Chase credit card: 0% purchases up to 15 months, no FX fees
Chase credit card from J.P. Morgan Europe Limited (trading as Chase) is an app‑centred consumer credit card issued on the Mastercard network and designed primarily for Chase UK current account holders.
The product positions itself as a straightforward purchase and travel card rather than a rewards or balance‑transfer specialist: it offers a long interest‑free purchase period, no annual fee and no foreign transaction fee, with account setup and many controls handled inside the Chase mobile app.
The card carries a representative purchase rate after any introductory period and applies Mastercard’s exchange rate for foreign currency transactions without an additional fee from Chase.
Eligibility checks in the app are performed as a soft search so prospective applicants can check likelihood of approval without affecting their credit file; a hard search is carried out when you submit a full application. The product is being rolled out via pilot and invitation phases and is aimed at customers who prefer a modern, digital banking experience.
Benefits
Key customer benefits are focused on pricing transparency, travel friendliness and a streamlined, app‑led experience. The main benefits are:
- 0% interest on purchases for up to 15 months (if you make your minimum monthly repayments)
- No annual fee (annual fee: 0)
- No foreign transaction fees; transactions in other currencies are converted using Mastercard exchange rates
- Instant in‑app card details on approval, so you can use the card digitally before any physical card arrives
- Active fraud monitoring and account notifications via the Chase app
- Compatibility with Apple Pay and Google Pay for digital wallet payments
Prerequisites
Before applying, confirm the criteria you must satisfy. The issuer states these prerequisites:
- Minimum age: 18 (applicants must be at least 18 years old)
- Residency requirement: Only available to Chase UK current account holders; you must keep your Chase current account open while you hold the credit card
- Eligibility checks: An initial eligibility check in the Chase app is a soft search and won’t affect your credit score; a hard check is performed when you apply
About J.P. Morgan Europe Limited (trading as Chase)
J.P. Morgan Europe Limited operates the Chase retail offering in the UK under the Chase brand. The Chase UK business is an app‑first retail operation supported by the global resources of J.P. Morgan Chase & Co. The international parent has a long banking history and substantial global operations; Chase UK has emphasised a limited, digitally delivered product set and mobile onboarding flows rather than an extensive branch network.
Chase UK launched current accounts and has expanded into a small range of additional consumer products, typically rolled out through pilot or invitation programmes. The UK business focuses on rapid digital onboarding, integrated in‑app features and a modern user experience rather than traditional high‑street service channels.
Who is this card for?
This card is aimed principally at existing Chase UK current account holders or prospective customers prepared to centralise their everyday banking with a digital provider. It suits:
- Consumers who want a long 0% purchase period to finance a larger purchase without interest for up to 15 months (subject to minimum repayments)
- UK travellers and people who spend in foreign currencies and value no foreign exchange fee and Mastercard’s exchange rate
- People who prefer app‑centric banking with instant digital card issuance and in‑app controls
This product is not targeted at applicants seeking elaborate loyalty schemes, extensive partner benefits, or a balance‑transfer tool: Chase currently does not offer balance transfers on this card.
Step by step to apply for the card
Application and account management are routed principally through the Chase mobile app. The following steps describe the typical application flow based on issuer disclosures:
- Open the Chase mobile app and sign in to your Chase UK current account (the product is only available to Chase current account holders).
- In the app, use the credit‑card eligibility checker: Chase will perform a soft search of your credit file so you can check eligibility without affecting your credit score.
- If the soft check indicates you are eligible, proceed with the full application in the app or via the Chase application support page. A hard credit check will be performed as part of the application process.
- If approved, you will receive instant in‑app card details for immediate digital use. The app will also show any assigned credit limit and standard terms.
- Receive the physical card by post if Chase issues one; any activation instructions provided by Chase will be available in the app or accompanying documentation.
