Chase Slate Card Review

Posted by CreditCardGuru

Is the Chase Slate card a good balance transfer option? Absolutely. But like all cards there are pros and cons. Read this review before you decide to take the plunge in order to make an informed choice.

Chase Slate cardWhen Chase launched this card a few years ago they tried to make it different, both in terms of features and design. The first thing you notice is that the card has a vertical design, rotated 90 degrees from the typical horizontal orientation of the standard credit card. This is kind of a cool feature that many people like. There is only one other credit card that uses this design – the BuyPower Card from Capital One. The other unique feature of the card is that it offers an initial period where there are absolutely no transfer fees. That’s a big deal, especially since card issuers have now removed the fee caps that used to mitigate the pain when transferring large balances.

Get 0% for 15 months AND the $0 transfer fee

What are the advantages?

  • Flexible Credit Requirements – The vast majority of Chase credit cards have very stringent credit score requirements. Their reward cards like the Freedom and Sapphire require excellent credit and a high FICO credit score to qualify. Fortunately, the Slate card from Chase has somewhat relaxed requirements… instead of just “excellent” credit, they also advertise this one for those with “good” credit. So this is probably the easiest Chase card to qualify for compared to their other rewards based products like Sapphire.
  • Chase Blueprint – This is a really useful feature that is discussed and displayed on the Slate commercials. The Chase Slate with Blueprint is an advanced budgeting tool which helps you save money on interest and stick to your goals of paying down balances faster:Chase Blueprint overview
    As a Slate cardmember, this benefit is completely free for you. According to Chase, customers who set up and stick to their “Split It” or “Finish It” Blueprint plan tend to pay off their balance 2x faster when compared to their other cardholders. That can save consumers quite a bit of money over time – so definitely take advantage of this innovative tool to help reach your goal of becoming debt free, faster.
  • Reasonable Interest Rates – As I’m sure you know, reward credit cards usually have high interest rates (because they have to subsidize the cost of the rewards, right?). Well since the Chase Slate credit card is designed for those with a balance, they skipped the rewards program (and to be honest, if you’re trying to get out of debt, having a rewards card can be extremely counterproductive) and instead focus on giving better APRs. As I write this review, the interest rate is 12.99 percent, 17.99 percent or 22.99 percent (variable) depending on your credit. Of course I’m not claiming the high end is “low” but if you have good credit and get the 12.99 percent tier, that is probably lower than what you would be paying on many reward cards.
  • Initial $0 Balance Transfer Fee – Back before the Great Recession, it was possible to find balance transfer credit cards with no balance transfer fee. Unfortunately those disappeared and haven’t returned in force since. It’s also unlikely we will see a lot of them again, because the credit card reform (CARD Act) has cut into the industry’s profits and in turn, fees are more common in banking these days. This card normally charges a balance transfer fee of 3 percent which is a lot better than the 5 percent you find on a lot of other cards. But, if you act quickly there is a $0 balance transfer fee promotional offer available in the links within this review. This might not be around for too long so act quickly if you’re in the market to transfer a balance. This is the only card in the market offering this money-saving fee-free transfer feature
  • Zero Percent Offers – Of course, when you’re trying to pay down a balance, having a zero percent APR can help tremendously. The Chase Slate balance transfer offers are among the best on the market (scroll down to see the current offer).
  • No Annual Fee – This is a common benefit these days, but still worth pointing out.

What are the disadvantages?

  • No Rewards Program – Really the only disadvantage I can think of when it comes to this card is the fact that there is no rewards program. But that makes sense, as the card is designed for people carrying a balance from month to month. People who consistently carry balances are much better off avoiding a rewards card altogether because those tend to induce much more spending and carry slightly higher interest rates. So, if you have excellent credit and pay your bill in full each and every month, you would be better off with their Freedom. However, Chase Slate probably makes more sense if you need to transfer a balance and keep a lid on future spending until you get your head above water.

Should you apply?

If you will be using this card to pay down a balance, then yes, it’s a good deal. Right now using our sponsored promotion below, you can apply and get all of the following:

  • 0% for 15 months on balance transfers
  • 0% for 15 months on purchases
  • $0 balance transfer fee (for transfers made within 60 days)

There are a couple transfer offers out there that are a little longer (18 months) but they all charge a 3 percent to 5 percent fee on your transferred amount. So, if you transferred $5,000 you might pay $150 (3 percent) to $250 (5%) upfront just to do the transfer. Heading into Q3 2014, this is the only nationally advertised deal with no transfer fee. That makes the Chase Slate card the go-to offer if you need to transfer a balance in 2014.

This review was written or last updated July 11, 2014


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Editorial Disclosure: The editorial content on this page is not provided by any bank, credit card issuer, airline or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

146 comments... read them below or add your own

  1. confused November 15, 2014 at 8:07PM

    I applied for the slate and put in to transfer three other card balances totaling $8100.00. It immediately came back that I was approved and said credit line was $800.00. I was a little thrown back by that and am wondering if that may be what the line is after the 8100 balance transfer. Probably wishful thinking haha

  2. Carmine November 8, 2014 at 4:36PM

    I was very mislead. I signed up for this card specifically for the $0 balance transfer fee. I spoke with a live representative on the phone to set up the balance transfer. I told them that I wanted to transfer a balance from my business line of credit with my other bank to the card. I specifically informed them that this was a business line of credit and not just a credit card. I asked if this was ok and they said it would work. So I waited and waited and I never saw my balance transfer. I called Chase to ask what the status was and THEN they tell me that they denied the transfer because it was a business line of credit. So this is totally messed up. I was pretty much lied to. There is nothing in writing about this policy of theirs when you sign up, and even the representative on the phone didn’t say anything. I tried speaking to a manager and explain how unfair this all was. And he just told me it was a “business decision” to decline the transfer and they outright refused to tell me why it had to be that way. They just will not care. I’m just one guy and they are huge. I make no difference to them. So I guess I’ll find a plan B and figure something out. But I will certainly never give them any of my business again and I strongly encourage that you do not either. I would only expect them to pull something like this again.

