Pros
- 0% for 21 months on purchases and balance transfers
- $0 annual fee
Cons
- High regular APR likely
- Balance transfer fee
Chase Slate® Credit Card
Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater
Additional Info
- Enjoy 0% Intro APR for 21 months on purchases and balance transfers, then a variable APR of 18.24% to 28.24% thereafter.
- Get 6 months of complimentary access to DashPass. After that, you are automatically enrolled in DashPass at the current monthly rate. Activate by Dec 31, 2027. Plus, DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
- Raise your credit limit. Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
- All for no annual fee - You won't have to pay an annual fee for all the great features that come with your Slate Edge® card
- Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more
- Member FDIC
- More Details & Reviews About Chase Slate® Credit Card
Is Chase Slate® Credit Card Worth It?
Chase Slate® Credit Card is worth it for people with good credit or better who want to avoid interest charges on big purchases and balance transfers. Chase Edge offers an introductory APR of 0% for 21 months on purchases and 0% for 21 months on balance transfers, but it doesn’t give any rewards.
The card has a $0 annual fee, and its regular APR after the introductory period ends is 18.24% - 28.24% (V). There’s also a balance transfer fee: either $5 or 5% of the amount of each transfer, whichever is greater.
What You Need to Do to Make Chase Slate® Credit Card Worthwhile
To make Chase Slate® Credit Card worthwhile, take advantage of the introductory APR period but pay off your purchases and transferred debt before that period ends. If you don’t, any remaining balance will be subject to the card’s regular APR of 18.24% - 28.24% (V). After the introductory period is over, you should also pay any future balances in full by the monthly due date to avoid interest charges.
In addition, you may want to consider getting a rewards card once you are done using Slate Edge for financing. The card can save you a lot of money in the short term, but its long-term value is questionable given that it has no rewards.
Chase Slate® Credit Card Highlights
0% for 21 months is longer than average
Chase Edge offers 0% for 21 months on purchases, as well as 0% for 21 months on qualifying balance transfers.
Among new credit card offers, 0% purchase APRs last for an average of 12 months, while 0% balance transfer APRs last for an average of 13 months.
$0 annual fee is better than the alternative
Chase Edge’s $0 annual fee saves cardholders $27.85 per year compared to the average credit card offer. It also means you won’t have to immediately add to your debt after transferring a balance or making a big-ticket purchase.
Chase Slate® Credit Card Lowlights
High APR to start out: 18.24% - 28.24% (V)
The Chase Edge interest rate could be anywhere from 18.24% to 28.24% (V), depending on your overall creditworthiness when you apply. It could get a bit lower over time, but it will take a while to turn this card’s regular rate into a low APR.
Average balance transfer fee
The Chase Edge balance transfer fee is $5 or 5% of the amount of each transfer, whichever is higher.
This offer would be a lot more appealing if it didn’t include a transfer fee, as was the case with the original Chase Slate card.
No rewards on purchases
Chase Edge does not offer rewards on purchases. That’s because it wasn’t designed for people who pay their balance in full each month, as is the case with rewards credit cards. Instead, its primary reward is saving people from finance charges.
After all, escaping fees and interest for 21 months would save the average indebted individual far more than 1%, or even 2%, cash back across all purchases.
Other Things to Know About Chase Slate® Credit Card
No overlimit fee
You won’t be charged extra if you spend beyond your credit limit. This feature does not provide much benefit, though. You must already opt-in for the ability to outspend your limit with any credit card these days. Besides, this feature likely means that transactions which would ordinarily bring you over-limit will simply be rejected.
Possible credit limit increase after six months
If you pay your monthly bills on time for the first six months that you have the Chase Edge card and make at least $500 in purchases during that period, you might get a credit limit increase. Chase only promises a review of your limit, though. There’s no guarantee they’ll increase it.
Chase Slate® Credit Card vs. Popular Competitors
annual fee$0 | annual fee$0 |
Purchase Intro APR0% for 21 months | Purchase Intro APRN/A |
transfer intro apr0% for 21 months Transfer Fee: Either $5 or 5% of the amount of each transfer, whichever is greater | transfer intro apr0% for 18 months Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer |
Regular APR18.24% - 28.24% (V) | Regular APR17.49% - 27.49% (V) |
rewards rate N/A | rewards rate
|
bonus offer N/A | bonus offer Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back. |
SponsoredApply Now | SponsoredApply Now SponsoredApply Now |
Chase Slate® Credit Card Review Methodology
This Chase Slate® Credit Card review is based on WalletHub’s proprietary 100-point credit card rating system. By using a consistent methodology to evaluate the Chase Slate® Credit Card and all other cards, WalletHub’s credit card experts make it easy for people to compare their options and find the best credit cards for their needs.
The WalletHub rating system uses 16 key metrics grouped into seven categories: Fees, Rewards, Two-year Cost, Interest Rates, Approval Requirements, Special Features, and Reviews. Each metric has a maximum number of points allocated to it, based on the metric’s importance as determined by our editors. The points are added up to create an overall rating for the Chase Slate® Credit Card out of a maximum of 100 points, which is then converted to a 5-point scale.
Ratings for each category reflect how close Chase Edge is to WalletHub’s definition of a 5-star credit card, which is based on market conditions and what we believe are reasonable terms. We compare Chase Edge to that standard to give a numerical approximation of how reasonable and competitive its terms are compared to other cards.
To learn more about how WalletHub rates credit card offers, check out our full credit card review methodology.
WalletHub experts are widely quoted. Contact our media team to schedule an interview.