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2021 Review: Chase Slate Edge – Back, but Better Than Ever?

Updated Sep 20, 2021 | Published Aug 09, 20216 min read

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Chase Slate Edge℠

Min Credit Level Good
Annual Fee $0
Regular APR 14.99%–23.74% Variable
At a glance

The Chase Slate Edge, with 0% purchase and balance transfer APRs, gives you time to pay off some new big-ticket items or old credit card debt. Pay on time to get a chance for a higher credit limit, a nice feature that can help your credit scores.

Credit Card Insider receives compensation from advertisers whose products may be mentioned on this page. Advertiser relationships do not affect card evaluations. Advertising partners do not edit or endorse our editorial content. Content is accurate to the best of our knowledge when it's published. Learn more in our Editorial Guidelines.

The information related to Chase Freedom Flex℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

Our Rating: 4 Out of 5 Stars

We give the Chase Slate Edge℠ 4 out of 5 Stars. It has a few enticing features, and can be good for paying off debt, but it’s not quite as competitive as some other 0% intro APR credit cards.

Why We Like It

  • Pay off new expenses with the 0% purchase APR, and/or pay off credit card debt with the balance transfer offer
  • Welcome bonus is a rare feature on a card like this: $100 statement credit for spending $500 in the first 6 months of account opening
  • Get considered for a higher credit line pretty quickly, by paying on time and spending $500 in the first 6 months
  • Decent shopping and travel protections
  • No annual fee

Why It Could Be Better

  • 0% intro APR periods aren’t as long as other no-interest cards
  • No spending rewards, unlike some other cards with 0% APRs
  • APR reduction benefit could encourage bad credit card habits

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Chase Slate Edge℠
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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR0% for 12 months, then 14.99%–23.74% Variable

The information related to Chase Slate Edge℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

Chase discontinued the somewhat-iconic Slate card in 2020, replacing it with the Chase Slate Edge℠. As of its release, the Slate Edge doesn’t quite stack up to its predecessor in some key areas (like 0% period length), although it comes with some interesting new benefits.

Cardholders can get a chance at a higher credit line pretty quickly, which is helpful for paying off debt and reducing credit utilization, while Chase Offers can put some money back in your pocket. There’s also an APR reduction feature, but this isn’t very useful (who wants interest charges, even if they’re a bit lower?).

The Slate Edge could serve its purpose fairly well, and the credit limit boost is nice, but if you want a very long 0% period you’ll have to look elsewhere. Overall, this card is probably best if you have debt with other card issuers and you want to pay it off with a balance transfer.

Insider Advice: Getting the Most Out of Your Card

  • Earn a little bonus: Usually, only cards with spending rewards have welcome bonuses; but the Slate Edge gives a little back if you spend enough. Since this card has no annual fee, that could be all profit, assuming you avoid interest and other fees. But, if you’re getting this card for a balance transfer, you may not have enough credit limit leftover to earn the bonus.
  • Take your time to pay for large (necessary) expenses: If you’ve got to pay for something expensive, like home renovations or medical treatment, use the Slate Edge to spread those payments out over time. Just be sure to make the minimum payment each month, and pay off the balance by the end of the 0% period.
  • Get some help with credit card debt: High-interest credit card debt can seem insurmountable — it just keeps growing and growing. But you can transfer that debt to the Slate Edge, where it’ll get a 0% interest rate for a set period. Now you won’t be chasing interest charges, and your full monthly payments will go toward the principle balance. Just be sure to factor in the balance transfer fee.
  • Increase your spending power by being a responsible cardholder: If you spend $500 in the first six months and pay on time — which should be a piece of cake for most cardholders — you’ll automatically be considered for a higher credit limit. A higher credit line can help your credit scores by increasing your available credit and lowering your credit utilization.
  • Lower your APR… but so what? For every account anniversary year that you a) pay on time and b) spend at least $1,000, you’ll be considered for a 2% APR reduction (down to a certain limit). But this isn’t much of a benefit, because you shouldn’t carry a credit card balance from month to month unless the interest rate is 0%. Whether your APR is 16%, 14%, or 12% — carrying credit card debt will be expensive. Use this card’s 0% offers to pay over time, but when those offers are over pay your statement balance in full each month.
  • Check out Chase Offers and other perks: The Slate Edge doesn’t have rewards but it does have access to Chase Offers, which provides statement credits for shopping at select retailers. Add an offer to your card online or in the Chase app, and you’ll be good to go. There’s also a small selection of shopping and travel protections, like purchase protection and auto rental insurance, which could be handy in some unfortunate circumstances.

