Chase Sapphire Reserve 1.15% Pay Yourself Back Categories: Grocery, Wholesale Clubs & More (Q4 2026)

Chase further reduced the usefulness of Pay Yourself Back on the Chase Sapphire Reserve card with the rate mostly down to 1.15%.

• At one point we were getting 1.5 cents per point cashout options.
• For a while it’s been 1.25 cents per point.
• In Q3 2026, they lowered it to mostly just 1.20% cashout.
• Starting 10/1/26, they lowered it further with the main categories offering just 1.15% cashout via Pay Yourself Back.

Higher options still remain – here are all the options for Q4 2026:

• Grocery 1.15 cents per point 
• Wholesale Clubs 1.15 cents per point
• Department Stores 1.20 cents per point
• Annual Fee remains 1.25 cents per point
• Select Charities remains 1.5 cents per point

The categories themselves are good, but lowering down to 1.15 cents is a hit. You can see the previous categories (expired) in this post. 

We did a separate post with the Pay Yourself Back categories on all other Chase cards; I assume all of those remain the same for Q4 2026 and beyond. If anyone sees a change, please let us know. 

Hat tip to reader Eric