Chase announced today on the Freedom cards (all variations) a 10% Ultimate Rewards redemption bonus when redeeming Pay Yourself Back against Dining purchases. This bonus will begin July 2nd and end September 30th. There’s a maximum of $250 in redemptions which gets the bonus.
Hopefully you have the Sapphire Reserve card which has categories that earn a 50% bonus or a Sapphire Preferred card which has categories that earn a 25% bonus. If not, this 10% bonus will be useful for those who like cash redemptions.
Starting July 2nd, Chase Freedom, Freedom Flex, Freedom Unlimited, and Freedom Student cardmembers will have the option to apply Ultimate Rewards points to pay for all or a portion of their dining purchases up to a total of $250 and get paid back with statement credit through the Pay Yourself Back tool in the Chase Mobile App and online. Specifically, Ultimate Reward points will be worth 10% more when redeemed for up to $250 in dining purchases through September 30, 2021.