Chase reduces Pay Yourself Back program benefits and adds new options
Chase has reduced the number of categories and redemption rates for its Pay Yourself Back program. It has also added options for Southwest, Aeroplan, United, and Disney.
Why it matters
Eligibility and redemption rates vary by category and airline, with no clear minimums or deadlines stated.
Reduction in categories
The program has seen a steady decrease in the number of categories available for redemption.
Lower redemption rates
Redemption rates for Ultimate Rewards-earning cards have been reduced across multiple categories.
Sources
- Chase “Pay Yourself Back” Complete Guide (updated categories and rates) By Tim Steinke, Frequent Miler · frequentmiler.com
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