  3. Sam October 31, 2014 at 12:10PM

    This chase slate was not useful to me and I closed this account. I had credit limit of $50000 on this account, but got following response from chase that I could not get that limit balance transferred into a checking account for use. I could get only $15000 of it balance transferred into another credit card.

    Upon review of your account, I see that you do have an
    introductory offer available, however, the option to
    transfer funds from your Slate credit card account to your
    bank’s checking account is not available. I regret, we are
    unable to process your request. Also, if the option was
    available, there is a cap of $5000.00, because there is a
    limit of one ACH transaction up to $5,000 in per Chase
    account within a 90 day timeframe.

    The maximum amount that you can transfer as per your
    current available credit as of today is $15,000.00. The
    total balance transfer request(s) made online and / or
    with a Customer Service Specialist cannot exceed $15,000
    within any 30 day period.

    • tom December 15, 2014 at 3:26PM

      how did you get 50k limit, thats huge. There are better ways to get it to bank account without just transferring it.

      Write a check on another card then pay that off with the slate card.

  4. Dflowen October 30, 2014 at 12:12PM

    I don’t like the interest rate on my slate…. I noticed that Chase increased my credit line frim $3000 to $6000. It was a nice surprise that I got an automatic increase, no notification. But I mostly use my FREEDOM card from 1200 to 6000.

  5. paul October 28, 2014 at 1:47AM

    I have a bank account with Chase that keeps a low balance. I have one Target card that I am paying off and a Barclays mastercard with a balance of 300-500 at 26.99 that I wouldn’t mind transferring. My fico was 657 and went down to 652. I don’t want a hard hit on my credit for nothing. What are my chances for a Slate? Or would Capital One be a better bet?

  6. Marie October 27, 2014 at 10:19AM

    This is the worst of all the credit cards I have. I have nearly always paid twice the minimum, was never late, but the interest rate was much higher than normal and they would not accommodate you, as do other credit card companies. My credit limit was $8000 for years. Now Chase has the nerve to say they periodically check your credit (there has been no change in the score) – and they have reduced my credit limit to $2000. This didn’t phase me at 1st, as I would never use this card for huge purchases anyway as the interest rate is much higher than my other cards. Then I saw that I already have a balance that uses up this limit, so essentially they have left me with no credit limit at all. How very cruel of them, after my making prompt payments each month. If my credit limit is not raised ASAP, I will think twice before making another payment towards this balance whatsoever. They could have reduced it to $4000 –or a lesser number or reduced it gradually — not all at once. I have been a good customer and always made timely payments in person at the bank. What are they planning to do with all the credit limits they are busting? Build more Chase banks? There are already 4 banks within a one mile radius of my home and they seem to build more monthly. It is so wasteful! They are all almost always empty. The only thing good about Chase Bank is there is never a wait in line because they have far more branch banks than needed. Run don’t walk away from this credit card – and if they reduce your credit limit ever bother making a payment above the minimum. What nasty people!

    • Jay November 7, 2014 at 2:10PM

      Marie, were you late in paying a Non-Chase bill? Chase periodically reviews your overall credit and adjusts credit limit accordingly. Hope that helps.

  7. Archangel6 October 24, 2014 at 8:20AM

    I’ve just recently transferred one of my cards to the Slate card. My transfer was approved on 10/20 and posted to my Slate balance the same day. It is now the 24th and the card I transferred from has not yet received the payment. What is the time frame that I can expect the other back to receive this?

    • Jay November 7, 2014 at 2:12PM

      Keep making at least the minimum payments on the other card until it is paid off by Chase.

  8. L.C October 13, 2014 at 7:52PM

    HI EVERYONE, I HAVE A QUESTION! MY WIFE JUST APPLIED FOR THIS SLATE CREDIT CARD AND GOT APPROVED FOR $500 ONLY, THEN WE CALLED THEM TO SEE IF THAT WAS ANY TYPE OF MISTAKE AND IF THEY CAN INCREASE HER CREDIT LIMIT, BUT THEN THEY SAID THAT THEY NEED TO RUN HER CREDIT AGAIN! WILL THAT CAUSE A BAD IMPACT ON HER CREDIT?
    CAN WE CLOSE/CANCELLED IT? Please Helpppppp!

    • Jay November 7, 2014 at 2:14PM

      Only a slight impact of 5-10 points.

    • Jay November 7, 2014 at 2:15PM

      Her credit score and income may be low.

  9. Anthony Lombardi III October 9, 2014 at 3:21PM

    Can I apply for a chase slate card even if I already have a chase freedom card?

    • Ric Williams October 22, 2014 at 8:09PM

      Yes you can! I have a Chase Hyatt, Chase Freedom and the Chase Slate cards. The Hyatt card I use only for travel and really don’t spend that much on it, but pay the balance off when I travel. The Chase Freedom card I use for everyday purchases, but then I just got the Chase Slate and it was to pay off my other credit cards that were accumulating interest. Chase is a great bank to use for credit card usage.

    • Jay November 7, 2014 at 2:15PM

      Yes

  10. Cherry Barca-Swaggerty October 5, 2014 at 5:39PM

    I have had this card for about almost 3 years first promotional was good. Then they sent me offer on balance transfer I said ok it was good the first time let see this time. Any and all payment I make only go toward the promotional balance transfer. If I make purchases no payment that I make go towards the purchases so of course I get charged interest fee I pay all my bills so thatd I avoid any and all interest payments. I also have a best buy card and any payment more than the minimum goes to the balance with the interest fees. A big company such as JP Morgan should do the same. Every payment I make is the minimum for the promotional and any amount from the purchases. I will never do that again. I have paid balance even though my balance transfer promotional rate does not end until 2015. I would not recommend this card.

