To do a balance transfer with a Chase credit card, you will need a Chase card that is eligible for balance transfers. Log into your account to see if your card is eligible. If so, enter the account number(s) from which you’re transferring the debt and the amount of your desired transfer. Accept the Terms and Conditions to complete the transfer.
You can also complete a balance transfer with Chase by phone. Call the customer service number and ask to speak to a representative. You will need the name of the account with the debt to be transferred, and the transfer amount.
A balance transfer with Chase allows you to pay off debt interest free, or at a reduced interest rate for a specified number of months. Chase charges either $5 or 5% of the amount of each transfer, whichever is greater.
You cannot transfer debt from one Chase credit account to a Chase credit card. You’re also limited to $15,000 in balance transfers in 30 days, and you must have enough available credit to cover any transfer, including fees.
Here’s how to do a balance transfer with Chase:
- Log into your online account. From the menu at the top of the screen, click the Pay & Transfer drop down menu and select card balance transfers. You cannot use a debit card or a prepaid card for balance transfers.
- You will see your Chase card information and a balance transfer offer. The offer will provide the APR and how long the transfer APR will be in effect. You will also be advised of the amount of the transfer fee and the amount of your credit limit available for balance transfers.
- You will be asked to perform the transfer by a specific date. Chase requires balance transfers be completed within the first 60 days in order to be valid.
- Click Next. Enter the account number of the account from which you’ll be transferring debt.
- Enter the amount you’d like to transfer. You cannot transfer more than $15,000 or more than your available credit limit, including any transfer fees. If you enter an invalid amount, you will see an error message displaying the maximum amount you are allowed to transfer.
- Read the Terms and Conditions specific to the offer. Click the “Agree and Continue” box.
- You will have an opportunity to review, edit or cancel the balance transfer. If everything is correct, click “Set up transfer.”
Balance transfers can take up three weeks to post. Continue to make payments on any transferred accounts until the transfer posts to your account to avoid any late payment charges.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.