loan transfer to chase

Please update your browser.

We don't support this browser version anymore. Using an updated version will help protect your accounts and provide a better experience. 

Update your browser

We don't support this browser version anymore. Using an updated version will help protect your accounts and provide a better experience.

We’ve signed you out of your account.

You’ve successfully signed out

We’ve enhanced our platform for chase.com. For a better experience, download the Chase app for your iPhone or Android. Or, go to System Requirements from your laptop or desktop.

Resources to help manage your new Chase mortgage account

Please turn on javascript in your browser.

It appears your web browser is not using JavaScript. Without it, some pages won't work properly. Please adjust the settings in your browser to make sure JavaScript is turned on.

Welcome to Chase

We're glad you're our customer

• Introduction
• Payment options

Manage your mortgage

Your loan will begin transferring to chase on august 1, 2022 ., important dates included in your transfer letter:.

• The date your loan transfers to Chase is 8/1/2022 .
• The last day your current loan servicer can accept your payments is 7/31/2022 .
• The first day Chase can accept your payments is 8/1/2022 .
• By 8/11/2022, the transfer process will be complete and you can make a payment on Chase.com

Other important information about your transfer.

The transfer process will take about 10 days to complete after 8/1/2022 . During this time you won’t have access to your account with your current loan servicer or your new Chase Home Lending account. We'll send you a letter with full details prior to 8/1/2022 . Here’s what to expect:

• We understand your payment may be due on 8/1/2022 . You can make your payment on  8/8/2022  online at chase.com , by phone at 1-833-729-2427, or in a Chase branch .
• Don’t worry if your payment isn’t made on 8/1/2022 , you’ll have extra time to make this payment, once your account is fully transferred. You won’t be charged a late fee.
• If you're currently scheduled for automatic mortgage payments, refer to your transfer letter to see if that service will be transferred to Chase.
• If you’re new to Chase, you’ll just need your new Chase loan number and your social security number to set up your chase.com account. Get started now .
• If you already have a Chase account, your new Chase mortgage account will be added. You’ll be able to sign in and see it by 8/8/2022 .

Ways to pay your mortgage

Chase branch, by mail or by phone.

You can make your mortgage payment online, at a Chase branch, by mail, or by phone. To see payments received and posted to your account on or after the 'Live on chase.com' date included in your transfer letter, enroll or  sign into  your account.

Automatic mortgage payments

After your chase.com live date you can set up automatic payments with us at  chase.com/FlexPay . Go to chase.com/CheckingCoupon to learn more about checking account options available.

Payments made to your current loan servicer

If your current loan servicer receives your next payment on or shortly after your transfer date, they'll forward it to us. We won't charge you a late fee for this delay or report your payment as being late to the credit reporting agencies.

Make sure your future payments go to Chase, including payments from online bill pay and payment services.

For additional information on ways to make your mortgage payment, go to chase.com/WaysToPay

Better together

Watch and see all the great reasons to complement your Chase home loan with a Chase checking account.

Sign in or sign up at chase.com/MyMortgage to see your account on or after your chase.com live date.

Get an in-depth view of your mortgage, your home and neighborhood values.

Choose the alerts you find helpful to manage your account.

Switch to paperless statements with a statement reminder.

You can set up automatic mortgage payments.

If you have an escrow account for tax and/or insurance payments, your account will transfer to us. We'll manage your account and make your tax and/or insurance payments for you.

We may conduct your Annual Escrow Analysis at a different time of the year than the analysis previously provided by your current loan servicer. Please be assured that we'll let you know about any changes to your escrow account.

Go to chase.com/escrow to find out when to expect your annual analysis.

Frequently Asked Questions

What's happening.

On August 1, we'll start servicing your mortgage loan. That means we’ll process your payments.

Why is the servicing of my loan being transferred to Chase?

Your prior servicer chose to sell the servicing of your loan to us, which is a common practice in the mortgage industry. We’re happy to have you as a customer and look forward to providing you with the best-in-class service. We’ll work to make this transition as seamless as possible for you.

Is my loan number changing?

Yes; we have given you a Chase loan number. You can find it on the first page of the welcome letter sent to you in the mail.

Are the terms of my loan changing?

No; this change doesn’t affect the terms, such as interest rate and length of your loan. It does affect who processes your payments.

I previously authorized my previous servicer to share information about my loan with a third party. Is that authorization still valid for Chase?

No; to share loan information with a third party, please contact us.

Where can I find information about refinancing my mortgage?

We have a number of refinance options and special programs available. To learn more, please go to chase.com/refinance .

When should I start making my mortgage payments to Chase?

Please start making your payments to us beginning August 1. You can mail your payment to P.O Box 78420 Phoenix, AZ 85062-8420.

You’ll be able to schedule future payments with us at www.chase.com/WaysToPay or using the Chase Mobile ® app starting August 8.

What if I have scheduled payments with previous servicer after August 1?

They'll cancel any payment made on or after August 1.

What if I have already mailed my payment to my previous servicer?

Your previous servicer will forward any payment received on or after August 1, to us for the first 60 days. Please update your payment addresses ASAP to avoid delays.

Will I be charged any late fees if my payment is delayed because of this transfer?

No; we want this change to be as easy as possible for you, so we won’t treat payments as late or charge late fees if your previous servicer forwards them to us through during the first 60 days after transfer. For a guide to mortgage benefits, fees and costs, go to chase.com/HomeLendingFees .

Will my ACH from my previous servicer transfer to Chase?

You can review your Welcome Letter to validate your ACH status during the transfer.

Is Bill Pay the same as ACH and will it transfer?

No, they are different. ACH is set up through Chase directly or prior servicer and the customer agrees to have Chase or the prior servicer draft the payment. Bill payment is set up through a 3rd-party service and the customer controls the payment, amount and payee. Please update your bill payment to Chase, P.O. Box 78420 Phoenix, AZ 85062-8420.

Online and mobile access

When can i see my loan or make a payment at chase.com  and on the chase mobile ® app.

You can see your chase.com account and make a payment online or on our mobile app starting September 11 . Customers who already use chase.com for any account can sign in using the same user ID and password. If you’re a new customer, sign up at chase.com in a few easy steps or text MOBILE to CHASE (24273) to download the mobile app

You can also download Chase Mobile from your smartphone’s app store or at chase.com/mobile . For security purposes, you must be enrolled in Chase Online℠ to access account information and make payments through the app.

Can I continue to access my loan with previous servicer?

No, not after August 31. We recommend that you print and save any information or documents you may need by this date.

Year-End Tax Statements

How will this change affect my tax statements.

