How to draw from, pay down, and set up auto-debit for your line of credit
Access your credit line anytime with flexibility to borrow and make payments online.
Here’s how to get started:
- Sign in to JPMorganOnline.com
- Select your “Line of credit” account, then go to “Draw”
- Choose the “Transfer to” account, enter the dollar amount and select the “Base rate” option. If you only have variable SOFR as a base rate, it will default to variable SOFR
- Confirm your transfer details and choose “Next”
- Review your estimated interest payment and choose “Next”
- Review your transfer details and select “Transfer money"
- Sign in to JPMorganOnline.com
- Select your “Line of credit” account, then go to “Pay”
- Choose the specific loan that you would like to pay and select “Pay it”
- Select the “Pay from” account, choose the “Payment date” and the amount you would like to pay
- Verify the payment details and select “Pay it”
- Sign in to JPMorganOnline.com
- Select “Pay & Transfer”, and click Payment Activity
- Click Automatic Payments under the “My Chase Payments (Pending/Past)” section
- Select “Set Up” Automatic Payments
- Select the account to be used to pay from
- Agree to the Automatic Payment terms
- Select “Set Up Automatic Payments” to complete enrollment
- Sign in to the J.P. Morgan Mobile app
- Go to your “Line of credit” tile, then to “Draw”
- Choose the “Transfer to” account, enter the dollar amount and select the “Base rate” option. If you only have variable SOFR as a base rate, it will default to variable SOFR
- Confirm your transfer details and choose “Next”
- Review your estimated interest payment and choose “Next”
- Verify your transfer details and select “Transfer money”
- Sign in to the J.P. Morgan Mobile app·
- Go to your “Line of credit” tile, then to “Pay”
- Choose the specific loan that you would like to pay and select “Pay it”
- Select the “Pay from” account, choose the “Payment date” and the dollar amount you would like to pay
- Verify the payment details and select “Pay it”
- Sign in to the J.P. Morgan Mobile app
- Select “Pay & Transfer”, and click “Payment Activity”
- Click “Automatic Payments” under the “My Chase Payments (Pending/Past)” section
- Select “Set Up” Automatic Payments
- Select the account to be used to pay from
- Agree to the Automatic Payment terms
- Select “Set Up Automatic Payments” to complete enrollment
Auto-pay is available for individually and jointly owned lines of credit only.
Online draw, pay and auto-pay is not available for individuals with limited power authority.
Online draw is not available for Fixed Rate Loans.
Payments made before 4 p.m. ET will be credited on the same business day but may not be reflected in balances for 1-2 business days. You will receive email confirmation when we receive your payment request and when it’s been processed.
J.P. Morgan processes interest first and principal-only payments are currently not permitted. Consult your J.P. Morgan team for additional information.
1You can download the J.P. Morgan Mobile® app from the App Store or Google Play. App Store is a trademark of Apple Inc., registered in the United States and other countries. Android and Google Play are trademarks of Google Inc. Use of these trademarks is subject to Google Permissions. J.P. Morgan Mobile® app is available for select mobile devices. Message and data rates may apply.
*Feature availability - and the steps to access features - may vary based on profile or account type, client segment, device and/or eligibility requirements.
