Chase and Apple Pay: Will I Be Able to Use My Credit Card?

With the flurry of excitement surrounding Apple’s recent announcement of several new products and services, you might be wondering: Chase and Apple Pay — will I be able to use my credit card?

In a word, yes. When the mobile payment system hits the scene in October 2014, you can count on being able to use your Chase credit or debit card to pay with just one touch (if you have an iPhone 6 or iPhone 6 Plus, of course). Ready to learn more? Let’s take a look at the details.

About Apple Pay

When Apple Pay was announced at the company’s big unveiling event on Sept. 9, 2014, most folks in the technology world reacted with excitement, but not surprise. The mobile payment service was hotly anticipated, and now that it’s finally coming online, many expect it to change the way we pay forever.

If you’re not familiar with how Apple Pay works, it’s fairly straightforward: First, you’ll load your payment and store loyalty cards into the Passbook application. Reportedly, this will simply involve taking a picture of each of your cards and uploading it to the app. If you typically use one card to pay for most of your purchases, you can select it as the default when you put its information into Passbook.

Then, if you’re shopping in a store that supports Apple Pay (see below), you’ll hold your iPhone 6 or iPhone 6 Plus in close proximity to the payment terminal and make your payment with a tap of your finger. This touch will both verify your identity using Touch ID technology and authorize the card you’ve selected to be charged.

Because Apple Pay works with payment terminals by using near field communication (NFC) technology and comes with several layers of security built into each transaction, most experts expect it to be a safer way to pay than our current swipe-and-sign system.

As of October 2014, Apple Pay will be accepted at over 220,000 brick-and-mortar retailers nationwide, including:

• Walgreens


• Whole Foods


• Macy’s


• McDonalds


• Bloomingdales

You’ll also be able to use Apple Pay with some popular apps, including:

• Starbucks


• Target


• OpenTable


• Groupon


• Uber

A few of our favorite credit cards from Chase

Not all credit card issuers are on board with Apple Pay just yet, but if you’re a Chase cardholder, you’re in luck. You’ll be able to use your credit card with the new mobile payment system as soon as it hits the scene, assuming you’ve purchased an iPhone 6 or iPhone 6 Plus, too.

Remember, you don’t have to worry about missing out on perks or rewards when you use your Chase card with Apple Pay. Every time you authorize a mobile payment, it’s just as if you’d swiped the card. You’ll keep racking up the Ultimate Rewards points every time you touch!

The Nerds weren’t yet able to confirm with Chase if all of their consumer cards will be Apple Pay compatible, so be sure to check with them if you have questions. In the meantime, here are a few of our favorite Chase cards:

Chase Freedom®

The Chase Freedom® is one of our favorite cash-back cards on the market, and it’s easy to see why. With it, you’ll earn 5% cash back in rotating quarterly bonus categories, up to $1,500 spent per quarter. You’ll also earn unlimited 1% cash back on all other purchases. All this comes with a $0 annual fee – what’s not to love?

Chase Freedom®
Apply Now on Chase's secure website starstarstarstarstar	Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99%-22.99% 5% Cash Back on up to $1,500 in combined purchases between October 1 — December 31, 2014 at Amazon.com, Zappos.com and select department stores You'll enjoy new 5% categories every 3 months like gas stations, restaurants and Amazon.com. It's free and easy to activate your bonus each quarter! Unlimited 1% Cash Back on all other purchases No annual fee and rewards never expire		thumbsupPros Bonus cash back categories No annual fee 0% for 15 mos on transfers

Annual Fee	Signup Bonus	APR , Variable*	APR Promotions
$0	Get a $100 Bonus after spending $500 on purchases in your first 3 months from account opening.	13.99% - 22.99% (Variable)	0% APR for 15 months on purchases and balance transfers

Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is a great choice for travelers. With it, you’ll earn 2 points per dollar spent on travel and dining in restaurants and 1 point per dollar spent on all other purchases. Ultimate Rewards points are generally worth $.01 apiece, but their value jumps 25% when you redeem for travel through the Ultimate Rewards portal. And remember, with the Chase Sapphire Preferred® Card you also have the option to transfer your points to a participating frequent traveler program at a 1:1 ratio.

The Chase Sapphire Preferred® Card will get you started with a stellar signup bonus: Earn 40,000 bonus points after you spend $3,000 in the first 3 months. It charges an Introductory Annual Fee of $0 the first year, then $95. But if you spend a lot on dining and travel, we think this is a small price to pay.

Chase Sapphire Preferred® Card
Apply Now on Chase's secure website starstarstarstarstar	Earn 40,000 bonus points when you spend $3,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM. Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening. 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases No foreign transaction fees, plus Chip and Signature enabled for international travel. 1:1 point transfer to leading frequent travel programs at full value — that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points. 24/7 direct access to dedicated customer service specialists Introductory Annual Fee of $0 the first year, then $95		thumbsupPros No foreign transaction fee thumbsdownCons Has annual fee

Annual Fee	Signup Bonus	APR , Variable*	APR Promotions
Introductory Annual Fee of $0 the first year, then $95.	Earn 40,000 bonus points after you spend $3,000 in the first 3 months.	15.99% (Variable)	Purchase: None Transfer: None

iPhone 6 image via Shutterstock

The post Chase and Apple Pay: Will I Be Able to Use My Credit Card? appeared first on NerdWallet Credit Card Blog.

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