Our Verdict
The Chase Slate Edge℠* credit card isn’t edgy enough. The main benefits the card offers are a 0% intro APR for 18 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. An intro transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, applies on transfers made within 60 days of account opening. After that, a fee of either $5 or 5% of the amount of each transfer, whichever is greater applies; the opportunity to receive an automatic one-time review for a higher credit limit after spending $500 and making payments on time for six months and the chance to qualify for up to a 2% APR reduction each year after spending $1,000 and paying on time.
If you need more time to pay off an existing balance, other cards offer longer intro 0% APR timeframes. The card’s benefits may work for some, but we believe there are better cards out there.
Pros
- Introductory APR
- Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
- No annual fee
Cons
- Doesn’t earn rewards
- High balance transfer fee
- High foreign transaction fee
Highlights
- No annual fee
- Low introductory APR offer
- Access to monitor credit score with Chase Credit Journey
- Automatic, one-time account review for a higher credit limit when you pay on time and spend $500 in the first six months
Introduction
One of the primary benefits of the no annual fee Chase Slate Edge℠* credit card is that it offers a 0% intro APR for 18 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. An intro transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, applies on transfers made within 60 days of account opening. After that, a fee of either $5 or 5% of the amount of each transfer, whichever is greater applies.
Two of the card’s more unique benefits are designed to incentivize good credit habits: A credit line review for those who spend $500 and pay all bills on time in the first six months and an opportunity to get a 2% APR reduction each year after spending at least $1,000 and making on-time payments. The card is marketed toward those who want to build better credit, but while a larger credit limit will help lower credit utilization, even a 2% APR reduction can still mean large interest charges for those carrying a balance.
Ultimately, the Chase Slate Edge℠* card is fine. Its primary benefit, a medium-length, low introductory APR period, isn’t revolutionary. The additional benefits, like extended warranty,purchase protections and secondary auto rental coverage are decent perks to have, but other cards offer both rewards and low introductory APR periods of greater length.
Quick Facts
- No annual fee
- 0% intro APR for 18 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. An intro transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, applies on transfers made within 60 days of account opening. After that, a fee of either $5 or 5% of the amount of each transfer, whichever is greater applies
- This card does not offer a welcome bonus
- Get an automatic credit line review after six months of on-time bill paying and spending $500
- Spend at least $1,000 each card membership year and automatically be considered for a 2% APR reduction
- There’s a balance transfer fee
0% Introductory Rates
The Chase Slate Edge℠* card offers a 0% intro APR for 18 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. An intro transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater, applies on transfers made within 60 days of account opening. After that, a fee of either $5 or 5% of the amount of each transfer, whichever is greater applies.
Other Chase Slate Edge Credit Card Benefits
- Purchase protection. Covers new purchases for 120 days, up to $50,000 per account, $500 per claim.
- Auto rental collision damage waiver. Decline collision insurance at the rental car desk and pay with this card instead.
- Extended warranty protection. Extends manufacturer warranties of three years or less on eligible products by one year.
- Zero liability protection. Cardholders aren’t responsible for unauthorized purchases.
- 24/7 fraud monitoring. Around-the-clock fraud monitoring along with text, email and phone alerts.
Fine Print
Interest Rates
- Regular APR: 20.49% - 29.24% Variable
- Purchase intro APR: 0% Intro APR on purchases for 18 months
- Balance transfer intro APR: 0% Intro APR on balance transfers for 18 months
Fees
- Annual fee: $0
- Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater.
- Foreign purchase transaction fee: 3% of each transaction in U.S. dollars
How the Chase Slate Edge Credit Card Stacks Up
Chase Slate Edge℠* vs. Chase Sapphire Preferred® Card
Unlike the Chase Slate Edge℠*, which doesn’t offer rewards, Chase Sapphire Preferred® Card cardholders earn 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases. You’ll also receive a 10% Chase Ultimate Rewards® points bonus on all spending after each year of card membership, all for a $95 annual fee.
The Sapphire Preferred offers 1:1 point transfers to participating airline and hotel programs and offers redemptions for travel through Chase’s travel portal at 1.25 cents per point. This amounts to 25% more than redeeming for cash back—these features allow account holders to leverage points for even more value.
