Chase Freedom Flex balance transfer checks are mailed to creditworthy customers and can be used to reduce the cost of existing debt. Cardholders can use Freedom Flex balance transfer checks to transfer credit card and loan balances subject to high interest rates into a Freedom Flex account with a lower interest rate. A balance transfer check may not be used to pay off other credit cards or loans issued by Chase, though.
An account must be in good standing for the cardholder to be mailed Chase balance transfer checks. Cardholders can also transfer a balance, even if they don’t have a balance transfer check, by logging in to a Chase account online or by calling customer service at 1-800-432-3117.
Chase may decline a balance transfer check if your Freedom Flex account is not in good standing or if Chase is concerned about your ability to pay for any other reason. Your request will also be declined if you attempt to transfer more than the maximum amount permitted by Chase, which is generally $15,000 in a 30-day period. A balance transfer cannot exceed your available credit, either. If you write the check for more than your credit limit, Chase will decline the balance transfer.
Alternatively, cardholders can use Chase Freedom Flex checks to get cash or to transfer funds into a qualifying checking account. Using credit card checks for cash or a checking account transfer is often not beneficial for the cardholder, though, since the transaction will likely be treated as a cash advance and will be subject to a high interest rate and fee.
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