Chase credit card checks are a way to quickly access your balance transfer or cash advance credit line on your credit card. Chase periodically sends balance transfer checks if your account has an offer. You aren't able to request these checks yourself, unfortunately. If you receive Chase balance transfer checks, you can use them to transfer funds to an eligible checking account and pay for pre-existing debt through a balance transfer. You can also use them for cash advances, either to get cash, or for transactions where a credit card wouldn't be accepted.
The difference between a Chase credit card balance transfer check and a regular personal check is that the former comes with additional costs, depending on how you use it.
Using a Chase credit card check for a balance transfer
If you receive a balance transfer check, you can use it to write a check to a creditor - a credit card company, loan provider, or other creditor Chase deems eligible for balance transfers. You can also call the number on the back of your card to transfer funds to an eligible checking account. The amount of the check will come out of your Chase card’s balance transfer credit limit. And you’ll owe the balance to Chase after the balance transfer is complete. Keep in mind that the amount of the balance transfer will be subject to any balance transfer fee and/or APR stipulated in your credit card terms.
Using a Chase credit card check for a cash advance
You can also use a Chase balance transfer check to pay for purchases or get cash. But using it this way will be treated as a cash advance and attract high costs. It will result in a cash advance fee and an immediate high cash advance APR on the amount of the check. So make sure you only use it this way in case of emergencies. And if you do end up using it for a cash advance, it’s best to have a plan to pay off the amount as soon as possible, and prepare to pay extra in fees.
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