How to Consolidate Chase Credit Cards

Chase credit cards offer many discounts and free offers for customers. Consolidating unused credit lines into a single Chase credit card that comes with offers like no interest and no fee balance transfers will help to streamline financial obligations arising out of paying several credit card bills and incidental fees.

Instructions

1

Write a list of the features you want in the Chase credit card on a notepad. The list can include fees, discounts, balance transfer fees and APRs. Keeping this list handy can be an essential part of doing your research, especially if you are interested in a lot of features. Check the website of Chase credit cards at chase.com. Take a look at the credit card page. The website will list the number of credit cards on offer by Chase and the various discounts, fees and features associated with each card. Check with your list and note the cards that offer the best features for your needs.

2

List the unused credit cards and the balances that you need to consolidate into one Chase credit card. List the names of each credit card and make a note of the card balances you would like transferred. Keep this list handy when you call the bank.

3

Call Chase and speak with their representative. Give him the list of credit cards that you wish to consolidate. The representative will be in a position to accept some balance transfers up front. He will refer some credit card balance transfers for approval to their loan and lending department and get back to you the next day. Once you make a firm choice among the Chase cards, fill out the online application and wait for approval.

4

Call former credit companies after you are approved for a Chase card and the balances have been transferred. Confirm that the balances have actually been transferred. Ideally they should send you a billing statement showing a zero balance. If you have not received the billing statement, ask for one for your records. Experts believe that old credit lines should not be closed because credit scores are not affected by open credit lines. However, it is recommended that you terminate any old card that has a high APR to avoid paying unnecessary fees.

5

Read the terms of your new card carefully. Check all the discounts and rewards offered on the card. Maximize all benefits offered by the card. Pay off all expenses correctly every month.