  11. errizona October 2, 2014 at 9:04PM

    Great article, thanks! I have a $9000 school loan with department of education through Nelnet. I can’t pay with anything except a checking account (requires routing number). So my question is- is a balance transfer eligible to pay a school loan? If not, does Slate offer the checks for cash advance that I could essentially use to pay the loan balance in full? What would cash advance fee be and since that would continue w a balance on Slate per month, is that still 0%?

    Thank you!

    • Jay November 7, 2014 at 2:18PM

      Stay with the loan program. Your interest will jump to 17.99% on Slate after 15 months.

  12. Bobby Brooks October 2, 2014 at 7:19PM

    I applied for this card to transfer balances. My credit score from the big three credit agencies is 736. Chase used a bogus score of 650 from some other, probably also bogus, credit agency I never heard of, based on multiple false entries not appearing on any legitimate credit agency reports, and giving me a limit of $800. This is obviously nothing but a scam to try to get you to take one of their cards with a blatant bait and switch tactic. My experience with American Express has always been beyond reproach. Don’t do business with these con-artists. Find a legitimate company.

    • Jay November 7, 2014 at 2:20PM

      Your experience is an exception.

  13. Veggiesue October 2, 2014 at 3:13AM

    I am interested in applying for the Chase Slate credit card because I have a balance due on my Care Credit card that I will be unable to pay. Does anyone know if Chase Slate will pay off my Care Credit debt?

    When I got to the section about balance transfers, they only mentioned Visa, MC, Discover, Amex or a store credit card. Care Credit is none of those. Also, Care Credit does not accept another credit card as a form of payment. Only a checking or savings account.

    Would be grateful if anyone knows before I apply.
    Thanks!

    • Jay November 7, 2014 at 2:22PM

      What’s Care Credit card?

      • Phil November 27, 2014 at 3:54PM

        For us, Care Credit card is used for dental with a $2000.00 CL.

  14. K September 29, 2014 at 6:47PM

    This credit card is a crock!! They don’t work with you AT ALL! The interest rate was very high on this card. When I called to get it lowered (about a year and a half ago), I was told to try back in 6 months. 6 months later, told no…try back. No late payments, made the minimum each and every month. Then, last month, paid my balance off IN FULL and the day after I paid the balance off IN FULL, they charged me interest charges. I have talked to 3 representatives and getting no where. Any other place that sends you a bill, when you pay the BALANCE DUE, whether you were making monthly payments or not, they don’t add on interest charges. That’s why it’s called a BALANCE DUE!! How do they expect you to pay off your balance if they are going to add charges AFTER you pay the balance in full. Chase Slate and any of its affiliates will never be used by us again and we’ll be sure to share our story with as many people as possible!!

  15. Sudharsan September 17, 2014 at 9:28AM

    Can you able to transfer the credit from chase freedom to chase slate ?

    • MR BANKER September 25, 2014 at 3:16PM

      YES

      • Sarah October 15, 2014 at 1:41PM

        CHASE will not allow you to transfer from Freedom to Slate at the 0% interest with no transfer fee. I spoke directly with a representative re: the same.

    • Jay November 7, 2014 at 2:27PM

      No

  16. sai September 17, 2014 at 9:28AM

    If I get 10,000 limit and IF I use 8,000 will that effect my credit score? because of high utilization

    • MR BANKER September 25, 2014 at 3:15PM

      Yes. Anything over 50% of your limit negatively affects your score.

  17. deborah September 11, 2014 at 1:29PM

    Just received the zero intro from Chase/Slate. Did they pull a hard copy or a soft copy to be pre-approved for this card? I have a BK that will drop off in December of this year, will they approve me for this card?

    • MR BANKER September 25, 2014 at 3:16PM

      HARD

  18. gwen September 7, 2014 at 4:13PM

    I HAVE TWO CREDIT CARDS I WANT TO PAY OFF 3,043.46 AND THE OTHER 6,678.49 DO YOU THINK CHASE WOULD APPROVE ME FOR THE 10,000.

    • MR BANKER September 25, 2014 at 3:17PM

      THE ONLY WAY TO KNOW IS TO APPLY. THEY TAKE THINGS LIKE DEBT-TO-INCOME RATIO, CREDIT SCORE, AND PAST HISTORY INTO CONSIDERATION.

  19. Terri September 6, 2014 at 7:37PM

    I was looking for a zero interest card to transfer two cards to. The plan was to excellerate my payments and pay off my debts.I was suprised to have an offer for a credit card with zero fees for balance transfers.
    I applied on line and was accepted. Though I was frustrated, when my credit limit was only $500. I have very good credit.I felt the zero balance transfere fee was a gimmick.
    I called Chase and was told that they would put in for a higher credit limit.
    A few days later, I was again suprised to recieve notice that my limit was raised to the amount I needed to transfer both of my cards. It was a great deal all around, 15 months zero interest and no transfere fees
    I give Chase credit for their excellent service.

    • Will September 13, 2014 at 9:11PM

      Hi, which number did you call to speak with someone about CL increase?
      I was recently approved for the Slate card as well and only received a CL of $500 as well an my credit is fine. I am still waiting for card to arrive, I had planned to go ahead and cancel it when I got it but maybe it’s worth a try to call….

      • remy o October 1, 2014 at 2:39AM

        I was also given $500, that seems like the status quo to start everyone out that I’ve read about here. I asked for a $5,000 total and they gave it to me, took a few days to get a letter from them, and it was a yes! No problem. But I did transfer $5,000 worth of balances and it is taking them 7 to 15 days, they say, to approve it. Meanwhile my Slate card now shows only about $12.00 left on it, of the $5,000 limit, yet the other cards (am-ex and wells fargo) that I was moving the balance from, still have their full total of $5,000 on them. Kind of weird!

