Compare it to the Chase Slate Edge℠
The Citi® Double Cash Card offers a lengthy intro period of 0% for 18 months on balance transfers, after which a 13.99% – 23.99% (variable) APR applies. And its balance transfer fee is reasonable: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
However, some consumers may be willing to accept a shorter intro 0% APR period in exchange for other benefits. That’s when the Chase Slate® is worth considering.
The Chase Slate Edge℠ offers 0% Intro APR on Balance Transfers for 18 months. Then, 14.99% - 23.74% Variable., after which a 14.99 - 23.74% variable APR applies. It also offers a balance transfer fee of Either $5 or 3% 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.
The Chase Slate Edge℠ offers a shorter interest-free periods on purchases and balance transfer than the Citi® Double Cash Card – 18 month BT offer. However, new Chase Slate Edge℠ cardholders can n/a
Plus, there is an automatic review of your account for a potentially higher credit limit after you spend $500 on the card within the first six months, provided your payments have been made on time. And if you spend at least $1,000 on your card within a year (and you pay on time), you may also be automatically considered for an APR reduction of up to 2%.
If you need a longer intro APR period, the Citi® Double Cash Card is the better balance transfer card. But if you can pay off your transferred debt more quickly, the Chase Slate Edge℠ offers an opportunity to save money with its signup bonus and a potentially lower APR.