The Rewards

Introductory Bonus
  • $100 statement credit for spending $500 in the first 6 months of account opening

The Chase Slate Edge has no actual credit card rewards, but you can earn a decent return on some initial spending.

Many cards offer rewards and 0% intro APRs; check them out here. Best Rewards Credit Cards

The Benefits

  • Increase your credit limit: Pay on time and spend $500 in the first six months to be automatically considered for higher credit line.
  • Lower your APR by 2% per year: For each account anniversary year that you pay on time and spend at least $1,000, you’ll be considered for an APR reduction of 2%, until your APR reaches the prime rate + 9.74%.
  • Chase Offers: Earn discounts in the form of statement credits by shopping with eligible retailers. You must select an offer before making an eligible purchase to get the credit.
  • Free credit score: Use Chase Credit Journey to monitor your VantageScore 3.0 credit score, based on your TransUnion credit report.
  • Purchase Protection: Eligible new purchases are covered against damage and theft for 120 days, up to $500 per claim and $50,000 per account.
  • Extended Warranty Protection: Eligible U.S. manufacturer’s warranties of three years or less can be extended by an additional year.
  • Auto Rental Collision Damage Waiver: Get secondary coverage for theft and collision damage of eligible rental cars when you decline the rental company’s insurance and charge the entire rental to your card.
  • Roadside Dispatch: Call 1-800-847-2869 for help on the road, including tows, tire changes, winching, gas delivery, and locksmith services.
  • Contactless: Tap to pay at eligible checkout terminals.

The Terms & Fees

Purchase APR Balance Transfer APR Cash Advance APR
0% for 12 months, then 14.99%–23.74% Variable 0% for 12 months, then 14.99%–23.74% Variable 24.99% Variable
Annual Fee Foreign Transaction Fee
$0 3%
Balance Transfer Fee Cash Advance Fee
3%, $5 minimum 5%, $10 minimum
Penalty APR Late Fee Returned Payment Fee
Up to 29.99% See Terms See Terms
Read more Best Balance Transfer Credit Cards of September 2021

The Bottom Line

With decent 0% APRs, plus an opportunity for a higher credit line, the Chase Slate Edge℠ (Review) could be an attractive offer if you’ve got a large balance to pay off.

On the other hand, the 0% periods aren’t terribly long for a card like this — you can find reward cards from Chase and other issuers with 0% periods just as long or longer. The higher credit line chance is a bit more rare, however, and could be handy if you’re worried about getting a small limit (but there’s no guarantee you’ll be approved for a higher limit).

Although the Slate Edge gives you a fair bit of time to pay, and comes with some interesting perks, it doesn’t really stand out among 0% APR credit cards. It could be most useful for those who have debts with other card issuers, and want a balance transfer card to help pay them off (because you can’t usually transfer balances between a single issuer’s cards).

How Do I Apply for the Chase Slate Edge?

Follow the link below to begin your application. Credit card issuers often give an instant answer, but in some cases you may need to provide more information.

What Credit Scores Do I Need To Qualify for the Chase Slate Edge?

The Slate Edge is designed for people with good credit, at least. You have good credit (by most measures) if your FICO scores are at least 670, or your VantageScores are at least 700.

But it’s possible to be approved with worse credit than that, or denied with good or better credit. Other factors, like income and the current economic situation, also play a role.

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Chase Slate Edge℠
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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR0% for 12 months, then 14.99%–23.74% Variable

The information related to Chase Slate Edge℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

Frequently Asked Questions

How do I increase my credit limit with the Chase Slate Edge?

You can be automatically considered for a higher credit limit by spending $500 in the first six months and paying on time. And, like other cards, you can also request a higher credit line or wait for automatic limit increases.

How do I lower my APR with the Chase Slate Edge?

