Subscribe

Get Started

Learn more about Credit Cards, Travel Programs, Deals, and more.

Start Here
Credit Cards
Chase

Chase Southwest Cards Get ‘Pay Yourself Back’ Feature

DDG
DDG

Enjoy MtM's content? Shop Amazon and we earn a commission!

Find all of the latest deals.
Shop now!
This post may contain affiliate links - Advertiser Disclosure. As an Amazon Associate, we earn from qualifying purchases.

Chase Southwest Cards Get ‘Pay Yourself Back’ Feature

Chase has offered a ‘Pay Yourself Back’ feature for Sapphire, Ink and Freedom cards for a couple of years now. It was then added to the Aeroplan credit card.

And now the latest family or credit cards to get this feature are Chase Southwest cards. Southwest cardholders now have the option to redeem Rapid Rewards points to cover select purchases.

The feature was added over the last few days and can be used for the following transactions only:

  • to cover the credit card annual fee at a value of 1 cent per point
  • to cover dining purchases at a value of 0.8 cents per point. This option is inly available through 3/31.23, and for up to $200 in purchases.

The annual fee option has no expiration date, which probably means that this will be an ongoing Pay Yourself Back option for Southwest cardholders. Dining is only available through the end of the month and limited to $200. After that, I would guess that we will see a different category.

While it’s great to see more cards become eligible for Pay Yourself Back, the redemption value is not exciting at all. It maxes out at 1 cent per point when you redeem points for the annual fee. But you can always do a little better than 1 cent per point when redeeming for Southwest award fares.

If you plan to use Pay Yourself Back on your Southwest card, here’s how to find this new feature:

  1. Go to Chase Southwest card account online.
  2. Click ‘More’ and choose ‘Rewards dashboard’.
  3. Find the ‘Earn / Use’ section and choose “Use Rapid Rewards points with Pay Yourself Back’.

HT: Frequent Miler

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

Lower Spend - Chase Ink Business Preferred® 100K!

Chase Ink Business Preferred® is a powerful card that earns 3X Ultimate Rewards points in a broad range of business categories on the first $150K in spend per year. Right now earn 100K Chase Ultimate Rewards points after $15K $8K spend in the first 3 months with a $95 annual fee.

Learn more about this card and its features!

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related

7,703FansLike
9,903FollowersFollow
16,444FollowersFollow

At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

Disclaimer - Miles to Memories & the author are not credit providers and do not provide personal financial or professional advice or credit assistance. The information published on this site/page is of a general nature only and does not consider your personal objectives, financial situation or particular needs.

All information published here is personal opinion and comes from personal experience. The information published on this site/page should not be relied upon as a substitute for personal financial or professional advice. ESR Media, LLC, Miles to Memories and the author strongly recommend that you seek independent advice before you apply for any product or service, which is described on the site/page.

Editorial Note - Opinions expressed here are the author's alone, not those of any partner bank, credit card issuer, hotel, airline, or other partner. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.