How much is the Chase Sapphire Preferred balance transfer fee?

The Chase Sapphire Preferred card’s balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. You’ll be charged this fee each time you do a balance transfer.

Besides this fee, balances transferred to the Chase Sapphire Preferred also have an APR of 16.24% - 23.24% (V), based on each cardholder’s creditworthiness. If you’re looking for a card with a generous introductory 0% APR period, check out our editor’s latest picks for the best balance transfer credit cards.

The Chase Sapphire Preferred balance transfer fee is Either $5 or 5% of the amount of each transfer, whichever is greater. This card is not a good choice for balance transfers due to the combination of its balance transfer fee and relatively high balance transfer APR: 16.24% - 23.24% (V). That does not compare favorably to the selection of 0% balance transfer credit cards on the market right now.