Chase has sent out an e-mail to Ink cardholders offering the ability to cashout points via Paypal. Unfortunately you only get 0.8¢ per point, making this pointless as you can redeem for statement credit at 1¢ per point. I’m actually a bit surprised Chase is even offering this as it’s sure to leave a bad taste in business owners mouth when they eventually realize they could get 1¢ per point.
Hat tip to mikep4
Source: doctorofcredit.com