For each anniversary year that you spend at least $1,000 and pay on time, you’ll be considered for a 2% APR reduction. But, unless you have a 0% APR, we don’t recommend ever carrying a balance on a credit card because it’s a very expensive type of debt.

See some excellent 0% APR credit cards.

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Alternatives to the Chase Slate Edge Card

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  • Min. credit levelGood
  • Annual Fee$0*
  • Purchase APR0%* for 20 billing cycles on purchases, then 14.49% - 24.49%* Variable

Rates & Fees

  • 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 14.49% – 24.49%.
  • Great offer from U.S. Bank, a 2021 World’s Most Ethical Company® – Ethisphere Institute, February 2021.
  • No Annual Fee*
  • Flexibility to choose a payment due date that fits your schedule.
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your U.S.Bank Visa® Platinum Credit Card. Certain terms, conditions, and exclusions apply.
Why We Picked It

With extra-long 0% rates for purchases and balance transfers, it’s hard to beat the U.S. Bank Visa Platinum for paying off debt.

It has one job, and it does it well. There are just a few perks, although one is the useful Cell Phone Protection.

Key Features
  • Free credit score: See your VantageScore credit score based on your TransUnion credit report.
  • Cell Phone Protection: If your phone is damaged or stolen, you can file a claim to have it repaired or replaced. Call 1-866-894-8569 to file a claim; up to $600 per claim, two claims per year.
  • Purchase APR: 0% for 20 billing cycles on purchases, then 14.49% - 24.49%* Variable
  • Balance Transfer APR: 0% for 20 billing cycles on balance transfers*, then 14.49% - 24.49%* Variable
  • Balance Transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater
  • Annual fee: $0*
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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR0% for 18 months, then 13.74% - 23.74% (Variable)
  • 0% Intro APR for 18 months on purchases from date of account opening and 0% Intro APR for 18 months on balance transfers from date of first transfer. After that the variable APR will be 13.74% – 23.74%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • Get free access to your FICO® Score online.
  • With Citi Entertainment®, get special access to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
  • Shop with confidence knowing that you have dependable protection benefits, including $0 Liability on Unauthorized Purchases and Citi®Identity Theft Solutions.
  • The standard variable APR for Citi Flex Plan is 13.74% – 23.74%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi’s discretion.
Why We Picked It

Another simple option for paying off debt — new purchases or existing balances — the Diamond Preferred is one of Citi’s best 0% cards.

If you have debt with Chase, you can’t transfer that debt to the Slate Edge; if you have debt with U.S. Bank, you can’t transfer that debt to the Visa Platinum, above.

So you may want the Diamond Preferred — not quite as good as the U.S. Bank card, but not bad by any means.

Key Features
  • Citi Concierge: Call 1-800-508-8930 anytime to speak with a personal assistant, who can help with non-emergency tasks like finding tickets or making reservations.
  • Citi Entertainment: Access tickets to a wide variety of events, like concerts and sporting events, occasionally including presales and exclusive experiences.
  • Free FICO Score: Check your FICO Bankcard Score 8, based on your Equifax credit report, for free.
  • Purchase APR: 0% for 18 months, then 13.74% - 23.74% (Variable)
  • Balance Transfer APR: 0% for 18 months, then 13.74% - 23.74% (Variable)
  • Balance Transfer fee: 3%, $5 minimum
  • Annual fee: $0

Citi is a Credit Card Insider advertiser.

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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR0% Intro APR on Purchases for 15 months, then 14.99% - 23.74% Variable
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 – 23.74%.
  • No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
Why We Picked It

How about a competitive 0% rate, plus cash back rewards? That’s what you get with the Freedom Flex.

It may be a bit harder to qualify for than the Slate Edge, but it’s worth considering. If you need the card for a big purchase, for the 0% APR, you could earn quite a bit of cash back as well — even more if the expense falls in one of the 5% bonus categories.

The Freedom Flex has some decent perks too, including a DoorDash membership and various credits. But if you’re looking for 0% APR for balance transfers, this card may not have what you need.

