Great news for Chase Southwest credit cardholders! You can now pay yourself back for dining purchases at a rate of 0.8 cents per point, with a limit of $200 in statement credits. Plus, you can also cover your annual fee at a rate of 1 cent per point using the new Pay Yourself Back feature. While redeeming for flights may offer more value, this option is perfect for those who have extra points or whose travel plans have changed.
You can find the Pay Yourself Back feature in your Chase login under Credit Card > More > Rewards Dashboard > My Dashboard > Scroll down to New! Pay Yourself Back. This feature is available until March 31, 2023, so start redeeming now!
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