assertion credit score ought to put up inside three enterprise days.

Assertion credit score choices on different purchases

Chase has lengthy provided the choice to redeem factors for a press release credit score — that’s not new. Merely log into your Final Rewards account, hit the drop-down menu and choose “Money Again.”

You’ll be offered with an choice to enter the quantity you’d wish to redeem and the place you’d like your rewards deposited. All cash-back redemptions are mounted at 1 cent per level, solely half of TPG’s valuation for Final Rewards and decrease than any of the above Pay Your self Again choices.

Even so, Chase’s conventional cash-back choice is extra beneficiant than what you’ll be able to count on from another issuers. Right here’s the way it breaks down for a number of the hottest packages and playing cards:

The data for the Citi Status card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Backside line

Chase’s Pay Your self Again characteristic supplies precious flexibility for a lot of cardholders. However does it make sense to redeem Chase Final Rewards factors at as much as 1.5 cents apiece towards non-travel costs, which remains to be at the least 25% shy of TPG’s 2-cent valuation?

In the end, that call comes all the way down to how you propose to make use of your factors, what number of you at present have with airline and lodge packages, and whether or not or not you’d profit considerably from the assertion credit.

Extra reporting by Chris Dong, Stella Shon, Summer season Hull and Zach Honig.