Soon, Your Chase Credit Card Won’t Work for Buy Now, Pay Later

Updated: January 24, 2025, 12:26am CST

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Table of Contents

Chase Credit Cards To Stop Working With Buy Now, Pay Later
What Is Chase Pay Over Time?
Final Thoughts

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Buy Now, Pay Later (BNPL) has been on the rise in recent years. Whatever your feelings about these services, many people are using them. And people are using their credit cards for these payments to hopefully earn some points or cash-back along the way.

If that’s you, and if you’ve been using a Chase credit card for Buy Now, Pay Later payment plans, know that your card will stop working with these platforms in October. Here’s what you need to know.

Chase Credit Cards To Stop Working With Buy Now, Pay Later

You may have noticed something interesting at the bottom of the first page of your latest Chase credit card statement. Starting in October, Chase credit cards won’t work with third-party Buy Now, Pay Later payment plans.

Chase statement about buy now pay later — Message on my credit card statement this week. Image Credit: Chase

The silver lining is that Chase is giving 3 months’ worth of notice to change the payment method associated with any BNPL plans you currently have. It’s also worth noting that the terms say Chase credit cards won’t work with “third-party Buy Now Pay Later (“BNPL”) installment plans.” That carves out an exception.

Chase offers its own Buy Now, Pay Later platform, called Chase Pay Over Time. By excluding third-party options, Chase is letting customers know that their only option for using a Chase credit card with BNPL is to use its own product — Chase Pay Over Time.

Bottom Line:

Your Chase credit card will only work with Chase’s own Buy Now, Pay Later service after October 10, 2024.

What Is Chase Pay Over Time?

Chase Pay Over Time functions like other Buy Now, Pay Later options. You split a purchase into equal monthly payments, there’s no credit check involved, and you still earn rewards on purchases when using your credit card. Note that not all purchases will be eligible, but this gives you an option for paying for purchases over time without accruing interest.

However, just because there’s no interest doesn’t mean you should assume these plans are free. You’ll still pay more in the long run by using Buy Now, Pay Later rather than paying for an item in full due to the fees associated with creating a plan. It’s important to check the cost of the fees for a BNPL plan against the cost of the item and what interest you might accrue on your credit card if you can’t pay for the full cost of the item right away.

Overlooking the final cost of a Buy Now, Pay Later plan can be part of the industry’s growing popularity and may be leading people to spend more than they can really afford. Ensure you’re practicing healthy credit habits.

Final Thoughts

If you’re using Buy Now, Pay Later services with a Chase credit card, you’ll need to update your payment preferences. After October 10, 2024, Chase credit cards won’t work with these BNPL services — unless it’s Chase Pay Over Time.