Best Chase Balance Transfer Credit Cards
Carrying credit card balances can force you deep into debt before you know it, especially if you’re only making minimum payments. Transferring the balances to a 0% credit card can save you a significant amount of money in interest and get the debt paid off faster.
Chase has three credit cards that offer 0% introductory financing on balance transfers and a $0 annual fee. Each includes additional benefits, such as free access to your weekly credit score and tools to help you stay on top of your credit.
3 Best Balance Transfer Credit Cards from Chase
Keep reading to learn more about the best Chase balance-transfer credit cards and how they can help you wipe out your debt as you earn cash back and other rewards.
| Card | Features |
|---|---|
| Chase Freedom Flex Credit Card | Best for: Bonus Category Cash Back
-14.99% to 23.74% variable APR |
| Chase Freedom Unlimited Credit Card | Best for: Everyday Spending
-14.99% to 23.74% variable APR |
| Chase Slate Edge Credit Card | Best for: Low APR
-14.99% to 23.74% variable |
Chase Freedom Flex Credit Card
Best for: Bonus Category Cash Back
The Chase Freedom Flex card offers a 0% introductory APR on balance transfers to give you plenty of time to whittle down your credit card debt, if not pay it off entirely. In the meantime, you’ll earn 5% cash back on up to $1,500 in purchases in whatever bonus spending category or with whichever merchant you activate each quarter. Once you’ve reached the $1,500 limit, rewards automatically revert to 1% for subsequent purchases.
Pros
- Excellent introductory offer for balance transfers
- Flexible top-tier bonus categories and merchants that change quarterly
- Generous, easy-to-earn new cardmember bonus
- Free and discounted DoorDash DashPass subscriptions
- $0 annual fee
Cons
- Balance transfer fee of $5 or 3%, whichever is greater
- Must activate bonus category/merchant each quarter to earn 5% reward
- 3% foreign transaction fee
Who would benefit from this card? Customers who want the flexibility of rotating 5% cash back reward categories.
Chase Freedom Unlimited Credit Card
Best for: Everyday Spending
Rather than provide limited rewards on rotating bonus categories and merchants like the Freedom Flex card, the Chase Freedom Unlimited card increases the lowest reward to 1.5% on all purchases that don’t qualify for 3% or 5% cash back. Whether that is likely to earn you more cash back in the long term depends on how much you spend and what you buy, but with this card, there’s no guessing — you always know what reward you’re earning. Plus, you get the same 0% introductory APR on balance transfers for 15 months.
Pros
- Excellent introductory offer on balance transfers
- Predictable cash-back rewards on purchases
- Generous, easy-to-earn new-cardmember bonus
- Free and discounted DoorDash DashPass subscriptions
- $0 annual fee
Cons
- Balance transfer fee of $5 or 3%, whichever is greater
- 3% foreign transaction fee
Who would benefit from this card? Customers who want to maximize earnings on everyday spending.
Chase Slate Edge Credit Card
Best for: Low APR
The Slate Edge balance-transfer card comes with a 0% introductory rate on balance transfers for 12 months. This card doesn’t offer cash back on purchases, but it can save you money by reducing your APR up to 2% each year. And you can avoid incurring interest charges on new debt with the My Chase Plan. The plan lets you make equal monthly payments on purchases of $100 or more for a fixed monthly finance charge.
Pros
- 0% introductory APR on balance transfers for 12 months
- Opportunity to reduce APR
- Easy-to-earn bonus credit for new cardmembers
- Automatic credit-limit review for eligible cardmembers
- Eligible for My Chase Plan
- $0 annual fee
Cons
- Fewer card benefits than Freedom cards
- $5 or 3% balance transfer fee, whichever is greater
- 3% foreign transaction fee
Who would benefit from this card? Customers whose primary use for the card is consolidating higher interest credit card debt.
Selecting the Best Chase Balance Transfer Credit Card for You
Which of the three Chase balance-transfer cards is right for you depends on how much debt you’re transferring and how you plan to use the card outside of paying off those balances. Both Freedom cards give you 15 months of interest-free financing on balance transfers plus generous cash-back rewards, but you’ll pay at least 14.99% APR after the promotional period ends. The Slate Edge card gives you less time to pay off the transferred balances. However, a 2% rate reduction when the promotional APR ends makes carrying any unpaid balance a little less costly.
Methodology: GOBankingRates identified the best balance transfer credit cards by analyzing all banks with over $100 billion in total assets, as well as the three largest Credit Unions along the following factors: (1) length of 0% intro APR for balance transfers; (2) length of 0% APR for purchases; (3) balance transfer rate; (4) balance transfer fees; (5) foreign transfer fees; (6) annual fees; (7) purchase APR; and (8) any perks associated with a card that might extend its value past the promotional APR period. All fees and rates are subject to change at the credit card issuers’ discretion. Some offers might not be available on the credit card issuers’ websites, depending on how you access the web page. Data was sourced from the financial institution’s website or promotional material between Aug. 4, 2021, and Sept. 28, 2021. Please verify terms and conditions before opening an account.
Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.
