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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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American Express Disclosure
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American Express Disclosure

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Chase Slate Edge Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
4.2
Chase Slate Edge<sup>℠</sup>
Lower Your APR
Lower your interest rate by 2% each year. Automatically be considered for an APR reduction when you pay on time, and spend at least $1000 on your card by your next account anniversary.
Intro Purchase APR
0% Intro APR on Purchases for 18 months. Then, a 20.49% – 29.24% Variable APR applies.
Intro Balance Transfer APR
0% Intro APR on Balance Transfers for 18 months. Then, a 20.49% – 29.24% Variable APR applies.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
Citi is an advertising partner.

Our take: If you need to finance a large purchase or transfer a high-interest balance from an existing card, the $0-annual-fee Chase Slate Edge is a great option. It offers lengthy interest-free periods on purchases and balance transfers. But if you want to earn rewards or access premium card benefits, this card isn’t for you.

Pros and cons

  • Lengthy intro APR offers
  • Chance to reduce your interest rate
  • Opportunity to raise your credit limit
  • $0 annual fee

Cons

  • No rewards program
  • High balance transfer fee
  • Foreign transaction fees

Is the Chase Slate Edge a good credit card?

The Chase Slate Edge is a good card if you need time to pay off a sizable upcoming purchase or you’re struggling to pay down existing credit card debt. It offers an intro APR on purchases and balance transfers for a year and a half.

We should note that this time period is comparable to similar 0% APR cards with no annual fees. What sets the Chase Slate Edge apart is the incentives it offers when you reach certain spend thresholds and use the card responsibly. For example, you can potentially lower your interest rate by 2% each year after spending $1,000 on your card by your next account anniversary. You can also receive a higher credit limit when you pay on time and spend $500 in your first six months.

That said, if you’ll need more time to pay off your transferred balance, there are cards available that offer intro APRs up to 21 months. Or, if you plan to carry a balance from purchases from month to month, you may want to consider a 0% intro APR card that also offers rewards.

Quick facts

    • Start off strong with 0% Intro APR for 18 months from account opening on purchases and balance transfers. A variable APR of 20.49% - 29.24% on balance
    • Lower your interest rate by 2% each year. Automatically be considered for an APR reduction when you pay on time, and spend at least $1000 on your card by your next account anniversary.
    • Raise your credit limit. Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
    • All for no annual fee - You won't have to pay an annual fee for all the great features that come with your Slate EdgeSM card
    • Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more
    • Member FDIC
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720 850
    Good/Excellent
  • Purchase protection
  • Extended warranty protection
  • Free credit score with Chase Credit Journey
  • Roadside Dispatch
  • Auto rental collision damage waiver
  • Access to My Chase Plan

Intro Purchase APR

0% Intro APR on Purchases for 18 months.

Regular Purchase APR

20.49% – 29.24% Variable

Intro BT APR

0% Intro APR on Balance Transfers for 18 months.

Regular BT APR

20.49% – 29.24% Variable

Annual Fee

$0

Cash Advance Fee

Either $10 or 5% of the amount of each transaction, whichever is greater.

Foreign Transaction Fee

3% of the amount of each transaction in U.S. dollars.

Balance Transfer Fee

Either $5 or 5% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater.

What we like about the Chase Slate Edge

  • Lengthy intro APR offers

    With the Chase Slate Edge, you’ll get a long 0% Intro APR on Purchases for 18 months. After that, a regular APR of 20.49% – 29.24% Variable applies. You’ll also get a 0% Intro APR on Balance Transfers for 18 months. After that, an APR of 20.49% – 29.24% Variable applies.

    Compared to other 0% APR cards — which can have intro periods ranging anywhere from 6 months to 21 months — these are strong offers.

  • Chance to lower your interest rate

    The Chase Slate Edge provides the unique opportunity to lower your ongoing APR. When you pay on time and spend $1,000 on your card in an account anniversary year, you’ll be automatically considered for an APR reduction of up to 2%.

    The lowest your APR can go is the Prime Rate plus 9.74%, which is better than the APRs of some of the best low-interest credit cards currently available.

    Note, though, your final APR reduction could be less than 2% (depending on the APR you initially receive).

  • Opportunity to raise your credit limit

    When you pay on time and spend $500 in the first six months of having the card in the first year, Chase will automatically review your account to see if you’re eligible for a higher credit limit.

  • $0 annual fee

    This card charges a $0 annual fee, which is on par with similar 0% APR cards that don’t offer rewards programs.

What to watch out for with the Chase Slate Edge

  • No rewards program

    The Chase Slate Edge doesn’t offer rewards for the purchases you make, but that’s common for a card that provides an intro APR on purchases and balance transfers for 18 months.

    If you want a card that offers rewards and an intro APR, you may have to settle for one with a shorter interest-free period, like the Chase Freedom Unlimited®.

  • High balance transfer fee

    Most balance transfer cards charge a balance transfer fee of 3%. The fee for the Chase Slate Edge is on par with other cards during your first few months of membership, making it a good choice for a balance transfer during the introductory period. However, afterwards the balance transfer fee increases.

    The card charges either $5 or 5% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. As such, if you need longer than 60 days to transfer a balance, you may want to consider other balance transfer cards.

