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.
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.
The Chase Slate credit limit is at least $500 and can be more, depending on how good your credit is. Chase doesn’t disclose a maximum credit limit, but you’re always guaranteed a minimum of $500 if you’re approved.
And if you’re planning to transfer a balance to Chase Slate, the amount you transfer can’t exceed your credit limit (or $15,000, if your limit is higher than that). If the limit you’re approved for is less than the transfer amount you requested on your application, Chase will send a letter notifying you of the discrepancy. You can choose to transfer a lesser amount, ask Chase to reconsider your limit, or not open an account after all.… read full answer
People in the community have reported getting a range of credit limits, but you should take these with a grain of salt because Chase Slate credit limits are based on an individual’s credit history, income, and debts among other things.
Ultimately, it is worth noting that Chase Slate is currently not available to new applicants. But for those already having a Chase Slate, it is worth mentioning that, over time, their credit limit can increase. Chase periodically reviews accounts for higher limits, and you can always call customer service and ask for one. In order to get bigger credit limits in general, you should work to improve your credit score, maximize your income and reduce debts.
But if you’re interested in a rewards card, you don’t have to look far to find a credit card with excellent earnings for everyday purchases. You can check out our editors’ latest picks for the best rewards credit cards on the market to weigh your options.
Yes, it is hard to get the Chase Slate Edge℠ because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Slate Edge.
In order to get the Slate Edge, you will have to meet the credit score requirement, have a steady income and be at least 18 years old. You’ll also need to have an SSN or ITIN.… read full answer
Keep in mind that even if you meet all of the requirements for the Slate Edge, you’re never guaranteed to be approved.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.