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Chase is quietly running a valuable promotion that lets you finance a large purchase for free using their Pay Over Time feature — $0 monthly fee, 0% interest, up to 12 equal monthly payments. Here’s everything you need to know before it disappears.

What’s the Deal?

Normally, setting up a My Chase Plan replaces your standard interest charges with a fixed monthly fee. Right now, many cardholders are seeing offers to set up a plan with a $0 monthly fee and 0% interest for up to 12 months — a free way to stretch a large purchase into manageable payments.

This appears to be a targeted and unadvertised promotion. Not every cardholder will see it, and not every Chase card qualifies — but many do.

Chase Pay Over Time Promo at a Glance

How to Set It Up — Step by Step

1. Log in to your Chase account and navigate to a recent eligible purchase — or make one if you don’t currently have a large charge.
2. Look for the Pay Over Time option on that transaction. If the promotion is available on your card, you’ll see it there.
3. Choose your repayment timeline — up to 12 equal monthly payments.
4. Select your highest eligible purchase. Since the $0 fee appears limited to one plan per card, you want to lock in the largest possible free loan.
5. Immediately go to your autopay settings and switch to “Interest Saving Balance” — see the critical warning below.

How to Maximize the Free Pay Over Time promo

Because this promotion appears to only apply to the first plan you activate on a given card, your goal is to maximize the free float. Apply it to the single highest eligible transaction available to lock in the largest possible 12-month interest-free loan.

If you don’t currently have a large charge on your card, you can make a strategic purchase now and split it once the transaction posts. Instead of draining your cash to pay off a large charge immediately, keep that money in a high-yield savings account earning interest (subject to your bank’s rates) while Chase floats you the balance — for free — over the next year.

⚠️ The Crucial Autopay Warning

If you take advantage of this deal, you must adjust your autopay setting immediately — or you’ll accidentally pay off the plan early.

Action required: Change your autopay to “Interest Saving Balance.”

Do not leave it set to “Statement Balance” or “Current Balance.” If you do, Chase will automatically pull the full amount and pay off your plan on the next due date — wiping out the benefit. Selecting “Interest Saving Balance” ensures the system pulls only your standard monthly purchases plus the exact installment amount due for your plan. This keeps the promo intact and avoids all interest charges.

Quick Summary on Chase Pay Over Time Promo

• ✅ Available on many Chase credit cards (targeted, silent promotion).
• ✅ Split eligible purchases into up to 12 equal monthly payments.
• ✅ Zero interest and zero plan fees.
• ✅ Works on existing charges or new purchases once they post.
• ⚠️ Limited to one $0 fee plan per card — apply it to your biggest eligible charge.
• ⚠️ Change autopay to “Interest Saving Balance” immediately after activating.

The Bottom Line:

Normally, your options with a credit card balance are: pay it off in full (giving up liquidity), or carry it and pay costly interest. This promotion offers a third path — keep your cash in a savings account and let Chase effectively float you the money for free, up to 12 months. It can be a genuine cash-flow arbitrage opportunity and is one of the better silent promotions we’ve seen from a major card issuer recently.

Whether you’re planning a major upcoming purchase, are going to carry a balance anyway, or already have a large eligible charge, activating this can be a very compelling option. It gives you more flexibility: you can hold onto your cash significantly longer while maintaining liquidity.

Important: Treat this responsibly: make sure you cover the monthly installments, never miss a payment. Carrying an unpaid balance outside the plan will trigger interest charges. Only do this with money you could pay back anyway (or a balance you’re already carrying). This is a tool to optimize cash flow, not a reason to spend beyond your means.

You can find more details on the official Chase website or check out more deals here at SamSaves.

Have you spotted this offer on your Chase card? Drop a comment and let us know which card it showed up on!