While the Chase Slate Edge℠* does offer an introductory APR period and the Sapphire Preferred does not, it can’t compare in terms of benefits: The Chase Slate Edge℠* offers trip cancellation and interruption, trip delay, luggage delay and rental car coverages, plus it doesn’t charge foreign transaction fees.
Chase Slate Edge℠* vs. Citi Custom Cash® Card
Applicants who prefer rewards may be interested in the Citi Custom Cash® Card. With no annual fee, it earns 5% cash back on purchases in a top eligible spend category up to the first $500 spent each billing cycle, 4% cash back on hotels, car rentals, and attractions booked on Citi Travel℠ portal through 6/30/2025 and 1% cash back on all other purchases. The Citi Custom Cash also offers a welcome bonus of $200 in cash back after spending $1,500 on purchases in the first 6 months of account opening. The bonus points come in the form of 20,000 ThankYou® Points that can be redeemed for $200 cash back.
Though it eschews many of the perks the Chase Slate Edge℠* provides, including purchase protection, extended warranty and auto rental collision damage waivers, the Citi Custom Cash does provide rewards and comes with a 0% introductory APR for 15 months from date of account opening on purchases and from date of first transfer for balance transfers completed within 4 months of account opening. After that, the variable APR will be 19.24% - 29.24%, based on creditworthiness. There is also a balance transfer fee of 5% of each balance transfer; $5 minimum.
Chase Slate Edge℠* vs. Chase Freedom Flex℠
For those with good enough credit to qualify, the Chase Freedom Flex℠ is a smarter pick. The Chase Freedom Flex℠ offers a generous 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. Balance transfer fee of up to 5% (min. $5) of the amount of each transfer applies. It also earns 5% cash back on up to $1,500 in combined purchases in categories that rotate quarterly (requires activation), 5% cash back on travel purchased through Chase Travel℠, 3% cash back on dining and drugstores and 1% cash back on all other purchases.
The Flex also comes with valuable benefits you won’t find on the Slate Edge like cellphone protection and trip cancellation and interruption insurance.
Evaluate Credit Cards Side By Side
Compare Chase Slate Edge With Other Cards
Is the Chase Slate Edge Credit Card for You?
The Chase Slate Edge℠* card offers a low introductory APR for those whose credit isn’t quite high enough to get a card with a longer term.
The annual if-you-qualify benefit of an up to 2% reduction in APR could be helpful for those who regularly carry balances, but it won’t stop the interest charges from piling up. Bottom line: There are better options.
Methodology
Forbes Advisor considers a variety of criteria when assigning credit cards a rating. Cards are graded based on numerous factors including:
- Annual fees
- Welcome bonus offers
- Ongoing earning rates
- Value of individual points or miles
- Included travel or merchant credits
- Additional cardholder benefits
Card features we expect cardholders to use the most often are weighted more heavily in our ratings. Altogether, the factors came together to provide a star rating for each individual card.
Read more. How Forbes Advisor Rates Credit Cards
Frequently Asked Questions (FAQs)
What credit score is needed for the Chase Slate Edge card?
No one score will guarantee approval for any credit card, but Chase’s premium credit cards often require good to excellent credit scores (a FICO Score of 670-plus is considered good). The higher your score and the better your credit profile, the more likely you are to be approved.
What is the minimum credit limit for Chase Slate?
If approved, the minimum credit limit granted for the Chase Slate Edge℠* is $500. Depending on your creditworthiness, your limit may be higher.
How do I activate the Chase Slate card?
You should receive your new card within seven to 10 days of approval. To activate it, call the number on the card or log on to the site printed on the sticker pasted on the card.
What is the Chase 5/24 rule and how does it work?
Those who have received opened more than five credit cards in the past 24 months will receive an automatic denial from Chase. This is known as the Chase 5/24 rule and is meant to prevent the repeated acquisition of bonus offers on Chase cards.
*The information for the following card(s) has been collected independently by Forbes Advisor: Chase Slate Edge℠. The card details on this page have not been reviewed or provided by the card issuer.
