Review of the Chase Slate Credit Card: A Way Out Of Debt

Brendan Harkness

Brendan Harkness | Reviews

Feb 23, 2018 | Updated Jun 19, 2019

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The Chase Slate Credit Card is a simple card with one main purpose: balance transfers.

This is one of the best cards available if you want to pay down a large balance at zero interest, because it gives you 15 months to do so. You’ll be able to transfer a balance away from an account that’s accruing interest and onto this card. Then you can pay it off without worrying about those interest charges.

Best of all, there’s no fee for your balance transfer, as long as you make it within the first 60 days. That’s a very rare find on credit cards, which usually charge a fee of at least 3%.

Or you can just use this card to pay off purchases over time without accruing interest. But you won’t earn any rewards on those purchases. Keep reading to learn how you can use the Chase Slate to save quite a bit of cash.

Card Rating: 5 out of 5 Stars

Why we like this card

We gave the Chase Slate 5 out of 5 Stars because it’s one of the best options out there for balance transfers, but you may end up paying a transfer fee with it.

  • It provides a great way to help get out of credit card debt.
  • No fee for balance transfers made in the first 60 days, and 15 months to pay off balances at no interest.
  • There’s 15 months at 0% interest for purchases too.
  • No annual fee.
  • Monitor your VantageScore 3.0 credit score, based on your TransUnion credit report.

Why this card could be better

  • There are no rewards for purchases, and no signup bonus.
  • You may get a 0% intro fee for balance transfers, but you may also get a 1% or 2% fee.
  • Besides the VantageScore 3.0 access, there are only some basic shopping and travel benefits.

Insider Advice: Using This Card as Part of Your Credit Card Strategy

  • Use this card to save money by transferring a balance away from an account with a high interest rate. Be sure to make payments every month, and finish paying it off by the time the introductory period ends.
  • You can transfer balances from non-Chase accounts, up to to your credit limit or $15,000.
  • If you’re using this card to help pay down old debt, commit to paying off the balance without adding more charges.
  • You can also use this card to make purchases and pay them off over quite a while. But you won’t earn any rewards when you do, and there are many cash back cards with intro APR periods that would be better for this.
  • After you finish paying off your balance, don’t close out the card account. Having more total available credit is good for your credit scores.
  • Check up on your credit with the Credit Dashboard. Learn how credit works and what you can do to improve your score.

The Rewards

You won’t earn any rewards, like points or cash back, for using this card. Instead, see how you can save money with this card in the next section.

How Much Money Could I Save?

Here’s an example to see how much money you can save with the Chase Slate.

Say you have a balance of $5,000 on your My Best Buy™ Credit Card (Review). At an interest rate of 26.49%, you will end up spending almost $1,000 in interest if you take 15 months to pay it off. You would also have to make monthly payments of $396 to pay it off in that time.

Instead, you could transfer that balance to the Slate card, either for free or for a low fee. Then you’d have those 15 months to pay off the $5,000 without incurring any interest. As long as you always pay on time and finish paying off the balance before the 15 months are over, that’s an easy way to save over $1,000. Your monthly payments would be lower too, only $334. That’s because you won’t be paying for that extra interest.

The Benefits

Credit Dashboard

Chase provides a way for you to monitor your credit and track it over time. You can see your VantageScore 3.0 for free any time, based on your TransUnion credit report.

Chase Credit Journey

This credit monitoring service lets you check your VantageScore 3.0, based on your TransUnion credit report. There’s also a score simulator you can use to see how paying off debt will affect your credit.

Purchase Protection

Your eligible purchases with the card are covered for 120 days against theft or damage. Up to $500 per claim is available, and up to $50,000 per account.

Extended Warranty Protection

For purchases made with the card, eligible manufacturer’s warranties can be extended by one additional year. Applies to warranties of 3 years or less.

Price Protection

If you buy an item and find it being advertised for a lesser price within 90 days, this benefit will provide reimbursement for the difference. Terms and limitations apply.

Roadside Dispatch

Call 1-800-VISA-TOW (1-800-847-2869) for help in emergencies on the road. For a fee of $59.95 per service call, you can get:

  • Towing: up to 5 miles included
  • Tire Changing: must have a good, inflated spare
  • Jump Starting: a battery boost
  • Lockout Service: no key replacement
  • Fuel Delivery: up to 5 gallons (cost of fuel not included)
  • Winching: within 100 feet of a paved or county maintained road

Auto Rental Collision Damage Waiver

Provides coverage against collision damage and theft for your rented vehicles. You must decline the car rental company’s own insurance for this to take effect.

Other Benefits

Cardholders will get some other minor benefits with this card, like Fraud Protection and Fraud Alerts. These can be handy if you ever have any unauthorized activity happening with your account.

See the full set of benefits for the Chase Slate card.

The Costs & Fees

Intro APR for Purchases and Balance Transfers Regular Purchase and Balance Transfer APR Cash Advance APR
0% for 15 months 17.24%–25.99% Variable 26.99% Variable
Annual Fee Foreign Transaction Fee Balance Transfer Fee Cash Advance Fee
$0  3% $0 for the first 60 days, then 5%, $5 minimum 5%, $10 minimum
Penalty APR Late Fee Returned Payment Fee
None Up to $37 Up to $37

The Chase Slate has long been known for its no-fee intro balance transfer offer. There is no fee for balance transfers made in the first 60 days after opening the account.

