What is the best value for Chase Ultimate Reward p... - myFICO® Forums

IcyCool7227 · ‎06-01-2024

I was wondering what is the best value for my Chase Ultimate Reward points. I have 1,255 points and there are gift cards that get up to 15% off and then there's Pay Yourself Back which is worth up to $15.69. If I don't want to redeem right now would the gift cards at 15% off for a lot more points be the best value then or still Pay Yourself Back? I am not sure how much of an exact percentage Pay Yourself Back is?

As of: 8/15/25:
EQ: 783 (prev. 798 on 1/10/25; 794 on 12/19/24; 781 on 9/20/24; 747 on 8/7/24; 781 on 7/1/24; 785 on 3/28/24. 778 on 2/6/24; 773 on 1/26/24; 750 on 1/7/24; 626 on 6/7/23 & 652 in April 2023) - FICO 8
EX: 766 (prev. 769 on 1/10/25; 767 on 10/26/24; 751 on 9/20/24; 729 on 8/7/24; 752 on 7/1/24; 761 on 755 on 2/6/24; 753 on 1/26/24; 732 on 1/7/24; 643 on 6/7/24; 619 in April 2023) - FICO 8
TU: 773 (prev. 768 on 1/10/25; 771 on 12/3/24; 756 on 9/6/24). - FICO 8.

Have:
- Amazon Prime Store Card: $10,000
- Amex Blue Cash Everyday (AU): $10,000
- Capital One Savor Cash Rewards: $3,600
- Chase Freedom Flex: $1,000
- Citi Custom Cash: $9,200
- Citi Double Cash: $8,000
- Citi Rewards +: $5,800
- Discover it Cashback: $2,500
- Kohl’s Charge: $3,000
- Mercury Rewards Visa: $4,390
- PayPal World Cashback MasterCard: $5,500

- Super Cash: Limit varies based on debit balance - doesn't show up in accounts anymore though on CRs.

Anonymous · ‎06-01-2024

@IcyCool7227 wrote:
I was wondering what is the best value for my Chase Ultimate Reward points. I have 1,255 points and there are gift cards that get up to 15% off and then there's Pay Yourself Back which is worth up to $15.69. If I don't want to redeem right now would the gift cards at 15% off for a lot more points be the best value then or still Pay Yourself Back? I am not sure how much of an exact percentage Pay Yourself Back is?

What are you planning to use Pay Yourself Back to do? It looks like the only option available on the Freedom cards is to redeem to select charities. If you want to do that, you get a 25% boost.

Otherwise, you can redeem for 1c per UR, or, if the gift cards meet your needs, getting them at 15% off isn't bad.

ptatohed · ‎06-02-2024

Discounted CGs or CB.

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

IcyCool7227 · ‎06-02-2024

No Pay Yourself Back is also for past transactions to redeem a certain amount back on. I later figured it was at 25% but wasn't sure. It's almost like a statement credit but with the points you earned.

As of: 8/15/25:
EQ: 783 (prev. 798 on 1/10/25; 794 on 12/19/24; 781 on 9/20/24; 747 on 8/7/24; 781 on 7/1/24; 785 on 3/28/24. 778 on 2/6/24; 773 on 1/26/24; 750 on 1/7/24; 626 on 6/7/23 & 652 in April 2023) - FICO 8
EX: 766 (prev. 769 on 1/10/25; 767 on 10/26/24; 751 on 9/20/24; 729 on 8/7/24; 752 on 7/1/24; 761 on 755 on 2/6/24; 753 on 1/26/24; 732 on 1/7/24; 643 on 6/7/24; 619 in April 2023) - FICO 8
TU: 773 (prev. 768 on 1/10/25; 771 on 12/3/24; 756 on 9/6/24). - FICO 8.

Have:
- Amazon Prime Store Card: $10,000
- Amex Blue Cash Everyday (AU): $10,000
- Capital One Savor Cash Rewards: $3,600
- Chase Freedom Flex: $1,000
- Citi Custom Cash: $9,200
- Citi Double Cash: $8,000
- Citi Rewards +: $5,800
- Discover it Cashback: $2,500
- Kohl’s Charge: $3,000
- Mercury Rewards Visa: $4,390
- PayPal World Cashback MasterCard: $5,500

- Super Cash: Limit varies based on debit balance - doesn't show up in accounts anymore though on CRs.

Anonymous · ‎06-02-2024

@IcyCool7227 wrote:
No Pay Yourself Back is also for past transactions to redeem a certain amount back on. I later figured it was at 25% but wasn't sure. It's almost like a statement credit but with the points you earned.

I think you are misunderstanding (and I used PYB on my CSR in the past). You can only get credit for transactions within the category, which is currently (and has been for ages) just select charities. So if you used your card to donate $125 to one of the select charities, you can redeem 100 UR and get full credit for the transaction, thus making those URs worth 1.25c each. If you don't have any such charity payments, you cannot use PYB for anything else.

redpat · ‎06-02-2024

@Anonymous wrote:
@IcyCool7227 wrote:
No Pay Yourself Back is also for past transactions to redeem a certain amount back on. I later figured it was at 25% but wasn't sure. It's almost like a statement credit but with the points you earned.
I think you are misunderstanding (and I used PYB on my CSR in the past). You can only get credit for transactions within the category, which is currently (and has been for ages) just select charities. So if you used your card to donate $125 to one of the select charities, you can redeem 100 UR and get full credit for the transaction, thus making those URs worth 1.25c each. If you don't have any such charity payments, you cannot use PYB for anything else.

+1

Having CSR PYB is currently for warehouse purchases and gas right now 1.25x and a waste IMO because it's 1.50x min for travel.

Personal Cards: Amex Delta Res | CSR | Citi AA Exec | Citi Strata Premier Business Cards: Ink+ | Amex BBP

What is the best value for Chase Ultimate Reward points?

What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

What is the best value for Chase Ultimate Reward points?

Get your FICO® Score for free

What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Re: What is the best value for Chase Ultimate Reward points?

Get your FICO Score for free