The fastest way to transfer money into Chase savings
You can move money from your Chase checking account to a Chase savings account in seconds using Chase's mobile app or online banking. Log in, select "Transfer," pick your savings account as the destination, enter the amount, and confirm. The money lands in your savings account immediately—no waiting, no fees.
If you're transferring from an account outside Chase, the method depends on where that account is held. Money from another bank's checking account can arrive within one to three business days through an ACH transfer, or the same day if you use wire transfer (though wire transfers cost $15 to $20). Money from a non-Chase debit card or PayPal takes one to three business days as well.
Chase also lets you set up automatic transfers on a schedule—weekly, biweekly, monthly—so you can move money to savings without thinking about it each time. This is useful if you want to build savings gradually without the temptation to spend the money.
Key Takeaways
- Transfers between your own Chase checking and savings accounts happen instantly and cost nothing.
- Transfers from outside banks take one to three business days through ACH, or the same day through wire transfer (which costs $15 to $20).
- You can set up recurring automatic transfers on any schedule you choose—daily, weekly, monthly—directly in the Chase app or online banking.
- Chase does not charge a fee for incoming transfers to your savings account, whether they come from inside or outside the bank.
Transferring from your Chase checking account
Open the Chase mobile app or log into Chase.com. Tap or click "Transfer & Pay," then select "Transfer Money." Choose your checking account as the source and your savings account as the destination. Enter the amount you want to move and review the details.
Tap "Confirm" or "Submit." The transfer completes immediately—the money leaves your checking account and appears in savings right away. You'll see the transaction in both accounts within seconds. There is no fee for this transfer, and you can do it as many times as you want.
If you want to set up a recurring transfer, select "Set Up Recurring Transfer" instead of "One-Time Transfer." Choose the frequency (daily, weekly, biweekly, monthly, or a custom date), the amount, and the start date. Chase will move that amount automatically on the schedule you set until you stop it.
Transferring from another bank using ACH
ACH (Automated Clearing House) is the standard way to move money between banks. It takes one to three business days and costs nothing. To set this up, log into Chase.com or the app and go to "Transfer & Pay." Select "Transfer from another bank."
Enter the other bank's routing number and your account number there. Chase will ask you to verify the account by depositing two small amounts (usually under $1 each) into that account, then asking you to confirm the amounts. This verification typically takes two to five business days. Once verified, you can transfer money whenever you want.
After you initiate an ACH transfer, Chase shows an expected delivery date. Weekday transfers usually arrive within one business day; weekend or holiday transfers may take longer. The money is not available in your Chase savings account until it actually arrives—you cannot spend it before then.
Using wire transfer for same-day delivery
A wire transfer moves money the same business day it is sent, but Chase charges $15 to $20 for incoming wires. Use this only if you need the money urgently and the fee is worth it to you.
To receive a wire transfer into your Chase savings account, you need to give the sender your Chase routing number (which varies by location but is usually 021000021 for most Chase branches), your account number, and your full name as it appears on the account. Ask your bank or the person sending the money to initiate the wire.
Wire transfers sent before 2 p.m. Eastern Time on a business day usually arrive the same day. Transfers sent after 2 p.m. or on weekends arrive the next business day. Once the wire lands in your account, the money is yours to use immediately.
Transferring from PayPal or a debit card
You can link your Chase savings account to PayPal and transfer money out of PayPal into Chase. Log into PayPal, go to "Wallet," select "Link a Bank Account," and enter your Chase routing and account numbers. PayPal will verify the account with two small deposits, which takes a few days.
Once verified, go to "Transfer Money" in PayPal and select your Chase savings account as the destination. Enter the amount and confirm. The transfer takes one to three business days. PayPal does not charge a fee for transfers to your bank account.
If you want to transfer from a debit card directly into Chase savings, you cannot do this through Chase itself—debit card transfers only work in the opposite direction (from Chase to pay a merchant). Instead, use the debit card's issuing bank's app or website to transfer to Chase, or use a service like PayPal or Venmo as an intermediary.
Limits on how much you can transfer
Chase does not publish a single daily or monthly transfer limit that applies to all accounts. Limits depend on your account type, how long you have held the account, and your history with Chase. A new account might have a lower limit than an established one.
If you try to transfer more than your limit allows, Chase will decline the transfer and show you the maximum amount available. You can contact Chase customer service to ask whether your limit can be raised, but they do not always grant requests. The best approach is to try the transfer you need; if it fails, call 1-800-935-9935 and ask what your current limit is.
Recurring automatic transfers are usually subject to the same limits as one-time transfers, so if you set up a large weekly transfer and it hits your limit, Chase will skip that transfer until the limit resets.
What to do if a transfer fails or takes too long
If a transfer you initiated shows as "pending" for more than the expected time, log into your Chase account and check the transfer status. Chase displays the reason for any delay—usually a mismatch in account numbers, a closed account on the receiving end, or a holiday that extended the processing time.
If the transfer failed, Chase will return the money to your source account within one to three business days. Check both your Chase account and the other bank's account to confirm the money came back. If it does not appear after five business days, contact Chase at 1-800-935-9935 with the transfer confirmation number (shown in your transaction history).
For recurring transfers that fail, Chase will try again on the next scheduled date. If the same transfer fails twice in a row, Chase will pause the recurring transfer and send you a notification. You can restart it once you fix the problem (such as updating an account number).
Frequently Asked Questions
Can I transfer money from a Chase savings account to another bank's savings account?
Yes. Use ACH transfer (one to three business days, free) or wire transfer (same day, $15 to $20 fee). Set up the transfer in Chase by selecting "Transfer to another bank" and entering the other bank's routing and account numbers. Chase will verify the account with two small deposits before allowing transfers.
Is there a fee to transfer money between my Chase checking and savings accounts?
No. Transfers between your own Chase accounts are free and instant. You can move money as many times as you want with no charge.
How do I know if my transfer went through?
Log into your Chase app or Chase.com and check your transaction history in both accounts. For transfers between Chase accounts, the money appears immediately. For transfers from other banks, Chase shows an expected delivery date. Once the money lands, both accounts will show the completed transaction.
What happens if I transfer money to the wrong savings account by mistake?
If you sent it to another Chase account, contact Chase immediately at 1-800-935-9935 with the account number you sent it to. Chase may be able to reverse the transfer if you catch it quickly. If you sent it to an account at another bank, you will need to contact that bank and ask them to reverse it—Chase cannot retrieve money once it leaves their system.
Can I set up a transfer to happen on the 15th and 30th of each month?
Chase's automatic transfer options include daily, weekly, biweekly, and monthly on a specific date. If you want transfers on two different dates each month (like the 15th and 30th), set up two separate recurring transfers—one for each date.