The Chase Ink balance transfer fee is 5% of the transfer amount, with a $5 minimum fee per transfer. The Chase Ink Business Cash, Business Unlimited and Business Preferred cards all have the same 5% (min $5) balance transfer fee.
Chase Ink’s transfer fee will be charged immediately when you transfer a balance, and will become part of the total balance that you are responsible for paying off. Interest on balance transfers will begin to accrue on the transaction date, unless your Chase Ink card has a 0% APR intro period when you sign up.
The Chase balance transfer fee is 5% of the total amount transferred ($5 minimum). All Chase balance transfer credit cards have the same transfer fee, except for Chase Slate, which has a $0 balance transfer fee for the first 60 days.
You’ll save on interest because Chase cards that allow balance transfers offer introductory 0% interest rates for a set number of months when you transfer a balance. When an introductory interest rate expires, the Chase card’s regular purchases APR will apply to any unpaid transferred balance.… read full answer
You can transfer debt to your eligible Chase credit card from other credit accounts such as personal loans, auto loans, student loans or other credit cards, as long as you have the available credit to do so. Chase does not, however, allow you transfer debt from one Chase credit account to another. That includes any loans issued by Chase Bank.
Chase Balance Transfer Fees by Credit Card:
Chase Slate: 5% balance transfer fee ($5 min). 0% introductory APR on balance transfers for 15 months. Regular APR: 16.74%–25.49% (V).
Chase Freedom: 5% balance transfer fee ($5 min). 0% introductory APR on balance transfers for 15 months. Regular APR: 16.74%–25.49% (V).
Chase Freedom Unlimited: 5% balance transfer fee ($5 min). 0% introductory APR on balance transfers for 15 months. Regular APR: 16.74%–25.49% (V).
Chase Ink Business Unlimited: 5% balance transfer fee ($5 min). 0% introductory APR on balance transfers for 12 months. Regular APR: 14.99%-20.99% (V).
Chase Ink Business Cash: 5% balance transfer fee ($5 min). 0% introductory APR on balance transfers for 12 months. Regular APR: 14.99%-20.99% (V).
A Chase balance transfer fee card can be a valuable tool to pay off high-interest debt. But you will need a minimum of good credit or better to have a chance at being approved for a card. And if you go with the Ink Business Unlimited, you’ll pay a $95 annual fee.
Chase balance transfer cards also come with high regular, or purchase APRs. These are important to know because once the introductory 0% APR expires, the regular APR will apply to unpaid balance. The same holds true if you miss a payment or submit a payment for less than the minimum amount due.
The Chase Slate® balance transfer fee was $0, but only during the first 60 days after opening the account. After that it's 5% (min $5) of the amount of each transfer, whichever is greater. All in all, considering the lengthy APR of 0% for 15 months on both purchases and balance transfers and the lack of an annual fee, the Chase Slate® card used to be one of the best balance transfer cards you could get.… read full answer
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