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Insider’s professionals make a choice the most productive services and products to help in making sensible selections together with your cash (right here’s how). In some circumstances, we obtain a fee from our our companions, then again, our evaluations are our personal. Terms follow to gives indexed in this web page.

If incomes rewards to your spending is a most sensible precedence, the Chase Slate Edge℠ is not the cardboard for you. But if you are on the lookout for a protracted 0% APR on purchases and stability transfers as a part of a plan to get your monetary area so as, the cardboard is value a glance.


Regular APR


16.49% – 25.24% Variable


Recommended Credit Score


Good to Excellent


Regular APR


16.49% – 25.24% Variable


Recommended Credit Score


Good to Excellent

Pros

  • 0% introductory APR on purchases and stability transfers for the primary 18 months
  • No annual rate
  • Potential for automated attention for credit score prohibit will increase and buy APR discounts

Cons

  • Card doesn’t earn rewards past the welcome bonus
  • Other playing cards have longer 0% APR gives
  • Consideration for acquire APR relief and credit score line building up calls for assembly a minimal spending requirement and on-time bills

More Information

  • Start off robust with 0% Intro APR for 18 months from account opening on purchases and stability transfers. A variable APR of 16.49% – 25.24% on stability transfers and purchases after the introductory length ends.
  • Lower your rate of interest by way of 2% each and every yr. Automatically be regarded as for an APR relief while you pay on time, and spend no less than $1000 to your card by way of your subsequent account anniversary.
  • Raise your credit score prohibit. Get an automated, one-time evaluation for a better credit score prohibit while you pay on time, and spend $500 to your first six months.
  • All for no annual rate – You may not must pay an annual rate for all of the nice options that include your Slate Edge℠ card
  • Keep tabs to your credit score well being – Chase Credit Journey is helping you track your credit score with loose get right of entry to for your newest rating, real-time indicators, and extra

Review: Is the Chase Slate Edge the most productive bank card for you?

When the Chase Slate Edge℠ was once rolled out in 2021 instead for the discontinued Chase Slate®
, it did not truly make a lot of a dash. At the time, it got here with a small money welcome bonus, no ongoing rewards, and an average-at-best intro APR be offering.

The welcome bonus be offering is now not to be had. What’s stepped forward, even though, is the introductory 0% APR, which is now one of the crucial longer gives available on the market. New cardholders obtain a nil% intro APR on purchases and stability transfers for 18 months from account opening, adopted by way of a 16.49% – 25.24% Variable APR.

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But even then, there are many playing cards to be had that do earn rewards and include an intro APR that approaches or suits the be offering at the Chase Slate Edge℠. For instance, the Chase Freedom Unlimited® earns no less than 1.5% money again (1.5 issues in step with buck) and is derived with a nil% intro APR on purchases and stability transfers for the primary 15 months (then a 16.49% – 25.24% Variable APR). 

It would possibly appear extraordinary to open the Chase Slate Edge℠ when there are reputedly higher possible choices to be had, however there are a few different causes you could imagine the cardboard. Firstly, Chase will routinely evaluation you for a better credit score prohibit if you’re making your bills on time and spend $500 to your first six months of account opening. 

Secondly, if you happen to spend no less than $1,000 on purchases within the earlier anniversary yr, you can be regarded as for a 2% APR relief each and every account anniversary, however handiest as much as sure limits (extra on that later). That’s a singular function you do not in finding on different playing cards, and might be to hand for individuals who generally tend to hold a stability on their bank card.

However, if you have already got established credit score, opening a nil% APR card that still earns rewards from our record of perfect low-interest bank cards is almost definitely a greater deal.

We’re targeted right here at the rewards and perks that include each and every card. These playing cards may not be value it if you are paying curiosity or overdue charges. When the use of a bank card, you must pay your stability in complete each and every month, make bills on time, and handiest spend what you’ll manage to pay for to pay.

