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Chase Sapphire Reserve - Pay Yourself Back - New Categories added

+22 Deal Score
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New categories for 50% more points value:
Annual membership fee (valid until 12/31/21),
Fund a Vaccine Ride with Lyft (valid until 9/30/21)

Existing categories:
Dining (valid until 9/30/21),
Grocery Stores (valid until 9/30/21),
Home Improvement Stores (valid until 9/30/21),
Select Charities (valid until 12/31/21)
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Created 05-02-2021 at 03:26 AM by dcguy703
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#2
I don't see "New categories for 50% more points value:
Annual membership fee (valid until 12/31/21)", is there a reason?
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#3
You don't normally accrue points for annual membership fee so 0 x 0.5 = 0 lol

Edit: see explanation below
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Last edited by doboy007 May 2, 2021 at 08:28 AM.
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#4
Loving these categories, hope they stick around after the COVID pandemic ends. The 50% extra on eating out has been invaluable. My wife and I recently got our Sapphire bonuses (she got preferred, I got reserve) and combined the points. We're sitting on 150,000 points. Going to Hawaii in a couple of weeks and that should be enough to pay for all the meals on our trip and then some.
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Last edited by giantbruin May 2, 2021 at 08:39 AM.
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#5
Quote from giantbruin :
Loving these categories, hope they stick around after COVID ends. The 50% extra on eating out has been invaluable. My wife and I recently got our Sapphire bonuses (she got preferred, I got reserve) and combined the points. We're sitting on 150,000 points. Going to Hawaii in a couple of weeks and that should be enough to pay for all the meals on our trip and then some.
Good luck with car rental.
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#6
Quote from thund3rcat :
Good luck with car rental.
Already got one reserved.
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Our community has rated this post as helpful. If you agree, why not thank ?
#7
Quote from doboy007 :
You don't normally accrue points for annual membership fee so 0 x 0.5 = 0 lol
Dont think you understand. Say you are charged annual sapphire reserve fee of $450. Previously you could only pay that off as you would normally by paying off your monthly cc statement using your bank account.
But now you can pay it off using your points which are valued 50% more. So to pay off the $450 membership fee you would only need to use 30,000 points.
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#8
Quote from giantbruin :
Loving these categories, hope they stick around after COVID ends. The 50% extra on eating out has been invaluable. My wife and I recently got our Sapphire bonuses (she got preferred, I got reserve) and combined the points. We're sitting on 150,000 points. Going to Hawaii in a couple of weeks and that should be enough to pay for all the meals on our trip and then some.
Covid is not ending lol
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#9
Quote from dcguy703 :
Dont think you understand. Say you are charged annual sapphire reserve fee of $450. Previously you could only pay that off as you would normally by paying off your monthly cc statement using your bank account.
But now you can pay it off using your points which are valued 50% more. So to pay off the $450 membership fee you would only need to use 30,000 points.
Ah, got it. Thanks!
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#10
Quote from thegman230 :
Covid is not ending lol
COVID won't but the pandemic will.
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#11
Quote from dcguy703 :
Dont think you understand. Say you are charged annual sapphire reserve fee of $450. Previously you could only pay that off as you would normally by paying off your monthly cc statement using your bank account.
But now you can pay it off using your points which are valued 50% more. So to pay off the $450 membership fee you would only need to use 30,000 points.

I paid my annual fee 2 months ago with money, but they still let me use the pay yourself back on it. I was sitting on 400k points last month, but this program is basically giving me free money. I love it.
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#12
Attached annual fee redemption PYB
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#13
good promo for points
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#14
My annual fee was on Dec 2020 and I don't see the transaction listed
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#15
Quote from vaiof1 :
My annual fee was on Dec 2020 and I don't see the transaction listed
Think there's a 90 day limit.
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