You’ll receive two IRS Form 1098 (Mortgage Interest Statement) year-end statements—one from your previous servicer and another from us unless the transfer occurs on January 1st. Previous servicer’s statement will show the mortgage interest and taxes paid while they serviced your loan. Our statement will show this information from September 1 through the end of the year.

I have an escrow account. Will it transfer to Chase?

Yes, we’ll transfer your escrow account to pay your taxes, homeowners insurance or both.

I don’t have an escrow account. Am I required to have one?

Escrow accounts are only required for certain mortgages. If you don’t have one, you must pay your taxes and/or homeowners insurance by their due dates. If you would like to set up an escrow account with us, please call us.

Before September 1 please continue to call your previous servicer for loan-related questions.

Beginning September 1 , you can call us at 1-800-282-5744. We’re here to help Monday through Friday from 8 AM to 8 PM and Saturday from 9 AM to 6 PM Eastern time.

Please note:

• During the first 5-7 business days after transfer, we’ll only be able to answer general servicing transfer questions while we complete the transfer.
• On or after that, we can answer more specific questions about your loan details, payments, or escrow.

Authorization to release information to a third party

If you're authorizing a third party to access information on your account, download the Authorization to Furnish and Release Information form (PDF) and mail or fax to the address listed.

Get information about your loan transfer to Chase

1-800-282-5744

Chase Survey

Your feedback is important to us. Will you take a few moments to answer some quick questions?

You're now leaving Chase

Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. Chase isn’t responsible for (and doesn't provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the Chase name.

How to do a balance transfer with Chase

• How to do a balance transfer Previously Read 6 min read
• How to do a balance transfer with American Express Previously Read 6 min read
• How to do a balance transfer with Bank of America Previously Read 7 min read
• How to do a balance transfer with Capital One Previously Read 5 min read
• How to do a balance transfer with Chase Currently Reading
• How to do a balance transfer with Citi Previously Read 7 min read
• How to do a Discover balance transfer Previously Read 6 min read
• How to do a balance transfer with Wells Fargo Previously Read 6 min read
• Best Balance Transfer Credit Cards of 2023 Learn More

Advertiser Disclosure

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.

Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.

• Share this article on Facebook Facebook
• Share this article on Twitter Twitter
• Share this article on LinkedIn Linkedin
• Share this article via email Email

• Connect with Dan Rafter on LinkedIn Linkedin

The Bankrate promise

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here's an explanation for how we make money . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

At Bankrate, we have a mission to demystify the credit cards industry — regardless or where you are in your journey — and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to:

• Meet you wherever you are in your credit card journey to guide your information search and help you understand your options.
• Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions.
• Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you.

At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next.

Editorial integrity

Bankrate follows a strict editorial policy , so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.

Key Principles

We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.

Editorial Independence

Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.

How we make money

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.

Bankrate follows a strict editorial policy , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.

We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.

Key takeaways

• If you want to consolidate high-interest credit card debt, transferring a balance to a Chase credit card with an intro APR offer could help you to save on interest for a limited time and pay down your debt faster
• You can transfer a balance to an eligible Chase credit card after you're approved during the application process or if you're eligible for a balance transfer offer through an existing account
• Some of the best Chase balance transfer credit cards include the Chase Slate Edge℠, Chase Freedom Unlimited® and Chase Freedom Flex℠

Balance transfer credit cards can be a valuable tool if you’re stuck paying off credit card debt with a high APR. After all, the right balance transfer card can help you consolidate and pay down debt with zero interest for a limited time, which could help you pay off debt faster and potentially save hundreds of dollars per month.

If you’re hoping to ditch debt this year and start working toward a better financial future, then a Chase credit card with an intro APR offer could be exactly what you need.

What to know before transferring a balance with Chase

There are several important things to note before you request a balance transfer with Chase:

• There is no guarantee that your balance transfer request will be approved.
• You are not allowed to transfer debt from one Chase card to another Chase card.
• Balance transfers aren’t free. On most Chase cards, you’ll be charged a 3 percent intro balance transfer fee (minimum $5) of the amount you transfer, so be sure to add that amount to your total balance to pay off.
• You must transfer a balance within 60 days of account opening to qualify for the intro balance transfer fee. After that, you may be subject to a higher balance transfer fee of 5 percent (minimum $5).
• If you are approved for a Chase card, you cannot transfer more than your available credit limit with Chase. If you try to transfer an amount that’s greater than your credit limit, Chase will either decline the transfer request or approve a smaller amount for transfer.

Whether you opt to make your balance transfer online or over the phone, transferring a balance to a Chase card is fairly simple.

How to transfer a balance to a new Chase card

Before applying for a new Chase balance transfer card, keep in mind that you must be approved for the account before you can fill out a balance transfer request.

• Select the Chase credit card you’re interested in and click “Apply Now.”
• Fill out the application and click “Submit.”
• Once you’re approved, you’ll need to request a balance transfer and provide additional information, such as the account number of the old card you want to transfer a balance from, the card issuer name and the amount you want to transfer.
• Follow the prompts, accept the terms and conditions, and submit.

How to transfer a balance to an existing Chase card

If you want to transfer a balance to an existing Chase card, follow these steps:

• Log in to your Chase account.
• Go to the credit card for which you’d like to transfer a balance and see if you’re eligible for any balance transfer offers.
• If you’re eligible for a balance transfer offer, enter the details of your transfer, including the account number of the credit card you want to move a balance from and the amount you want to transfer.
• Confirm you have read the terms and conditions and follow the prompts to initiate the transfer to your Chase credit card.

If you prefer to transfer balances with help from a customer service representative, call the number on the back of your credit card to get started.

What to know after requesting a balance transfer with Chase

You can log in to your Chase account to see if the balance transfer has taken place. Keep in mind it can take up to 21 days for Chase to process your balance transfer, so make sure to give it some time. While you wait, continue making on-time payments to all of your credit card accounts to avoid late fees and penalties.

Also, once the balance has been transferred to your Chase card, make sure to check your old account to confirm that the full amount of the transfer has taken place. If your old account still has a small balance and you don’t pay your bill, you could face late fees and damage to your credit score.

Learn more : What happens to your credit card after a balance transfer?

Best Chase balance transfer credit cards

Chase slate edge.

The Chase Slate Edge℠ comes with no annual fee and a 0 percent intro APR offer for 18 months on balance transfers and purchases (20.49 percent to 29.24 percent variable APR thereafter). Additionally, note that a 3 percent intro balance transfer fee (minimum $5) applies to transfers made within 60 days of account opening. After that, a 5 percent balance transfer fee (minimum $5) applies.

