Chase Slate Edge Review

No, the Chase Slate Edge℠ Card is not a good first-time credit card because it is only available to people with good credit or better. People who've never owned a credit card are unlikely to get approved unless they've built good credit through other means. There are plenty of good first-time credit cards on the market, though.

Best First-Time Credit Cards

You can learn more about the best first-time credit cards on WalletHub.

You can request a Chase Slate Edge℠ credit limit increase by calling customer service at 1-800-432-3117. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Chase has on file. Chase will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.

Impact of a Slate Edge Credit Limit Increase on Your Credit Score

When you request a Slate Edge credit limit increase, Chase will conduct a hard pull of your credit report, which will cause a short-term dip in your credit score. Chase cannot do a hard pull without your permission, though.

Alternatively, you could be eligible for a Slate Edge credit limit increase without even requesting one. The Slate Edge card may offer an automatic credit limit increase if Chase's regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase involves a soft pull, which does not affect your credit score.

Yes, the Chase Slate Edge℠ is a credit card. The Slate Edge Card is issued by Chase, works wherever Visa is accepted, reports to the credit bureaus, and allows you to pay off purchases over time. There are quite a few important things to know about the card before you apply, though.

Key Facts About the Slate Edge Card

• Issuer: Chase
• Network: Visa
• Credit requirement: Good
• Annual fee: $0
• APR: 19.74% - 28.49% (V)
• Foreign transaction fee: 3% of each transaction in U.S. dollars

To sum things up, Slate Edge Card is a credit card, but it may or may not be the best credit card for you depending on your needs, qualifications and spending habits. You can learn more about this card from WalletHub's full review.

Chase Slate Edge℠ is a Visa, not a Mastercard. You can use your Slate Edge Card at nearly 11 million merchants that accept Visa nationwide, and you can use it abroad in more than 200 countries and territories.

There are a few differences between Visa and Mastercard credit cards, such as the network-level benefits they offer, but those differences are relatively small. The two card networks have a lot in common, including extensive worldwide acceptance. As a result, it's more worthwhile to compare individual credit card offers than to focus on getting a card from a particular network.

Ink Business Unlimited® Credit Card is a Visa, not a Mastercard. You can use your Chase Ink Business Unlimited Card at nearly 11 million merchants that accept Visa nationwide, and you can use it abroad in more than 200 countries and territories.

There are a few differences between Visa and Mastercard credit cards, such as the network-level benefits they offer, but those differences are relatively small. The two card networks have a lot in common, including extensive worldwide acceptance. As a result, it's more worthwhile to compare individual credit card offers than to focus on getting a card from a particular network.

The Chase Slate Edge℠ reports to the credit bureaus monthly, within days after the end of a cardholder's monthly billing period. Slate Edge reports the card's credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian. Chase may use a specific credit bureau more than another, depending on the applicant's home state, and other factors.

Once Slate Edge reports your account information to a credit bureau, it may take a few days before the updates appear on your credit report. New Slate Edge cardholders may not see any new credit account info on their credit report for one or two billing periods after getting a card.

If you'd like to review your up-to-date credit score and TransUnion credit report, you can sign up for a free account on WalletHub. That way, you'll be able to check every day to see if there's any new information about Slate Edge on your credit report.

To freeze a Slate Edge Card, log in to your online account or the Chase mobile app and navigate to “Lock and Unlock Your Card." You can also call Chase customer service at 1 (800) 432-3117 and ask them to freeze your card, though it is much easier to lock and unlock a credit card on the app.

Freezing your Slate Edge Card will temporarily prevent most purchases from being made with your card number, which can be convenient if you lost your credit card or if you're trying to control your spending. For lost cards, it's also important to note that you'll never be held responsible for unauthorized purchases thanks to a $0 fraud liability guarantee.

How to Freeze a Slate Edge Card Online

1. Log in to your Chase online account or mobile app.
2. Pick the Slate Edge Card and select the ellipsis to the right.
3. Click on Account Services, then choose Lock and Unlock Your Card.
4. Change the settings so that your card is in the locked position.

Locking your Slate Edge Card will stop new purchases on the card and any authorized user cards, cash advances, and balance transfers. But it will continue to allow fee charges, credits, and repeating transactions. To start using your credit card at full capacity again, just navigate back to the Lock and Unlock Your Card page and unlock the Slate Edge Card.

The Chase Slate Edge℠ card offers rental car insurance as a free benefit. Slate Edge rental car insurance covers physical damage or theft of  the vehicle, reasonable and customary towing charges, and valid loss-of-use charges incurred by the rental car agency. Cardholders are covered up to actual cash value of most rented cars. To get the coverage, a cardholder must decline the rental agency's insurance and pay for the rental entirely with a Slate Edge credit card.

Key Things to Know About Slate Edge Rental Car Insurance

• Coverage Amount. Up to actual cash value of most rented cars.
• File Claims for Domestic Rentals Through Primary Insurance First. The Slate Edge card rental car insurance benefit provides secondary coverage for domestic rentals up to 31 days, so you will need to file a claim through your primary insurance carrier first, if you have one.
• Coverage Is Primary When Abroad. If you're renting a vehicle outside of your home country, coverage under the Slate Edge card rental car insurance benefit is primary and lasts for up to 31 days.
• Not All Vehicles Or Incidents Are Covered. The Slate Edge rental car insurance benefit does not cover expensive or antique vehicles, vans designed to carry more than 9 people, vehicles that have an open cargo bed, trucks (other than pick-ups), motorcycles, mopeds, or motorbikes, among others. Coverage also does not apply to certain incidents such as any violation of the auto rental agreement, loss or theft of personal belongings, items not installed by the original manufacturer, and damage due to off-road operation.

Chase Rental Car Insurance Claims

To file a Slate Edge rental car insurance claim, call the Benefit Administrator at 1-888-320-9961 or visit the card's benefits website to obtain a claim form. You will need to submit the claim form, along with any requested supporting documents – such as a copy of the accident report form, a copy of the initial rental agreement, and photographs of the damaged vehicle – no later than 100 days after the incident.

Yes, the Slate Edge Card does have travel insurance. The only Slate Edge travel insurance benefit is rental car insurance , which covers damage to a rental vehicle that results from collision or theft.

To file a Slate Edge Card travel insurance claim, you'll need to contact the Benefit Administrator. For details on timeframes and coverage limits, check the guide to benefits that came with your Slate Edge Card.

If you're looking for a credit card with more travel benefits, you can always check out WalletHub's recommendations for the best credit cards for travel insurance and travel rewards.

The Slate Edge Card annual fee is $0 per year. Slate Edge's $0 annual fee is lower than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with the Chase Slate Edge℠ Card, though.

Slate Edge Fees

• Annual Fee: $0
• Cash Advance Fee: Either $10 or 5% of the amount of each transaction, whichever is greater.
• Foreign Fee: 3% of each transaction in U.S. dollars
• Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)