Since January 1st, the Chase INK Plus and Preferred cards have added Office Supply as an eligible Pay Yourself Back category for the 1.25% redemption rate. This will be valid through March 31, 2022.
Old news here, but I realized we never covered it when they removed the Shipping category at the end of 2021 and put the Office Supply category instead. All available PYB categories on the INK Preferred card:
- Internet, cable, and phone services
- Advertising
- Select charities
- Office Supply
Office Supply is a category which is easy to use in bulk with a gift card purchase, and it might be useful to some, especially on the INK Plus card which anyway earns 5x there. Sapphire Reserve cards have the higher 1.5% redemption rate, but the categories there might not be easy for everyone to maximize.
Source: doctorofcredit.com