The card does not include any rewards or welcome offers. However, cardmembers are rewarded for responsible payment history: Each year that you charge $1,000 to your account and make consistent on-time payments, Chase will consider lowering the APR by 2 percent — a relatively rare perk in the credit card industry (additional terms apply).

Chase Freedom Unlimited

The Chase Freedom Unlimited® * credit card is another good option to consider . It offers a 0 percent intro APR offer on balance transfers and purchases for 15 months after opening your account (variable APR of 20.49 percent to 29.24 percent after). Balance transfers completed within the first 60 days are subject to a 3 percent intro balance transfer fee (minimum $5). After that period is up, a 5 percent balance transfer fee (minimum $5) will apply for each transfer.

This card also includes no annual fee, a solid rewards program and a welcome offer. You’ll earn 5 percent cash back on travel purchased through Chase Ultimate Rewards , 5 percent cash back on Lyft purchases (through March 31, 2025), 3 percent cash back on dining and drugstore purchases and 1.5 percent cash back on all other purchases. As for the welcome offer, you’ll earn an extra 1.5 percent cash back on top of all cash back category rates on up to $20,000 in purchases for the first year (offer through Bankrate). That’s 6.5 percent on Lyft rides and Chase travel, 4.5 percent on dining and drugstores and 3 percent on all other purchases.

Chase Freedom Flex

The Chase Freedom Flex℠ * is another smart choice for a balance transfer. It, too, comes with no annual fee and a 0 percent intro APR offer on balance transfers and purchases for the first 15 months (variable APR of 20.49 percent to 29.24 percent after). Like with the Chase Slate Edge and Chase Freedom Unlimited, balance transfers completed in the first 60 days will include an intro balance transfer fee of 3 percent (minimum $5). Any balance transfers made after the first 60 days will be subject to a 5 percent balance transfer fee (minimum $5).

This card also comes with a welcome offer of $200 cash back after spending $500 within the first three months. As for the rewards program, you’ll earn 5 percent cash back on activated bonus category purchases each quarter (on up to $1,500 in purchases, then 1 percent back). You’ll also earn 5 percent cash back on Chase Ultimate Rewards travel purchases , 5 percent cash back on Lyft purchases (through March 31, 2025), 3 percent cash back on dining and drugstore purchases and 1 percent cash back on all other purchases.

Learn more : How to choose a balance transfer credit card

FAQs for Chase balance transfers

How long do chase balance transfers take, how often can you transfer a balance with chase, can you transfer a balance from one chase card to another, do chase balance transfers qualify for rewards, the bottom line.

If you want to consolidate high-interest credit card debt, transferring a balance to a Chase credit card with an intro APR offer could help you to save on interest for a limited time and pay down your debt faster.

However, before choosing a balance transfer card, be sure to compare all of the best balance transfer offers on the market today. Some cards offer much longer intro APR periods than others, and you may be able to find an intro offer for purchases , among other benefits.

*The information about the Chase Freedom Unlimited® and Chase Freedom Flex℠ has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.

How to do a balance transfer with Citi

How to do a Discover balance transfer

How to do a balance transfer with Wells Fargo

Best Balance Transfer Credit Cards of 2023

Shop for Car Insurance

Other Insurance Products

Types of mortgages

Calculators

Find & Compare Credit Cards

Cards with Rewards

Cards for a Purpose

Cards for Building Credit

Credit Card Reviews

Understanding Credit & Score

Student Loans

Paying for College

Personal Finance for College Students

Life Events

How To Do a Balance Transfer With Chase

Executing a balance transfer with Chase is relatively straightforward once approved, and it can result in significant interest savings if you pay your transferred debt in time.

Advertising & Editorial Disclosure

Rajiv Baniwal

Lee Huffman

On This Page:

• Chase Balance Transfer Eligibility
• How To Do a Balance Transfer
• How Long Does a Transfer Take?
• Chase Balance Transfer Reminders

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Chase offers a convenient solution to managing debt: a balance transfer. This mechanism lets you shift your debt from a high-interest credit card to a Chase credit card with a more favorable rate. While Chase generally charges a balance transfer fee — typically 3% to 5% of the transferred amount — the potential savings from the lower interest rate can outweigh this cost.

When conducting a balance transfer , it's important to remember that after the 0% introductory APR period, the APR will increase to the standard rate. The regular APR will depend on your creditworthiness and the card terms. So, if you're considering a balance transfer to a Chase card, make sure you have a plan to pay off as much of your debt as possible during the introductory period to maximize your savings.

• Chase offers an introductory 0% APR for up to 18 months on some cards. After this period, the regular APR will apply.
• Chase charges a balance transfer fee of 3% to 5% of the transferred amount.
• Chase may take up to 21 days to approve your balance transfer request.

Eligibility for a Balance Transfer with Chase

If you're considering a balance transfer to a Chase credit card, it's important to understand the eligibility criteria.

First, you need to have a Chase credit card. You must be at least 18 years old and have a valid Social Security number to apply. You also must be a U.S. citizen, U.S. permanent resident, or have a valid long-term visa.

Chase, just like any other card issuer, will check the following:

• Credit score : Credit score plays a significant role in your eligibility. Chase prefers applicants with good to excellent credit scores — typically 670 or above. However, the exact credit score required can vary depending on the specific card you're applying for.
• Current debts : Existing debts are another critical factor. If you have a high debt-to-income ratio, it could decrease your chances of approval. This is because Chase, like most lenders, views a high ratio as an indicator of financial risk. Chase also looks at your payment history. If you have a history of late or missed payments, it may affect your eligibility.
• Income : Chase will also check your income and current employment. Its findings will determine the credit limit it will offer.

Register your balance transfer card or create an online account through the Chase mobile app. From there, you can check your eligibility for a balance transfer. Select the credit card to which you want to transfer the balance and check for any offers. Similarly, you can call Chase's customer service line or visit one of their branches to apply.

After checking your eligibility, initiating a balance transfer is fairly straightforward:

Choose a balance transfer card

Visit the Chase website or mobile app and select the credit card you want to transfer to.

Request the balance transfer

Navigate to “Transfer a Balance” and fill in the details of the debt you wish to transfer, including the account numbers and the amount.

The approval process typically includes verifying your information and confirming the details of the debt you're transferring. If everything checks out, Chase will approve your transfer.

Alternatively, you can initiate a balance transfer over the phone or at a branch. While the process may differ, the requirements remain the same.

Be careful when transferring a large balance to a new credit card. If the transferred balance is close to the new card's limit, this high utilization ratio could hurt your credit instead of helping it. However, the interest savings may be worth the short-term hit to your credit score. Your score will improve as you pay down the balance and lower your credit utilization. — Lee Huffman, credit card expert at BaldThoughts.com

How Long Does a Balance Transfer Take With Chase?

