How to Do a Balance Transfer With Chase

Making a balance transfer with Chase is an easy process. Usually, it’s completed within a week, but it can also take up to 21 days. Transferring a balance is particularly beneficial for individuals looking to consolidate debt or seeking a reprieve from accruing interest.

When looking for a balance transfer card, it’s ideal to find one that offers a lengthy no-interest period, low fees and no annual fees. Chase has a number of cards that offer a 0% intro APR on balance transfers for 15 to 18 months.

Doing a balance transfer with Chase is easy and online. Transferring a balance is the same for new and current cardholders. However, you need to get a Chase card first if you don't have one yet.

1. Compare Chase cards and apply for one that aligns with your financial goals, ideally with a 0% intro APR offer and no annual fee.
2. Upon approval, you'll have the chance to initiate a balance transfer by following the steps below.

1. Log in to your Chase account.
2. Choose the credit card and account to which you wish to transfer the balance.
3. Provide your old credit card number and the transfer amount. Check all the details and press submit.

Chase typically processes balance transfers within a week, though it can take up to 21 days. You'll know the transfer is complete when the balance shows up on your Chase account. Continue making payments on your old card until the transfer is confirmed to avoid late fees and penalty APRs.

To monitor the progress of your balance transfer, log in to your Chase account. You can view your recent transactions and balance details to confirm when the transfer has been applied. If you have any concerns, call Chase customer service at 1-800-432-3117 for assistance.

Take note of Chase's balance transfer terms and details before deciding whether it is the right move for you.

When searching for the best balance transfer credit cards, consider those with a lengthy 0% intro APR period, minimal balance transfer fees and no annual fees. These features can significantly impact your ability to pay off your balance without incurring extra costs.

The Chase Slate Edge® is a notable option, offering a 0% intro APR period on balance transfers for 18 months, then a variable APR of 20.49% – 29.24% after that. Although it lacks a rewards-earning system, it features the longest no-interest period from Chase.

If you want to earn rewards on your balance transfer card, the Chase Freedom Unlimited® is an option. It offers a 15-month 0% intro APR period on balance transfers, then a variable APR of 19.74% - 28.49% after that and lets you earn cash back on purchases.

We answer some frequently asked questions about balance transfers with Chase to help you know more about the process.

Transferring a balance with Chase can be a smart financial strategy to help you save money and eliminate debt. But before you proceed, it’s important to understand the potential impact of a balance transfer on your credit score and the fees associated with the transfer.

The key to a successful balance transfer lies in your ability to pay off the balance within the intro APR period. Keep this in mind as you weigh the benefits and potential drawbacks of initiating a balance transfer.