How does autopay work for Chase credit cards?

Chase credit card autopay is a feature that withdraws money from your bank account to pay your credit card bill every month. You can use a credit card’s autopay function to schedule payments for a specific day each month, and you can choose to pay the minimum amount due, the full statement balance, or a custom amount.

Here’s how Chase credit card autopay works:

• How to set it up: Log in to your online account or through Chase’s mobile app. Then, click “Set Up” next to “Automatic Payments”. After that, enter the routing number and account number for the bank account from which your credit card payment will be debited. You cannot set autopay over the phone.
• Autopay options: When you set up Chase autopay, there are three options available. You can choose to pay the minimum payment, the full balance, or a fixed amount. Make sure to choose the option that is most suitable for you.
• Benefits of autopay: Autopay helps you pay your credit card bills on time by removing forgetfulness from the equation. As a result, you can avoid costly late fees and fill your credit report with positive information, boosting your credit score. Plus, if you choose to pay your full statement balance automatically, you’ll avoid interest charges on purchases.

Ultimately, you should make sure your bank account has enough funds for the payment to be processed every month. Also, don’t forget to review your recent transactions regularly for any suspicious activities.