Chase Sapphire Reserve Back

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Chase sapphire reserve back. What is pay yourself back. Sapphire reserve is broadening your world of benefits. As of may 31 there s a far better option for customers with both the chase sapphire preferred card and chase sapphire reserve branded as pay yourself back chase s new program lets you use your ultimate rewards points to offset certain purchases at a much more favorable rate. A reddit user called chase customer service about his chase sapphire reserve and was told that there s an announcement coming up on october 5th.

The recently introduced pay yourself back redemption tool rolls out to several additional chase cards while the initial sapphire categories are extended. Second i ll compare the sapphire reserve to the citi double cash card a card that earns up to 2 cash back on all purchases 1 when you buy and 1 as. With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories. For those of us who spend enough within the eligible pay yourself back categories chase s ultimate rewards cards become more like super charged cash back cards.

This is a better cash back rate than even the best grocery store credit cards which earn 5 or 6 back on groceries and don t come with the slew of extra benefits that the chase sapphire reserve. If you re looking for a card geared toward groceries the blue cash preferred card earns the most cash back compared to the chase cards. First i ll compare the chase sapphire reserve to the chase sapphire preferred card a similar card with slightly less rewarding bonus categories and a significantly lower annual fee. So i have a fun situation i ve wracked up more points than i can spend via the pay yourself back feature which if you don t want to use the points for travel is a fantastic alternative.

Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.