Chase has several credit cards with a 0% APR introductory period of between 12 months – 15 months. You save more when the introductory APR period is longer. The following are the 3 top balance transfer cards issued by Chase.
1. Chase Slate
Chase Slate is regarded as one of the best balance transfer cards because it offers a 0% introductory period that lasts for 15 months. If you have confidence that you can pay your credit card debt within 15 months, the Chase Slate balance transfer card will be suitable for you. You will get charged with a variable APR of 13.24% – 23.24% after 15 months. MONEY Magazine named Chase Slate as the Best Credit Card for Balance Transfer for 3 consecutive years. If balance is transferred within 60 days, the balance transfer fee is waived. If you transfer the balance after 60 days, you have to pay a 5% fee or $5. You can access your FICO score through the dashboard on your account for free. Chase Slate does not cost you any annual or penalty fee. The only downside of Chase Slate is that the card does not have any type of reward program. You can easily get approved for the Chase Slate card if you have a good credit.
2. Chase Freedom
Chase Freedom also offer a 0% APR for 15 months so you don’t have to pay any interest if you manage to settle your balance within this period. Once the 15 months introductory period is over, you will get charged with a variable APR of between 14.2% – 23.24%. The card has a 5% balance transfer fee. You can also use your Chase Freedom card to earn points from your purchases. If you spend $500 in 3 months, they will give you a cash back worth $150. You also get to earn cash back if you spend money on the bonus categories. The bonus categories are changed every 3 months. The rest of your purchases will be rewarded with unlimited 1% cash back. You can redeem the cash back rewards at anytime because it does not have any expiry date. There is no annual fee charges in the Chase Freedom card.
3. Chase Sapphire Preferred
Chase Sapphire Preferred is another card by Chase bank that can be used for balance transfer. Chase Sapphire Preferred offers 0% APR for 12 months and it does not charge any foreign transaction fee. The card has an $89 annual fee but this fee is waived during the first year. The normal variable APR that you are charged after the 12 months introductory period is in between 16.24% – 20.24%. Chase Sapphire Preferred gives you the opportunity to earn 40,000 bonus miles if you meet the minimum spending level of $3,000 within 90 days. All the purchases that you made with the card will earn 2x miles and you can 5% miles everytime you redeem the miles.