Key takeaways

  • If you want to consolidate high-interest credit card debt, transferring a balance to a Chase credit card with a low or zero percent intro APR offer could help you to save on interest for a limited time and pay down your debt faster.
  • You can transfer a balance to an eligible Chase credit card after you’re approved during the application process or if you’re eligible for a balance transfer offer through an existing account.
  • Some of the best Chase balance transfer credit cards include the Chase Slate Edge℠, Chase Freedom Unlimited® and Chase Freedom Flex℠.

Balance transfer credit cards can be a valuable tool if you’re stuck paying off credit card debt with a high APR. After all, the right balance transfer card can help you consolidate and pay down debt with zero interest for a limited time, which could help you pay off debt faster and potentially save hundreds of dollars per month.

If you’re hoping to ditch debt and start working toward a better financial future, then a Chase credit card with an intro APR offer could be exactly what you need.

How to do a balance transfer with Chase

Whether you opt to make your balance transfer online or over the phone, transferring a balance to a Chase card is fairly simple. However, it’s important to keep in mind that there’s no guarantee that your balance transfer request will be approved, and if it is approved, you’ll need to factor in the cost of the balance transfer fee, as well. Bankrate’s balance transfer calculator can help you know what to expect.

How to transfer a balance to a new Chase card

You must be approved for the new Chase balance transfer card of your choice before you can fill out a balance transfer request. Once approved, you can transfer your balance to your new card by following these steps:

  1. Request a balance transfer from your old card. You’ll need to know the amount you want to transfer and make sure it won’t exceed your credit limit. If you try to transfer an amount that’s greater than your credit limit, Chase will either decline the transfer request or approve a smaller amount for transfer.
  2. Provide Chase with any additional information they need. You’ll need to give them your old credit card’s account number, as well as the name of the card issuer.
  3. Submit your balance transfer request. You’ll likely have to wait at least one week for Chase to approve your balance transfer.

If your card offers an intro balance transfer fee, you must typically transfer your balance within 60 days of account opening to qualify for it. After that, you may be subject to a higher balance transfer fee.

How to transfer a balance to an existing Chase card

If you want to transfer a balance to an existing Chase card, follow these steps:

  1. Log in to your Chase account. You can do this online or via the mobile app.
  2. Select the credit card and account that you want to transfer the balance over to. This is also a good opportunity to check for any balance transfer offers you may be eligible for.
  3. Enter the details of your transfer. These details include the account number of the credit card you want to move a balance from and the amount you want to transfer. Don’t forget to factor in the balance transfer fee.
  4. Submit your balance transfer request. You’ll have to confirm you have read the terms and conditions and follow the prompts to initiate the transfer to your Chase credit card.

If you prefer to transfer balances with help from a customer service representative, call the number on the back of your credit card instead to get started.

What to know after requesting a balance transfer with Chase

You can log in to your Chase account to see whether the balance transfer has taken place. Keep in mind it can take up to 21 days for Chase to process your balance transfer, so make sure to give it some time. While you wait, continue making on-time payments to all of your credit card accounts to avoid late fees and penalties.

Also, after the balance is transferred to your Chase card, make sure to check your old account to confirm that the full amount of the transfer has taken place. If your old account still has a small balance and you don’t pay your bill, you could face late fees and damage to your credit score.

Learn more: 6 steps to take after a balance transfer

Best Chase balance transfer credit cards

Chase Slate Edge

The Chase Slate Edge℠ comes with no annual fee and a 0 percent intro APR offer for 18 months on balance transfers and purchases (20.49 percent to 29.24 percent variable APR thereafter). Additionally, a 3 percent intro balance transfer fee (minimum $5) applies to transfers made within 60 days of account opening. After that, a 5 percent balance transfer fee (minimum $5) applies.

The card does not include any rewards or welcome offers. However, cardmembers are rewarded for responsible payment history: Each year that you charge $1,000 to your account and make consistent on-time payments, Chase will consider lowering the APR by 2 percent — a relatively rare perk in the credit card industry (additional terms apply).

Chase Freedom Unlimited

The Chase Freedom Unlimited®* credit card is another good option to consider. It offers a 0 percent intro APR offer on balance transfers and purchases for 15 months after opening your account (variable APR of 20.49 percent to 29.24 percent after). Balance transfers completed within the first 60 days are subject to a 3 percent intro balance transfer fee (minimum $5). After that period is up, a 5 percent balance transfer fee (minimum $5) will apply for each transfer.

This card also includes no annual fee, a solid rewards program and a welcome offer. You’ll earn 5 percent cash back on travel purchased through Chase Ultimate Rewards, 5 percent cash back on Lyft purchases (through March 31, 2025), 3 percent cash back on dining and drugstore purchases and 1.5 percent cash back on all other purchases. As for the welcome offer, you’ll earn a $200 bonus after you spend $500 on purchases in the first three months from account opening. You can also earn 5 percent cash back on combined gas station and grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year.

Chase Freedom Flex

The Chase Freedom Flex℠* is another smart choice for a balance transfer. It also comes with no annual fee and a 0 percent intro APR offer on balance transfers and purchases for the first 15 months (variable APR of 20.49 percent to 29.24 percent after). As with the Chase Slate Edge and Chase Freedom Unlimited, balance transfers completed in the first 60 days will include an intro balance transfer fee of 3 percent (minimum $5). Any balance transfers made after the first 60 days will be subject to a 5 percent balance transfer fee (minimum $5).

This card also comes with a welcome offer of $200 cash back after spending $500 within the first three months. The welcome offer also includes specialty rates of 5 percent cash back on combined gas station and grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year.

As for the card’s typical rewards program, you’ll earn 5 percent cash back on activated bonus category purchases each quarter (on up to $1,500 in purchases per quarter, then 1 percent back). You’ll also earn 5 percent cash back on Chase Ultimate Rewards travel purchases, 5 percent cash back on Lyft purchases (through March 31, 2025), 3 percent cash back on dining and drugstore purchases and 1 percent cash back on all other purchases.

Learn more: How to choose a balance transfer credit card

FAQs for Chase balance transfers

  • Chase says on its FAQ page that balance transfer requests can take anywhere from one week to 21 days to process.
  • Chase lets customers transfer up to $15,000 within any 30-day period. If you need to transfer more than $15,000 in high-interest debt, consider using more than one balance transfer credit card with an intro APR offer.
  • Like most issuers, Chase doesn’t allow cardmembers to transfer a balance from one Chase credit card account to another Chase credit card account. If you have debt on a Chase card that you want to transfer, you should choose a balance transfer card from another issuer.
  • Balance transfers don’t earn rewards. You’ll only earn rewards for the purchases you make with your card.

The bottom line

If you want to consolidate high-interest credit card debt, transferring a balance to a Chase credit card with an intro APR offer could help you to save on interest for a limited time and pay down your debt faster.

However, before choosing a balance transfer card, be sure to compare all of the best balance transfer offers on the market today. Some cards offer much longer intro APR periods than others, and you may be able to find an intro offer for purchases, among other benefits.

*Information about the Chase Freedom Unlimited® and Chase Freedom Flex℠ has been collected independently by Bankrate. Card details have not been reviewed or approved by the card issuer.