  20. Linda August 21, 2014 at 7:57AM

    Does the Chase Freedom card give back 5% cash on all purchases? Is there a limit as to how much it will do that for?

    • Steve August 28, 2014 at 7:26PM

      The 5% offers change every tree months. Sometimes it for gas or restaurants, others it” for purchases from a particular merchant such as Amazon or Kohl’s.
      Otherwise it’s !% on all other charges. I wish they would include grocery chains as that is where I spend my most $. You can accumulate up to 1500.00 and you can use that to pay down your balance, which is what I do.
      Hope that answered your question.
      Steve
      P.S. If you want to keep your interest to a minimum, pay each purchase within 21 days. I have the card and am very pleased with it as I use it instead of my bank debit card.
      You might also consider Capital One Quicksilver which pays 1.5% on all purchases.

  21. Vel July 21, 2014 at 11:57AM

    I have two credit cards one with a $ 1850.00 balance and one with a $ 1200.00 balance my experian credit score is 715. I am not aware of other credit scores. Would this card be good for me and would my limit be higher then my balance transfers combined & still be eligible for this 0% introductory APR until November 2015 and a variable rate of 22.99% after intro period & no annual fee. I have only been late twice in past two years on one balance but that was only because they would not change my due date when I asked without paying whole balance which I was unable to do at the time. Please help if u can.

    • Vel July 21, 2014 at 12:38PM

      I am sorry my current transunion credit rating is 648. I don’t kno if this makes a difference. Please advise.

    • remy o October 1, 2014 at 2:43AM

      Sign up for CreditKarma.com — it shows you ALL the reports, it’s a fantastic site and it is 100% FREE!!! They NEVER ask for your credit card info. Not like the other sites where they want to charge a ton. This is 100% FREE ALWAYS, Been on it for about 2 years and I can’t recommend it highly enough. It shows all your cards too and how much you have on each and how to FIX your credit and make it higher etc. Love it!!!!

  22. Kristi July 14, 2014 at 4:33PM

    I have had this card for about two, three years now and I have not had a problem with it ever. I have a high-700′s credit score and have transferred multiple balances to this card to pay them off with the 0% offers I continually get every month. There is a fee with each transfer as I am out of the opening period but how do you expect the company to make money? You think they’re really just going to give you 0% because they feel like it? They would end up being another failed bank. I have had nothing but good experiences with this card.

  23. Jamie July 2, 2014 at 2:39PM

    Chase Slate was the absolute worst company to deal with. I applied for an account and then when I realized because of restrictions on balance transfers that it wasn’t what I was looking for I called to close the account on the same day. A representative “closed” the account and confirmed that he did indeed close it for me, yet I received a card and a bunch of paperwork in the mail, so when I called back a week or two later it turned out the account was never closed, which also means a couple thousand dollars were transferred from that new credit line to another bank account since that transfer request was listed on my application. The other bank was able to transfer the money back into the account I will never use, but a payment was apparently due two days before the account was refunded (although the bill I received in the mail stated the bill’s due date was a week later from the date the representative advised of on the phone.. should have been 3 days from now)and I was charged a late fee. Although if the original representative would have simply closed the account as he said he did, none of this would have been a problem.

  24. crass64 May 17, 2014 at 1:10AM

    I just applied for a chase slate card. my credit score is low 620. but i have a barclaycard with a $13.500 limit and just approved for a Nordsrtoms card. i have a car payment of $500 that i’ve been paying for over 3 years. 2 other credit cards with a $500 with Premire bank , which i’m paying off to to drop the cards.i’ve never been late with any payment in over 4 years. my score is low because i have alot of medical bills outstanding, thats my only problem.
    Is there any chance of getting this card.
    Tim

  25. David May 10, 2014 at 2:44AM

    I applied for a few cards from Chase over the last year. I got a $20,000 limit on one, $5,000 on another, and for the Slate I got $500. What’s up with that? Can they move my revolving credit limits around? I don’t really go over 10% of the Ritz Carlton card’s monstrous CC limit. I also have an older Freedom card that also has $5,000 limit. Was shocked to see the $500 lol

    • Indigo10 May 21, 2014 at 3:21PM

      Pickup your phone and call them and talk them into it..
      They gave me 3000 when I opened it 3 years ago, I called them immediately and talked for 10 minutes and they bumped it up to 10K.

      • dude August 4, 2014 at 12:07PM

        did the do a hard hit for the cli ?

    • Steve August 28, 2014 at 7:38PM

      Depending on your credit score you can call and ask to speak to a credit manager and ask for a higher limit. They already have your last credit report when they determined your limit, which means that they don’t need to pull another “hard inquiry” which can be detrimental if you have applied for other loans in a short period of time. They often assume that you are desperate for more credit than you can handle.
      Hope this helps.
      Steve

    • Steve August 28, 2014 at 8:29PM

      Ask to speak to a credit manager and request a higher CR limit. The outcome will be how much credit usage you all ready have. Over 40% usage is a negative but there are several other variables such as as income and ability to pay.
      Best recommendation is to check your credit report from all three agency’s and check for errors. If you find any, file a dispute (can take months to resolve).
      Hope this helps, Steve

    • sai September 17, 2014 at 9:27AM

      on which card did you get $20,000?

    • Jay November 7, 2014 at 2:35PM

      Yes, call Chase.

  26. fudpucker April 29, 2014 at 9:18AM

    OK, need all your expert help! Due to the recession, job loss, kids in college, big losses on selling houses as we moved, we have too much in credit cards. Our credit score is pretty good: Discover shows it at 725, when we did an online free credit check that one came back at 765. We have about $13,000 with Discover. Interest rate is about 16.99%. I want to move that to a zero interest for 15 or 18 month balance transfer. But I realize reading here there are pitfalls for the ignorant! Help me not be ignorant! Oh, we also make about $160,000 if that is relevant.

