[Sapphire Preferred Will Lose Dining Category] Today Is The Final Day For Sapphire Pay Yourself Back On Groceries And Home Improvement Purchases, Here Are The New Categories Launching Tomorrow!

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Update: Sapphire Preferred will also lose the ability to Pay Yourself Back for dining purchases after today. Sapphire Reserve will keep the ability to Pay Yourself Back for dining purchases after today.


Back in May 2020, Chase added the ability to pay yourself back and redeem your Sapphire Preferred or Sapphire Reserve Ultimate Rewards points to offset any dining, grocery store, or home improvement purchases made within the past 90 days at a rate of 1.25 cents per point with Sapphire Preferred or 1.5 cents per point with Sapphire Reserve.

Pay Yourself Back is now a permanent feature of the Ultimate Rewards program, but the categories will change periodically.

Last month, Chase added new benefits to their Sapphire cards, making Sapphire Preferred’s unprecedented 100,000 point offer even more lucrative.

Today is the final day to pay yourself back for grocery store and home improvement purchases.

Starting tomorrow through 3/31/22, you will be able to pay yourself back for purchases with Airbnb, and Away luggage on both the Sapphire Preferred and Sapphire Reserve. Sapphire Reserve will also still have the ability to pay yourself back for dining purchases. The value of 1.25 cents per point with Sapphire Preferred and 1.5 cents per point with Sapphire Reserve remains unchanged.

Sapphire Reserve cardholders can also use Pay Yourself Back to cover the card’s annual fee through 12/31/21.

A great feature of the program is that you keep the original points that the purchase earned, even though you paid yourself back for the purchase. That means your points will be worth more than 1.25 or 1.5 cents each!

In other words, if you spend $300 on dining or online groceries on Sapphire Preferred, you can use 24,000 points to offset that purchase and make it free. Plus, you’ll still earn the 930 points for dining or online groceries, so you effectively used 23,070 points to offset the purchase. That means your points were actually worth 1.3 cents each!

If you spend $300 on dining on Sapphire Reserve, you can use 20,000 points to offset that purchase and make it free. Plus, you’ll still earn the 900 points for dining, so you effectively used 19,100 points to offset the purchase. That means your points were actually worth 1.57 cents each!

Will you redeem points for past grocery and home improvement purchases today?

HT: WhiteWolf, via DDF

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36 Comments On "[Sapphire Preferred Will Lose Dining Category] Today Is The Final Day For Sapphire Pay Yourself Back On Groceries And Home Improvement Purchases, Here Are The New Categories Launching Tomorrow!"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Mike

So dinning is staying and grocery’s r being dropped ?

Yandmk

That stinks!
Massive devaluation IMNSHO

Mo

Can’t you still “pay yourself back” in the form of a statement credit at a 1:1 ratio?

Abey

I’ll keep my redemption with Hyatt. If that ever changes then I’ll consider cashing out

TC610

The old Ink Business Plus also loses Shipping, Home Improvement, and Internet/Cable/Phone tomorrow as well. Thanks for the reminder!

DF

Loses pay yourself back in those categories? Or loses 5x points in those categories?

TC610

Just in Pay yourself back

Zal

If I make a grocery charge today, will I be able to pay myself back after it posts, in a few days from now.
ie today is the last day to pay back, or the last day to make charges?

Zal

Most people don’t spend close to as much on Airbnb, as grocery and dining, so overall, this is a massive devaluation.
Back to the days of mileage brokers.

Sola

I’m currently between cards. Downgraded my previous CSP earlier this week to Freedom Flex and successfully applied for a new CSP. Is there a way to claim pay yourself back for my past eligible CSP purchases?

Chim

Can I pay back flights tomorrow?

JW

Ia today the last day to submit pay yourself back claims in those categories or is it that any purchases in those categories that you then submit later need to be made by today?

Y W

I would like to upgrade my freedom to a CSR today to take advantage of the grocery pay yourself back benefit, however some of my purchases were made this month and the 5x points for this quarter were not issued yet. Would I lose the 5x points by upgrading the card?

blert

Just paid myself back appx $1k. Yuuge thanks for the notice!

Christina Kingsley

Is it better to do this than use the points on the travel?

David

Do you have a link to pay myself back on the annual fee?

Thanks

Ely

It appears they will be changing the categories again in April. Im hoping for better luck then!

Ely

Meanwhile Anyone with a restaurant out there that can add gift cards to the menu?

Deal Guy

Was there no prior notice that yesterday was the last day for groceries? I’m just reading this post now…
Usually, you are very good with giving a few prior reminders, and then also putting one on the last day.
Thanks

bp27

This now makes booking an Airbnb a better use of points than booking a hotel or apt though Chase Ultimate Rewards. You get 3x points, and then can reimburse yourself at the same 1.5 rate as if you booked on Ultimate Rewards. If I am mistaken, please correct me.

Pinny

FYI, I just want to share my experience with one aspect of Pay Yourself Back. I had a CSR for the last 4 years. I downgraded to a Freedom Flex so I could take advantage of the 100K UR pts. Then I upgraded back to a CSR (with a different CC#). When my card was the original CSR I took advantage of Pay Yourself Back for the annual fee. Later when I downgraded to Freedom Flex I received a refund credit of the remains CSR Annual Fee. All that is good. Then when I upgraded back to CSR I was charged another $550, as expected. BUT, the new annual fee does not show up as eligible for PYB. I called twice and was told that since I had received reimbursement via PYB for one CSR Annual Fee, I could no longer get it on the 2nd Annual Fee l. I explained that the 2 cards were not even the same number though they were effectively the same account, but no luck yet.

Has anyone else gotten back the CSR Annual Fee after doing what I did?

Thank you.

Yisroel

Hi does the sapphire reserve still have pay yourself back on dining?. I spoke to chase and they didn’t mention it in the pay yourself back category

David Djmal

if i upgrade my freedom card today to a sphire reserve will i be able to redeem my points at 1.5 starting today?

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