This could save you a lot of money compared to most other cards, which will charge around 3% for transfers. If you’re transferring $5,000, for example, a 3% fee will be $150 extra you have to pay.

After 60 days, you’ll be charged a fee of 5% (minimum of $5) of the amount transferred. Balance transfers need to be less than your credit limit, with a maximum of $15,000.

There is no penalty APR with this card. That’s a high rate that other cards might apply to your account if you make a late or returned payment.

If your 0% rate runs out, or if you’re using a credit card without a 0% APR, you can still avoid interest charges on purchases. Just pay off your balance in full each billing period.

Customer Support

Phone Support

Chase Credit Card Customer Support 1-800-432-3117

You can reach Chase’s customer support by calling the number on the back of your card, or in the box above.

We called them to learn a few things about the Chase Slate. Eventually we got through to a human rep, who was able to tell us about the card.

She told us that when a person applies for the Slate, or other Chase credit cards, they’ll check your Equifax credit report. This was interesting, because many issuers will check with more than one credit bureau.

We also found out that Slate cardholders will not have access to the Chase Ultimate Rewards shopping portal. Even though this card doesn’t earn rewards, we thought that cardholders might have access to this marketplace of deals. But that’s not the case.

Chase is known for having decent customer service. They generally rank around the middle of the pack, as far as credit card companies go. Every year J.D. Power conducts a survey, and in the most recent 2017 U.S. Credit Card Satisfaction Survey Chase ranked fifth. That’s a bit lower than their placement a few years ago.

Web Support

Chase’s website has all the basic information you need about their cards. However, be aware that in some cases you may find a slightly different offer for the Chase Slate, with different terms and fees.

Cardholders can get in touch with Chase by using their secure message system, which can be found by logging in to your online account. You can ask them about your specific account through this channel, but it may take a few days to get a response.

The Bottom Line

If you want to make a balance transfer to reduce your interest payments and help get yourself out of credit card debt, the Chase Slate Credit Card is one of your best options for that.

Transfer a balance to this card for free during the first 60 days. Then you’ll have 15 months to pay it off at zero interest.

Or you can use this card to pay off large purchases over that time. Even though you won’t earn rewards, you’ll have quite a while to pay them off.

This is one of the best transfer deals you’ll find in credit cards, because most charge a fee of at least 3%. This would be quite hefty on large balances of thousands of dollars.

However, if you get an offer for the Slate that includes a transfer fee, you may want to look into some other balance transfer options.

How to Apply for the Chase Slate Credit Card

Want to learn more or apply for this card? Just click the Apply Now button below.

You’ll be taken to Chase’s website, where you will see a particular balance transfer offer — probably 0%, 1%, or 2%. If you get something other than 0%, it may be worth your while to search for the card through Google or Chase’s site to see if you can land on a page with a better card offer.

When you apply, Chase will check your Equifax credit report. Applicants with a better credit history will have a better chance of being approved.

Alternatives to the Chase Slate Credit Card

There are several other good balance transfer cards out there. Some of these offer cash back as well, while others are just good for paying off balances at no interest.


The Amex EveryDay Credit Card (Review) was recently given an upgrade that makes it great for balance transfers.

It provides 15 months at 0% APR for both purchases and balance transfers. After that you’ll have a regular rate of 15.24%–26.24% Variable.

This is not unusual for cash back cards, but it also has no transfer fees at all. That probably makes this the only cash back card with such an offer.

The EveryDay card has no annual fee, and has the potential to be pretty rewarding:

  • 2X Membership Rewards points per dollar:
    • at U.S. supermarkets (up to $6,000 in purchases per year, then 1 point per dollar)
    • at the Amex Travel website
  • 1X Membership Rewards point per dollar on all other purchases
  • A 20% point bonus if you make at least 20 purchases in a billing period
  • Introductory bonus: 10,000 points for spending $1,000 on purchases in the first 3 months after account opening

So if you use this card enough in a billing period (roughly a month’s time) you’ll get a nice bonus on your points. If you get that bonus it will mean you’ll effectively earn 2.4X points and 1.2X points in each category.

When you go to redeem those points you can get the equivalent of up to 2.4% cash back, depending on how you earned them and the method you pick to redeem them. You can also transfer those points to a variety of frequent traveler programs, where you could get more back for them: in some cases the equivalent of 3% back or more.

This card is a great option if you need to transfer a balance. Even if you only want it for the transfer and not the rewards, you’ll have it available just in case. Many people might find it tough to meet that 20-purchase threshold, so a different rewards card for earning more points or cash back for groceries might be needed as well.


We’ve grouped these two alternatives together because they’re very similar. The Discover it® Cash Back Credit Card (Review) and the Chase Freedom® (Review) both are pretty good balance transfer cards, and they both have the same kind of rewards program.

