Chase balance transfer credit cards | finder.com
Chase logo

Chase balance transfer credit cards

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Some Chase personal cards offer intro APRs for up to 15 months.

If you need to move debt from another credit card, consider a Chase balance transfer card. They offer healthy intro APRs, and the Chase Slate® credit card will waive the balance transfer fee for a limited time.

Our pick for balance transfers

Chase Freedom Unlimited®

  • 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 17.24-25.99%. Balance transfer fee is 3% of the amount transferred, $5 minimum
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 bonus after you spend $500 on purchases in your first 3 months from account opening
  • No minimum to redeem for cash back
  • Cash back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Read less
Read more
Promoted

Compare Chase balance transfer credit cards

Try the Chase Slate® credit card if you want to avoid balance transfer fees for a limited time. Try the Chase Freedom Unlimited® credit card or Chase Freedom® credit card if you want rewards.

You might like the Ink Business Unlimited℠ Credit Card or Ink Business Cash℠ Credit Card if you run a business.

Name Product Filter values Annual Fee APR for Purchases (Purchase Rate) Intro APR for Balance Transfer
$0
17.24% to 25.99% variable
0% for the first 15 months (then 17.24% to 25.99% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$0
17.24% to 25.99% variable
0% for the first 15 months (then 17.24% to 25.99% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$0
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening
$0
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$500 bonus cash back after you spend $3,000 in the first 3 months
$0
17.24% to 25.99% variable
0% for the first 15 months (then 17.24% to 25.99% variable)
Enjoy a 60 days introductory balance transfer offer, save on interest, and get your free monthly credit score.

Compare up to 4 providers

What are the benefits of a balance transfer with Chase?

Here’s why Chase is a well-known balance transfer provider:

Strong intro APR periods.

You’ll typically find up to a 15-month intro APR on Chase’s personal balance transfer cards. Industry-wide, intro APR periods typically top out at around 20 months.

One card has a balance transfer fee offer.

The Chase Slate® credit card is consistently cited as one of the best balance transfer cards. You’ll pay $0 in fees on transfers you make within the first 60 days. (After that, you’ll pay a fee of $5 or 5% per transfer.)

Balance transfers for business cards.

Though balance transfer intro APRs are common for personal cards, they’re relatively scarce for business cards. If your business needs several months to pay off debt interest-free, Chase may be a good option.

The bank’s business cards typically have up to a 12-month intro APR period. That’s a good deal. The current product to beat is the Blue Business℠ Plus Credit Card from American Express.

What are the drawbacks of a balance transfer with Chase?

Chase can be a great choice for balance transfers, but here’s why it might not be right for everyone.

You’ll find better intro APR periods elsewhere.

If you’re looking for the longest balance transfer intro APR, try the Citi Simplicity® Card. It offers a 0% intro APR for a stellar 12 months on balance transfers. After that, a 16.24% to 26.24% variable APR applies.

You may have a very high ongoing APR.

The Chase Freedom Unlimited® credit card, for example, has an upper-range ongoing balance transfer APR of 25.99% variable. Strongly consider paying off your balance transfer before your intro APR expires.

The Chase Slate® credit card doesn’t offer rewards.

It has a great intro APR period and 60 days of no balance transfer fees. But because it doesn’t offer rewards, it might not be as useful after its intro APR expires.

How hard is it to get approved by Chase for a credit card balance transfer?

As is common with credit card providers, Chase is selective when approving balance transfer requests. The bank wants to see you’re a responsible borrower so it won’t lose money if it takes on your debt.

If you have a high credit utilization ratio, you’re unlikely to be approved for a balance transfer. You may also be denied if your credit score is good but close to fair.

A balance transfer may not be the best choice if you plan on moving a large amount of debt. You might not be approved for the credit limit you’re hoping for. And according to some customers, it’s difficult to get a substantial credit limit increase with a Chase card.

What debts are eligible for a balance transfer with Chase?

What debt can I transfer?
  • Debt from non-Chase credit cards
What debt can’t I transfer?
  • Debt from a Chase credit card
  • Personal or government loans

Can I transfer balances to another Chase card?

Unfortunately, you can’t transfer balances from one Chase card to another.

Why is this? Because providers offer balance transfers to entice customers from other banks. If you’re a Chase customer, the bank sees no need to spend more promotional dollars to get you on board.

When providers offer lucrative intro APRs, they’re losing out on a lot of interest that a customer might otherwise accrue. But the temporary loss in profits could be worth it when the customer racks up interest in a year or two.

How does credit card interest work?

Eligibility requirements

Chase is one of the largest banks in the United States, and its cards are generally very accessible. You’re typically eligible to apply for a Chase card if you meet these requirements:

  • 18 years of age or older (19 in Alabama and Nebraska; 21 in Puerto Rico)
  • Valid Social Security number or Taxpayer Identification Number

Traveler's desktop with laptop, luggage, credit card and airline tickets

What do I need to apply?

Here’s the information you’ll need for an application:

  • Full name
  • Mailing address, phone number and email address
  • Date of birth, mother’s maiden name and Social Security number or Taxpayer Identification Number
  • Total gross annual income and primary source of income
  • Your residence status
  • Optional: Information for authorized users, balance transfer details

How to apply for a balance transfer with Chase

  1. Pick a Chase card and check its balance transfer details.
    Check the card’s intro APR, and verify whether you’ll pay transfer fees.
  2. Apply for the card.
    You can request balance transfers on your card application. You’ll need the account number of your existing debt and the amount you want to transfer. You can also always request a transfer later by calling Chase support.
    Note that Chase may deny you for a card and for a balance transfer.
  3. Wait for your balance transfer to complete.
    You’re still responsible for making payments on your debt until your transfer has posted. Keep track of your existing payments to avoid hits to your credit score.
  4. Keep track of your balance transfer details.
    If you’re approved, Chase will send you terms for your card. Confirm your intro APR and note when it ends. Also, confirm your card’s ongoing APR.

How long will it take to complete a balance transfer with Chase?

According to Chase, most transfers are processed within a week. However, transfers can take up to 21 days to complete.

I got the card. Now what?

  • Confirm your balance transfer has posted. You can see the balance transfer in your card transaction history. Call Chase support if you’re unsure whether the transfer has completed.
  • Make timely payments. Create a plan to pay off your transfer before your intro APR expires.
    Set up automatic payments to ensure you pay your card bill on time. Chase may revoke your intro APR if you submit a late or returned payment, or if you exceed your credit limit.
  • Contact customer service. If you have questions about your balance transfer, call 800-432-3117. You can also contact the bank via Twitter @ChaseSupport.

Bottom line

Chase offers a few excellent cards for balance transfers. They’re especially good options because of their strong intro APRs.

If you’re not sure a Chase card is best for your balance transfer, consider cards from other providers such as Barclaycard and Discover. Or compare balance transfer offers.

Frequently asked questions

Image: Shutterstock
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site