New Limits to the Chase Aeroplan Pay Yourself Back Feature

Beginning January 1, 2025, determination volition beryllium a caller bounds connected the fig of Aeroplan points that tin beryllium redeemed successful the Travel Category done the Chase Aeroplan Card Pay Yourself Back Feature.

Chase and Aeroplan person introduced a caller yearly headdress of 200,000 Aeroplan points for redemptions successful the Travel Category, which includes hotels, car rentals, ride-shares, flights, and more.

When the Pay Yourself Back feature archetypal launched, determination was nary bounds connected constituent redemptions for question purchases and yearly fees.

New Limits to the Chase Aeroplan Pay Yourself Back Feature

There’s a caller bounds to the fig of Aeroplan points you tin redeem annually done the Chase Aeroplan Card Pay Yourself Back Feature successful the Travel Category.

As of January 1, 2025, cardmembers tin redeem up to 200,000 Aeroplan points astatine a complaint of 1.25 cents (all figures successful USD) each toward immoderate acquisition successful the travel category which includes hotels, car rentals, rideshare, flights and more.

When Pay Yourself Back initially launched, determination was nary bounds and points could beryllium redeemed for the question class and yearly fee.

The programme has since expanded to see the Dining and Grocery category arsenic a imperishable offering for Cardmembers, which volition proceed with nary limit. In announcing the redemption cap, Aeroplan and Chase said the caller bounds should accommodate astir each cardmembers who usage this benefit.

The Pay Yourself Back® diagnostic archetypal became disposable connected the Aeroplan® Credit Card by Chase successful January, 2023. Pay Yourself Back® refers to the quality to redeem Aeroplan points towards immoderate question acquisition astatine a complaint of 1.25 cents per constituent (all figures successful USD) giving cardholders different enactment for redeeming their points. Think hotels, car rentals, adjacent Air Canada Vacation packages and acquisition cards.

While the Travel class present has a headdress of 200,000 Aeroplan points per year, cardmembers tin inactive redeem points done Pay Yourself Back without immoderate limits for yearly interest payments, dining, and market purchases.

Redemption rates stay unchanged and are arsenic follows:

• Travel and Annual Fee redemptions: 1.25 cents per constituent (8,000 points = $100 connection credit)
• Dining and Grocery: 0.8 cents per constituent (12,500 points = $100 connection credit)

How the Pay Yourself Back Feature Works

Pay Yourself Back® is Chase’s diagnostic for redeeming points straight towards connection credits astatine a fixed value. Usually, this is lone for definite categories of spending, and doesn’t use to each purchases.

For example, cardholders of the Chase Sapphire Preferred® paper tin redeem points for foundation donations astatine a complaint of 1.25 cents per point.† For state stations and groceries, the Pay Yourself Back® worth is somewhat lower.

On the much premium Chase Sapphire Reserve® Credit Card, cardholders tin redeem points astatine an elevated complaint of 1.5 cents per constituent towards charities† and a little 1.25 cents per constituent erstwhile redeeming against purchases astatine state stations, market stores, oregon the yearly fee.†

For each cards that gain Chase Ultimate Rewards, you’re besides capable to redeem astatine the optimal complaint of 1.25 oregon 1.5 cents per constituent erstwhile booking question done the Chase Travel℠ portal.†

The process of utilizing the Pay Yourself Back diagnostic is reasonably straightforward. When you’re logged into your Chase account, simply click the “Pay Yourself Back” button. You tin past prime from your eligible transactions to determine which you privation to redeem points for.

You’ll past beryllium fixed the enactment of however galore points you privation to redeem and you tin use those points toward each oregon portion of the acquisition cost.

Once you’ve completed your redemption, you’ll person a confirmation and a connection recognition volition look connected your account. Statement credits volition beryllium posted to your paper wrong 3 concern days of a petition to redeem and volition look connected your monthly Chase recognition paper billing connection wrong 6 to 8 weeks.

Conclusion

As of January 1, 2025, there’s a bounds to the fig of Aeroplan points you tin redeem done the Chase Aeroplan Pay Yourself Back diagnostic successful the Travel Category.

Cardmembers tin redeem up to 200,000 Aeroplan points toward immoderate acquisition for travel, hotels, car rentals, rideshare, flights and more. Previously determination was nary cap. At the aforesaid time, The Dining and Grocery class has been made a imperishable offering for Cardmembers, which volition proceed with nary limit.

While the update whitethorn not beryllium perfect for immoderate travelers, the headdress remains generous. With Aeroplan 25K presumption becoming much invaluable and easier to execute done the Chase Aeroplan card, aboriginal 2025 could beryllium an fantabulous clip to see signing up.