Chase Slate Credit Card Details & Review October 2018 - finder.com

Chase Slate® Credit Card review – October 2018

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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

★★★★★

30-second take

  • 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 680 or higher.
Product NameChase Slate® Credit Card
Card TypeVisa
Annual Fee$0
APR (Annual Percentage Rate) for Purchases16.74% to 25.49% variable
Introductory Purchase APR0% for the first 15 months (then 16.74% to 25.49% variable)
Introductory Balance Transfer APR 0% for the first 15 months (then 16.74% to 25.49% variable)
Balance Transfer Fee$5 or 5% of the transaction, whichever is greater
Cash Advance Rate26.74% variable
Foreign Transaction Fee3% of the transaction value
Cash Advance Fee$10 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 21 days
Late Payment FeeUp to $37
Returned Payment FeeUp to $37
Additional Cardholder Fee$0
Rates & FeesRates & Fees
Minimum Age18 years of age

The basics

As a balance transfer product, the Chase Slate® Credit Card is one of the best you’ll find. Chalk that up to three important perks:

  • 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 16.74% to 25.49% 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 .

Bottom line: If you want to transfer your debt at low or no cost, the Chase Slate® Credit Card is an excellent option.

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.

The perks

  • 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 16.74% to 25.49% 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 15.99% to 25.99% 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.

Compare Chase Slate® Credit Card and Chase Freedom® credit card

You’ll also like …

  • 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.

  • Purchase protection.

    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.

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 16.74% to 25.49% variable.

  • Potentially high ongoing APR.

    Depending on your credit, you may be given a variable purchase and balance transfer APR as high as 25.49%. The average credit card APR is around 16%.

  • Higher cash advance APR.

    Cash advances come with a 26.74% variable APR.

  • No grace period on balance transfers or cash advances.

    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 balance transfers or cash advances: You’ll start accruing interest on them immediately.

Consider other cards if …

  • Your credit history is so-so.

    If you have less-than-stellar credit, consider improving your score with a secured credit card. Look into the Discover it® Secured Credit Card, an excellent product that allows balance transfers.

  • You want a market-leading intro APR.
    Look into the U.S. Bank Visa® Platinum Card, which offers 0% intro APR for 20 billing cycles on balance transfers and 0% intro APR for 20 billing cycles on purchases. After the promotional period ends for each, you’ll have an ongoing APR between 11.99% to 23.99% variable .
  • You want a longer intro APR on purchases and balance transfers.

    Consider the Citi Simplicity® Card, which offers a 0% intro APR for 12 months on purchases and balance transfers. After that, you’ll have a variable purchase and balance transfer APR of 15.99% to 25.99%.

  • You want rewards.

    Cards with market-leading intro APRs often don’t offer rewards. If you’re looking for travel rewards, try cards like the Chase Sapphire Preferred® credit card or Bank of America® Travel Rewards credit card. For cash back, consider the Citi® Double Cash Card or Bank of America® Cash Rewards credit card.

  • You want rewards and a strong intro APR.

    Try the Discover it® Cash Back. It offers a 0% intro APR for 14 months on purchases and balance transfers. After, you’ll have a variable purchase and balance transfer APR of 13.99% to 24.99% variable. On top of that, you can earn 5% cash back in quarterly rotating categories.

