Yes, you can pay your Chase credit card from a savings account, but the method depends on whose bank holds the savings account
If the savings account is at Chase, you can link it directly to your credit card and set up a payment in seconds through the Chase mobile app or website. If the savings account is at a different bank, you have three working routes: use the other bank's bill pay feature to send money to Chase, transfer funds to a Chase checking account first and then pay from there, or provide your Chase payment information to initiate an ACH transfer from the other bank's account.
The key difference is speed and friction. A Chase-to-Chase payment posts the same day or next business day. A payment from an outside bank typically takes one to three business days, depending on how the transfer is sent. None of these methods cost money — Chase does not charge to receive payments from any source.
Key Takeaways
- Chase savings accounts can be linked directly to your Chase credit card for same-day or next-day payments through the Chase app or website.
- Savings accounts at other banks can send money to Chase using that bank's bill pay system, which usually takes one to three business days.
- You can also transfer money from an outside savings account to a Chase checking account first, then pay your credit card from there.
- Chase does not charge a fee for any of these payment methods, whether the money comes from inside or outside the bank.
- If you miss a payment important date, late fees and interest charges begin when ready, so confirm your payment posted before the due date.
Paying from a Chase savings account
Log into the Chase mobile app or website and go to your credit card account. Select "Make a Payment" and choose the savings account as the source. You can pay the full balance, the minimum, or a custom amount. The payment posts when ready or by the next business day, depending on the time of day you submit it.
You can also set up automatic payments from your Chase savings account so the same amount withdraws on the same date each month. This removes the risk of forgetting a payment, though you need to make sure the savings account always has enough money on the withdrawal date — if it does not, the payment will fail and you will incur a late fee.
Paying from a savings account at another bank
The simplest method is to use your other bank's bill pay feature. Log into that bank's website or app, select bill pay, and add Chase as a payee using your credit card account number. Enter the payment amount and the date you want it sent. Most banks send the payment within one to three business days.
Before you use this method for the first time, confirm with your bank whether they charge a fee for bill pay payments — most do not, but some banks charge a small fee per transaction. Also check whether your bank requires you to set up the payee in advance (usually 24 hours before the first payment) or whether you can do it on the same day.
If your other bank does not offer bill pay or you prefer not to use it, you can transfer money from the savings account to a Chase checking account (if you have one) and then pay your credit card from the checking account. This adds an extra step but works the same way as paying from a Chase savings account once the money is in the checking account.
What happens if the payment does not arrive on time
A payment is considered on time if it posts to your Chase credit card account by 5 p.m. Eastern Time on the due date. If you send a payment from another bank using bill pay, the payment may take two or three days to arrive, so you need to send it at least that many days before the due date to be safe.
If a payment does not post by the due date, Chase will charge a late fee (typically $25 to $39 depending on your card) and report the late payment to credit bureaus. Interest will also begin accruing on any unpaid balance at your card's APR. Once a payment is reported as late, it stays on your credit report for seven years.
If you realize a payment will not arrive in time, contact Chase when ready. You can make an emergency payment over the phone by providing your savings account information, and Chase will process it the same day. This does not erase a late fee if one has already been charged, but it stops additional interest from accruing.
Setting up recurring payments from a savings account
If you want the same amount to come out of your savings account automatically each month, Chase allows you to set this up through the app or website. You choose the payment date (which should be after you know your paycheck has arrived) and the amount. Chase will withdraw that amount on the same date each month.
Automatic payments work best if you pay the full balance each month and your income is predictable. If you carry a balance or your income varies, you may want to set up a payment for the minimum amount automatically and then make extra payments by hand when you have the money. This prevents overdrafts if your savings account runs low.
You can change or cancel an automatic payment at any time through the Chase app or website. If you cancel it, you will need to make manual payments going forward, so set a calendar reminder for your due date.
Avoiding common payment mistakes
The most common error is sending a payment from an outside bank and assuming it will arrive the next day. Bill pay typically takes one to three business days, and weekends do not count. If your due date is a Friday and you send a bill pay payment on Thursday, it may not arrive until Monday or Tuesday, which means it will be late.
Another mistake is setting up an automatic payment without checking that your savings account has enough money. If the account drops below the payment amount before the withdrawal date, the payment will fail, you will be charged a late fee, and you will have to make a manual payment to catch up.
A third mistake is paying from a savings account at a bank that is not connected to Chase's payment network. Some smaller banks or credit unions may take longer to send payments or may not be recognized by Chase's system. If you are unsure, call your bank and ask whether they can send bill pay payments to major credit card companies.
Frequently Asked Questions
Does Chase charge a fee to pay from a savings account?
No. Chase does not charge a fee for payments from any source — whether the savings account is at Chase or another bank. Your bank may charge a fee for bill pay, but Chase does not.
How long does it take for a payment from another bank to show up?
One to three business days is typical. Weekends and holidays do not count as business days. If you send a payment on Friday, it may not arrive until Tuesday. Always send payments at least three business days before your due date to be safe.
What if I do not have a Chase checking account, only a savings account?
You can still pay your credit card directly from the savings account. You do not need a checking account. If the savings account is at Chase, link it in the app. If it is at another bank, use that bank's bill pay to send money to Chase.
Can I pay my Chase credit card with someone else's savings account?
Only if that person authorizes it. You can use another person's bank account to pay your credit card if they give you permission and their bank allows it, but you are responsible for the payment and the debt. The account holder can revoke permission at any time.
What should I do if my automatic payment failed?
Log into your Chase account and check whether the payment shows as failed or pending. If it failed, make a manual payment when ready to avoid a late fee. Contact Chase to ask whether they will waive the late fee if one was charged, though they are not required to do so.