The Chase Slate Edge does not earn rewards

The greatest downside of the Chase Slate Edge℠ is the truth that you will not earn a welcome bonus be offering or rewards for spending. The handiest genuine incentive to make use of the cardboard is its intro APR and the handful of different advantages and contours it gives.

Chase Slate Edge bank card advantages and contours

Introductory 0% APR

While the Chase Slate Edge℠ does not have the longest intro APR on purchases and stability transfers available on the market presently, the 0% intro APR on purchases and stability transfers for 18 months from account opening (then a 16.49% – 25.24% Variable APR) is a decent be offering.

If you have got massive purchases bobbing up that you need to pay for over an extended time frame with out incurring curiosity, or you need to consolidate balances from different high-interest bank cards, this deal may prevent cash. Just you should definitely be capable of repay your complete stability earlier than the introductory APR length is over, differently, you can find your self in much more debt.

Keep in thoughts you’ll’t use this stability switch be offering to repay different bank cards or loans issued by way of Chase.

Automatic evaluation for a better credit score prohibit

If you are operating on construction your credit score, the Chase Slate Edge℠ may provide you with a little bit of a leg up. You’ll obtain an automated, one-time evaluation for a better credit score prohibit if you happen to’ve paid on time and spent no less than $500 to your first six months of opening the cardboard.

Having a better credit score prohibit may probably beef up your credit score rating as a result of it is going to building up your general quantity of to be had credit score. This can beef up your credit score usage ratio (if you are no longer wearing a excessive stability), and usage is a significant factor in figuring out your credit score rating.

It would possibly sound extraordinary, however opening and the use of a bank card responsibly is in reality a good way to construct credit score and spice up your credit score rating over the longer term. 

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APR relief of two% each and every yr

Carrying a stability to your bank card is not a good suggestion as a result of you can finally end up paying curiosity, however it is every now and then unavoidable because of surprising monetary pressure. The Chase Slate Edge℠ comes with an ordinary function that may assist scale back the quantity of curiosity you can pay — however provided that you employ the cardboard and pay your expenses on time.

On each account anniversary, you can be regarded as for a 2% APR relief, so long as you will have paid your card on time and spent no less than $1,000 on purchases within the earlier anniversary yr. The relief is capped  — it is going to handiest be decreased till your APR reaches the Prime Rate plus 9.74% (lately 14.49% variable APR in response to the Prime Rate of four.75% as of June 22, 2022).

If you end up within the place of desiring to hold a big stability month to month, this get advantages may prevent cash — but it surely handiest begins after a yr of getting (and the use of) the cardboard. 

Purchase coverage

When you employ the Chase Slate Edge℠ to pay for an eligible merchandise, you can obtain coverage in opposition to injury or robbery inside of 120 days of acquire. Coverage is as much as $500 in step with declare and $50,000 in step with account.

Extended guaranty

The Chase Slate Edge℠ gives a longer guaranty get advantages on qualifying pieces, extending the time frame of a US producer’s guaranty (of 3 years or much less) by way of an extra yr.

Car apartment insurance coverage

If you pay to your apartment in complete with the Chase Slate Edge℠ and decline the apartment corporate’s collision injury waiver, you are eligible for robbery and collision injury protection for many automobiles in the USA and in another country. Coverage is secondary for your personal private insurance coverage in the USA, and number one insurance coverage differently.

Roadside dispatch

Chase Slate Edge℠ cardholders have get right of entry to to a 24/7 roadside dispatch hotline which will assist organize services and products like towing, winching, or jumpstarting. The dispatch provider itself is loose, however you can be charged for any services and products rendered.

Complimentary DoorDash DashPass club

When you turn on by way of December 31, 2024, you’ll obtain a complimentary 3 months of DashPass, which will get you $0 meals supply charges and decreased provider charges on orders of $12 or extra with DoorDash and Caviar. After that, you can obtain a 50% cut price to your DashPass club for the following 9 months. 

