Vermonster wrote:I would PC or close it. Slate is such a great BT card that I would hate to not be able to take advantage of that later down the line. You'll have to have Slate closed for 2 years to get the nice 0% BT fee signup bonus again.
I see nothing about this in the card's terms.
I know there's a 2-year rule for initial spend bonuses (like CSP's 40k for $4k) on most/all Chase cards, but I see no reason why an applicant wouldn't get fresh intro APR/BT terms on a new Slate account. Good BT terms may have a great economic value to someone, but they're not bonuses.
Of course, you can't BT (directly, at least) from one Slate to another. I'm not sure if it's possible (but I see nothing necessarily preventing it) to BT from an old Slate to a Ring to a new Slate only owing a few days' interest at 8%. Chase may not approve a customer for a future Slate who is low-risk but not using the BT feature as intended.
I have heard Slate is one of the cards Chase won't issue to customers with 5 new accounts in 2 years, so there's that problem, too.
I think it's mostly a question as to how aggressive OP wants to be in getting bonuses.
I wouldn't pay $59 a year to keep a useless card open. Any time I've applied for a card with an AAoA of at least 5 months I've been instantly approved.
Then again, I don't get the best APRs and I've not yet tried to buy a home.