    1. If I just call Chase for this Slate card can they tell me how much I can be approved for (I want the entire $13,000 transferred) AND the interest rate? I don’t want to move it to a higher rate and certainly not the 21%!

    2. If I call and they approve, etc. and I decide, nope, don’t like those terms am I at that point already the owner of a Chase Slate account I now have to cancel? I.e. can they tell me how much I am approved for and the rate before opening the actual account?

    3. I keep seeing these comments on hard hit dings – how much am I going to hurt my credit score by calling a few places to find the best deal?

    Thanks!

    • Steve August 28, 2014 at 8:20PM

      It all depends on you debt to income ratio. Adding all your minimum monthly payments and dividing that by your net income, the amount less deductions such as health plans, mortgage, car loans, income taxes, etc., will give you a good idea as to your credit worthiness. You might want to consider signing up for Credit Karma (not to be confused with CreditCarma which is a shame. The do monthly tracking of you credit scores and their are no “hard hits on your credit report. They also make recommendations as to which credit cards would be your best chances of obtaining a balance transfer account. (I do not work for them but have found them very useful in repairing my credit.
      Also they make their money through advertizing and don’t charge you anything for the service.
      As to your original question, Chase Slate will not give you a direct answer if you call. they will do a credit check.”hard hit” but that is not as important as if you request credit from several creditors at the same time which would indicate you are desperate.
      One other point, with your credit rating you also stand a chance of negotiating with your lender for a lower interest rate. Just be nice and calmly suggest that their high interest is causing you difficultly in paying off their balance in a timely manor. It worked for me.
      Hope this helps.
      Steve
      Also there can be variances as much as 20 points as to which credit agency they pull your report from.

  27. marshal April 8, 2014 at 11:17PM

    I have a good credit report and have made 100% of all payments on time. How bad is this gonna hurt my credit score?? Anyone??

  28. marshal April 8, 2014 at 11:15PM

    I recently got a 3000 dollar limit and transfered 3 credit card.balances that made a total of 940 $ my account has been.open for barely two months. I have made my payments on time plus extra payments. I just.got a letter in the mail from them cancelling my slate account. It said they believe being associated with me was bad for their reputation. They wouldn’t specify why??? Anybody had this happen

    • Jay November 7, 2014 at 2:42PM

      Do you pay by snail mail? You may have been late.

    • Jay November 7, 2014 at 2:44PM

      You may have late payments or charge-off amounts on your credit report.

  29. ktj April 8, 2014 at 3:48PM

    I just applied for this card and was approved. On the application it asked for the account # and balance that I wanted transferred. The card was immediately approved for $10,000. The account # and balance that I indicated on the application is for a different Chase card.

    In reading these comments it appears that Chase won’t balance transfer to other Chase cards. Would they have approved my application, with the Chase account # on the application, and then give me a Slate account and refuse to transfer the balance?

    • Jay November 7, 2014 at 2:45PM

      Yes

  30. Britany Taylor April 5, 2014 at 10:05PM

    Can I simply say what a relief to search out someone who really is aware of what theyre talking about on the internet. You definitely know find out how to carry an issue to gentle and make it important. More people need to learn this and understand this aspect of the story. I cant believe youre not more common since you definitely have the gift.

  31. Roll tide March 14, 2014 at 2:35AM

    I have $50,000 total balance on 3 Citi cards. Anyone know if Slate will open account with that high of a credit limit. 700+ scores, always pay above minimums.

    • Epa April 2, 2014 at 7:16AM

      No.

    • Jay November 7, 2014 at 2:47PM

      No

  32. Guru of high finance February 25, 2014 at 2:55PM

    I made the mistake of being drawn in by the transfer balance. I have since paid off my balance and do not wish to give them any more of my business. When making an electronic payment, it takes them 5-7 days to process this payment. During this time if you set the payment to execute on the due date, they assess a late fee because the payment has not gone through on the electronic side. This is the only card that does this. Need less to say they accrue most of their money from those dishonest and ill-gotten methods. In actuality the due date is not the real due date, it is 5-7 days before the due date. If this review saves one person from making the same mistake it was worth it.

    • Raeanne Young March 11, 2014 at 6:24AM

      I have done several balance transfers with Chase over the years and I just wanted to clarify a few things for some of the readers.

      The 5-7 business day timeframe is how long it takes to process the requested balance transfer. This is a standard timeframe for all banks. It actually has nothing to do w/ the due date at all. If Chase says your due date is on the 5th of the month, you will not be assessed a late fee until midnight on the 5th, once no pymnt has been received. To verify this for yourself I would encourage you to check the date of your late fee against your due date.

      It sounds like what happened was the processing time overlapped w/ the due date at your bank you were transferring the balance *from*. This is why Chase states in the terms (both read over the phone and mailed to you in the form of a letter) to “please continue to keep your other account current until you know it’s paid.” I am reading this straight from a letter I have in my records from my last balance transfer with Chase.

      As far as payment processing goes, if you make a payment to them it is effective THAT DAY. The only exception to this is if you use a Bill Pay service through your checking account. But even then, the time frame on that is 2-3 business days. I can definitely understand that getting late fees for any reason is frustrating, but I’ve never ever been in a situation where they’ve been anything less than courteous when I’ve asked for a waiver.

      Hope this clears things up for you!

      • Wendy Martin April 6, 2014 at 6:58AM

        Raeanne Young must work for the bank.

    • Wendy Martin April 6, 2014 at 6:56AM

      I so appreciate your posting this. I keep getting these things in the mail and although I have a high balance through another bank, which I trust, I am soooo relieved to know that my gut feeling was correct about this one. I knew it would be a scam somehow but couldn’t figure out how. Even in the regular information posted, it didn’t mention this. So now I know the scam and again, much much appreciation that you took the time to post this….!!

