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In this video we show you how to use the new Pay Yourself Back feature that is now available on some Chase cards, namely the Chase Sapphire Reserve, Chase Sapphire Preferred and the JP Morgan Reserve. This enables you to get cash back at higher rates in select categories, the categories at time of launch are grocery, home improvement and dining. The feature will probably be added to new Chase credit cards in the near future, but for now it is just on those three.
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34 comments
Check out a written guide on our website: https://bit.ly/3cnP88n
Super cool would love Amex give similar for platinum I don’t have CSR 😀
"credit stripper" makes a lot of sense. We can see the lap dance area behind you
All rather irrelevant while America is about 5 days away from full blown civil breakdown and another civil war…
Think they will let me apply my credit as cash back into my checking account?
Wish I had one of them 🤔
Best whay to use $300 travel credit?
Valuable information, thank you
Has anyone tried purchasing gift cards for places like amazon at the grocery stores? I’m curious about if it still counts as a grocery purchase.
Is there any reason NOT to use all my points on my reserve for this promo? Especially if the 1.5 rate is the same as redeeming on travel.
Do you know if the CSR Spending for groceries apply to super markets overseas for these bonuses? or only in the states?
If you pay yourself back you still get 5% back which mean you're points are worth almost 8% back
so credit make you dance huh? Good goof
It also doesn't count Walmart as a grocery store
I don’t have a Chase card yet, Capital One has this feature too. My question is what is the difference between Get Account Credit (lower your account balance) and Cover Your Purchase (get reimbursed for your purchase)?
This was actually really helpful thank you!
Are they getting rid of the feature or just the bonus
I’ve heard a rumor that chase is going to roll out new benefits starting July first that include utility’s, phone/cable/internet, insurance. For the sapphire cards. Have you heard this too?
Assuming the credit system works at all there are very few people that have these cards lots of points and no cash on hand
i like the new feature/service; makes sense
Are transactions you use the "pay yourself back" feature on completely removed from your record?
Hmm… I have 72,000 points…. Pay off my balance once a week… So, going back 3 months, I could get a $1000 credit…. What to do?? 😏🤔
So if I've already paid the statement. There is no point?
If my statement is all paid off will it show then as a credit to my account?
I think its a trick to make u use all points on grocery instead of other categories(maybe like fight)
What If you buy a flight with the card and pay yourself back instead of transfer partners would that work?
Okay , thank you . I wasn’t understanding what this was at 1st .
a lot of fluff 😐 get to the POINT, get it?
I was looking up how to do this, thanks for the info! I noticed on the thumbnail that you looked familiar, then I realized you also did those awesome, funny, and entertaining Chinese learning videos. Glad to see you're doing well on here.
Can you do this multiple times to any restaurants, home improvement stores, and grocery stores?
And let's say you spend $5,000 at homedepot? would the pay yourself back option work
SOMEONE EXPLAIN THE POINTS TO CASH. HOW MANY POINTS DO I NEED TO CONVERT INTO $1,000 CASH?
Trying to wrap my mind around this. If you take $82.55 (DA TANG SUPERMARKET) / 5,503pts to pay yourself back = $0.015 per point. So its not 7.5% cash, it's 1.5% cash back. Really just a 0.25% cash back increase not a 6% increase as promoted in the video. Unless I'm missing something?
So if I use it? Then that means that I don’t get points?
If I don’t have points am I still able to “pay myself back”?
Came for the stripping, stayed for the info