Chase Adds Charities to “Pay Yourself Back” Program

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The Chase “Pay Yourself Back” program first launched in May to give cardholders additional redemption options for their Ultimate Rewards Points. The program allows Chase Sapphire cardholders to use points towards statement credits to offset grocery store, dining, and home improvement purchases. Now Chase is adding a new feature to the program: charities. Here’s what you need to know about the new Chase “Pay Yourself Back” charities redemption options.

Donate Chase Ultimate Rewards Points for a Good Cause

Both Chase Sapphire Reserve and Chase Sapphire Preferred cardholders can now redeem and donate their Ultimate Rewards points to charity. Donating points to charity offers extra value – with cardholders getting 1.5 cents per point ($0.015/pt.) for the charity of their choosing (from a list of 11).

With the other redemption options, Chase Sapphire Reserve cardholders get 1.5 cents/per point in value, while Preferred cardholders get 1.25 cents per point. This means that Sapphire Preferred cardholders can give just as generously, despite the significantly lower annual fee they pay vs. the Reserve.

Eligible Pay Yourself Back Charities

The initial roll-out of the charity redemption option offers eleven causes for cardholders to choose from:

  • Feeding America
  • World Central Kitchen
  • Habitat for Humanity
  • Equal Justice Initiative
  • Leadership Conference Education Fund
  • NAACP Legal Defense and Educational Fund
  • National Urban League
  • Thurgood Marshall College Fund
  • United Negro College Fund
  • International Medical Corps
  • American Red Cross
  • United Way

Program Terms and Conditions

Chase recommends making any donations to the chosen charity’s parent or national organization directly. Chase says they cannot guarantee that a local branch of the charity is eligible for the charitable donation redemption.

The Chase Pay Yourself Back program is currently a limited-time feature. According to the Chase, the program will run through September 30, 2020. While Chase is presently listing the program to end by October, it may reconsider its stance. Given the continuing impact of the coronavirus pandemic on travel and finances, it would not be surprising to see the program extended through the rest of 2020.

Related Article:  American Express Launches New Shop Small Program

About: Cory
Cory Santos

Cory is's "Jack of all trades" and resident credit expert, covering all facets of the credit card space. Cory holds academic degrees in both the U.S. and U.K. In addition to credit cards, Cory finds that jogging, cats, and memes are essential parts of a balanced day.

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