How to do a balance transfer with Chase
Editor's Note
Quick summary
A balance transfer can be a smart way to manage credit card debt, especially if you can take advantage of a 0% introductory APR. Chase offers several credit cards that support balance transfers, but there are some key rules and limitations to keep in mind before getting started.
Whether you're moving debt to a new Chase card or an existing one, here's how to transfer a balance with Chase and what to keep in mind along the way.
Related: Do balance transfers affect your credit score?
Can I transfer a balance with a Chase card?
Yes, you can transfer a balance to a Chase credit card (either a new or existing account). However, you can't transfer balances between two Chase cards.
This means if you're carrying a balance on one Chase card, you'll need to look at other issuers for a balance transfer opportunity.
How to transfer a balance to a new Chase card
If you're applying for a new Chase card that offers an introductory 0% APR on balance transfers, you can request the transfer during your application or within the first 60 days of opening the account.
Here's how it works:
- Apply and get approved for a Chase card that supports balance transfers.
- Request the balance transfer by providing details such as:
- The name of your current card issuer
- Your account number
- The amount you'd like to transfer
- Wait for the transfer process, which typically takes 7-21 days.
To qualify for promotional 0% APR offers, balance transfers must be initiated within 60 days of account opening.
How to transfer a balance to an existing Chase card
Already have a Chase card with a promotional balance transfer offer? You can request a transfer online, through the Chase mobile app or by phone. Here's how:
- Log in to your Chase account online or via the app.
- Select your card, then look for the option to start a balance transfer.
- Enter the required information about the card you're transferring from.
- Review and accept the terms, then submit your request.
- Online and app-based requests are usually the quickest.
Related: How to do a balance transfer
Chase card balance transfer FAQs
Here are the answers to some common questions about Chase balance transfers:
Can I do a balance transfer between Chase cards?
No. Chase does not allow you to transfer the balance from one Chase card or product to another.
How much can I balance transfer to Chase?
You can transfer up to your available credit limit. Additionally, Chase generally caps balance transfers at $15,000 within 30 days.
How much does a balance transfer cost with Chase?
- Within the first 60 days of opening a new Chase card: Chase charges $5 or 3% of the amount being transferred, whichever is greater.
- After 60 days: $10 or 5%, whichever is greater.
How long does a balance transfer take with Chase?
Balance transfers with Chase can take a week to 21 days to post.
How to check the status of your Chase balance transfer
As mentioned, Chase states that balance transfers can take anywhere from a week to 21 days to be completed. Remember that the time frame depends on how quickly the other card issuer processes the transfer request.
With that in mind, there are ways to check on the status of your transfer request. You can log in to your Chase account and check if the transfer has been posted. If you don't see the balance displayed on your credit card account, you can contact Chase Card Customer Service at 1-800-432-3117.
Lastly, you can always check with the card issuer sending the transfer to determine if your balance has been paid. Remember that you must continue to make payments on any cards with other issuers until the balance transfer has been processed.
Related: Simple rules to stay out of credit card debt
Best Chase cards for balance transfers
Chase has three great balance transfer cards, all with no annual fee. These cards also offer a special promotional 0% APR on balance transfers. Here's a closer look at each card.
Chase Freedom Flex
Annual fee: $0.
Welcome offer: None; this card is currently unavailable to new applicants.
Why we like it: The Chase Freedom Flex® has a generous 15-month promotional 0% APR introductory period on balance transfers and purchases (a variable APR of 18.99% to 28.49% after).
This card also earns 5% cash back on up to $1,500 in combined purchases in rotating bonus categories each quarter you actviate, 5% cash back on Chase Travel℠, 3% cash back on dining (including takeout and delivery) and drugstores and 1% cash back on all other purchases. Not to mention, when you pair this card with Chase Ultimate Rewards, you can convert your cash back to Ultimate Rewards.
For more information, read our full review of the Chase Freedom Flex.
The information for the Chase Freedom Flex has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Chase Freedom Unlimited
Annual fee: $0.
Welcome offer: Earn a $200 bonus after you spend $500 on purchases in the first three months after opening an account.
Why we like it: The Chase Freedom Unlimited® (see rates and fees) has a generous 15-month promotional 0% APR introductory period on balance transfers and purchases (a variable APR of 18.99% to 28.49% after). This card also earns unlimited 1.5% cash back on all purchases.
For more information, read our full review of the Chase Freedom Unlimited.
Apply here: Chase Freedom Unlimited
Chase Slate Edge
Annual fee: $0.
Welcome offer: None.
Why we like it: New Chase Slate Edge℠ cardholders receive an extended 18-month promotional 0% APR offer for purchases and balance transfers (a variable APR of 18.99% to 28.99% after). You can also lower your interest rate by 2%.
For more information, read our full review of the Chase Slate Edge.
The information for the Chase Slate Edge has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the issuer.
Bottom line
At TPG, we recommend paying your credit card balance in full every month. However, if you cannot, a balance transfer via issuers like Chase allows you to move high-interest credit card debt to a new card with a promotional 0% APR, saving you money in the process.
Apply here: Chase Freedom Unlimited
Learn more: Chase Freedom Flex
Learn more: Chase Slate Edge
Related: Best balance transfer credit cards