Chase Slate® credit card review
Pay off your debt sooner with the Chase Slate® credit card. Get 0% intro APR on transfers and purchases for the first 15 months.
finder.com’s rating: 4.6 / 5.0
- Get this card if you want a strong introductory APR on purchases and balance transfers.
- Pick something else if you want rewards.
- Apply with a good to excellent credit score of 670 or higher.
Intro purchase APR
for the first 15 months (then 16.49% to 25.24% variable)
Intro balance transfer
for the first 15 months (then 16.49% to 25.24% variable)
16.49% to 25.24%
Balance transfer APR (variable)
|Product Name||Chase Slate® credit card|
|Purchase APR||0% intro for the first 15 months (then 16.49% to 25.24% variable)|
|Balance transfer APR||0% intro for the first 15 months (then 16.49% to 25.24% variable)|
|Balance transfer fee||$5 or 5% of the transaction, whichever is greater|
|Cash advance rate||26.49% variable|
|Cash advance fee||$10 or 5% of the cash advance amount, whichever is greater|
|Foreign transaction fee||3% of the transaction value|
|Interest free period||Up to 21 days|
|Late payment fee||Up to $37|
|Returned payment fee||Up to $37|
|Additional cardholder fee||$0|
|Rates & fees||rates & fees|
Kevin Joey Chen is a credit cards, banking and investments writer whose work and analysis have appeared on CNN, U.S. News & World Report, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order and expertly navigate the cutting-edge financial tools available -- including credit cards, apps and budgeting software.
- No annual fee. It’s a simple but welcome benefit when you’re eager to make a low-cost balance transfer.
- A strong 0% intro APR. The Chase Slate® credit card offers a solid introductory APR: 0% for 15 months on purchases and balance transfers. After that, get 16.49% to 25.24% variable APR on purchases and balance transfers.
- No balance transfer fee for two months. What separates the card from the rest is no fees on transfers in the first 60 days after you open your account. After that, you’ll pay each transfer of $5 or 5% of the transaction, whichever is greater .
How good is the credit card’s balance transfer fee promotion?
Your typical credit card comes with a fee for each balance transfer — usually 3% of transaction. So if you make a $10,000 balance transfer, you might pay $300 in fees.
Contrast that with the Chase Slate® credit card. If you transfer the same $10,000 within the first 60 days after opening your account, you’ll pay $0 in fees.
That’s one of the reasons the Chase Slate® credit card is such a strong choice. You can transfer your debt for nothing, as long as you do so within the time limit. Very few cards offer this promotion, making the Chase Slate® credit card that much more special.
ANNUAL FEE: None.
A $0 annual fee makes it easy to keep the card long term. It’s an especially nice benefit when you’re trying to make balance transfers inexpensively.
INTRO APR: 0% for the first 15 months on purchases and balance transfers.
This is a strong introductory APR, one that can help you pay off your debt more easily. After the intro APR, you’ll have a 16.49% to 25.24% variable APR.
If you want a longer intro APR, consider a product like the Citi Simplicity® Card. It offers a 0% intro APR for the first 12 months on purchases and balance transfers. After that, it has a 14.74% to 24.74% variable APR.
No balance transfer fees for the first 60 days.
Normally, the Chase Slate® credit card comes with a balance transfer fee — the greater of $5 or 5% of each transaction. But for the first 60 days after you open your account, you’ll pay no fees on your transfers.
This uncommon perk elevates the Chase Slate® credit card to one of the best balance transfer cards on the market.
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Get your FICO score for free.
Chase updates your FICO score monthly, which you can check though your online dashboard.
No penalty APR.
Some banks raise your APR — often to 29.99% — after your first late payment. Chase doesn’t impose this penalty APR for the Chase Slate® credit card.
When you make an eligible purchase with your Chase Slate® credit card, it’s covered against damage or theft for 120 days. Get up to $500 per claim and up to $50,000 over your lifetime.
Case study: Jon’s experience
Finder CEO, USA
I got the Chase Slate® credit card back in 2016 for one reason — I’d spent too much on home renovation and realized it’d be way easier to pay down my debt using a balance transfer credit card. This was one of several balance transfer cards I took out at the time, and it really was a single-purpose card for me: Since it doesn’t offer points or miles, it’s basically there for unexpected expenses.
It took about 15 minutes to fill out the online application, and approval was pretty close to instant. My balances were transferred within a few days, and it was a really useful tool for me to pay down my debt.
Because it has no annual fee, I still keep it in my wallet as an emergency card, although I don’t remember the last time I actually used it.
What to watch out for
Intro APR expires after 15 months.
If you don’t pay off your card balance in this time, it accrues interest at the ongoing rate of 16.49% to 25.24% variable.
Potentially high ongoing APR.
Depending on your credit, you may be given a variable purchase and balance transfer APR as high as 25.24%. The average credit card APR is around 16%.
Higher cash advance APR.
Cash advances come with a 26.49% variable APR.
No grace period on cash advances or balance transfers outside of intro APR period.
Purchases come with a grace period — that is, you’ll have at least 21 days after the close of the billing cycle to pay off your balance before accruing interest. This isn’t the case with cash advances or balance transfers outside of the intro APR period: You’ll start accruing interest on them immediately.
Compare other balance transfer cards
Compare Chase Slate® credit card with other cards
How does a balance transfer work with this card?
What should I know before I apply?
To apply for the Chase Slate® credit card, you must be at least 18 years old.
If you live in Alabama or Nebraska, you must be at least 19 years old. If you live in Puerto Rico, you must be at least 21.
Information you’ll need
- Your name, residential status and residential address
- Your Social Security number and date of birth
- Your email address and phone number
- Financial information like your annual income, the source of your income and your employment information
What credit score do I need?
You’ll have a better chance of approval for the Chase Slate® credit card if you apply with a good to excellent credit score of 670 or higher.
What do customers say about the Chase Slate® credit card?
Cardholders generally like the Chase Slate® credit card‘s intro APR, though some think the card isn’t as useful after that rate expires. Some customers say they’ve had trouble getting approved for large credit lines, which dampened the appeal of a balance transfer.
Chase earns a Trustpilot score of 5.5 out of 10 at the time of this writing. Most negative reviews cite slow responses to fraud complaints and less-than-helpful customer service. Positive reviews cite the bank’s great mobile app and quick resolutions to their issues. Overall, your mileage may vary with Chase customer support.
The JPMorgan Chase Credit Card division earns an A+ rating from the Better Business Bureau.
How to apply for the Chase Slate® credit card
- Go to the Chase website and click Apply Now.
- Complete the application with details like your name, address, annual income and Social Security number.
- Review and submit your application.
How long will it take to be approved?
Because conditional approval is automated on the Chase website, you’ll often get a decision within minutes. If your application requires more information, may wait a few days to a few weeks to receive a response.
I got the card. Now what?
- Make timely payments. Pay your card bill online at the Chase website, where you can enroll in autopay.
- Avoid interest. After the close of each billing cycle, you have a grace period of at least 21 days to pay your balance. If you do, you won’t pay interest on your purchases.
- Avoid fees. Late and returned payments come with fees of up to $37. The cash advance fee is $10 or 5% of the amount of each transaction, whichever is greater.
- Contact customer service. If you have questions, contact Chase Credit Cards support at 1-800-432-3117.
The Chase Slate® credit card doesn’t offer rewards or fancy perks. Instead, it goes all-in on one thing: it’s an excellent card for balance transfers. With no annual fee, a strong intro APR and a promo offering no balance transfer fees, it succeeds in convincing fashion.
Frequently asked questions
Balance transfer card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
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