Best Chase balance transfer credit cards

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In a Nutshell

A balance transfer card can help you consolidate and pay down your credit card debt at a lower interest rate. Read on to learn more about our picks for the best Chase balance transfer cards that can help you get there.

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This offer is no longer available on our site: Chase Freedom®

Chase offers two credit cards with intro balance transfer offers — Chase Slate® and Chase Freedom®.

A balance transfer credit card can help you consolidate your credit card debt to one card, potentially at a lower interest rate. These two cards from Chase both have offers that could help you pay down your credit card debt.

But there are some key differences you should be aware of as you’re researching the best balance transfer card for you.


At a glance: Compare our top Chase balance transfer card picks

Chase Slate® Chase Freedom®
Annual fee $0 $0
APR

0% intro APR for 15 months from account opening on balance transfers (and purchases)

(16.49%–25.24% variable APR on balance transfers and purchases after that)

0% intro APR for 15 months from account opening on balance transfers (and purchases)

(17.24 - 25.99% variable APR on balance transfers and purchases after that)

Balance transfer fee $0 intro balance transfer fee on transfers made during the first 60 days your account is open, after that, 5% (minimum $5) 3% intro balance transfer fee on transfers made during the first 60 days your account is open, after that, 5% (minimum $5)
Sign-up bonus None $150 bonus after you spend $500 on purchases in your first 3 months from account opening
Rewards None 5% cash back on up to $1,500 in combined purchases in bonus categories activated each quarter; 1% on all other purchases

  1. Longest intro APR: Tie
  2. Best balance transfer fee offer: Chase Slate®
  3. Best for rewards: Chase Freedom®
  4. Heads up: What to consider when applying for a balance transfer card
  5. Bottom line: Which card is right for you?

Longest intro offer for balance transfer APR: Tie

Regardless of which of these Chase cards you choose, you’re going to get the same introductory APR offer for your balance transfers (and purchases): 0% intro APR for 15 months from account opening. In the balance transfer world, this is a decent intro offer length.

You can’t go wrong with either of these Chase options if the intro APR offer on purchases and balance transfers is your main priority. Just be aware that after that intro period, you’ll be charged interest at a regular variable rate for both balance transfers and any purchases you make (the rate can vary by card).

Best balance transfer fee offer: Chase Slate®

When it comes to saving money with a balance transfer, Chase Slate® is likely the best choice. It may not come with fancy rewards, but it can help you consolidate and pay off your credit card debt.

The big perk that helps the card win out over the Chase Freedom® is that there is an intro $0 balance transfer fee for balances you transfer within the first 60 days of opening your account. This introductory balance transfer fee can be a valuable trait in a balance transfer card. It means you can move credit card balances to that card without getting charged a fee to complete your transfer.

What is a balance transfer fee?

But make sure you stay on top of the timing if you choose the Chase Slate®. After those first 60 days, you’ll be charged a fee for balance transfers: 5% of the transfer amount, or $5, whichever is greater.

Best for rewards: Chase Freedom®

If you’re looking to earn cash back on purchases in addition to the balance transfer offer and are willing to work with a quarterly rewards system, Chase Freedom® could be your best bet.

It’ll earn you a whopping 5% cash back on up to $1,500 in combined purchases each quarter. The catch is that those combined purchases have to be in bonus categories that rotate quarterly, and you have to activate quarterly. You’ll also get an unlimited 1% cash back on all other purchases.

From our partner

Chase Freedom®

From cardholders in the last year

Heads up: What to consider when applying for a balance transfer card

If you’re shopping around for a balance transfer card, odds are you’re hoping to consolidate and pay down some credit card debt. The main pitfall to be aware of here is that a balance transfer card may not be the right debt-payoff tool for everyone.

It may be the right choice if you can score a 0% introductory APR or an introductory balance transfer fee, and you plan to pay off your balance within the 0% intro APR time frame. But if you don’t pay off your balance within the 0% intro APR period, you could be stuck paying steep interest rates and fees, which could defeat the purpose of the balance transfer.

A personal loan is also an option if you know it will take a while for you to pay down your debt. But you’ll want to shop around and look for a personal loan with a lower interest rate than what a typical credit card would give you. Keep that in mind before you decide on a balance transfer card.


Bottom line: Which card is right for you?

Which Chase balance transfer card you choose should depend on your goals and your spending habits. If knocking out credit card debt is your top priority, Chase Slate® could help you get there without the rewards that might tempt you to spend even more.

Both cards are great choices for balance transfers, but the one that suits you best largely depends on how you spend and where you want to save.