    There are also a handful of balance transfer cards available that don’t charge balance transfer fees at all, but those typically offer shorter interest-free periods than the Chase Slate Edge.

  • Foreign transaction fees

    If you use your Chase Slate Edge to make purchases outside the U.S., you’ll be charged foreign transaction fees of 3% of the amount of each transaction in U.S. dollars.

    This can add up quickly, so it’s best to take a card that doesn’t charge foreign transaction fees when traveling abroad.

Alternate 0% APR cards

Chase Slate Edge vs. Wells Fargo Reflect® Card

| Disclosures
Wells Fargo Reflect® Card*
Wells Fargo Reflect® Card
Learn More
on Wells Fargo's secure site
0% intro APR 21 months from account opening
18.24%, 24.74%, or 29.99% Variable APR
$0
None
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 18.24%, 24.74%, or 29.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min $5.
  • $0 Annual Fee.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
  • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
660 720 850
Good/Excellent
*The information related to the Wells Fargo Reflect® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


 
If you need a longer intro APR period, the Wells Fargo Reflect® Card offers one of the longest currently available. You’ll get a 0% intro APR 21 months from account opening . After that, a regular 18.24%, 24.74%, or 29.99% Variable APR applies. The card also offers a 0% intro APR for 21 months from account opening on qualifying balance transfers. After that, a regular 18.24%, 24.74%, or 29.99% Variable APR applies.

Similar to the Chase Slate Edge, this card comes with a $0 annual fee, but also doesn’t offer a rewards program and charges foreign transaction fees.

Still, unlike the Chase Slate Edge, it doesn’t offer an introductory balance transfer fee. You’ll be responsible for paying 5%, min: $5 for each balance transfer. That 2% difference could significantly cut into your savings from a balance transfer. For example, if you transfer $5,000 to a card with a 3% fee, you’ll be charged $150. But if you transfer that same amount to a card with a 5% fee, the balance transfer will end up costing you $250.

Chase Slate Edge vs. Citi Simplicity® Card

| Disclosures
Citi Simplicity® Card
Citi Simplicity® Card
apply-now-icon Apply Now
on Citibank's secure site
Rates & Fees
0% intro APR for 12 months on Purchases
19.24% - 29.99% (Variable)
$0
N/A
  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 19.24% - 29.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
  • Stay protected with Citi® Quick Lock
660 720 850
Good/Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


 
The Citi Simplicity® Card offers a longer interest-free period on balance transfers than the Chase Slate Edge, but comes with a shorter intro APR on purchases.

The $0-annual-fee card has an intro APR of 0% intro APR for 21 months on Balance Transfers, then a 19.24% - 29.99% (Variable) APR applies. Plus, you’ll get an intro APR of 0% intro APR for 12 months on Purchases, then a 19.24% - 29.99% (Variable) APR applies.

This card also has a longer intro balance transfer fee period: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.

Chase Slate Edge vs. Chase Freedom Unlimited®

| Disclosures
Chase Freedom Unlimited®
Chase Freedom Unlimited®
apply-now-icon Apply Now
on Chase's secure site
0% Intro APR on Purchases for 15 months
20.49% – 29.24% Variable
$0
Enjoy 5% cash back on travel purchased through Chase Travel, our premier
  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
  • Member FDIC
660 720 850
Good/Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


 
If you want to earn cash back rewards — and you don’t mind a slightly shorter intro APR — the $0-annual-fee Chase Freedom Unlimited® could be a better fit.

Enjoy 5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases.

Plus, you’ll earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases.

As far as intro APRs go — you’ll get a 0% Intro APR on Purchases for 15 months and a 0% Intro APR on Balance Transfers for 15 months. After the intro period, a 20.49% – 29.24% Variable will apply.

Is the Chase Slate Edge right for you?

The Chase Slate Edge is a good choice if you’re looking for a $0-annual-fee card with a long intro APR on purchases or balance transfers. Although the card doesn’t offer rewards for your purchases, it does come with rare features that can help you lower your interest rate and increase your credit limit.

But if you want an even longer interest-free period, the Wells Fargo Reflect® Card may be a better fit. Or the Citi Simplicity® Card could be a good option to consider if you want more time to take advantage of the introductory balance transfer fee.

Finally — if you want to earn cash back rewards and don’t need a ton of time to pay your balance in full, you should consider the Chase Freedom Unlimited®. Just know that if you make use of the balance transfer offer, we recommend paying off your transferred balance before focusing on racking up rewards.

Learn More
on Chase's secure site

Frequently asked questions

Yes, the Chase Slate Edge charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars.

The Chase Slate Edge comes with a $0 annual fee.

You won’t earn rewards for the purchases you make using the Chase Slate Edge, as the card doesn’t offer a rewards program.

The Chase Slate Edge offers an auto rental collision damage waiver. This provides protection against theft and collision damage for most cards in the U.S. and abroad. To be eligible, you’ll need to decline the rental company’s collision insurance and charge the entire rental cost to your card.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

The information related to the Wells Fargo Reflect® Card and Citi Simplicity® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The information related to the Chase Slate Edge has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.