Chase has added the $550 Annual Fee as an addition to the charges which can be redeemed via PayYourselfBack at 1.5 cents-per-point on the Sapphire Reserve card. Valid until 12/31/21.
This addition isn’t the biggest deal currently since most people can easily spend on grocery/dining and get 1.5 PYB that way, but still a nice addition, for sure.
I assume this annual fee offset is an option at 1.25 cents-per-point on the Sapphire Preferred and INK Preferred cards as well.
Full list of PYB categories as of May 2021:
- Annual fee
- Grocery stores
- Home Improvement stores
- Select charities
- Fund a vaccine ride with Lyft