Chase Slate Edge℠ Review [2024]: A Middle-of-the-Road Balance Transfer Option

As a rule, it’s best to always pay off your credit card statement every billing cycle to avoid accruing interest. But every rule has exceptions, and if you know you’ll need to carry a balance — whether to cover a large purchase you plan to pay off over time or repay a balance on another card you’re struggling to pay down — opening a card with a low intro annual percentage rate (APR) on balance transfers and purchases could be the right move.

The Chase Slate Edge℠ is one such card. It even offers the chance to lower the regular interest rate every year beyond the intro period, which is unusual for even the best balance transfer cards. But with a relatively short intro APR period and a couple other marks against it, there are better cards out there.

Card basics

Who should get the Chase Slate Edge?

Balance transfer credit cards are useful if you want to avoid paying high interest rates on a balance you’ve built up on a different card. By transferring that balance to the Slate Edge, you could take advantage of its 0% introductory APR on balance transfers for 18 months (then 19.74% to 28.49% Variable).

But note that if you plan to use this card for a balance transfer, you must pay a balance transfer fee of $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days, then $5 or 5%, which is average for most cards.

Any spending you do on the card also qualifies for an intro APR offer. Specifically, you could get a 0% introductory APR on purchases for 18 months (then 19.74% to 28.49% Variable).

However, if you won’t be able to pay off your balance within the intro APR period, you’ll end up paying the regular rate on whatever remains. Although to its credit (pun wholly intended), the Chase Slate Edge offers an ongoing APR reduction perk that could help you earn a lower regular interest rate on your balance beyond the intro period.

Chase Slate Edge benefits

The Slate Edge doesn’t earn rewards such as cash back, points, or miles, and its primary benefits — aside from the intro APR — have to do with savings and credit.

• Intro APR: Receive a 0% intro APR on purchases for 18 months (then 19.74% to 28.49% Variable) and a 0% intro APR on balance transfers for 18 months (then 19.74% to 28.49% Variable). Just be aware that your remaining balance will be subject to the regular APR once the intro period ends.
• No annual fee: The Slate Edge has a $0 annual fee, so you could use the card to manage your debt without having to pay for the opportunity to do so.
• APR reduction: If you make payments on time and spend at least $1,000 on the card before your account anniversary, you’ll receive automatic consideration for a 2% APR reduction, not just for the first year, but for each year you hold the card. The lowest possible APR because of this reduction is the Prime Rate plus 9.74%. However, it would be wise to avoid carrying a balance beyond the intro period anyway, so this perk could be moot.
• Credit line increase: You’ll receive an automatic review for a credit limit increase when you pay on time and spend $500 in your first six months from account opening — this perk is a one-and-done deal, though.
• DoorDash DashPass membership: The Slate Edge is one of a suite of Chase cards that qualifies cardholders for three months of free DashPass membership (activate by 1/31/25). After that initial deal, cardholders are automatically enrolled for ongoing membership at a 50% discount for the next nine months. If you don’t order in often, though, you’ll want to be sure you cancel before the free membership expires.

Additional perks

• Purchase protection: Receive coverage against damage or theft for 120 days on new purchases. Get up to $500 per eligible claim and up to $50,000 per account.
• Extended warranty: Eligible warranties on items you purchase with this card are extended by an additional year. This only applies to U.S. manufacturers offering warranties of three years or less.
• Auto rental collision damage waiver: The Slate Edge provides cardholders secondary coverage on eligible car rentals against theft and collision damage.
• Chase Credit Journey: This isn’t a particularly noteworthy perk. In fact, you don’t even need a Chase account to use the service, but it does get you access to your credit score for free, and if you’re at a place where you’re using a balance transfer card like this, it’s a good idea to keep an eye on your credit score as you work to pay down your debt.

What we don't like about the Chase Slate Edge

• No earning potential: Like many balance transfer cards, the Slate Edge doesn’t offer any rewards or earning potential. Its primary value is in its intro APR offer. If you’re planning to use the card to make a large purchase, keep in mind that you’d be missing out on cash back or points you could get by purchasing with a different card.
• Short intro APR period: The Slate Edge falls on the shorter side with an intro APR period of 18 months for balance transfers, while many of the best balance transfer credit cards provide more time, typically maxing out at 21 months.
• Foreign transaction fee: This card wouldn’t be ideal for making foreign purchases since it carries a 3% of each transaction in U.S. dollars foreign transaction fee. For better options, potentially without this fee, consider one of the best travel credit cards.