Compare other balance transfer cards

Name Product Annual Fee Credit Score Min. Intro Balance Transfer APR Reward Value per Dollar Secured or Unsecured Introductory Balance Transfer APR APR (Annual Percentage Rate) for Purchases Annual Fee Minimum Credit Score
680
0%
1
Unsecured
0% for the first 15 months (then 14.99% to 25.99% variable)
14.99% to 25.99% variable
$0
Fair (660-699)
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & Fees
680
0%
1.5
Unsecured
0% for the first 15 months (then 14.99% to 25.99% variable)
14.99% to 25.99% variable
$0
Fair (660-699)
Earn up to $250 back. Earn $150 back after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership. Plus, earn an additional $100 back after you spend an additional $6,500 in purchases within your first 12 months. You will receive the cash back in the form of a statement credit. Rates & Fees
720
0%
Unsecured
0% for the first 15 months (then to variable)
13.99% variable
$0
Good (700-739)
A low, variable APR on purchases, balance transfers and cash advances.
95
680
0%
1
Unsecured
0% for the first 12 months (then 14.99% to 25.99% variable)
14.99% to 25.99% variable
$95
Fair (660-699)
Earn $200 bonus cash back after you spend $1,000 on purchases in the first 3 months. Rates & Fees
195
0%
1
Unsecured
0% for the first 15 billing cycles (then to variable)
16.99% variable
$195
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
495
715
0%
1
Unsecured
0% for the first 15 billing cycles (then to variable)
16.99% variable
$495
Good (700-739)
Mastercard Black Card members receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
680
0%
1
Unsecured
0% for the first 15 months (then 14.99% to 25.99% variable)
14.99% to 25.99% variable
$0
Fair (660-699)
Earn 10,000 Membership Rewards® Points after you use your new Card to make $1,000 in purchases in your first 3 months.
680
0%
Unsecured
0% for the first 15 months (then 16.74% to 25.49% variable)
16.74% to 25.49% variable
$0
Fair (660-699)
Jumpstart your financial fitness! 60 day introductory balance transfer offer, save on interest, and get your free monthly credit score.
680
0%
Unsecured
0% for the first 15 statement closing dates (then 14.99% to 24.99% variable)
14.99% to 24.99% variable
$0
Fair (660-699)
Transfer high rate balances and save on interest with an Introductory $0 balance transfer fee for the first 60 days your account is open. After that, the fee for future balance transfers is 3% (min. $10).
690
0%
1.5
Unsecured
0% for the first 15 months (then 16.74% to 25.49% variable)
16.74% to 25.49% variable
$0
Fair (660-699)
Earn unlimited 1.5% cash back on every purchase - it's automatic. No minimum to redeem for cash back.
720
0%
1
Unsecured
0% for the first 12 statement closing dates (then 15.24% to 25.24% variable)
15.24% to 25.24% variable
$0
Good (700-739)
Earn more cash back for the things you buy most.
NASA Federal Platinum Advantage Rewards Credit Card
NASA Federal Platinum Advantage Rewards Credit Card
680
17.99%
1
Unsecured
17.99% for the first 90 days (then 11.65% to 17.99% variable)
11.65% to 17.99% variable
$0
Fair (660-699)
Enjoy perks and save money while gaining points that never expire with every purchase.
620
Secured
13.25% variable
$0
Poor (Below 660)
A great way to establish or improve your credit history.
300
10.99%
1
Secured
10.99% for the first 6 months (then to variable)
24.99% variable
$0
Poor (Below 660)
2% Cashback at restaurants or gas stations on up to $1,000 in combined purchases each quarter. Plus 1% cash back on all other credit card purchases.
24
580
Secured
25.74% variable
$24
Poor (Below 660)
Build, or rebuild, your credit with each purchase.
35
350
Secured
11.65% to 21.65% variable
$35
Poor (Below 660)
Get a card that can help you build credit. Determine your own credit limit. When you apply, you'll open a two-year certificate of deposit (CD) with $250 to $5,000. The balance of your CD is your credit limit.
35
350
Secured
11.65% to 21.65% variable
$35
Poor (Below 660)
You can get travel benefits (no foreign transaction fees), retail benefits and collision damage waiver coverage on your rental car.
650
Unsecured
26.99% variable
$0
Poor (Below 660)
Enjoy no annual fee, plus access to valuable benefits.

Compare up to 4 providers

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 680 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

  1. Go to the Chase website and click Apply Now.
  2. Complete the application with details like your name, address, annual income and Social Security number.
  3. 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.

Bottom line

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

Images: chase.com

Balance transfer card ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

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Kevin Joey Chen

Kevin Chen is a world-travelin', copy-writin', Game of Thrones-watchin' credit cards writer for finder.com. When he's not crunching the numbers on bonus points and comparing APRs, you can find him flying around the world in search of the perfect beer.

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4 Responses

  1. Default Gravatar
    ClarkMarch 14, 2018

    I would like to find out if my Slate Credit Card is still being used. I think my ex-wife may be using it. I cannot sign in because I don’t have my account number. Can you help me.

    • finder Customer Care
      joelmarceloMarch 20, 2018Staff

      Hi Clark,

      Thanks for leaving a question on finder.

      Please note that finder is a financial comparison and information website that helps consumers make better decisions. We do not represent any of the providers we feature on our website.

      It looks like you will have to speak with Chase directly at 1-212-270-6000.

      Cheers,
      Joel

  2. Default Gravatar
    RobertJune 12, 2017

    I am looking for a 15-21 month 0 % credit card with 0 balance transfer fees to consolidate my relatives debt.
    I would want between 10k – 15k. I would be the card holder guarantee payment. My credit card score is around 800.
    No annual fee as well. Which companies should I consider that allow transfer from one person to me?

    • finder Customer Care
      AnndyJune 17, 2017Staff

      Hi Robert,

      Thanks for your question.

      You may check this page to compare credit cards that allow for balance transfer between two people’s names.

      Just click on the bank logo to check your card options issued by a particular bank.

      Cheers,
      Anndy

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