The Chase Slate Edge Card is a card designed to help individuals build their credit. It has several features that can assist in this process, such as no annual fee and an introductory rate of 0% on both balance transfers and purchases for the first fifteen months. This article will review these features along with other benefits and drawbacks of using the Chase Slate Edge Card.
The main advantages of the Chase Slate Edge Card include its ability to provide users with access to more favorable terms when it comes to borrowing money from lenders, allowing them to save money through lower interest rates and better repayment options. Additionally, there are no fees for foreign transactions or cash advances, making it easier for customers who travel frequently or need additional funds quickly. Furthermore, the card also offers up to $600 worth of purchase protection against any unauthorized charges made on the account.
Finally, one should consider potential disadvantages before opting into a long-term agreement with the Chase Slate Edge Card. These may include higher than average APR rates after the initial 15 month period ends and limited reward programs compared to some other major cards on the market today. However, these factors should be carefully weighed against each individual’s financial goals before deciding if applying for this particular card is right for them.
Overview Of Chase Slate Edge Card
The Chase Slate Edge Card is a credit card designed to help consumers build and maintain good credit. It offers no annual fee, low interest rates, an introductory balance transfer offer of 0% APR for 15 months on transfers made within 60 days from account opening, plus up to $600 in cell phone protection when you pay your monthly bill with the card. Additionally, there are no foreign transaction fees charged on purchases made abroad. The card also features complimentary access to FICO scores through its online banking platform. Finally, the Chase Slate Edge Card includes fraud coverage and provides users with 24/7 customer service support.
Benefits And Features
The Chase Slate Edge Card is an excellent option for those looking to build their credit. It offers a variety of benefits and features, making it an ideal choice for those seeking the convenience of credit building without breaking the bank.
The card offers no annual fee, as well as 0% introductory APR on balance transfers and purchases made within 60 days of opening the account. This gives users time to pay down balances before interest accrues. Additionally, there are no foreign transaction fees associated with this card, which makes it more appealing to individuals who travel abroad frequently or shop online from other countries. Furthermore, consumers can take advantage of access to free FICO Score 8 updates each month in order to monitor changes in their credit score over time.
Chase also provides additional protection against fraudulent activity with its fraud liability guarantee; if unauthorized charges occur due to lost or stolen cards, consumers will not be responsible for them. Moreover, users have access to 24/7 customer service should any issues arise while using the card. All these features make the Chase Slate Edge Card a great choice for anyone interested in establishing good credit without incurring excessive costs or liabilities along the way.
The Chase Slate Edge Card offers a rewards program for users. This rewards program is designed to incentivize cardholders with points that can be redeemed on future purchases. These points are earned by making standard everyday purchases and can then be used in the form of discounts or cash back when paying bills, buying groceries, traveling, and more.
The amount of points awarded varies depending on the type of purchase. For example, gas station purchases will yield three points per dollar spent; whereas travel-related purchases will earn five points per dollar spent. Additionally, new card holders receive 500 bonus reward points after signing up and making their first purchase within 90 days of opening their account.
In addition to earning rewards via regular spending, cardholders may also take advantage of promotional offers which offer additional bonuses when certain criteria are met. Examples include double point promotions when using your card at certain stores or restaurants during special events or holidays. Furthermore, there are no annual fees associated with this credit card which makes it an attractive option for those looking to build their credit without incurring extra costs along the way.
Fees And Charges
The Chase Slate Edge Card is an excellent choice for those looking to build credit. The card has a low annual fee of $0 and no foreign transaction fees, making it ideal for international travel. Additionally, the introductory APR period is 0% on balance transfers made within 60 days of opening the account. This makes it easier to manage debt while building one’s credit score without incurring additional costs.
There are various other charges associated with this card as well:
- Cash Advance Fee: 3%, minimum of $5;
- Late Payment Fee: Up to $40;
- Returned Payment Fee: Up to $40; and
- Over-the-Credit Limit Fee: None
Overall, the Chase Slate Edge Card offers competitive rates and terms that make it easy to manage debt and establish good credit over time. With its low fees and no foreign transaction charges, this card offers great value for those looking to improve their financial standing in the long term.
The Chase Slate Edge card is designed to help those who are looking to build their credit. As such, the eligibility requirements for this card differ from other products offered by Chase Bank. To be eligible for the Chase Slate Edge Card, applicants must have a minimum of fair credit and an annual income greater than $15,000. Applicants should also not have any recent delinquencies on their credit report or have recently filed for bankruptcy.
In addition, all applicants will need to provide documentation of identity verification as well as proof of residence. This includes a valid driver’s license or passport and two forms of utility bills no older than three months old. It is important that all information provided is accurate in order to ensure approval for the card.
Pros And Cons
The Chase Slate Edge card is a good option for those who are looking to build their credit. It offers various benefits, such as no annual fee and 0% introductory APR on balance transfers and purchases for 15 months. Below is a table that provides an overview of the key pros and cons:
|No Annual Fee||3% Balance Transfer Fee 0% Introductory APR|
|Low Rewards Program Generous Credit Limit||High Interest Rates after Intro Period Easy Application Process|
|Potential Cash Advance Fees|
Overall, the Chase Slate Edge Card has some great features that make it a desirable choice for those seeking to boost their credit score. The zero percent introductory rate is particularly attractive given its length of fifteen months, allowing users time to pay off any balances before interest rates kick in. Additionally, there’s no annual fee which makes it more affordable than other cards with similar offerings.
On the downside, there’s a three percent balance transfer fee if you choose to use this feature along with a low rewards program compared to others available. Additionally, once the intro period expires, interest rates can be high making it difficult to manage your debt responsibly. Furthermore, cash advance fees may apply when using this card at ATMs or convenience stores so caution should be exercised when doing so.
In summary, the Chase Slate Edge Card offers several advantages for those who want to improve their credit rating but potential drawbacks should also be taken into consideration depending on individual circumstances.
The Chase Slate Edge Card is a great credit card option for those looking to build their credit. It offers excellent benefits and features such as no annual fee, 0% introductory APR on purchases and balance transfers for 15 months, access to fraud protection, and a rewards program that allows users to earn points on all eligible purchases. Additionally, the fees and charges associated with this card are reasonable and competitive when compared to other cards in its class.
Furthermore, applicants must meet certain eligibility requirements in order to qualify for the card. These include having good or excellent credit scores, an active bank account in good standing, proof of income and employment history, as well as being at least 18 years old if applying from within the U.S., or 19 years old if applying from outside of it.