Best Chase balance transfer credit cards of July 2024
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“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.
BLUEPRINT
Updated 5:07 a.m. UTC July 1, 2024
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Chase Bank offers three balance transfer credit cards that all come with the features you want in this type of card: Each one gives you over a year of no interest with no annual fee.
While our best overall pick, the Chase Slate Edge℠ *, doesn’t have cash-back rewards or travel rewards like the other cards, it does have the longest low-interest period and other enviable features, including the potential for a 2% APR reduction each year. Here are the best Chase balance transfer credit cards of July 2024.
Best Chase balance transfer credit cards
- Chase Slate Edge®*: Best overall.
- Chase Freedom Unlimited®: Best for everyday spending.
- Chase Freedom Flex®*: Best for bonus cash-back categories.
Why trust our credit card experts
Our team of experts evaluates hundreds of credit cards and analyzes thousands of data points to help you find the best card for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below.
- 35+ cards analyzed.
- 5+ data points considered.
- 5-step fact-checking process.
Best overall
Chase Slate Edge®
*The information for the Chase Slate Edge® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
Best for everyday spending
Chase Freedom Unlimited®
Best for bonus cash-back categories
Chase Freedom Flex®
*The information for the Chase Freedom Flex® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
Compare the best Chase balance transfer credit cards
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Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
Earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening,
The information for the Chase Slate Edge® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
Why this card made the list
When you’re looking for a balance transfer card, the length of the intro APR offer should be the paramount consideration. The Chase Slate Edge® * The information for the Chase Slate Edge® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. gives you the longest introductory APR offer of the three balance transfer cards: 0% intro APR for the first 18 months on purchases and balance transfers, then a variable APR of 20.49% – 29.24% applies. An intro transfer fee of either $5 or 3% of each transfer, whichever is greater, applies on transfers made in the first 60 days. After that, a fee of either $5 or 5% of each transfer, whichever is greater applies.
You can also get an automatic 2% reduction on your regular APR each year, until your APR reaches the Prime Rate plus 9.74%. To qualify for the reduction, you have to make on-time monthly payments and spend at least $1,000 on your card by your annual account anniversary.
- APR: 0% intro APR for the first 18 months on purchases and balance transfers, then a variable APR of 20.49% – 29.24% applies. An intro transfer fee of either $5 or 3% of each transfer, whichever is greater, applies on transfers made in the first 60 days. After that, a fee of either $5 or 5% of each transfer, whichever is greater applies.
- Annual fee: $0.
- Welcome bonus: None.
- Rewards: None.
Why this card made the list
There’s a lot to love about the Chase Freedom Unlimited®. The card comes with a lengthy low intro APR offer on purchases and balance transfers, making it a solid option for financing large purchases or consolidating existing card balances.
But the card is also packed with value, earning double cash back-rewards at the end of the first cardmember year, above-average ongoing rewards and several valuable perks — all without charging an annual fee.
- APR: 0% intro APR for the first 15 months on purchases and balance transfers, then a variable APR of 20.49% to 29.24%. An intro transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, applies in the first 60 days. After that, a fee of either $5 or 5% of each transfer applies.
- Annual fee: $0.
- Welcome bonus: 1.5% back on everything bought in the first year on up to $20,000 in spending, which is worth up to $300.
- Rewards: 5% cash back on travel purchased through Chase Travel℠, 3% cash back on eligible dining and drugstore purchases and 1.5% cash back on all other purchases.
The information for the Chase Freedom Flex® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
Why this card made the list
If you want to flex your cash-back earning muscles, look to the Chase Freedom Flex® * The information for the Chase Freedom Flex® has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. . It combines rewards in rotating quarterly categories you have to activate with strong, ongoing rewards on dining and drugstore purchases, as well as travel booked through the Chase Travel℠ portal, all for no annual fee.
These generous earnings give the card staying power long after the intro APR period expires, making it a card good for long-term use as well as a solid debt-busting tool.
- APR: 0% intro APR for the first 15 months on purchases and balance transfers, then a variable APR of 20.49% to 29.24%. There is an intro balance transfer fee of either $5 or 3% of each transfer, whichever is greater, in the first 60 days. Then the fee is the greater of $5 or 5% of each transfer.
- Annual fee: $0.
- Welcome bonus: $200 bonus after spending $500 on purchases in the first three months of account opening.
- Rewards: 5% cash back on up to $1,500 in categories that rotate quarterly (requires activation), 5% cash back on travel purchased through Chase Travel℠, 3% cash back on dining and drugstores and 1% cash back on all other purchases.
Methodology
Our credit cards team has spent hours analyzing hundreds of credit cards. We took a deep dive into the details of each product and that analysis, combined with our years of experience covering credit cards, informed us as we developed these credit card rankings. Factors we considered in creating our rankings included: Issuer, Length and type of 0% APR offer, balance transfer fees, if the card earned rewards, any other benefits or perks that make the card worth keeping after the intro offer expires.
Should you get a Chase balance transfer credit card?
Chase offers several great options for balance transfers. When compared to other balance transfer cards on the market, here’s where they really stand out:
- The introductory APR offers apply not just to balance transfers but to purchases too, so cardholders truly get an introductory APR period.
- All cards have no annual fees.