The timeline for a balance transfer can vary, but typically, it can take one to three weeks. Chase will notify you when the transfer is complete, and you can check the status at any time through your online account.

During this period, ensure that you continue making payments on your old account until you receive a confirmation that Chase has completed the transfer. Waiting for this notice will prevent any possible late fees or penalties that may impact your credit score.

What To Know Before Requesting a Balance Transfer

Carrying out a balance transfer with Chase is a powerful strategy to manage high-interest credit card debt. Here are a few reminders to note before you initiate the transfer:

• The total amount you can request to be transferred online or over the phone cannot exceed $15,000 during any 30-day period.
• While good or excellent credit might qualify you for a balance transfer card from Chase, it does not guarantee approval of your balance transfer request.
• You cannot transfer balances from one Chase account to another.
• Balance transfers do not earn cash back, rewards or rebates.

Understanding balance transfers with Chase involves more than just moving money from one card to another. It's a strategic tool that can help manage debt and carve a path to financial stability when used responsibly. As you navigate this process, remember the importance of eligibility, thoughtful execution and adherence to your repayment plan.

FAQs About Chase Balance Transfers

While we've highlighted the key points about Chase balance transfers, we understand you may still have additional or specific questions. We've prepared a list of the most commonly asked questions about Chase balance transfers just below:

.css-uttm9k{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;width:100%;outline:2px solid transparent;outline-offset:2px;transition-property:var(--chakra-transition-property-common);transition-duration:var(--chakra-transition-duration-normal);font-size:var(--chakra-fontSizes-md);-webkit-padding-start:var(--chakra-space-4);padding-inline-start:var(--chakra-space-4);-webkit-padding-end:var(--chakra-space-4);padding-inline-end:var(--chakra-space-4);padding-top:var(--chakra-space-2);padding-bottom:var(--chakra-space-2);}.css-uttm9k:focus-visible,.css-uttm9k[data-focus-visible]{box-shadow:var(--chakra-shadows-outline);}.css-uttm9k:hover,.css-uttm9k[data-hover]{background:var(--chakra-colors-blackAlpha-50);}.css-uttm9k:disabled,.css-uttm9k[disabled],.css-uttm9k[aria-disabled=true],.css-uttm9k[data-disabled]{opacity:0.4;cursor:not-allowed;} .css-tyeho8{-webkit-flex:1;-ms-flex:1;flex:1;text-align:left;font-family:Brandon Grotesque;font-weight:var(--chakra-fontWeights-bold);line-height:26px;font-size:20px;} Can I transfer balances from multiple credit cards to a single Chase card? .css-186l2rg{width:1em;height:1em;display:inline-block;line-height:1em;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;color:currentColor;opacity:1;-webkit-transition:-webkit-transform 0.2s;transition:transform 0.2s;transform-origin:center;font-size:1.25em;vertical-align:middle;}

Yes, you can transfer balances from multiple cards to one Chase card, as long as the total transferred balance and the balance transfer fees don't exceed your credit limit.

Can I still use my Chase card for purchases while paying off a balance transfer?

Yes, you can still use your Chase card for purchases. However, be mindful that these new purchases will be subject to the standard APR unless there's a 0% APR promotional period for purchases on your card.

How does a balance transfer affect my credit score?

A balance transfer can temporarily lower your credit score due to the hard inquiry from applying for a new card. It can also affect your credit utilization ratio, which might impact your score. However, if managed well, a balance transfer can help improve your credit score in the long run by helping you pay off debt more quickly.

Can I still earn rewards on my Chase card after a balance transfer?

Yes, you can still earn rewards on new purchases made with your Chase card. However, balance transfers themselves do not earn reward points.

Can I transfer a loan balance to a Chase card?

Yes, you can transfer unsecured loan balances to a Chase card. Confirm this with Chase customer service, and remember to consider any balance transfer fees and the impact of the APR after the introductory period.

Chase Sapphire Preferred® Card Review

About Rajiv Baniwal

Rajiv Baniwal is a journalist who has been covering financial topics for over 15 years. Meticulous in his research, he provides accurate and up-to-date information. His expertise includes mortgages, loans, credit cards, insurance and international money transfers.

• Credit cards
• View all credit cards
• Banking guide
• Loans guide
• Insurance guide
• Personal finance
• View all personal finance
• Investing + Retirement
• Small business
• View all small business

You’re our first priority. Every time.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners .

My Chase Plan and My Chase Loan: What They Are and How They Work

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

Ideally, you pay your credit card balance in full each month to avoid interest charges — but unexpected expenses happen. Chase’s two "flexible financing offers," which launched in 2019, give cardholders additional choices when they have a balance to repay.

These offers may not be available on all Chase cards at all times, and they do come with fees or interest, so it's worth reading the fine print and comparing them to alternatives.

» MORE: Card issuers are offering cheaper ways to access your credit line

My Chase Plan

My Chase Plan is in some ways similar to American Express' Pay It Plan It® feature and elements of a Citi Flex Plan . My Chase Plan allows you to repay a purchase of $100 or more in equal monthly payments for a set monthly fee. The monthly fee is based on factors including the purchase amount and the length of time you have to pay off the purchase. Plans can range from three to 18 months, and you can have up to 10 active or pending plans on your account at one time.

Available on most of Chase’s consumer credit cards.

No interest charged on your plan.

If your card offers, separately, a 0% APR promotion for new purchases and that promotion is still active, you won’t be charged the monthly fee for a My Chase Plan.

You’ll still earn rewards for purchases you choose to pay back under My Chase Plan.

Before making a large purchase, you can see an estimate of the plans you may be eligible for.

No penalty if you pay off a My Chase Plan early.

Smaller charges of less than $100, or charges of $100 or more that were made more than 90 days ago, are not eligible.

Fixed monthly fee can become more expensive than interest as the balance on your plan gets lower over time.

Once you create a plan, you can’t change or cancel it.

If you return an item that you set up a plan for, you’ll have to call Chase to have a credit applied to your plan balance.

» MORE: Buy now, pay later vs. credit cards: Which is right for you?

How to activate My Chase Plan

View your account activity for your Chase card, either online or on the Chase app. You can select an eligible purchase, see your payment options and create a My Chase Plan.

To estimate your plan options before making a large purchase, select the card from your list of accounts to access that card’s dashboard. In the app, scroll down to Credit Options & Tools. Online, select More… and then Credit Options & Tools. From there, you’ll be able to create a plan, track your existing plans or calculate a potential plan.

» MORE: What is AmEx Pay Over Time and how does it work?