Rewards
Spending Rewards
  • 5% cash back on:
    • Travel purchased through Chase Ultimate Rewards
    • Lyft rides (through March 2022)
    • Grocery store purchases (not including Target or Walmart) up to $12,000 spent in the first year
  • 5% cash back in rotating categories, up to $1,500 spent per quarter, then 1%
  • 3% cash back at:
    • Restaurants
    • Drugstores
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 bonus for spending $500 in the first 3 months
Quarter 2021 Categories 2020 Categories
January – March
  • Wholesale Clubs
  • Internet
  • Cable/Phone Services
  • Select Streaming Services
  • Gas Stations
  • Select Streaming Services
  • Internet, Cable, Phone Services
April – June
  • Gas Stations
  • Home Improvement Stores
  • Grocery Stores
  • Fitness Club & Gym Memberships
  • Select Streaming Services
July – September
  • Grocery Stores (excluding Target and Walmart)
  • Select Streaming Services
  • Amazon
  • Whole Foods Market
October – December
  • Walmart
  • PayPal
  • Walmart
  • PayPal
Key Features
  • DoorDash membership: A free membership (DashPass) for three months, and a 50% discount for the next nine months; a DashPass provides free delivery and reduced service fees on orders over $12.
  • Shop through Chase/Chase Offers: Earn extra cash back or find discounts with the Shop through Chase and Chase Offers programs.
  • ShopRunner membership: Get free two-day shipping at a wide selection of retailers.
  • Lyft credits: Once per month you can earn a $10 Lyft credit for every five rides you take.
  • Boxed rewards: 5% cash back rewards on Boxed Wholesale orders to be used for future purchases
  • Fandango discount: $5 off every two tickets you buy
  • Shopping and travel protections: Cell Phone Protection, Purchase Protection, Extended Warranty Protection, Trip Cancellation/Trip Interruption Insurance, Auto Rental Collision Damage Waiver, Travel and Emergency Assistance Services
  • Purchase APR: 0% Intro APR on Purchases for 15 months, then 14.99% - 23.74% Variable
  • Annual fee: $0

The information related to Chase Freedom Flex℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR13.99% – 23.99% (Variable)
  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
  • Balance Transfers do not earn cash back.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • The standard variable APR for Citi Flex Plan is 13.99% – 23.99% based on your creditworthiness. Citi Flex Plan offers are made available at Citi’s discretion.
Why We Picked It

The Double Cash packs a heavy one-two punch: excellent flat-rate rewards, and a surprisingly long 0% balance transfer offer.

Why have a long 0% balance transfer period on a card like this? Don’t ask us. But you could use it to pay off high-interest debt from another card or account, and then earn 2% back for everything you buy.

If you have a 0% APR balance from the balance transfer, and then you make purchases with the Double Cash, keep in mind that you’ll then have a separate purchase balance, with a higher APR. You’ll need to pay that purchase balance in full each month to avoid interest on that balance.

Rewards
Spending Rewards
  • 2% cash back for every purchase (must pay at least the minimum due on time):
    • 1% back when you make a purchase
    • 1% back when you pay for that purchase
Key Features
  • Citi Concierge: Call for non-emergency help whenever you need it, like assistance making travel reservations.
  • ShopRunner membership: Use ShopRunner to get free two-day shipping and returns at participating retailers.
  • Free credit score: Check your FICO Bankcard Score 8 for free, based on your Equifax credit report.
  • Balance Transfer APR: 0% for 18 months on Balance Transfers, then 13.99% – 23.99% (Variable)
  • Balance Transfer fee: Balance transfer fee applies with this offer 3% of each balance transfer; $5 minimum
  • Annual fee: $0

Citi is a Credit Card Insider advertiser.

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Chase Slate Edge℠
Apply Now

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  • Min. credit levelGood
  • Annual Fee$0
  • Purchase APR0% for 12 months, then 14.99%–23.74% Variable

The information related to Chase Slate Edge℠ has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

What do you think about using the Chase Slate Edge to pay off big purchases or other credit cards? Would you pick it over other cards?

Written by

Brendan Harkness

Brendan has been writing about personal finance for over eight years, and is now taking on the challenge of bringing high-quality credit education to the masses. He makes sure that Credit Card Insider is covering the most important credit topics transparently and precisely, and that we have up-to-date reviews of credit cards so you can find cards that are right for you.

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