Can You Use Chase Credit Cards for BNPL Payments?

On October 10, 2024, Chase Credit Cards can no longer be used to pay for third-party Buy Now, Pay Later payments.

You can still split your credit card payments into several installments via Chase Pay Over Time. Or you can get your Chase debit card purchase refunded, which you will then repay in four installments with Chase Pay in 4.

Why is Chase Stopping People from Using Credit Cards to Pay for BNPL?

Chase generally doesn’t allow customers to use their credit cards to pay for credit products. You could only pay your Klarna, Zip, Afterpay, and Affirm loans with your Chase credit card due to the lack of regulations affecting BNPL before May 2024.

However, the Consumer Financial Protection Bureau (CFPB) issued an interpretative rule in May 2024, stating that BNPL providers are “card issuers” under Regulation Z.

Essentially, the CFPB is treating BNPL providers as credit card issuers. And you can’t pay for your credit card bill with another bank’s credit card (unless you apply for a balance transfer). So expect other financial institutions to follow suit in the near future.

It’s important to note that since traditional BNPL can’t be considered as “open-end credit” and they don’t have finance charges, they’re “subjected to some, but not all, of Regulation Z’s credit card regulations.”

💡 Note: Chase isn’t the first bank to do this, Capital One barred their users from using their credit cards to pay for BNPL in December 2020.

How Does Chase Benefit From This?

Chase’s decision to block credit card payments to Buy Now, Pay Later (BNPL) providers nudges customers to its own BNPL products: Chase Pay Over Time (formerly My Chase Plan) and Chase Pay in 4.

This not only allows Chase to capture all fees and interest from these transactions, but it also provides them with better control over customer data and spending behaviors. Data that is invaluable for tailoring financial products and services.

Update Your BNPL Payment Method Before October 10, 2024

On October 10, 2024, Chase will start declining all credit card payments to third-party BNPL loans. While there’s still time to use your Chase credit card on your BNPL payments, be sure to change your payment method before October 10 to avoid late payments.

How to Change Your Klarna Payment Method

1. Go to this page: https://app.klarna.com/you/ or tap on Settings in the App
2. Select Payment Methods
3. Select your Chase Card
4. Select Remove Your Stored Card
5. Select your Replacement Card or Bank Account
6. Select Make Card Primary or Change Connected Bank Account

How to Update Your Affirm Payment Method

1. Go to this page https://www.affirm.com/u/#/settings
2. Scroll down to Payment Methods
3. Find your Chase Credit Card and Select the X
4. Add a New Payment Method by Selecting the + sign

How to Update Your Afterpay Payment Method

If your Chase credit card is associated with any active Afterpay orders, you’ll need to change the card linked to those orders before you can remove it from your account.

To change the card linked to an active Afterpay order, follow these steps:

1. Log in to your Afterpay account: https://portal.afterpay.com/
2. Select Orders
3. Select the Order Associated with Your Chase Credit Card*️
4. Select the word Change next to your Chase Credit Card
5. Select or Add your Replacement Payment Method

💡 Note: *️You can view which card is associated with an order below the order summary under the ‘Payment method used.’

To remove your Chase Credit Card from Afterpay, follow these steps:

1. Log in to your Afterpay account: https://portal.afterpay.com/
2. Select Account or Account Settings
3. Select Payment Settings or Payment Method
4. Find your Chase Credit Card and Select Remove or Remove this Payment Method

💡 Note: Remove your Chase credit card from your Afterpay account even if it’s not associated with any active orders. Afterpay will try to charge any other cards on your account if a payment for an order fails.

How to Change Your Zip Payment Method

If your Chase credit card is associated with any active Zip orders, you’ll need to change the card linked to those orders before you can remove it from your account.

To change the card linked to an active Zip order, follow these steps: 

1. Go to https://customer.us.zip.co/login
2. Select Orders
3. Select the Order Linked to Your Chase Credit Card
4. Select the word Edit next to your Chase credit card
5. Select your Replacement Payment Method

To delete your Chase credit card from Zip, follow these steps:

1. Go to https://customer.us.zip.co/login
2. Select Account
3. Find your Chase credit card under Payment Methods
4. Select Delete

How to Change Your Sezzle Payment Method

If your Chase credit card is associated with any active Sezzle orders, you’ll need to change the card linked to those orders before you can remove it from your account. You’ll also need to address any failed payments before you can change your default payment method.

To change the card linked to a Sezzle order, follow these steps:

1. Go to this page: https://dashboard.sezzle.com/merchant/orders
2. Select the Order Linked to Your Chase Credit Card
3. Select Payment Method
4. Select your Replacement Payment Method

To remove your Chase credit card from Sezzle, follow these steps:

1. Go to this page: https://dashboard.sezzle.com/customer/payment-methods
2. Select your Chase Credit Card
3. Select Remove

How to Change Your PayPal Pay in 4 Payment Method

To change your payment method for an active PayPal Pay in 4 plan, follow these steps:

1. Log into PayPal: https://www.paypal.com/us/home
2. Navigate to the Pay Later Section
3. Select the Pay in 4 plan that’s associated with your Chase credit card
4. Select Change under Payment Method
5. Select and Confirm your Replacement Payment Method

To remove your Chase credit card from your PayPal account, follow these steps:

1. Go to this page: https://www.paypal.com/myaccount/money/
2. Select your Chase Credit Card
3. Select Remove Card

💡 Note: If your Chase card was your default payment method, be sure to set a new default payment method should you choose to remove it from your PayPal account.