My Chase Loan

My Chase Loan is not a cash advance , even though you’re borrowing against your card’s credit limit. It’s more like a personal loan , in that you pay the money back over a set period of time, and you’re charged a fixed interest rate. The approval process is much simpler, though — there’s no application or credit check needed. Once approved, you receive a deposit directly into your bank account. Payback time frames range from six to 24 months.

The lowest amount you can borrow with My Chase Loan is $500, and the maximum amount depends on factors like your monthly spending and creditworthiness. Your loan won’t take up your entire credit limit, however. You’ll still be able to use your card for purchases.

No need for an application or credit check.

Receive your loan in one to two business days.

The APR for My Chase Loan is typically lower than the standard APR your card charges for unpaid balances.

You can continue to use your credit card to make charges.

No penalties for paying off your loan early.

Monthly loan payment is worked into your monthly credit card bill, so there’s no separate bill.

My Chase Loan transactions do not earn rewards.

Depending on what you qualify for, interest rates may still be high. Other loan options may be more attractive.

How to activate My Chase Loan

Online or on the Chase app, select the card from your list of accounts to access that card’s dashboard. In the app, scroll down to Credit Options & Tools. Online, select More… and then Credit Options & Tools.

From there, you’ll be able to see the maximum amount you can borrow, a range of possible APRs and several specific loan options.

Once you select a loan, you can choose which bank account to move the money to.

» MORE: Buy now, pay later already comes standard on many credit cards

Alternatives for paying down a credit card balance

Other financing options may allow you to pay down debt at a lower cost:

Balance transfer credit cards offer an introductory 0% APR period, often a year or more. Look out for the balance transfer fee, which is typically 3% to 5% of the balance.

You may qualify for a personal loan with a significantly lower interest rate. You can obtain a personal loan from a bank, credit union or online lender.

on Chase's website

1.5%-5% Enjoy 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; and 1.5% cash back on all other purchases.

Matched Cash Back Unlimited Matched Cash Back. Chase will automatically match all the cash back you earned at the end of your first year! There is no limit to how much cash back you can earn.

1x-5x Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.

60,000 Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.

1%-5% Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.

$200 Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

• Auto Insurance Best Car Insurance Cheapest Car Insurance Compare Car Insurance Quotes Best Car Insurance For Young Drivers Best Auto & Home Bundles Cheapest Cars To Insure
• Home Insurance Best Home Insurance Best Renters Insurance Cheapest Homeowners Insurance Types Of Homeowners Insurance
• Life Insurance Best Life Insurance Best Term Life Insurance Best Senior Life Insurance Best Whole Life Insurance Best No Exam Life Insurance
• Pet Insurance Best Pet Insurance Cheap Pet Insurance Pet Insurance Costs Compare Pet Insurance Quotes
• Travel Insurance Best Travel Insurance Cancel For Any Reason Travel Insurance Best Cruise Travel Insurance Best Senior Travel Insurance
• Health Insurance Best Health Insurance Plans Best Affordable Health Insurance Best Vision Insurance Best Disability Insurance
• Credit Cards Best Credit Cards 2023 Best Balance Transfer Credit Cards Best Rewards Credit Cards Best Cash Back Credit Cards Best Travel Rewards Credit Cards Best 0% APR Credit Cards Best Business Credit Cards Best Credit Cards for Startups Best Credit Cards For Bad Credit Best Cards for Students without Credit
• Credit Card Reviews Chase Sapphire Preferred Wells Fargo Active Cash® Chase Sapphire Reserve Citi Double Cash Citi Diamond Preferred Chase Ink Business Unlimited American Express Blue Business Plus
• Credit Card by Issuer Best Chase Credit Cards Best American Express Credit Cards Best Bank of America Credit Cards Best Visa Credit Cards
• Credit Score Best Credit Monitoring Services Best Identity Theft Protection
• CDs Best CD Rates Best No Penalty CDs Best Credit Union CDs Best Jumbo CD Rates Best 3 Month CD Rates Best 6 Month CD Rates Best 1 Year CD Rates Best 18 Month CD Rates Best 2 Year CD Rates Best 3 Year CD Rates Best 5 Year CD Rates Best 10 Year CD Rates
• Savings Best High-Yield Savings Accounts Best Free No-Fee Savings Accounts Simple Savings Calculator Monthly Budget Calculator: 50/30/20
• Checking Best High-Yield Checking Accounts Best Checking Accounts Best No Fee Checking Accounts Best Teen Checking Accounts Best Student Checking Accounts Best Joint Checking Accounts
• Mortgages Best Mortgage Lenders Best Online Mortgage Lenders Current Mortgage Rates Best HELOC Rates Best Mortgage Refinance Lenders Best Home Equity Loan Lenders Best VA Mortgage Lenders Mortgage Refinance Rates Mortgage Interest Rate Forecast
• Personal Loans Best Personal Loans Best Debt Consolidation Loans Best Emergency Loans Best Home Improvement Loans Best Bad Credit Loans Best Installment Loans For Bad Credit Best Personal Loans For Fair Credit Best Low Interest Personal Loans
• Student Loans Best Student Loans Best Student Loan Refinance Best Student Loans for Bad or No Credit Best Low-Interest Student Loans
• Business Loans Best Business Loans Best Business Lines of Credit Apply For A Business Loan Business Loan vs. Business Line Of Credit What Is An SBA Loan?
• Investing Best Online Brokers Top 10 Cryptocurrencies Best Low-Risk Investments Best Cheap Stocks To Buy Now Best S&P 500 Index Funds Best Stocks For Beginners How To Make Money From Investing In Stocks
• Retirement Best Gold IRAs Best Investments for a Roth IRA Best Bitcoin IRAs Protecting Your 401(k) In a Recession Types of IRAs Roth vs Traditional IRA How To Open A Roth IRA
• LLC Formation Best LLC Services ZenBusiness LLC Review LegalZoom LLC Review Inc Authority LLC Review Incfile LLC Review
• Services Best E-commerce Platform Best Website Builders Best Point-of-Sale (POS) Systems Best Registered Agent Services Best Credit Card Processing Companies Best Credit Card Readers for Small Businesses
• HR & Payroll Best Payroll Software Best Free Payroll Software
• VPN Reviews Best VPNs ProtonVPN Review ExpressVPN Review CyberGhost VPN Review Private Internet Access VPN Review
• Manage Topics
• Investigations
• Visual Explainers
• Newsletters
• Abortion news
• Coronavirus
• Climate Change
• Vertical Storytelling
• Corrections Policy
• College Football
• High School Sports
• H.S. Sports Awards
• Sports Betting
• College Basketball (M)
• College Basketball (W)
• For The Win
• Sports Pulse
• Weekly Pulse
• Buy Tickets
• Sports Seriously
• Sports+ States
• Celebrities
• Entertainment This!
• Celebrity Deaths
• American Influencer Awards
• Women of the Century
• Problem Solved
• Personal Finance
• Small Business
• Consumer Recalls
• Video Games
• Product Reviews
• Destinations
• Airline News
• Experience America
• Today's Debate
• Suzette Hackney
• Policing the USA
• Meet the Editorial Board
• How to Submit Content
• Hidden Common Ground
• Race in America

Personal Loans

Best Personal Loans

Auto Insurance

Best Auto Insurance

Best High-Yields Savings Accounts

CREDIT CARDS

Best Credit Cards

Advertiser Disclosure

Blueprint is an independent, advertising-supported comparison service focused on helping readers make smarter decisions. We receive compensation from the companies that advertise on Blueprint which may impact how and where products appear on this site. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Blueprint. Blueprint does not include all companies, products or offers that may be available to you within the market. A list of selected affiliate partners is available here .