To start the eligibility check and application process, use the issuer’s application support page or the product page. You can also check details and apply via the Chase support application page:
App downloads
You can access Chase account features and the credit‑card eligibility checker through the Chase app. App download pages (to be verified before use):
Card’s pros and cons
This card has clear strengths and important limitations; the decision to apply should weigh these objectively.
Pros
- Long 0% purchase introductory period: 0% interest on purchases for up to 15 months, which may suit financing a larger purchase if you pay the required minimums (issuer condition)
- No annual fee
- No foreign transaction fee: Chase applies Mastercard’s exchange rate and does not add an additional FX fee
- Fast digital access: instant in‑app card details on approval and integrated app controls
- Digital wallet support: Apple Pay and Google Pay compatibility
Cons
- Representative APR after the promotional period: 24.9% p.a. (variable) — this is the published purchase rate once any introductory offer ends
- Card availability limited to Chase UK current account holders; you must keep that account open while holding the credit card
- No balance transfer option currently offered — the product is not suitable as a balance‑management card
- Cash advance details (APR and fees) are not published in the public materials reviewed; this important information is Not disclosed by issuer as of 2025-08-18
How to unlock the card
Chase supplies instant in‑app card details to approved applicants, enabling immediate digital use. Beyond this, detailed activation or physical card unlocking steps are not publicly disclosed in the material reviewed. Concretely:
- Instant in‑app card details on approval are provided (you can use those details digitally immediately).
- Specific physical card activation/unlocking instructions: Not disclosed by issuer as of 2025-08-18.
Fees and tariffs
The principal pricing points disclosed by the issuer are as follows. All figures and terms are taken from Chase’s published materials:
| Item | Terms / Amounts |
|---|---|
| Annual fee | £0. |
| Introductory purchase offer | 0% interest on purchases for up to 15 months (provided you make your minimum monthly repayments). |
| Representative APR | 24.9% APR (variable). Rates range from 24.9%–29.9% depending on individual circumstances. |
| Late payment fee | £12 per late minimum payment (each occurrence). |
| Foreign transaction fees | £0; transactions in other currencies are converted using the payment scheme exchange rate (Mastercard). |
| Balance transfer / Money transfer | Not applicable — the product does not currently offer balance or money transfers. |
| Cash advance / Cash withdrawal | Cash transaction fee: £0. No interest-free period; interest is charged from the transaction date at your variable rate (typically 24.9%–29.9%). |
| Grace period (purchases) | Up to 56 days when you pay your statement balance in full and on time. No interest-free period on cash transactions. |
| Overlimit fee | £0. |
Note: This table reflects the issuer’s published materials and may change; always check the latest terms.
Customer service and support
Chase provides digital support channels for product queries. Publicly disclosed contact resources include:
- Customer support and contact information (web chat / help centre)
- Application support page
- Product page and summary box
Final considerations and disclaimers
This article uses information published by J.P. Morgan Europe Limited (trading as Chase) and other publicly available Chase materials as of 2025-08-18. Where an issuer has not published a specific fact on its product pages or fees documentation, this article states that the information is not disclosed by the issuer as of 2025-08-18; no assumptions have been made.
Please note that credit card terms, rates and product availability can change. This article is for informational and educational purposes and is not personalised financial advice. Before applying, check the latest terms in the Chase app or on the Chase website and consider whether you can responsibly manage credit (for example, paying balances in full where possible or at least making minimum payments on time).
Sources used
Chase product page (Chase.co.uk); Chase credit card adequate explanation (Chase.co.uk); Credit Card: Additional Terms (PDF) (Chase.co.uk); Applying for a Chase credit card (Chase.co.uk); Chase credit card pilot update (Chase.co.uk)
About the author
I have completed studies in law and marketing, and professionally I specialize in creating strategic content, branding, and social media management. I’m passionate about finance and communication, and my mission is to simplify complex topics and deliver valuable, accessible information. I’m communicative, organized, and I love fashion and good shopping. In my free time, I enjoy spending time in nature, cooking, traveling, and consuming content that sparks my curiosity and desire to learn.
