Chase adds NEW “Pay Yourself Back” Categories (Sapphire Reserve) – The Credit Shifu

by YouTube Team

💳 Learn more on the Sapphire Reserve:
💳 Learn more on the Sapphire Preferred:
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In this video we take a look at the new category where you can redeem points at 1.5 cents per point for a statement credit against charges on the card. Chase has added annual fee as a category, and to be honest it is very useful since people aren’t traveling as much as they used to so if you want to get value out of your points, this is a great way.
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26 comments

Jorge Romero May 4, 2021 - 5:23 pm

You've helped me build from nothing to a 733, thanks a ton!

Reply
The Credit Shifu May 4, 2021 - 5:27 pm

CORRECTION: This is only for the Sapphire Reserve NOT Sapphire Preferred
Check out my video on $ DOGECOIN

🚀 🚀 🚀

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J C. May 4, 2021 - 5:31 pm

I got the annual fee waived when I applied in branch. But it’s cool for people that didn’t

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Kidynamo123 May 4, 2021 - 5:31 pm

I don't think the redemption for AF applies for the CSP, or at least it's not listed as a redemption option where it was showing up on your CSR UR portal. Either way, I can't take advantage of this because my CSP renewed in January and Pay Yourself Back only applies to transactions up to 90 days back

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Mark Reese // Credit & Finance May 4, 2021 - 5:31 pm

Covering that annual fee at 1.5¢ per point aint' bad 👍 But at the same time, I don't get excited to use rewards to pay a fee 😄

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Miguel Poblete May 4, 2021 - 5:36 pm

Is this targeted? page 2 on my "Featured redemption categories" (Sapphire preferred) does not include annual membership fee.

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Musashi-san ____ May 4, 2021 - 5:39 pm

Great. Pay an annual fee for a crappy Sapphire preferred card.

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John Wick May 4, 2021 - 5:40 pm

so Chase is encouraging Sapphire Reserve cardholders who has 36,667 points to pay of the $550 AF…. ummm no thanks

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Neal Williams May 4, 2021 - 5:44 pm

There's something going on with your frame rate.

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unlimtedSW1SH gaming May 4, 2021 - 5:50 pm

the lyft one is to donate for someone else to get a ride to go get the covid vaccine

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Bank Account Bonus Central May 4, 2021 - 5:57 pm

not a fan of the $550 annual fee but a fan of PYB!

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Nobody May 4, 2021 - 6:04 pm

I have to wait till next month to apply so that the 5/24 rule is no longer blocking me

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Justin Zhao May 4, 2021 - 6:22 pm

What about the flex?

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Santos Gonzalez May 4, 2021 - 6:25 pm

Appreciate your videos , has help me open more opportunities in finance 💵

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Raymundo May 4, 2021 - 6:36 pm

Everyone hates WAR but a 💳 card WAR? Im reload. Jiji but really America's are using 💳 cards more then ever. I want WAR. 💘 ✌ and rewards.

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Kyle Welch May 4, 2021 - 7:55 pm

50% off if you shoot yourself up with using Lyft is the most hilarious feature I have seen.

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thomas pugh May 4, 2021 - 8:20 pm

27,500 points to cover your annual fee…..nice!

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JP Knowledge May 4, 2021 - 8:43 pm

This isn't all that special, but it is always a good thing when more options are added.

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B2b director May 4, 2021 - 10:57 pm

what camera do you use?

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Ikaika Arnado May 4, 2021 - 11:25 pm

They can ask for you vaccine card…

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Remco S May 5, 2021 - 1:41 am

Who would pay for a credit card to get rewards to pay for a credit card to get rewards to pay for a credit card to… You get the point. This new feature doesn't make any sense.

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Xkgkxshawn May 5, 2021 - 2:42 am

My card came in the mail today!

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Braden Sky May 5, 2021 - 6:03 am

Amazing idea from Chase. I’ll absolutely use my points for the AF, especially because it looks like you won’t be able to use pay yourself back for dining and groceries after Q3

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q n May 5, 2021 - 1:46 pm

That transaction for membership fee will only show up 90 days for pay yourself back before it disappears.

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John Mok May 5, 2021 - 3:36 pm

nice this is huge

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waltervila33 May 6, 2021 - 3:04 pm

This makes it a lot easier to digest the exorbitant annual fee I wonder if Amex platinum will follow suit I hear a lot of centurion customers are downgrading to the platinum hence the increase in annual fee for the platinum right then cheers mate good info

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