The main details of these cards are:

Annual Fee Intro APR Balance Transfer Fee Regular APR Rewards Signup Bonus
Discover it $0 0% for 14 months on purchases and balance transfers 3% 14.24%–25.24% Variable 5% cash back rotating categories Double all cash back earned in the first year
Chase Freedom $0 0% Intro APR on Purchases for 15 months on purchases and balance transfers 3% intro when you transfer during the first 60 days of account opening, with a minimum of $5. Thereafter 5% of the amount of each transfer. 17.24% - 25.99% Variable 5% cash back rotating categories $150 bonus after spending $500 within the first 3 months

So the terms and balance transfer offers are almost identical between these cards. Compare them to the Chase Slate, at 15 months. Each of these cards will also charge a transfer fee, which will be higher than what you’ll get with the Chase Slate’s intro offer.

But if you want to earn rewards, these cards have the Slate beat easily. You’ll get 5% back on a variety of purchases, in categories that rotate every 3 months. The Discover and Chase cards have some overlapping categories, but there are some differences between them as well.

Some of Discover’s 2019 categories are gas stations, grocery stores, and Chase has also included gas stations and grocery stores in the past, along with restaurants, wholesale clubs, and “holiday shopping.”

Both cards have strong signup bonuses. But Discover’s Cashback Match in the first year means you’ll be earning 10% back in those categories, and that’s hard to compete with. That’s one of the better cash back deals available on any credit card.

These cards have similar extra benefits. They mostly consist of basic shopping and travel protections, like the Slate has. But the Chase Freedom also has access to a shopping portal: Chase Ultimate Rewards. These program offer more ways to earn points and get discounts at certain retailers.

These cards will charge more for a balance transfer, though they also offer quite a bit of value in their cash back. If you’re looking for a card only for balance transfers, the Slate will probably be a better option. It would also make it easier to separate your spending.


The Citi Simplicity® Card - No Late Fees Ever (Review) is quite simple, like the Chase Slate. It has no rewards, and no annual fee.

Instead, this card’s specialty is paying off large balances over time. It has a 0% intro APR for balance transfers for 21 months, and a 0% intro APR for 12 months for purchases. After that you’ll get a regular rate of 16.74% - 26.74%* (Variable).

You’ll pay a balance transfer fee with the Simplicity, unlike the Slate’s $0 fee (as long as you use the Slate’s offer within the first 60 days). The Simplicity card also allows you to use its offer for 4 months after opening the account.

The Simplicity has no penalty APR, like the Slate, and it also has no late fees.

The extra benefits are pretty much the same between these two cards. They both have some basic shopping and travel protections.

Other than that, there’s not much to compare between the cards. The main differences are that the Simplicity has a slightly longer introductory period, but it also has a higher transfer fee.


The Citi® Diamond Preferred® Card (Review) is another very bare-bones card, without an annual fee or any rewards.

Like the other options here, this credit card offers the same intro period for both purchases and balance transfers: 0% for 18 months.

You’ll pay a transfer fee of 5% with the Diamond Preferred, more than what you’ll be charged during the intro period of the Slate card. But you’ll also have 4 months after opening your account to take advantage of the Diamond Preferred’s balance transfer offer, compared to just 60 days with the Slate.

The extra benefits are pretty much the same between both cards. But the Diamond Preferred comes with the Citi Private Pass service, which is a moderately useful benefit that provides presale and VIP tickets to various live events.

The Diamond Preferred comes with an intro balance transfer period that’s longer than the Chase Slate, but it has the transfer fee. Fortunately, the intro period for purchases is also slightly longer, which adds some appeal. So you’ll have to do a bit of math and calculate your payments over time to figure out which card would help you save more money.


The Barclaycard Ring Mastercard is not currently available for new applicants.

The Barclaycard Ring Mastercard (Review) is quite different than the other cards on this list. It has no annual fee, and doesn’t really offer any rewards in a significant way.

The thing that makes this card different is that the community of cardholders can take an active role in designing the card. Barclaycard will update the card terms as the community proposes changes and votes on them, and many of these votes have happened.

Currently, the card does not come with an intro offer for balance transfers or purchases. But we included it here because it does have a very low APR of 13.74% Variable, which people tend to use to revolve a balance from month to month. Some people will transfer a balance to this card for that purpose. And there are no balance transfer fees with this card.

We don’t usually recommend carrying a balance from month to month with credit cards unless you have a 0% APR. You’ll accrue interest and it won’t be very good for your credit. If you want to transfer a balance it would usually be better to use a card with a 0% rate, like the Chase Slate or any of the other cards mentioned above.

There are some other reasons to use the Ring card, however, like the experience of taking some control over the card terms. It also has no foreign transaction fees, and comes with both Chip-and-PIN and Chip-and-Signature EMV technology. So if you’re traveling outside the U.S. this card is a good spending option because it will have broad acceptance.


Not the right card for you? Check out our picks for other great similar cards in the Best Balance Transfer Credit Cards.

Was this review helpful to you? Go ahead and share it with a friend! And if you use the Chase Slate credit card click here to leave a review, we’d love to hear from you!

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