- The Chase Freedom Unlimited® and the Freedom Flex card both earn generous, ongoing rewards giving them good reason to stay in your wallet long after the intro APR offer expires.
- Each card comes with three months of a complimentary Instacart+ and DashPass membership. You must enroll in the Instacart+ membership by July 31st, 2024 and activate the DashPass membership by Dec. 31, 2024.
Guide to Chase balance transfer credit cards
As with any balance transfer credit card, these credit cards are useful for someone who needs help managing debt.
When you transfer your debt to the Chase Freedom Unlimited card, the Chase Freedom Flex card or the Chase Slate Edge card, you’ll get over a year of no interest charges. That means you have a chance to put more of your money towards your balance (and not interest) to pay down that debt faster.
If you plan to make a balance transfer with one of these cards, just be sure to do it within 60 days of opening the account. After 60 days, the balance transfer fee goes from 3% to 5%. On a $10,000 transfer, that’s the difference between a $300 fee and a $500 fee.
Are Chase credit cards good for balance transfers?
Chase offers three credit cards that are good for balance transfers: the Freedom Unlimited, Freedom Flex and Slate Edge.
What makes them ideal for balance transfers? They each come with an introductory APR for both balance transfers and purchases, they have no annual fees and their balance transfer fees are competitive, as long as you make a transfer within 60 days from account opening.
There are, however, a few drawbacks to keep in mind:
- Chase doesn’t offer credit card preapproval.
- Credit score requirements are not disclosed, but as with most balance transfer cards, you likely need good to excellent scores to qualify.
- Chase’s unofficial 5/24 rule means you won’t be approved if you’ve opened five or more credit cards with any bank in the past two years.
- You can’t transfer balances from one Chase credit card to another Chase card.
A balance transfer isn’t always a perfect solution for tackling debt. Here are the pros and cons of balance transfer credit cards.
How to do a balance transfer with Chase
You can follow these steps to complete a balance transfer on a new Chase credit card:
- Start your application for a Chase credit card online, over the phone or in person.
- If applying online, mark “yes” when asked if you want to make a balance transfer.
- Provide details about the account you’re transferring debt from and the amount you wish to transfer.
- Be sure to make any payments that come due on your pre-existing debt account while waiting for the balance transfer to process.
If you don’t have your current debt information handy when filling out the application, that’s ok. You can apply for the card and then complete the balance transfer online once you’ve been approved. However, you’ll want to make sure you process this transaction right away. You only have 60 days to complete the transfer if you want to take advantage of the promotional period.
Wondering the impact a balance transfer could have on your credit score? Here’s what you need to know
Watch out for balance transfer fees
Most balance transfer cards, including Chase cards, have a balance transfer fee of 3% or more. With Chase, you pay either a $5 or 3% balance transfer fee, whichever is greater, if you make your transfer within 60 days from account opening. On a balance transfer of $5,000, the fee would come out to $150.
If you wait until after 60 days from account opening, the fee goes up to 5%. For a $5,000 transfer, that fee would come out to $250.
Choosing the right balance transfer card from Chase
Choosing the right balance transfer credit card from Chase is a matter of preference.
If you’re looking for the longest intro APR period, go with the Chase Slate Edge, since it comes with an 18-month introductory APR offer whereas the other cards only give you 15 months. If you want a card with staying power after the intro APR period, choose the Freedom Unlimited or the Freedom Flex, the right card between these two options will depend on your spending patterns.
Alternative balance transfer cards to consider
The Chase cards on our list are some of the best balance transfer credit cards available. But if you’re looking for a longer introductory APR period and earning rewards isn’t a priority, try our top pick for a balance transfer card, the Wells Fargo Reflect® Card * The information for the Wells Fargo Reflect® Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. .
The Wells Fargo Reflect Card has a practically unbeatable offer of 0% intro APR for 21 months from account opening on purchases and on qualifying balance transfers made within the first 120 days, afterwards a 18.24%, 24.74%, or 29.99% variable APR applies. There’s a balance transfer fee of 5% with a $5 minimum. Plus, the card has other features associated with good credit cards, including a $0 annual fee and cell phone protection when you pay your monthly cell phone bill with the card.
Frequently asked questions (FAQs)
A balance transfer will affect your credit score, but it’s difficult to predict whether it will rise or fall at first. If you open a new credit card for your balance transfer, the hard pull on your credit reports and the shortened average age of accounts can cause your score to drop.
In the long run, a balance transfer can improve your credit score if it helps you pay down your debt faster, gives you more available credit and if you make your new credit card payments on time.
Chase limits your total balance transfers to $15,000 within a 30-day period.
On the Chase Freedom Unlimited, the Chase Freedom Flex and the Chase Slate Edge, the balance transfer fee is: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After the first 60 days, the balance transfer fee is: Either $5 or 5% of the amount of each transfer, whichever is greater.
Chase offers three credit cards with an intro APR on balance transfers: the Chase Freedom Unlimited, the Chase Freedom Flex and the Chase Slate Edge.
Balance transfers with Chase can take up to 21 days. The time frame mainly depends on the account you transfer a balance from.
*The information for the Chase Freedom Flex®, Chase Slate Edge® and Wells Fargo Reflect® Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.
Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.
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