    • mel April 14, 2014 at 6:03AM

      Thanks guru of high finance. Chase and other companies draw revenue using the same tactics.

    • Debs April 23, 2014 at 1:39AM

      Thanks for your comment, i just got this card and would have had no idea they do that.

    • Jay November 7, 2014 at 2:49PM

      Use common sense if u already know it takes them 7 days to process.

  33. Rosalinda February 20, 2014 at 8:57AM

    Question: My fiance and I are looking for a credit card to use to pay for our upcoming wedding. I was interested in this to put a large balance on it and then pay it off before the 15 months offer of 0%APR and before interest hits. But it looks like you have to pay the balance off in full each month in order to not pay interest is that correct?

    • Gun Shy February 23, 2014 at 3:57PM

      Yes Rosalinda. That is true with any credit card. You’d be better off applying for a short term loan from a CU or bank.

    • Raeanne Young March 11, 2014 at 6:28AM

      Rosalinda,

      This IS true on credit cards that don’t have an interest free period as the Slate card does. The only way to avoid interest is to pay in full each month.

      However, with the Slate credit card you will not be assessed any interest at all during that 15 month time frame– that is why it is called a 0% intro period! :)

      Hope this helps

      • steve April 12, 2014 at 7:09AM

        I just received my Chase slate card with the 15 month 0% intro ! So as long as i pay the minimum each month and pay off the card before the 15 months is up i won’t have any interest charges will i ?

  34. Jessie February 19, 2014 at 10:29PM

    Had an older Chase card that was converted to Slate, I have never received a CLI and just last night asked for a decrease in the 29.99% interest rate and was denied. I do have a 75% balance but have never paid late. I have decent credit I have other cards with 11% interest rates. I figured I could get a slight decrease at the very least. Very disappointed.

  35. Q all the way February 12, 2014 at 5:53PM

    can you still do chase split plan if your apr is 0.0%
    and what is the minimum to do a split plan

  36. Gun Shy February 8, 2014 at 3:50PM

    Question…I have had delinquent payments to my cards. The last late payment was in 2011. I have been in credit counseling, from ’05-’10 but no longer. I paid off $50K in debt. I now have $1100.00 left on a 25.99% card. My equifax score is 711. My other 2 scores are 678 and 760. Is the slate card a good place to start? Thanks.

    • Credit card player chick March 28, 2014 at 10:35PM

      Slate is probably only going to go to someone with excellent credit, higher than you have currently. BUT, if you watch your mails at home should have better interest offers than 25% coming in (I hope.) Grab the one with the lowest interest offer and apply to that, esp. if it has a O% balance transfer offer to use over a period of months. Make the transfer even if it has a small charge associated. Only bother doing this if you can’t pay it all off in the next two/three months.

    • Epa April 2, 2014 at 7:17AM

      Capital One is better for you.

  37. BruceB February 3, 2014 at 6:59PM

    I have two accounts, not credit cards but charge accounts, both have rather high monthly interest rates, John Deere Financial and Bill Me Later. I would like to open a Chase Slate card account and transfer the balance of the two accounts , which combined is $4500. They are not credit card accounts per se, but revolving charge accounts. Not sure if Chase has interest or owns either of those companies.

    Is that going to be possible with the Chase Slate card? Not sure of my credit score, but I believe it is excellent. Guess my question is, will Chase pay those two accounts providing I get a credit limit above that amount? Thanks! Any advice would be appreciated.

    The interest on those two accounts eliminated would sure boost my amount that I could pay to Chase in the introductory offer.

    • Ricky February 8, 2014 at 10:24PM

      As long as those companies accept payment of a credit card you will be fine to pay the companies with it and take advantage of the 0%

  38. JohnO January 13, 2014 at 5:17PM

    Although not directly mentioned here, I thought I would provide a warning about Chase’s Blueprint Plans.
    I accepted a Zero interest balance transfer offer and set up a “Finish It” plan with automatic payments to pay off the balance before the interest rate kicked in.
    It NEVER WORKED.
    Every month I had to manually make a payment. Had I not paid attention and assumed that the balance would be paid off in time I would have been hit with a huge interest charge.
    Just a cautionary tale

  39. Alan January 3, 2014 at 4:34PM

    I have several cards with no balance transfer fees: Navy Federal CU, SF Fire CU, Northwest FCU, Alliant CU, First Tech CU, Delta CU, Lake Michigan CU.

    None of these have balance transfer fees. Some don’t have cash advance fees, either.

  40. matt December 30, 2013 at 10:53AM

    Can i do a balance transfer from another card that has a different name, my wife and i are currently helping my oldest son consolidate his debt so he can pay it off

    • Ricky February 8, 2014 at 10:23PM

      Yes I have done this in the past a few times to help my parents

    • Raeanne Young March 11, 2014 at 6:38AM

      As long as your sons credit card is not with Chase, yes.

  41. Jr December 11, 2013 at 8:19AM

    Hi im in process of rebuiling credit, i have 1 account in collection on each transunion and equifax for same thing and score of 703 and 689, i dont know what my experian score is, what are the odds of getting this application approved?

    • helen January 9, 2014 at 12:28AM

      Hi Jr… I don’t see that anyone else responded to you, so I will. My credit score comes in around 675. I just bought a house, and have opened a couple of new lines of credit recently (all associated with buying the new house- home depot, lowes, and furniture). Chase Slate approved me for a decent credit line (by far the largest I have). That being said, I do have an auto loan through them as well.

  42. Jess December 1, 2013 at 8:50AM

    Does anyone know of its possible to transfer a care credit card balance to this card. Care credit is a medical credit card issued by ge.

