Chase Slate Credit Card Review 2020 – Benefits, Features, Highlights – Free Balance Transfer Credit Card – Today we are going to review chase slate credit card which is one amongest best balance transfer credit card. This card accompanies a 0 percent introductory APR for 15 months on buys and balance transfer. You can transfer your balance from high accruing interest credit card to this card and pay off without worrying about interest charges.
Chase slate card is one of the best balance transfer credit card because it helps you to get out of debt by completely avoiding fees and finance charges.
Make sure to transfer your balance within 60 days of account opening, as there is no balance transfer fee for that period. This feature is very rare in credit card market. Usually, you end up paying 3-5 percent balance transfer fees on other credit cards.
Benefits of Chase Slate Credit Card 2020
- Helps you to get out of credit card debt
- Free Balance Transfer, if transaction done in initial 60 days
- No interest payment on transferred balance for 15 months.
- 0 % Introductory APR – No Interest on new purchases also for first 15 months
- Monitor your VantageScore 3.0 credit score, based on your TransUnion Credit Report.
- Free Doordash Membership for 3 months, after that 50 percent discount on membership for following 9 month
- No Annual Fees
Chase Slate Credit Card Review 2020
Is it a Good Credit Card Balance Transfers?
Yes, Chase Slate Credit card is recommended for individuals looking to transfer a large sum. As other cards like City Simplicity Card – No Late Fee Ever or Citi Diamond Preferred Card offer longer introductory APR periods, these cards also take cardholder fees for balance transfer over to them. But chase slate eliminated the fees for initial 60 days period.
Chase Slate Credit Card is good option, if you are looking for huge short term savings.
The card is very good for –
- No balance transfer fee on balance transferred within initial 60 days of account opening
- Purchase and Price Protection – extra benefits for customers looking to save funds
But it is bad for –
- Short Intro APR period
Chase Slate Review 2020 Highlights
Free Balance Transfer
Along with 0% interest for first 15 months on transferred debt, you also enjoy free balance transfer, if you complete the transaction within 60 days of account opening. If you fail to do, you end up paying 5 percent on the amount you transfer. There is no annual fees.
No Interest Charge for 15 months
The new purchases are also covered under 0% interest for 15 month offer. So if you use Chase slate card for purchase, no need to worry about interest payment for first 15 months, provided that you make minimum payment on time.
But don’t use this to overspend, as high regular rates will increase the cost of any balance that you don’t
Good Credit Score Requirement
To get approval for chase slate credit card, a good credit score is required. So only those individual having good or excellent creditworthiness will enjoy free balance transfer offer by Chase Slate Credit Card. So, it is recommended to always check your credit score before submitting your application.
The chase slate card is a no reward card. You will not earn any reward like cashback, miles for using this card. But you can use a different card for rewards on everyday purchases.
You can use chase slate to get you out of debt from high interest card. So it is not bad to own chase card for free balance transfer, reward may be neglected.