19 June 2022 18:58

Balance transfer fee

around 3% to 5%usually around 3% to 5% of the total amount you transfer, typically with a minimum fee of a few dollars (often $5 to $10).

Do balance transfers hurt credit score?

The simple act of performing a balance transfer isn’t going to affect your credit score much, if at all. The key to changing your credit score is to use the transfer to reduce your debt — both in dollar terms and as a percentage of your available credit.

What is the balance transfer APR for Chase?

0% intro APR for the first 18 months from account opening on purchases and balance transfers. After that, 15.74 %–24.49 % variable APR. Balance transfer fee applies, see pricing and terms for more details.

What is a balance transfer fee?

A balance transfer fee is a charge imposed by a lender to transfer existing debt over from another institution. Balance transfers are commonly offered by credit card companies. Fees generally range between 2% and 3% of the amount transferred or a fixed dollar amount (as high as $10), whichever is greater.

Is Chase Freedom Unlimited a balance transfer card?

You can do a balance transfer with the Chase Freedom Unlimited card through your online account or by calling customer service at (800) 432-3117. The card is good for balance transfers as it has an intro APR of 0% for 15 months.

Does Chase ever offer balance transfers?

Chase lets customers transfer up to $15,000 within any 30-day period. If you need to transfer more than $15,000 in high-interest debt, consider using more than one balance transfer credit card that offers 0 percent APR for a limited time.