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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 Chase Sapphire Preferred® Card offers 5x points on travel booked through Chase Ultimate Rewards, 3x points on dining, select streaming, and eligible online groceries, 2x points on all other dining and travel 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. All information about this card has been collected independently by Finder.

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

★★★★★

4.6 / 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

60,000 points after spending $4,000 in the first 3 months.

Rewards
Rewards

N/A

5x points on travel through Chase Ultimate Rewards, 3x points on dining and 2x points on all other travel 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

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 60,000 Ultimate Reward point offer, on the other hand, is quite valuable. Even among competing rewards cards, 60,000 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.

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