  43. Buki November 16, 2013 at 7:06AM

    Hi . do you think there is a chance for me to get approved or should i go with a store credit card with less requirements than a prime card.. I have a score of 689-710 but my credit history is only 7 months old. have no balance on my first and only secured VIsa card and i was thinking on getting another card to use them both and keep building my credit . thanks in advance

  44. carlos n October 24, 2013 at 5:59PM

    thanks man i just applied and got $4,500 credit limit. now i will pay my other credit card off $500 with this, one and get my new xbox one :)

  45. Jenn October 23, 2013 at 8:48AM

    Card is ok until the interest starts. Just make sure you pay before that interest is high and I have a 717 credit. Never paid a bill late. The only reason is that low is because of what I owe in loans. Horrible credit card!

  46. RLee September 14, 2013 at 5:36PM

    Applied for Chase Slate with credit score of 709. Was approved for a credit line of $3,000. Need to transfer $5,500 from another card with a 26.99% interest rate. Do you think there is any way to get a higher credit line to accommodate the entire amount that I will like to transfer from my other credit card?

    • Jae October 14, 2013 at 11:26PM

      I was in the exact situation as you. I was approved at their lowest rate, but for only $2,000. My chase banker immediately called them and asked if there was anything they could do. They had to run my credit again, and then I was approved for an increased credit line for $5,500.

  47. Elizabeth August 9, 2013 at 1:10PM

    If my husband has a chase card only in his name and i get this card in my name can I transfer his balance to my card.

  48. Jen July 15, 2013 at 9:08AM

    I applied for the Amex Delta card today and was declined. Totally bummed. Reason: bankruptcy. We are 7 years out of bk. My scores are: 780 across the board (although I’m confident this hard hit will ding it a few). Have a nice debt utilization ratio. Would like to transfer some balances to this card – if I thought it was possible to get. Do you feel the bk would be a deal breaker. We have excellent cs and income.

    • Frank September 1, 2013 at 5:20AM

      @Jen – If you included Amex in your bankruptcy, then you could be on their blacklist and not eligible for another Amex.

    • Jon September 9, 2014 at 6:35PM

      How is your score 780 with a bankruptcy? Seems kind of high to me.

  49. Arisleyda H. June 23, 2013 at 12:14PM

    Hi. i have been reading a lot of the comments, questions and answers people have and it has help me to understand a few things about this card. I already have 2 store credit cards and can only use them at their stores. I would like to put them together in one card and have one bill each month and be able to use it in other places, too. What I really want to know is can I do that and if i did that would i get a higher APR? How long does the card take to arrive?

    • Raeanne Young March 11, 2014 at 6:46AM

      @Arisleyda

      You absolutely can transfer your store credit cards to the Chase card. Doing so will not increase your APR. You will be given the APR the card is approved at, regardless of a balance transfer.

      For how long the card takes to arrive, this depends on when it gets approved. Sometimes the approval process is instant, sometimes it takes a few days. The typical time frame once the application has been approved is 7-10 business days.

  50. OT May 29, 2013 at 11:11PM

    My wife and I are considering the Chase Slate card. She has a higher credit score, but I have substantially more income. How should we fill out the application to give ourselves the best chance of approval with the lowest APR?

    • David P October 28, 2013 at 11:19AM

      I would like to to know the answer to your question as well .Did you ever get a response?

  51. Ramona May 2, 2013 at 3:07PM

    Can you use this card for a balance transfer and purchases for 0% apr? I heard some credit cards would stop the 0% apr when you used it for both.

    • Raeanne Young March 11, 2014 at 6:47AM

      @ Ramona,

      Yes you can use the card for both. The only thing that will not be at 0% are cash advances.

  52. Joe March 19, 2013 at 2:06PM

    Hi. Just hit “submit” on an application (was accepted) and realized I didn’t include any balance amounts I want to transfer. I guess I just have to wait for the card to show up and then call Chase to make the transfer?

    • Michael March 22, 2013 at 3:01PM

      Don’t worry that’s not a problem, because all balance transfers completed within the first 60 days will qualify for the no BT fee promotion. So after your card arrives just give them a ring and do the transfer then. Enjoy the offer!

    • Mauri April 21, 2014 at 10:34PM

      Hello. I just applied for the card and also realized that I didn’t includes the card balances. I was only approved for 500, although my credit score is 734. Will chase increase the CL to the amount I need (about 8500)? Would I most likely have been approved for more if I included the balance? Any advice would be greatly appreciated.

      • Carol July 24, 2014 at 12:48PM

        your score has nothing to do with that, mine is over 750 and they only approved me for $500 limit , and I was wanting to transfer a different card with over $3000 on it, so that card will be useless to me unless they up my credit line, guess I will be cancelling it

  53. Vishal March 17, 2013 at 5:05PM

    Can we build credit history with Slate credit card?

  54. Terry March 14, 2013 at 5:55AM

    Jacob Jones,

    Why not just pay off the student loan with the Slate card? It is a 0% introductory APR on all balance transfers AND purchases for the first 15 months.

    • Raeanne Young March 11, 2014 at 6:48AM

      @ Terry,

      Unfortunately, the balance transfers cannot be processed to loans. They can only be used to pay towards credit cards outside of Chase. Your best bet would be to contact your student loan agency and see if they accept credit cards as payment. If they do, the transaction would be considered a regular purchase and therefore would be at 0% apr.

  55. Beth March 13, 2013 at 7:54AM

    What is the typical credit limit on this card?

  56. trat March 4, 2013 at 3:48PM

    I really would like to rebuild my credit. Is this card a good starting point?

    • Bernard E. Piaia March 8, 2013 at 9:05AM

      I’ve been a current account holder for chase for the last couple of years! Need to know what is a the average credit score acceptable by chase.

    • MRobinson August 6, 2013 at 8:33PM

      Yes, I got this card 17 months ago with a CL of $500. Now I have 2 cards with a combined CL of $15K. I also pay my bills in chunks and rarely carry more than an 18% balance. But yes. This is a good starting point to build credit.

