Frankie Solomon, WalletHub Analyst
The Chase Slate has many benefits, the best of which are $50,000 in purchase protection coverage and rental car insurance.
But of all the Chase Slate benefits, the most impactful used to be its low promotional APRs for new cardholders: 0% for 15 months on purchases and 0% for 15 months on balance transfers. Paired with a $0 balance transfer fee for the first 60 days, that made Chase Slate a great balance transfer credit card. It’s important to note that this card is no longer available to new applicants, but this fact doesn’t affect existing cardholders.
Here are the Chase Slate benefits:
- Purchase protection. You can get up to $500 per damaged or stolen item, with a $50,000 limit for the account. The item must have been damaged or stolen within 120 days of the date of purchase.
- Extended warranty protection. Get an extra year on manufacturer warranties of three years or less on eligible purchases.
- Auto rental collision damage waiver. This benefit covers rental vehicles against damage and theft for up to 31 consecutive days. You must pay for the whole rental with your card and decline the rental agency’s insurance.
- Roadside dispatch: 24/7 hotline for services such as towing (up to five miles), tire changes, jump starts, fuel delivery, and lockout assistance (no key replacement). There’s a flat fee each time you use this.
- Security benefits. Chase provides security services like real-time fraud monitoring and fraud alerts.
Chase Slate’s benefits aren’t quite as extensive as those on some other credit cards, but they’re good for a non-rewards card with a $0 annual fee and a $0 balance transfer fee.
Mark Towers, WalletHub Credit Card Analyst
Maybe the most important Chase Slate benefits are the 0% intro APR on balance transfers & purchases and the rental car insurance.
For rental car insurance you decline the rental company's collision insurance and charge the entire rental cost to your card. Coverage is provided for theft and collision damage for most cars (exotics excluded) in the U.S. and abroad.
Another benefit not many people know of is the no penalty APR - so paying late won't raise your interest rate.
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