Chase has extended its Pay Yourself Back program and added new redemption options – but some popular categories are no longer available

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• Chase has extended its popular Pay Yourself Back program on certain cards – some until March 2022.
• Sapphire cardholders can now redeem points toward Airbnb and Away luggage purchases.
• Some previous categories, including grocery and home improvement stores, are no longer an option.
• Read Insider’s guide to the best Chase credit cards.

Chase’s Pay Yourself Back feature was introduced near the start of the pandemic to give cardholders another high-value option for redeeming points when travel was at a standstill. Since then, it’s become very popular, with Chase adding new categories and extending the program over recent months.

The latest extension, through September 30, has just expired – and now Chase has updated Pay Yourself Back again. This time, it’s added new categories to the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card – some through March 2022 – but many cardholders will find the new categories a lot less useful.

Read more: How Chase Pay Yourself Back works

In addition, some of the most flexible categories – like grocery stores – are no longer a redemption option. Here’s a breakdown of the changes.

Chase Pay Yourself Back extension

Chase Sapphire Preferred® Card

Chase Pay Yourself Back allows cardholders to redeem Ultimate Rewards points at a fixed value of more than 1 cent per point (the standard cash-back rate) toward eligible purchases. The categories and redemption rates vary by card, with bonus values ranging from 1.1 cents per point to 1.5 cents per point.

Read more: It’s time for Chase to make its much-loved Pay Yourself Back feature permanent

New Pay Yourself Back categories

Starting October 1, 2021, Chase Sapphire Preferred® Card and Chase Sapphire Reserve® cardholders have the option to redeem Ultimate Rewards points at an increased value toward Airbnb and Awaytravel.com (luggage) purchases through March 31, 2022.

In addition, Chase Sapphire Reserve® cardholders can still use points toward eligible dining purchases through the same date. This was a previous category on both Sapphire cards, but it’s only been extended for the Chase Sapphire Reserve® – not the Chase Sapphire Preferred® Card.

Read more: Chase Sapphire Preferred vs Sapphire Reserve: How to choose the best travel rewards credit card for you

Meanwhile, Ink Business Preferred® Credit Card and Ink Business Plus® Credit Card (no longer available to new applicants) cardholders can use their points toward select advertising purchases (social media and search engine advertising) until December 31, 2021. Some previous categories, including shipping, internet, cable, and phone services, have been extended through the same date.

Categories that haven’t been extended

On top of losing dining as a category on the Chase Sapphire Preferred® Card, both Sapphire cards no longer offer grocery or home improvement stores as a redemption option (the Ink Business Preferred® Credit Card has also lost home improvement stores as a category). These categories were among the easiest to take advantage of, so having them discontinued makes the Pay Yourself Back program a lot less appealing to many cardholders.

Read more: Why I don’t regret redeeming Chase points this year to save over $3,500 on my bills, even though I usually keep them for travel

On the Chase Freedom card front, the Pay Yourself Back promotion for dining purchases has also expired. No new categories have been added on the Chase Freedom Unlimited®, Chase Freedom Flex℠, Chase Freedom® Student credit card, or legacy Chase Freedom® (no longer available to new applicants).

Current Chase Pay Yourself Back categories

Here’s a summary of the updated Chase Pay Yourself Back categories on each card and the value you’ll get per point when you redeem.

Chase card	Pay Yourself Back categories and bonus value
Chase Sapphire Reserve®	Airbnb, Awaytravel.com, and dining through March 31, 2022 – 50% bonus (1.5 cents per point) Annual membership fee through December 31, 2021 – 50% bonus (1.5 cents per point) Eligible charities through December 31, 2022 – 50% bonus (1.5 cents per point)
Chase Sapphire Preferred® Card	Airbnb and Awaytravel.com through March 31, 2022 – 25% bonus (1.25 cents per point) Eligible charities through December 31, 2022 – 25% bonus (1.25 cents per point)
Ink Business Preferred® Credit Card Ink Business Plus® Credit Card (no longer available to new applicants)	Advertising purchases made with social media sites and search engines, shipping, internet, cable, and phone service purchases through December 31, 2021 – 25% bonus (1.25 cents per point) Eligible charities through December 31, 2022 – 25% bonus (1.25 cents per point)
Ink Business Cash® Credit Card Ink Business Unlimited® Credit Card	Internet, cable, and phone service purchases through December 31, 2021 – 10% bonus (1.1 cents per point) Eligible charities through December 31, 2022 – 25% bonus (1.25 cents per point)
Chase Freedom Flex℠ Chase Freedom Unlimited® Chase Freedom® (no longer available to new applicants) Chase Freedom® Student credit card	Eligible charities through December 31, 2022 – 25% bonus (1.25 cents per point)

Keep in mind your Chase Ultimate Rewards points won’t expire as long as your account is open and in good standing, so if the current categories don’t make sense for you, there’s no harm in holding onto your points for a better redemption.

Read more: How to earn, redeem, and maximize Chase Ultimate Rewards points

There’s no right or wrong way to redeem your points, but you’ll typically get the most value if you have a Chase Sapphire Reserve®, Chase Sapphire Preferred® Card, or Ink Business Preferred® Credit Card. When you have one of these cards, you’ll unlock the ability to transfer points to Chase’s airline and hotel partners and potentially get much more value when you redeem for award travel.

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