Chase Slate 0% Offer

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augiedog
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Chase Slate 0% Offer

Postby augiedog » Thu Dec 17, 2015 2:24 pm

Has anyone with the Chase Slate had any luck with reapplying for the 0% Interest/0% Fee offer?

I just got balance transfer checks in the mail today from Chase Slate, but they impose a 3% transfer fee. Without the interest/fee-free period, this is a particularly boring credit card. Has anyone been able to ask for the interest/fee free period again? Or had any luck with reapplying for the card after closing it?
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates


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CarefulBuilder14
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Re: Chase Slate 0% Offer

Postby CarefulBuilder14 » Fri Dec 18, 2015 1:40 am

I've heard mixed reports as to whether Chase applies the "5/24" rule to Slate. That said, if you were approved for a new card (which might or might not require closing the old one), you would certainly get the favorable intro BT/APR terms.

As far as a renewal of the intro BT/APR fees...Chase is known for being stingy about those things. I'd give Discover a call to see if any special offers might be available.

Do you have a balance you actually need to transfer? Or you're just bored with Slate and asking hypotheticals about why it might be worth closing or keeping?
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

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augiedog
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Re: Chase Slate 0% Offer

Postby augiedog » Fri Dec 18, 2015 6:28 pm

CarefulBuilder14 wrote:Do you have a balance you actually need to transfer? Or you're just bored with Slate and asking hypotheticals about why it might be worth closing or keeping?


A little of both. My balance transfer will expire in the summer of next year, but they sent me checks in the mail recently which made me think of whether I would really find it useful after my balance transfer is paid off.

I have heard about how Chase is not likely to approve APR changes, which has got me thinking that I should close the Slate once it's paid off and wait. As far as my credit goes with them, I have a Freedom, and I merged my credit line ($500) from my Amazon Visa (and closed it) to my Slate to bring the limit to $3000.

Closing the Slate would leave me with the Freedom only (with a $3500 CL). It might be better to close it in order to be eligible for another balance transfer in the next 24 months. No interest/no fee is very uncommon, so I'd like to have that option open again if I need it again.
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

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CarefulBuilder14
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Re: Chase Slate 0% Offer

Postby CarefulBuilder14 » Fri Dec 18, 2015 7:27 pm

The favorable APR and BT terms are inherent to any new Slate. There's no "bonus eligibility clock" that needs time to reset like Chase rewards cards have.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red

Vermonster
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Re: Chase Slate 0% Offer

Postby Vermonster » Fri Dec 18, 2015 8:04 pm

CarefulBuilder14 wrote:The favorable APR and BT terms are inherent to any new Slate. There's no "bonus eligibility clock" that needs time to reset like Chase rewards cards have.


I believe you're right. But I have heard of flat out denial when people try and open a new Slate too soon after closing another. One guy closed his new Slate in a fit of rage because he didn't get a good SL. He then realized that he could still do a partial transfer to the Slate and another card. When he called to reopen they said no you have to reapply. So he did, and was insta-denied. I'm not sure if it was because he was an asshole on the phone, or because Chase likes to do that sort of thing.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k

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CarefulBuilder14
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Re: Chase Slate 0% Offer

Postby CarefulBuilder14 » Fri Dec 18, 2015 9:37 pm

A flat denial is certainly a possibility. It is dangerous to rely on a particular approval in the future.

And, of course, a Slate-to-Slate BT couldn't work, anyway, if that was the plan.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red

augiedog
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Re: Chase Slate 0% Offer

Postby augiedog » Fri Dec 18, 2015 11:26 pm

CarefulBuilder14 wrote:A flat denial is certainly a possibility. It is dangerous to rely on a particular approval in the future.

And, of course, a Slate-to-Slate BT couldn't work, anyway, if that was the plan.



My BT will be paid off by the time the intro APR runs out. I was just wondering how lucky others have been at requesting a retention offer/no fee-interest offer again. Reading online I haven't found a single person who has except for those who have closed their account before opening a new one two years later.

I originally got the Slate when I was not getting enough work at my job. I have things more secured though as far as working. The Slate was an attractive offer because it would pay off my Amex BCE (10.24% APR) and I wouldn't have to pay interest. My job does go through high- and low-productivity swings, so I want to ensure I have some plan in the future to avoid paying interest if I suddenly get fewer days at work.
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

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CarefulBuilder14
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Re: Chase Slate 0% Offer

Postby CarefulBuilder14 » Sat Dec 19, 2015 4:06 pm

Chase wouldn't offer the card if they didn't have a plan for making money from it. They don't offer rewards as a way to encourage spending. They don't charge an AF on Slate, or try to sell high-fee services. That leaves them with BT fees and interest from people who don't have many options. It's hard to see them passing up that opportunity to make money.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red

kdm31091
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Re: Chase Slate 0% Offer

Postby kdm31091 » Sat Dec 19, 2015 9:13 pm

augiedog wrote:
CarefulBuilder14 wrote:A flat denial is certainly a possibility. It is dangerous to rely on a particular approval in the future.

And, of course, a Slate-to-Slate BT couldn't work, anyway, if that was the plan.



My BT will be paid off by the time the intro APR runs out. I was just wondering how lucky others have been at requesting a retention offer/no fee-interest offer again. Reading online I haven't found a single person who has except for those who have closed their account before opening a new one two years later.

I originally got the Slate when I was not getting enough work at my job. I have things more secured though as far as working. The Slate was an attractive offer because it would pay off my Amex BCE (10.24% APR) and I wouldn't have to pay interest. My job does go through high- and low-productivity swings, so I want to ensure I have some plan in the future to avoid paying interest if I suddenly get fewer days at work.


Chase doesn't really seem like a retention offer type of lender -- they almost never give them on CSP, and that's a $95 AF card. So getting one on a Slate would seem very unlikely. Like Carefulbuilder said, they have to make money somehow. There's no rewards, so you have no real reason to spend on the card. So they have to collect money from BT fees and such.

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CarefulBuilder14
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Re: Chase Slate 0% Offer

Postby CarefulBuilder14 » Sun Dec 20, 2015 12:12 pm

Discover or Ring would probably be your best options for doing a BT if you can't revive good terms on Slate and can't get a new Slate. Discover and Ring can be good for BTs even after the accounts have been open for a while.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG, Prestige (retention)
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
SD with activity alerts, might close: Arrival

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH, Aviator Red



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