    • Annab February 22, 2014 at 9:39AM

      I would think so if the eligibility is at Good.
      Another good card if you are declined is store charges like Macy’s not Target or Old Navy then within 6 MONTHS but in good standings you’ll need to make a purchase and then pay it off each month; then apply to any other card.

  57. Rene Ivy February 15, 2013 at 11:03AM

    Can you transfer a balance from Chase Freedom to Chase Slate under this promotion?

    I cant see that this question was clearly answered above.

    • Michael February 15, 2013 at 2:39PM

      Unfortunately not, sorry. None of the card issuers allow balance transfers amongst their own cards.

      If you need to move your balance from a Chase card, then check out this long 0% offer from Discover.

  58. Yelena January 30, 2013 at 9:29PM

    I really want to apply for that card but not sure if there is a good chance to be approved. My Equifax score is 709, but Experian is 512. Do you think I should wait till my score improves.

    • Lee February 1, 2013 at 3:22AM

      I would wait to get all credit scores above 700 and get credit to debt ratio below 30%

  59. debbie January 21, 2013 at 11:52AM

    I applied for a chase slate card yesterday, it came back pending. Does that usually mean No.

    • meghanb904 March 24, 2013 at 12:37PM

      Not necessarily. Sometimes they need to validate you identity, or have a human (rather than computer) look a little deeper in to your credit report. Don’t hesitate to call and speak to someone about the application. Be sure to know the details of your own credit history.

    • Scott April 30, 2014 at 4:15PM

      I had that happen also and I was approved in about 10 days. I got an email saying welcome to chase. My card arrived about 3 days later

  60. Kari January 10, 2013 at 8:50AM

    I applied for, and was approved for the Slate card. They told me that my credit score was 721, but I was still given the 21.99% interest rate; it’s a good thing that it’s 0% for 15 mo., I don’t anticipate using it after that.

  61. James January 3, 2013 at 6:26PM

    Is it better to include how much of a balance you want to transfer to a new Slate card while applying or wait until the card is issued and you know how much credit Chase will extend?

    • Michael January 4, 2013 at 12:45AM

      In my opinion the first option is better (entering the balance you want to transfer on the application).

  62. Sandy December 10, 2012 at 5:11AM

    Can I transfer balances from my Best Buy and Sears credit cards to the Slate Card?

    • Michael December 13, 2012 at 4:28PM

      Yes, that will work, assuming you have the newer Best Buy card which is issued by Capital One (previously Chase issued the Best Buy card, but not anymore).

  63. Pat November 30, 2012 at 7:26PM

    I just received my Chase slate credit card. Is it possible to transfer a balance from my American Express to this card?

    • Michael December 2, 2012 at 10:08PM

      Yes :)

  64. Marilyn October 19, 2012 at 12:55PM

    If you have a balance on a different type of Chase credit card, is it possible to open a Slate card account and transfer the balance?

  65. Jacob Jones October 4, 2012 at 8:18AM

    Do not apply for the Slate card if you are hoping to use the no fee balance transfer offer to pay off non-credit card debts. I was, shall we say, a bit confused into thinking I could do that from their commercials. I applied for and was instantly approved for this card around September 24, 2012, and issued a $7500 credit limit. I received the card yesterday and called today to inquire about transferring a part of my student loans (federal direct loans, though I doubt it matters). They informed me (on the phone) that I would have to be issued an “access check,” which, by their policy would not be issued to accounts younger than 90 days. I then directly asked if there was any way to take advantage of the 60 day no BT fee offer for a non-credit card loan. The response was that it was not possible. So there you have it. I requested they close the account and not report the existence of the account to the credit bureaus since I did not use the card and I closed it within 90 days; they said they could do that.

    • Johana February 20, 2013 at 12:48PM

      Thanks for your post. I was about to apply for the Slate card for the purpose of transferring a student loan balance. Now I know not to.

      • Maria April 2, 2014 at 9:12PM

        @ Johana just letting you know I was able to transfer a student loan on to my Discover It Credit card, it was a parent loan though but you can try!

    • Alan March 1, 2013 at 9:24PM

      Pay off the portion of the student loans with a cash advance from another card and then transfer the balance to Chase.

      • Mike July 11, 2013 at 1:22AM

        Is it possible to charge some of the student loan into an existing/different card like from Citi, and then balance transfer that into the Slate Card?

    • Lauren May 10, 2014 at 11:19AM

      How much would a $25000 balance monthly payment be? We are planning to pay off student loans with the slate…

  66. tracy August 31, 2012 at 10:36AM

    What is the minimum monthly payment based on? Is it a % of the balance?

    Thanks,
    Tracy

    • Michael September 11, 2012 at 11:18AM

      Here’s what it says on the application:

      “The minimum payment used is the greater of $25 or 1% of the balance plus monthly interest calculated for each month in the calculation.”

  67. Megan August 3, 2012 at 12:26PM

    This is really the best card for people who carry credit balances. This is one of the few cards that offers 0 fee balance transfers.

  68. Ryan February 14, 2012 at 2:45PM

    One of the things I like about the Chase Slate is that it is aimed at people who have a balance. I would rather have the somewhat lower rates that Slates charges then get some different card that gives 1% cash back at a 4-7% higher APR.

  69. Doris J Adams February 8, 2012 at 11:52AM

    I applied for and received a Slate Card. I was extended a credit of $6,000. On Saturday 2/4, I transferred 3 card balances. Online today 2/8, they are offering a $0 balance transfer fee and 15 months instead of 12 months 0.0% APR. Considering that I just made this transfer on Saturday and today is Wednesday, I would like to be extended the same offer as they are offering today. Is this possible?

    • CreditCardGuru February 8, 2012 at 11:54PM

      Hi Doris, this latest offer is for a very limited time so unfortunately, they wouldn’t be obligated to give it to you since you applied before it was launched. Perhaps call customer service at Chase though to see if there is anything they can do. Good luck!

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