The introduction of mobile wallets is one of the latest developments in payment innovation that’s making it easier and easier to pay for your purchases when you shop online. When it comes to virtual wallets for Chase credit card customers, Chase Pay could be a better payment alternative than mainstream options like Apple Pay and Google Pay. After all, Chase Pay lets you utilize your Chase credit cards to earn rewards on your spending and redeem your rewards for statement credits as you shop.
What is Chase Pay?
Like other mobile wallets, Chase Pay used to be a payment method you could use to pay for purchases using your mobile device. Chase closed the Chase Pay mobile app in February 2020 in order to refocus on integration for online shopping—Chase Pay now appears as a payment option at checkout with select merchants.
If you have a Chase debit card or a Chase credit card like the Chase Freedom Unlimited®, the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®, you don’t have to set up a new account to use these cards through Chase Pay. All eligible Chase cards are automatically added to your Chase Pay digital wallet.
Chase Pay also connects with your Chase Ultimate Rewards account, making it easy to track your rewards points or redeem them for statement credits as you shop online. You can also link your Chase Pay account to PayPal in order to pay with millions of retailers around the world. Chase also works behind the scenes to keep your card details up-to-date, meaning you’ll never have to login and update your card expiration date or security code.
How secure is Chase Pay?
By and large, using a credit card for purchases through Chase Pay is more secure than paying directly with a credit card, or with cash or a debit card because Chase Pay never shares your card numbers with merchants. When you use Chase Pay to make a purchase, the mobile wallet creates tokenized payments to protect your card numbers from hackers and thieves.
Chase Pay is backed by the same robust security measures as the Chase banking app and the bank itself. All Chase credit cards also come with zero fraud liability protection, ensuring you’ll never be on the hook for fraudulent transactions made with your credit card or card number.
How to use Chase Pay
Paying for purchases with Chase Pay is easy. When you shop online or within merchant apps that integrate this payment method, you’ll simply choose “Chase Pay” at checkout, then choose a Chase credit card from your digital wallet and proceed with checkout as normal. As an added bonus, you can sign in and set up Chase Pay to work with PayPal, in which case Chase Pay will link all of your Chase credit cards and debit cards to your PayPal account at once.
Just keep in mind that Chase Pay only works with personal Visa credit cards offered through Chase, and not with Chase Mastercard products like the new Chase Freedom Flex℠. Additionally, you cannot use Chase Pay to pay with a business credit card from Chase. Also note that you can only use Chase Pay with participating merchants, which may change over time. Currently, some of the most popular merchants that accept Chase Pay include:
- Fred Meyer
- Phillips 66
- Starbucks app
How to earn points with Chase Pay
Chase Pay makes it more convenient to pay for eligible purchases with a Chase debit card or credit card, but the way you’ll earn rewards won’t change. To rack up cash back or points in the Chase Ultimate Rewards program using Chase Pay, all you have to do is pay with the credit card you want to earn points with.
Chase cards that earn rewards
All eligible Chase credit cards can help you earn points through Chase Pay, and this includes some of their co-branded travel credit cards. Here are some of the top credit cards you can use to earn points or miles through this mobile wallet, as well as any other time you shop.
Chase Freedom Unlimited®
When you sign up for the Chase Freedom Unlimited®, you’ll earn a flat 1.5 percent back on all your spending, as well as 3 percent back at drugstores and restaurants without paying an annual fee. As an added bonus, you can earn $200 cash back when you sign up and spend $500 within three months of account opening. You’ll also qualify for 0 percent APR on purchases for 15 months, followed by a variable APR of 14.99 percent to 23.74 percent.
Chase Sapphire Preferred® Card
Sign up for the Chase Sapphire Preferred® to earn 2x points on travel and dining and 1x points on other purchases. You can also earn 80,000 points when you spend $4,000 on your card within three months of account opening. Plus earn up to $50 in statement credits towards grocery store purchases (one-time statement credit: available for 12 months from account opening). A $95 annual fee applies, but rewards earned with this card can be redeemed for 25 percent more travel through the Chase portal, or for 1:1 transfers to Chase airline and hotel partners.
Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards Visa Signature Card is ideal for Amazon Prime members who spend a lot when they shop online. You’ll get an Amazon gift card loaded to your account upon approval, and you’ll earn 5 percent back at Amazon and Whole Foods Market, 2 percent back at gas stations, restaurants and drugstores and 1 percent back on other purchases. There’s no annual fee.
Chase Disney® Premier Visa® Card
This Disney credit card starts you off with $200 in statement credits when you spend $500 on your card within three months of account opening. You’ll also earn 2 percent back in Disney Rewards Dollars when you shop at gas stations, restaurants, drugstores and most Disney locations, as well as 1 percent back on other purchases. You can redeem your rewards for most purchases at Disney locations or for statement credits toward airfare. A $49 annual fee applies.
Alternatives to Chase Pay
If you want to pay for purchases using a digital wallet, you can download Samsung Pay, Apple Pay or Google Pay on your phone, depending on the kind of device you have. All of these mobile wallets offer similar features and the ability to pay for online and in-app purchases with superior convenience and security.
If you want to make online purchases without having to enter your credit card number, PayPal is a good alternative. It works similarly to Chase Pay and is more widely accepted.
Also, keep in mind that you don’t have to use Chase Pay in order to use a Chase credit card to shop online or using your favorite app. You can always skip using a mobile wallet and enter your credit card details manually instead.
All information about the Amazon Prime Rewards Visa Signature Card has been collected independently by Bankrate and has not been reviewed by the issuer.