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 to take advantage of its 0% APR, 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.
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 and income, among other things.
Here’s what some people say about the Chase Slate credit limit:
- @mefordogs: “I have had a Chase SLATE card for several years now. They gave me a $1,200 limit. They've never raised (nor lowered!) my limit.”
- @lauren.elizabeth.94695: “My first Chase card was the Chase Slate card when I didn't have great credit. I was surprisingly accepted but the credit limit I began with was only $1000…”
- @NSPUS.corp: “I APPLIED AND RECEIVED THE CARD WITH $500 CREDIT LIMIT (MY CREDIT SCORE 760)…”
- @chip.song: “I started with a very good credit limit of $1500 and I was able to build that up year by year.”
So as you can see, different people get different starting Chase Slate credit limits. But over time, that 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.