Chase Slate Edge Credit Card

Chase Slate Edge Credit Card Review

This is a card issued by Chase Bank. If you're wondering whether Chase Slate Edge is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 18 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 19.24% up to 27.99%.
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Chase Slate Edge Credit Card charges a fee of 5% on balance transfers, if you transfer the balance within 5 days of opening the account. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, extended warranty protection on purchases, identity theft protection, purchase security, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Chase Slate Edge

The Good

The Bad

Lower your interest rate by 2% each year. Has an introductory APR rate on balance transfers of 3%. 0% APR on new purchases during the first 18 months. There is then a variable purchase APR that ranges from 19.24% up to 27.99%. No annual fee. Multiple credit card perks. Offers Auto Rental Collision Damage Waiver. Extended warranty on purchases. Free access to your credit score. Identity Theft Protection. Travel assistance insurance Considers applicants with fair credit. Chase Slate Edge Credit Card reports to multiple credit bureaus.

Higher than average purchase APRs. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Charges a 5% balance transfer fee , if you transfer the balance within 5 days.

Chase Slate Edge FAQ

Does Chase Slate Edge have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Chase Slate Edge benefits?

It provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Free Credit Report
• No blackout dates when redeeming miles
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Chase Slate Edge?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Chase Slate Edge Credit Card has a variable purchase APR that ranges from 19.24% up to 27.99%. The card has a variable balance transfer APR that ranges from 19.24% up to 27.99%. It also has a variable cash advance APR of 29.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Chase Slate Edge?

The following fees apply:

• There is no overlimit fee

Chase Slate Edge Credit Card Fees

Description
Cash Advance Fee Minimum	$10
Cash Advance Fee (%)	Up to 5%
Minimum Cash Advance Fee ($)	$10
Foreign Currency Transaction Fee	3%
No Annual Fee?
No Foreign Transaction Fee?
No Annual Fee First Year?
Annual Fee	$0
Over-Limit Fee	$0
No Interest Grace Period for Late Payment	21 days
Returned Payment Fee	Up to $40
Late Fee Amount	Up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Chase Slate Edge Credit Card report your account activity to credit bureaus?

Yes, Chase Slate Edge Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Chase Slate Edge

• Visit the Chase Slate Edge website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.