Instacart advantages

Until July 31, 2024, Chase Slate Edge℠ cardholders can turn on a complimentary three-month Instacart+ club, which comes with decreased provider charges and loose supply on orders of $35 or extra. Don’t omit to set a calendar reminder to cancel if you do not plan to stay the club after 3 months, differently your card might be charged for a complete yr ($99) as soon as the three-month trial length expires.


Regular APR


16.49% – 25.24% Variable


Recommended Credit Score


Good to Excellent


Regular APR


16.49% – 25.24% Variable


Recommended Credit Score


Good to Excellent

Pros

  • 0% introductory APR on purchases and stability transfers for the primary 18 months
  • No annual rate
  • Potential for automated attention for credit score prohibit will increase and buy APR discounts

Cons

  • Card doesn’t earn rewards past the welcome bonus
  • Other playing cards have longer 0% APR gives
  • Consideration for acquire APR relief and credit score line building up calls for assembly a minimal spending requirement and on-time bills

More Information

  • Start off robust with 0% Intro APR for 18 months from account opening on purchases and stability transfers. A variable APR of 16.49% – 25.24% on stability transfers and purchases after the introductory length ends.
  • Lower your rate of interest by way of 2% each and every yr. Automatically be regarded as for an APR relief while you pay on time, and spend no less than $1000 to your card by way of your subsequent account anniversary.
  • Raise your credit score prohibit. Get an automated, one-time evaluation for a better credit score prohibit while you pay on time, and spend $500 to your first six months.
  • All for no annual rate – You may not must pay an annual rate for all of the nice options that include your Slate Edge℠ card
  • Keep tabs to your credit score well being – Chase Credit Journey is helping you track your credit score with loose get right of entry to for your newest rating, real-time indicators, and extra
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Chase Slate Edge charges and prices

The Chase Slate Edge℠ has no annual rate, so it is loose to stay for the longer term and probably building up your common age of accounts (and subsequently in all probability assist spice up your credit score rating). However, it is not a just right card to make use of for global purchases, as it provides international transaction charges (3% of the quantity of each and every transaction in US bucks).

Like maximum different playing cards, the Chase Slate Edge℠ fees charges for stability transfers, money advances, overdue bills, and returned bills.

Comparison: Chase Slate Edge vs different Chase playing cards

Chase Slate Edge vs different 0% APR bank cards

Chase Slate Edge card continuously requested questions (FAQ)

Is the Chase Slate Edge a just right bank card?

The Chase Slate Edge℠ is handiest just right for sure sorts of folks — specifically, those that need a lengthy 0% APR be offering. It may also be profitable for individuals who are operating on construction their credit score or who wish to decrease their APR as a result of they regularly raise a stability.

Otherwise, the Chase Slate Edge℠ isn’t the most productive card for many other people, particularly if you wish to earn rewards. There are numerous choices in our information to the most productive rewards bank cards or even rewards-earning playing cards in our most sensible 0% APR and stability switch card guides.

What credit score rating do you wish to have for the Chase Slate Edge card?

Typically, Chase will handiest approve you for the Chase Slate Edge℠ in case you have no less than just right credit score — this is, a FICO rating of no less than 670, or a VantageScore of no less than 700.

If your rating is not in that vary, you can do higher making use of for a card geared to these with truthful or common credit score. There are even bank cards for adverse credit it’s essential imagine as a substitute.

Who is eligible for the Chase Slate Edge?

The Chase Slate Edge℠ is topic to the Chase 5/24 rule, because of this if you happen to’ve opened 5 or extra playing cards (from any financial institution) prior to now 24 months, you will not be licensed for the cardboard.

You additionally don’t seem to be eligible if you have already got a Chase Slate Edge℠, or have gained a welcome bonus be offering from one prior to now 24 months.

Is the Chase Slate Edge a Visa or Mastercard?

The Chase Slate Edge℠ is a Visa card.

Is the Chase Slate Edge fabricated from steel?

Despite its edgy title, the Chase Slate Edge℠ is not in reality fabricated from steel. It’s fabricated from plastic.