Credit Cards

How to do a Chase balance transfer

Sarah Brady

Ashley Barnett

“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.

Robin Saks Frankel

Updated 1:55 p.m. UTC Sep. 1, 2023

• path]:fill-[#49619B]" alt="Facebook" width="18" height="18" viewBox="0 0 18 18" fill="none" xmlns="http://www.w3.org/2000/svg">
• path]:fill-[#55ACEE]" alt="Twitter" xmlns="http://www.w3.org/2000/svg" width="19" height="15" viewBox="0 0 19 15" fill="none">
• path]:fill-[#202020]" alt="Email" width="19" height="14" viewBox="0 0 19 14" fill="none" xmlns="http://www.w3.org/2000/svg">

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full advertiser disclosure policy .

Andrii Yalanskyi, Getty Images

If you have credit card debt, a balance transfer can give you the gift of time and money. 

When you transfer your credit card balance to a Chase credit card with a 0% introductory APR, you get either 15 or 18 months with no interest charges, depending on which card you choose. That means you have over a year to pay down your balance without accruing any interest. 

If you’re ready to make the move, here’s how to do a balance transfer to either a new or an old Chase credit card.

Chase Sapphire Reserve®

Welcome bonus.

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when you redeem through Chase Ultimate Rewards®.

Regular APR

Credit score.

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Editor’s Take

• Up to $300 annual travel credit and Priority Pass Select lounge access.
• Redeem points for 50% more value to book travel through Chase’s portal.
• Transfer points 1:1 to partners such as United Airlines and World of Hyatt.
• High annual fee.
• Not ideal if you aren’t interested in transferring points.
• May not qualify if you’ve applied for 5 or more credit cards in the last 24 months.

Card Details

• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when you redeem through Chase Ultimate Rewards®
• $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
• Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
• 1:1 point transfer to leading airline and hotel loyalty programs
• Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
• Member FDIC

You can make a balance transfer with a new Chase credit card or with an existing account. But the process (and the fees) will depend on which route you choose. Here’s an overview: 

Transferring to an existing Chase card

Before you initiate a balance transfer onto an existing Chase card, log into the website or app and check to see if you have any current balance transfer offers on your credit card(s). You can also talk to an agent to ask if there are any unpublished offers.

If you have a relatively new Chase card, there’s a chance you’re still within the introductory 0% APR period or within the timeframe for a lower balance transfer fee. 

If you decide to proceed with the balance transfer, follow these steps:

• Go to the main menu.
• Choose “pay & transfer” and then “card balance transfers”.
• Select the credit card you want to transfer the balance to.
• Select a balance transfer offer.
• Verify your account information.
• Enter the requested details about the account you will be transferring a balance from.
• Once the transfer posts, check to see if your minimum payment has changed and be prepared to make the payment.

Note that the transfer will not happen instantly and you will need to keep making at least the minimum payment on the original account until the balance transfer is complete. This typically takes anywhere from a few days up to a few weeks.

Your credit score matters when it comes to getting approved for a new card. We’ll explain if checking your credit score can harm your credit profile.

Transferring to a new Chase card

If you’re looking for a new Chase credit card to transfer your balance onto, follow these steps:

• See what’s available: Shop around to see if Chase offers a card with the terms you want, like a 0% intro APR or a lower regular APR than your current account. Make sure to look at the balance transfer fee as well.
• Apply: Once you’ve found the best credit cards for a transfer, you can apply online, over the phone or in person. If you apply through Chase online, mark “yes” when asked if you want to make a balance transfer. Be prepared to provide details about the account you’re transferring debt from and the total balance you wish to transfer.
• Make payments: Mark down the monthly payment due date and be prepared to begin payment. Note that you may still need to make a payment on your old account before the transfer is complete.
• Prepare for the 0% APR offer to expire: Make the most of the 0% intro APR timeframe by paying as much as possible towards the balance. This will help you avoid high interest charges after the introductory period ends.

What is a balance transfer?

A balance transfer is the act of moving debt from one credit card or account to another. The purpose of a balance transfer is to get help with paying off debt. If you transfer the debt onto a balance transfer credit card with a 0% introductory APR, or even just a card with a lower regular APR, the move can result in fewer interest charges, lower monthly payments and faster debt payoff.

Pros and cons of a balance transfer

Transferring your balance to a new credit card can help you save money and manage debt. But there are downsides to balance transfers, too. Make sure to consider these pros and cons before transferring debt:

• Reduce your interest rate: If you transfer your balance to a card with a lower APR, you can reduce your overall interest charges and put more of your money toward paying off debt.
• Lower monthly payment: If the new card has low or no APR, your new monthly payment may be less.
• Consolidate balances: Transferring debt can allow you to reduce the number of active accounts you have to manage.
• Avoid going over limit: Opening up a new balance transfer credit card gives you more available credit and can help you avoid maxing out old accounts.
• Balance transfer fee: Chase’s balance transfer fees are typically either 3% or 5% (minimum of $5) of the total amount you transfer.
• Credit limit: There’s a chance the limit on the new account will be lower than the balance you want to transfer. Chase also limits balance transfers to $15,000. 
• Not a permanent solution: Transferring debt can help you avoid interest charges, but it doesn’t reduce the amount you owe. Plus, once the 0% introductory APR offer ends on a Chase card, your regular APR may be high on the unpaid balance — possibly beginning the cycle of debt accumulation again.  
• Potential for more debt if you aren’t careful: Doing a balance transfer to a new card will result in available credit on your existing credit card. Make sure you’ve addressed the issues that caused the credit card debt to begin with, otherwise you may fall back into old habits and continue to use your existing credit card — ultimately leaving you with more debt than you started with.