FAQs

Other cards to consider

The Chase Slate Edge has some, but not many, appealing benefits beyond its intro APR deal, which itself is not quite as good as the intro offers you could get with other similar cards. For other options, consider the Citi Simplicity^® Card and Citi Double Cash^® Card.

Chase Slate Edge℠ vs. Citi Simplicity^® Card

The Citi Simplicity is optimized for balance transfers. Like the Slate Edge, it doesn’t earn any rewards, but it offers cardmembers a 0% intro APR on purchases for 12 months (then 18.49% - 29.24% (Variable)) and a 0% intro APR on balance transfers for 21 months (then 18.49% - 29.24% (Variable)).

Opting for this card would give you a few months to pay your balance before interest kicks in.

Learn more in our Citi Simplicity Card review.

Chase Slate Edge℠ vs. Citi Double Cash^® Card

The Citi Double Cash Card is one of the best cashback credit cards because it offers 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases; plus, a special travel offer, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25. 

That puts it ahead of the Slate Edge on the earning front, but the Citi Double Cash doesn’t have a 0% intro APR for purchases, only balance transfers, so it wouldn’t be the card you’d want if you’re looking to finance a large purchase.

The Double Cash Card currently offers 0% intro APR on balance transfers for 18 months (then 18.49% - 28.49% (Variable)).

Learn more in our Citi Double Cash Card review.

Chase Slate Edge℠ vs. Chase Freedom Unlimited^®

If you want to stick with a Chase card, consider the Chase Freedom Unlimited^® over the Slate Edge.

Both cards provide intro APR offers, but the Chase Freedom Unlimited also features a welcome offer and opportunities to earn valuable cash back on everyday expenses, such as restaurant and drugstore purchases. It’s a flat-rate cash back card ideal for beginners and anyone who doesn’t want to keep track of bonus categories.

Learn more in our Chase Freedom Unlimited review.

Save Money on Interest With a 0% Intro APR

Chase Slate Edge℠

5.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Chase Slate Edge℠

5.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Why We Like It

0% Intro APR for 18 months from account opening on purchases and balance transfers, after which a variable APR of 19.74% to 28.49% applies

See how these cards compare:

Citi Simplicity® Card

• $0 annual fee.
• 0% intro APR on purchases for 12 months, then 18.49% - 29.24% (Variable) APR
• Includes access to Citi Entertainment, which offers exclusive presales.
• Rates and fees

Citi Double Cash® Card

• Simple flat-rate cash back on all your purchases
• 0% intro APR on balance transfers for 18 months, then 18.49% - 28.49% (Variable) APR
• No annual fee
• Rates and fees

Bottom line

The Chase Slate Edge℠ could help you avoid paying interest for a year and a half thanks to its intro APR period on balance transfers and purchases. With a $0 annual fee and the potential for an APR reduction, this card offers a straightforward way to manage existing credit card debt or finance big purchases.

However, its introductory period isn’t as lengthy as some other credit cards, and it doesn’t offer the opportunity to earn points or cash back on purchases. If the Chase Slate Edge doesn’t feel like the right option, explore the best 0% intro APR credit cards and best rewards credit cards.

Unlimited Cash Back

Chase Freedom Unlimited^®

4.7

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Chase Freedom Unlimited^®

Apply Now

Current Offer

Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.

Annual Fee

$0

Rewards Rate

6.5% cash back on travel purchased through Chase Travel℠, 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and 3% cash back on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, earn 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and unlimited 1.5% cash back on all other purchases

Benefits and Drawbacks

Benefits

• High base rewards rate of 1.5%
• $0 annual fee
• Valuable welcome bonus for new cardholders
• Intro APR offers for purchases and balance transfers

Drawbacks

• Has a foreign transaction fee of 3% of each transaction in U.S. dollars
• No bonus categories for gas or groceries

Card Details

• INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
• Enjoy 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
• After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
• No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
• Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.74% - 28.49%.
• No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
• Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
• Member FDIC