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Chase Slate® credit card vs Chase Sapphire Preferred® Card

Do you need to make a balance transfer or do you want rewards?

Updated . What changed?

Fact checked
The Chase Sapphire Preferred® Card offers 2x points on travel and dining and 1x points on everything else. The Chase Slate® credit card, on the other hand, doesn’t offer rewards, but instead comes with an intro APR on purchases and balance transfers for 15 months. As such, it’s tough to directly compare these cards, as they serve different purposes. But here’s a closer look of how each card’s features stack up.

Chase Slate® credit card

Chase Slate® credit card

Rates & Fees

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Rates & Fees

finder.com's rating
finder.com's rating

★★★★★

4.6 / 5.0

★★★★★

4.3 / 5.0
Best for
Best for
  • Intro APR and intro fee period on balance transfers
  • Travel rewards and a great signup bonus
Welcome offer
Welcome offer

No balance transfer fees for transfers made the first 60 days, then $5 or 5%

80,000 points after spending $4,000 in the first 3 months, a value of up to $1,000 through Chase Ultimate Rewards

Rewards
Rewards

N/A

5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases

Purchase APR
Purchase APR

0% intro APR for 15 months, and then 14.99% to 23.74% variable

15.99% to 22.99% variable

Annual fee
Annual fee $0 $95
Balance transfer APR
Balance transfer APR

0% intro APR for 15 months, then 14.99% to 23.74% variable

15.99% to 22.99% variable

Cash advance
Cash advance

APR: 24.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 24.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

Foreign transaction fee
Foreign transaction fee 3% of each transaction None
Late payment fee
Late payment fee Up to $39 Up to $39
Additional cardholder fee
Additional cardholder fee $0 $0
Interest-free period
Interest-free period 21 days 21 days
Minimum interest
Minimum interest $0 $0
Minimum credit score
Minimum credit score 670 670
Card type
Card type Credit Credit
Learn more
Learn more

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Summary of card features

Chase Slate® credit card

Chase Slate® credit card

  • Intro balance transfer fee for the first 60 days, then $5 or 5% of the transfer, whichever is greater
  • 0% intro APR on purchases and balance transfers for the first 15 months, then 14.99% to 23.74% variable
  • Free FICO credit score

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Signup bonus. Earn 80,000 bonus points when you spend $4,000 in your first 3 months when you open your account. That's $1,000 in value when redeemed for travel purchases via the Chase Ultimate Rewards portal.
  • Earn reward points. Every time you use your card toward travel and dining purchases, you earn 2x points. All other purchases earn 1x points.
  • Point transfer. You can transfer your points in 1:1 ratio with Chase's hotel and airline partners, including British Airways, Air France KLM, Korean Air, Singapore Airlines, Southwest Airlines, United Airlines, Virgin Atlantic, IHG, Marriott and World of Hyatt.

Chase Sapphire Preferred® Card vs Chase Slate® credit card: a feature comparison

If you want a clear look at which Chase card wins in a given category, have a look at our picks below.

Best signup bonus: Chase Sapphire Preferred® Card

The Chase Slate® credit card’s signup bonus lets you avoid balance transfer fees for the first 60 days from account opening. This is certainly handy if you’re making a balance transfer, but it’s only useful if you’re transferring a large amount of debt.

The Chase Sapphire Preferred® Card’s 80,000 Ultimate Reward point offer, on the other hand, is quite valuable. Even among competing rewards cards, 80,000 points is quite a large bonus.

Best rewards: Chase Sapphire Preferred® Card

The Chase Slate® credit card doesn’t offer any form of rewards, even on base purchases. While this isn’t surprising given that it’s marketed as a balance transfer card, you should note that there are other balance transfer cards on the market that do offer rewards.

The Chase Sapphire Preferred® Card is a top card on the market for travel rewards, second only to the Chase Sapphire Reserve® within the Chase rewards catalog.

Best intro APR: Chase Slate® credit card

The Chase Slate® credit card offers an intro APR on balance transfers and purchases at a respectable 0% for 15 months. This gives the card great flexibility to fulfill two different spending needs: making large purchases or consolidating debt.

As the Chase Sapphire Preferred® Card is primarily a rewards card, Chase omitted introductory APRs entirely from the card. You generally shouldn’t make purchases on cards that received a balance transfer anyhow, so not a huge deal here.

Best annual fee: Chase Slate® credit card

The lack of annual fee on the Chase Slate® credit card is an important asset for a balance transfer card. When you’re looking to consolidate debt, the last thing you want is to pay money to simply use the card. And if you use the card for the purchase intro APR, the lack of annual fee can help you pay off your purchases faster.

At just $95 annually, the Chase Sapphire Preferred® Card’s annual fee is actually quite reasonable given the value it offers. But still, you’ll need to use the card and its perks regularly to make up for that fee.

The winner: No contest

Since the Chase Slate® credit card and Chase Sapphire Preferred® Card serve two different financial functions, it’s not feasible to choose a winner between the two. They simply aren’t comparable. However, if you’ve been in need of a rewards card AND a balance transfer card, this breakdown may help you decide which type of card is first on your agenda.

Compare balance transfer and travel credit cards

Want a broader look at your travel and balance transfer card options? Click on the corresponding tab, select your credit score and click “Show cards” to start comparing your options.

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Citi® Diamond Preferred® Card
0% intro for the first 18 months (then 14.74% to 24.74% variable)
$5 or 3% of the transaction, whichever is greater
740
An impressive 18 months intro APR on balance transfers and purchases, as well as no annual fee make this one of the top 0% APR cards available.
Citi® Double Cash Card
0% intro for the first 18 months (then 13.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
740
Get a strong 18 month 0% intro APR on balance transfers AND up to 2% back. This is a rare card that offers both rewards and balance transfers.
Luxury Card Mastercard® Titanium Card™
0% intro for the first 15 billing cycles (then 14.99% variable)
$5 or 3% of the transaction, whichever is greater
700
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
TD Cash Credit Card
0% intro for the first 15 billing cycles (then 12.99%, 17.99% or 22.99% variable)
$5 or 3% of the transaction, whichever is greater
680
3% on dining and 2% on groceries make this a valuable card for food purchases. Use it while traveling, too, with no foreign transaction fees. Available in: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT
CardMatch™ from creditcards.com
See issuer's website
300
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
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Compare up to 4 providers

Name Product Welcome offer Rewards Annual fee Filter values
Chase Sapphire Preferred® Card
80,000 points after spending $4,000 in the first 3 months, a value of up to $1,000 through Chase Ultimate Rewards
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
$95
Earn a huge signup bonus worth $$1,000 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
American Express® Gold Card
60,000 points after spending $4,000 in the first 3 months
3x points on directly-booked flights; 4x at restaurants; 4x at US supermarkets on up to $25,000 annually (then 1x points)
$250
Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 with this upper-mid tier travel card. Rates & fees
Chase Sapphire Reserve®
50,000 points after spending $4,000 in the first 3 months
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
$550
Get a generous $300 in annual travel credits, 3x points on travel and dining, and a 50% bonus on point redemptions with Chase's premier card.
Hilton Honors American Express Card
80,000 points after spending $1,000 in the first 3 months
7x points on Hilton Honors purchases, 5x at US restaurants, US supermarkets and US gas stations, 3x on all other purchases
$0
With a massive welcome offer for a no-annual-fee card and up to 7x points at Hilton, this is a solid pick for Hilton fans and occasional travelers. Rates & fees
Luxury Card Mastercard® Titanium Card™
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1% for cash back
$195
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
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