A balance transfer can affect your overall credit utilization. Here’s what that means and why it matters.

Things to note before doing a balance transfer with Chase

Balance transfer cards can be confusing when it comes to rates, fees and timelines. Here are a few things to note before making a Chase balance transfer:

• Chase doesn’t offer credit card preapproval, so you’ll receive a hard pull on your credit when you apply which may drop your score by a few points.
• The 0% intro APR may not apply to purchases. If not, then any purchases you make will accrue the regular APR and will not be eligible for a grace period . 
• You can’t transfer balances between Chase credit cards.
• If you fall 60 days behind on a payment, the 0% intro APR offer ends and a penalty APR is applied, similar rules likely apply to your current card as well. 
• Your balance transfer request may be declined if your Chase account is past due or over limit.
• Balance transfers don’t earn rewards or rebates.
• According to Chase’s 5/24 rule , your application will be declined if you’ve opened five or more credit cards in the past two years.

Best Chase balance transfer cards

Chase currently offers the following balance transfer card options:

Most balance transfers with Chase take a week to 21 days to post to your account. The time frame depends in part on the account you’re transferring a balance from.

A balance transfer will affect your credit score in a few ways. If you apply for and open a new balance transfer credit card, your scores may drop due to the hard pull on your credit reports and the shortened average age of accounts. 

But a balance transfer can also help improve your scores, especially in the long-run, if it increases your available credit and helps you pay off debt faster. Making on-time payments on your credit card is also helpful for improving credit scores.

The balance transfer fee for the Chase Freedom Unlimited Credit Card and the Chase Freedom Flex Credit Card is: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After the first 60 days, the balance transfer fee is: Either $5 or 5% of the amount of each transfer, whichever is greater.

No, Chase does not currently waive balance transfer fees. For the lowest balance transfer fee, be sure to complete your transfer within 60 days of account opening. After the first 60 days, the balance transfer fee will increase on cards that offer an introductory fee.

You can transfer balances an unlimited number of times with Chase, but you can only transfer up to $15,000 in a 30 day period.

*The information for the Chase Freedom Flex℠ has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy . The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Sarah Brady is a personal finance writer and educator who's been helping individuals and entrepreneurs improve their financial wellness since 2013. Sarah's other publications include Investopedia, Experian, the National Foundation for Credit Counseling (NFCC), Credit Karma and LendingTree and her work has been syndicated by Yahoo! News and MSN. She is also a former HUD-Certified Housing Counselor and NFCC-Certified Credit Counselor.

Ashley Barnett has been writing and editing personal finance articles for the internet since 2008. Before editing for USA TODAY Blueprint, she was the Content Director for an international media company leading the content on their suite of personal finance sites. She lives in Phoenix, AZ where you can find her rereading Harry Potter for the 100th time.

Robin Saks Frankel is a credit cards lead editor at USA TODAY Blueprint. Previously, she was a credit cards and personal finance deputy editor for Forbes Advisor. She has also covered credit cards and related content for other national web publications including NerdWallet, Bankrate and HerMoney. She's been featured as a personal finance expert in outlets including CNBC, Business Insider, CBS Marketplace, NASDAQ's Trade Talks and has appeared on or contributed to The New York Times, Fox News, CBS Radio, ABC Radio, NPR, International Business Times and NBC, ABC and CBS TV affiliates nationwide. She holds an M.S. in Business and Economics Journalism from Boston University. Follow her on Twitter at @robinsaks.

Chase launches new welcome offers on its United family of credit cards 

Credit Cards Carissa Rawson

Citi preapproval: A guide to pre-qualifying for Citi credit cards

Credit Cards Dawn Papandrea

What is a credit card retention offer and should you ask for one?

Credit Cards Julie Sherrier

Best balance transfer card offers for 2024

Credit Cards Kevin Payne

Guide to Chase transfer partners

Credit Cards Ariana Arghandewal

Best places to travel with credit card rewards in 2024

Credit Cards Stella Shon

Amex Gold vs. Chase Sapphire Preferred: Two cards that reward foodies and travelers 

Credit Cards Meghan Hunter

Chase Sapphire Preferred vs. Chase Sapphire Reserve

Credit Cards Rebecca Safier

Best dining and restaurant credit cards of November 2023

Credit Cards Harrison Pierce

Best no foreign transaction fee credit cards of November 2023

Credit Cards Theresa Stevens

Best second chance credit cards with no security deposit of November 2023

Best Wells Fargo credit cards of November 2023

Credit Cards Ben Luthi

Best Visa credit cards of November 2023

Credit Cards Robin Saks Frankel

Best travel rewards credit cards of November 2023

Best secured credit cards of November 2023

• Credit Cards
• All Credit Cards
• Find the Credit Card for You
• Best Credit Cards
• Best Rewards Credit Cards
• Best Travel Credit Cards
• Best 0% APR Credit Cards
• Best Balance Transfer Credit Cards
• Best Cash Back Credit Cards
• Best Credit Card Sign-Up Bonuses
• Best Credit Cards to Build Credit
• Best Credit Cards for Online Shopping
• Find the Best Personal Loan for You
• Best Personal Loans
• Best Debt Consolidation Loans
• Best Loans to Refinance Credit Card Debt
• Best Loans with Fast Funding
• Best Small Personal Loans
• Best Large Personal Loans
• Best Personal Loans to Apply Online
• Best Student Loan Refinance
• Best Car Loans
• All Banking
• Find the Savings Account for You
• Best High Yield Savings Accounts
• Best Big Bank Savings Accounts
• Best Big Bank Checking Accounts
• Best No Fee Checking Accounts
• No Overdraft Fee Checking Accounts
• Best Checking Account Bonuses
• Best Money Market Accounts
• Best Credit Unions
• All Mortgages
• Best Mortgages
• Best Mortgages for Small Down Payment
• Best Mortgages for No Down Payment
• Best Mortgages for Average Credit Score
• Best Mortgages No Origination Fee
• Adjustable Rate Mortgages
• Affording a Mortgage
• All Insurance
• Best Life Insurance
• Best Life Insurance for Seniors
• Best Homeowners Insurance
• Best Renters Insurance
• Best Car Insurance
• Best Pet Insurance
• Best Boat Insurance
• Best Motorcycle Insurance
• Travel Insurance
• Event Ticket Insurance
• Credit Monitoring
• All Credit Monitoring
• Best Credit Monitoring Services
• Best Identity Theft Protection
• How to Boost Your Credit Score
• Best Credit Repair Companies
• Personal Finance
• All Personal Finance
• Best Budgeting Apps
• Best Expense Tracker Apps
• Best Money Transfer Apps
• Best Resale Apps and Sites
• Buy Now Pay Later (BNPL) Apps
• Best Debt Relief
• Small Business
• All Small Business
• Best Small Business Savings Accounts
• Best Small Business Checking Accounts
• Best Credit Cards for Small Business
• Best Small Business Loans
• Best Tax Software for Small Business
• Best Tax Software
• Best Tax Software for Small Businesses
• Tax Refunds
• Help for Low Credit Scores
• All Help for Low Credit Scores
• Best Credit Cards for Bad Credit
• Best Personal Loans for Bad Credit
• Best Debt Consolidation Loans for Bad Credit
• Personal Loans if You Don't Have Credit
• Best Credit Cards for Building Credit
• Personal Loans for 580 Credit Score Lower
• Personal Loans for 670 Credit Score or Lower
• Best Mortgages for Bad Credit
• Best Hardship Loans
• All Investing
• Best IRA Accounts
• Best Roth IRA Accounts
• Best Investing Apps
• Best Free Stock Trading Platforms
• Best Robo-Advisors
• Index Funds
• Mutual Funds
• Home & Kitchen
• Gift Guides
• Deals & Sales
• Sign up for the CNBC Select Newsletter
• Subscribe to CNBC PRO
• Privacy Policy
• Do Not Sell My Personal Information
• Terms Of Service
• CNBC Sitemap

