Yes, the Chase Slate Edge℠ charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars.
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The Chase Slate Edge℠ is a good card if you need time to pay off a sizable upcoming purchase or you’re struggling to pay down existing credit card debt. It offers an intro APR on purchases and balance transfers for a year and a half.
We should note that this time period is comparable to similar 0% APR cards with no annual fees. What sets the Chase Slate Edge℠ apart is the incentives it offers when you reach certain spend thresholds and use the card responsibly. For example, you can potentially lower your interest rate by 2% each year after spending $1,000 on your card by your next account anniversary. You can also receive a higher credit limit when you pay on time and spend $500 in your first six months.
That said, if you’ll need more time to pay off your transferred balance, there are cards available that offer intro APRs up to 21 months. Or, if you plan to carry a balance from purchases from month to month, you may want to consider a 0% intro APR card that also offers rewards.
Intro Purchase APR
0% Intro APR on Purchases for 18 months.
Regular Purchase APR
19.99% – 28.74% Variable
Intro BT APR
0% Intro APR on Balance Transfers for 18 months.
Regular BT APR
19.99% – 28.74% Variable
Annual Fee
$0
Cash Advance Fee
Either $10 or 5% of the amount of each transaction, whichever is greater.
Foreign Transaction Fee
3% of the amount of each transaction in U.S. dollars.
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater.
Lengthy intro APR offers
With the Chase Slate Edge℠, you’ll get a long 0% Intro APR on Purchases for 18 months. After that, a regular APR of 19.99% – 28.74% Variable applies. You’ll also get a 0% Intro APR on Balance Transfers for 18 months. After that, an APR of 19.99% – 28.74% Variable applies.
Compared to other 0% APR cards — which can have intro periods ranging anywhere from 6 months to 21 months — these are strong offers.
Chance to lower your interest rate
The Chase Slate Edge℠ provides the unique opportunity to lower your ongoing APR. When you pay on time and spend $1,000 on your card in an account anniversary year, you’ll be automatically considered for an APR reduction of up to 2%.
The lowest your APR can go is the Prime Rate plus 9.74%, which is better than the APRs of some of the best low-interest credit cards currently available.
Note, though, your final APR reduction could be less than 2% (depending on the APR you initially receive).
Opportunity to raise your credit limit
When you pay on time and spend $500 in the first six months of having the card in the first year, Chase will automatically review your account to see if you’re eligible for a higher credit limit.
$0 annual fee
This card charges a $0 annual fee, which is on par with similar 0% APR cards that don’t offer rewards programs.
No rewards program
The Chase Slate Edge℠ doesn’t offer rewards for the purchases you make, but that’s common for a card that provides an intro APR on purchases and balance transfers for 18 months.
If you want a card that offers rewards and an intro APR, you may have to settle for one with a shorter interest-free period, like the Chase Freedom Unlimited®.
High balance transfer fee
Most balance transfer cards charge a balance transfer fee of 3%. The fee for the Chase Slate Edge℠ is on par with other cards during your first few months of membership, making it a good choice for a balance transfer during the introductory period. However, afterwards the balance transfer fee increases.
The card charges either $5 or 5% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. As such, if you need longer than 60 days to transfer a balance, you may want to consider other balance transfer cards.
There are also a handful of balance transfer cards available that don’t charge balance transfer fees at all, but those typically offer shorter interest-free periods than the Chase Slate Edge℠.
Foreign transaction fees
If you use your Chase Slate Edge℠ to make purchases outside the U.S., you’ll be charged foreign transaction fees of 3% of the amount of each transaction in U.S. dollars.
This can add up quickly, so it’s best to take a card that doesn’t charge foreign transaction fees when traveling abroad.
If you need a longer intro APR period, the Wells Fargo Reflect® Card offers one of the longest currently available. You’ll get a 0% intro APR for 21 months from account opening . After that, a regular 17.49%, 23.99%, or 29.24% Variable APR applies. The card also offers a 0% intro APR for 21 months from account opening on qualifying balance transfers. After that, a regular 17.49%, 23.99%, or 29.24% Variable APR applies.
