How to do a balance transfer with Chase

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, a Chase balance transfer credit card with an intro APR offer could be exactly what you need.

How to do a balance transfer with Chase

Whether you decide 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 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 credit 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 new card’s 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 overlook factoring in the Chase balance transfer fee when initiating a balance transfer request. Make sure to confirm that you have read the terms and conditions and follow the prompts to transfer the balance to your Chase credit card. If you prefer assistance from a customer service representative, call the number on the back of your credit card to get started.

   After requesting a balance transfer with Chase, you can check your Chase account to monitor the progress of the transfer. Remember that it may take up to 21 days for Chase to process the balance transfer, so be patient. During this time, continue making timely payments on all your credit card accounts to avoid late fees and penalties.

   Once the balance is transferred to your Chase card, verify your old account to ensure that the full amount of the transfer has occurred. Neglecting to pay off any remaining balance on your old account could result in late fees and harm your credit score.

   For more information on balance transfer credit cards, visit How to choose a balance transfer credit card.

   In conclusion, transferring a balance to a Chase credit card with an intro APR offer can help you consolidate high-interest credit card debt and save on interest for a limited time. Before selecting a balance transfer card, compare the best offers available on the market. Different cards offer varying intro APR periods, and some may even include additional benefits like intro offers for purchases.

   If you have any further questions or concerns about Chase balance transfers, refer to the FAQs section below for more information.

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