Follow Select

Our top picks of timely offers from our partners

Find the best credit card for you

Chase freedom unlimited and chase freedom flex introduce balance transfer offers, two chase credit cards are giving cardholders 0% intro apr. here's how to take advantage of it..

In time for the holiday season, Chase added a 0% intro APR balance transfer offer to two of its cash-back credit cards : the Chase Freedom Unlimited® and the Chase Freedom Flex℠ .

With this offer, you'll have 15 months of interest-free financing on purchases, and any balances transferred over from other credit cards. This can be helpful for your holiday shopping , or any other large purchases you make on a credit card .

Here's what you need to know about the offer.

Chase Freedom Unlimited and Freedom Flex 0% intro APR on balance transfers offer

Each of the Chase credit cards listed below gives cardholders an opportunity to earn valuable cash back , but now can help you consolidate credit card debt accumulated on other cards — without accruing interest.

For example, let's say you have a $3,000 balance on another credit card. You can transfer that balance to one of the cards below, and you'll have 15 months to pay it off before interest starts accruing once more.

The intro balance transfer feature is in addition to already having a 0% intro APR offer on purchases made on the card.

However, once the 15 month period is over on either purchases or balance transfers, the interest rate will increase to a variable APR of 20.49% - 29.24%. There's an intro balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that it's either $5 or 5% of the amount of each transfer, whichever is greater.

It's never wise to carry a balance or spend more than you can afford on a credit card, but in this case, the 15-month-0%-intro APR period can come in handy for spending and purchasing flexibility.

Chase Freedom Unlimited®

Enjoy 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services, 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; and 1.5% cash back on all other purchases.

Welcome bonus

Special Offer: Unlimited Matched Cash Back. Use your card for all your purchases and at the end of your first year, Chase will automatically match all the cash back you earned! There is no limit to how much you can earn. Every dollar in cash back rewards you earn is a dollar Chase will match.

0% for the first 15 months from account opening on purchases and balance transfers

Regular APR

20.49% - 29.24% variable

Balance transfer fee

Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that, either $5 or 5% of the amount of each transfer, whichever is greater.

Foreign transaction fee

3% of each transaction in U.S. dollars

Credit needed

Excellent/Good

Member FDIC. See our methodology , terms apply.

Read our Chase Freedom Unlimited® review.

• No annual fee
• Rewards can be transferred to a Chase Ultimate Rewards card
• Generous welcome bonus
• 3% fee charged on foreign transactions

Chase Freedom Flex℠

5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (then 1%), 5% cash back on travel booked through the Chase Ultimate Rewards®, 3% on drugstore purchases and on dining (including takeout and eligible delivery services), 1% cash back on all other purchases

$200 cash back after you spend $500 on purchases in your first three months from account opening

Member FDIC. See our methodology , terms apply. Information about the Chase Freedom Flex℠ has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

Read our Chase Freedom Flex℠ review.

• Opportunity to earn up to 5% cash back in select categories upon activation
• Bonus categories must be activated each quarter

Why to consider a balance transfer to a 0% APR card

Credit cards charge among the highest interest rates for lending products, making them a poor choice for someone who needs to carry a balance or borrow money. However, there are several reasons to consider a balance transfer credit card that offers an introductory 0% APR — the most attractive being that you avoid paying credit card interest . Americans carry a huge amount of credit card debt , and it's never a good idea to pay interest on top of your discretionary spending.

Other reasons to consider a new balance transfer credit card are:

• Organization: If you have several credit cards with revolving balances, it can be a nightmare trying to stay organized. By consolidating your debt into one card, it's easier to manage paying down debt.
• Earning more credit: By applying for a new credit card , you will earn more credit, which increases your overall credit line and decreases your overall credit utilization. Credit utilization , which is how much you owe compared to how much credit you have, makes up 30% of your credit score . By earning more credit from issuers, and managing it responsibly, you will improve your credit score over time. However, keep in mind that a large balance on your credit card can hurt your credit score also. So if your card has a $10,000 limit and you transfer $8,000 in debt over, that can be detrimental.

Fees to know about

A balance transfer can be worth it as you can save big on credit card interest charges. The process is also quite simple, and in some cases, done completely online. However, there are balance transfer fees to consider.

With the Chase Freedom Unlimited® and the Chase Freedom Flex℠ , you will need to pay either:

• Within 60 days of account opening: $5 or 3% of the amount of each transfer, whichever is greater.
• Past 60 days from account opening: Either $5 or 5% of the amount of each transfer, whichever is greater.

Lets say your credit card balance that you need to transfer is $3,000, and you complete it within the 60 day mark. Once it processes, you will have a $90 balance transfer fee added to the new card. That sounds steep, but if you stretch that out over 15 months, it comes to an averaged $6 monthly fee, which is likely much, much less than you were paying in interest charges.

Bottom line

If you're paying exorbitant credit card interest fees, it's likely best to consolidate your debt using a balance transfer credit card. However, it shouldn't be use to spend outside your means or to finance purchases that aren't needed.

Before you use your credit card or debit card for your next purchase, it may be best to first create a budget to avoid overspending.

• What is a home warranty — and do you need one? Ana Staples
• Will you earn a higher APY with a CD, money market account or a high-yield savings account? Jasmin Suknanan
• The average credit card balance is more than $6,000 — here’s how to pay yours off Liz Knueven