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Chase Slate Edge℠ vs Chase Sapphire Preferred® Card

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

The winner: Chase Sapphire Preferred® Card

Up to 5x

Points

  • Massive signup bonus worth $1,250 with Chase Ultimate Rewards
  • 1:1 point transfer to partner hotels and airlines
  • Earn up to 5x points
Apply now
The Chase Sapphire Preferred® Card offers 2x points on travel and dining and 1x points on everything else. The Chase Slate Edge℠, on the other hand, doesn’t offer rewards, but instead comes with an intro APR on purchases and balance transfers for 12 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 Edge℠

Chase Slate Edge℠

Terms apply, see rates & fees

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Terms apply, see rates & fees

Finder rating
Finder 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

$100 bonus on your statement when you spend $500 in your first 6 months

100,000 points after spending $4,000 in the first 3 months. That's $1,250 when you redeem 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 12 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 12 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 $40 Up to $40
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

Read review

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Chase Sapphire Preferred® Card vs Chase Slate Edge℠: 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 Edge℠’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 100,000 Ultimate Reward point offer, on the other hand, is quite valuable. Even among competing rewards cards, 100,000 points is quite a large bonus and the highest bonus ever offered among Chase’s flagship cards.

Best rewards: Chase Sapphire Preferred® Card

The Chase Slate Edge℠ 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 Edge℠

The Chase Slate Edge℠ offers an intro APR on balance transfers and purchases at a respectable 0% for 12 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 Edge℠

The lack of annual fee on the Chase Slate Edge℠ 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 Edge℠ 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 Chase Slate Edge℠ vs. Chase Sapphire Preferred® Card

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Chase Slate Edge℠
0% intro for the first 12 months (then 14.99% to 23.74% variable)
Intro fee of $3 or 5% of the transaction, whichever is greater for the first 60 days (then $5 or 5%)
670
New revamped Chase Slate Edge card: Earn $100 bonus on your statement when you spend $500 in your first 6 months
Chase Sapphire Preferred® Card
15.99% to 22.99% variable
$5 or 5% of the transaction, whichever is greater
670

Up to $1,250 signup bonus

Earn a massive signup bonus of 100,000 points with this popular travel card. That's worth up to $1,250!
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