Similar to the Chase Slate Edge℠, this card comes with a $0 annual fee, but also doesn’t offer a rewards program and charges foreign transaction fees.
Still, unlike the Chase Slate Edge℠, it doesn’t offer an introductory balance transfer fee. You’ll be responsible for paying 5%, min: $5 for each balance transfer. That 2% difference could significantly cut into your savings from a balance transfer. For example, if you transfer $5,000 to a card with a 3% fee, you’ll be charged $150. But if you transfer that same amount to a card with a 5% fee, the balance transfer will end up costing you $250.
The Citi Simplicity® Card offers a longer interest-free period on balance transfers than the Chase Slate Edge℠, but comes with a shorter intro APR on purchases.
The $0-annual-fee card has an intro APR of 0% intro APR for 21 months on Balance Transfers, then a 18.49% - 29.24% (Variable) APR applies. Plus, you’ll get an intro APR of 0% intro APR for 12 months on Purchases, then a 18.49% - 29.24% (Variable) APR applies.
This card also has a longer intro balance transfer fee period: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5)
If you want to earn cash back rewards — and you don’t mind a slightly shorter intro APR — the $0-annual-fee Chase Freedom Unlimited® could be a better fit.
Enjoy 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; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases
Plus, you’ll receive a 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.
As far as intro APRs go — you’ll get a 0% Intro APR on Purchases for 15 months and a 0% Intro APR on Balance Transfers for 15 months. After the intro period, a 19.99% - 28.74% Variable will apply.
| Credit Cards | Our Ratings | Recommended Credit Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion | Intro Purchase APR | Regular APR | Intro Balance Transfer APR | Regular Balance Transfer Rate | Balance Transfer Fee | |
|---|---|---|---|---|---|---|---|---|
|
Chase Slate Edge℠*
|
Good / Excellent | 0% Intro APR on Purchases for 18 months. | 19.99% – 28.74% Variable | 0% Intro APR on Balance Transfers for 18 months. | 19.99% – 28.74% Variable | Either $5 or 5% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. | ||
Wells Fargo Reflect® Card*
|
Good / Excellent | 0% intro APR for 21 months from account opening | 17.49%, 23.99%, or 29.24% Variable APR | 0% intro APR for 21 months from account opening on qualifying balance transfers | 17.49%, 23.99%, or 29.24% Variable APR | 5%, min: $5 | ||
Citi Simplicity® Card*
|
Good / Excellent | 0% intro APR for 12 months on Purchases | 18.49% - 29.24% (Variable) | 0% intro APR for 21 months on Balance Transfers | 18.49% - 29.24% (Variable) | There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5) | ||
Chase Freedom Unlimited®*
|
Good / Excellent | 0% Intro APR on Purchases for 15 months | 19.99% - 28.74% Variable | 0% Intro APR on Balance Transfers for 15 months | 19.99% - 28.74% Variable | Either $5 or 5% of the amount of each transfer, whichever is greater. |
The Chase Slate Edge℠ is a good choice if you’re looking for a $0-annual-fee card with a long intro APR on purchases or balance transfers. Although the card doesn’t offer rewards for your purchases, it does come with rare features that can help you lower your interest rate and increase your credit limit.
But if you want an even longer interest-free period, the Wells Fargo Reflect® Card may be a better fit. Or the Citi Simplicity® Card could be a good option to consider if you want more time to take advantage of the introductory balance transfer fee.
Finally — if you want to earn cash back rewards and don’t need a ton of time to pay your balance in full, you should consider the Chase Freedom Unlimited®. Just know that if you make use of the balance transfer offer, we recommend paying off your transferred balance before focusing on racking up rewards.
Yes, the Chase Slate Edge℠ charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars.
The Chase Slate Edge℠ comes with a $0 annual fee.
You won’t earn rewards for the purchases you make using the Chase Slate Edge℠, as the card doesn’t offer a rewards program.
The Chase Slate Edge℠ offers an auto rental collision damage waiver. This provides protection against theft and collision damage for most cards in the U.S. and abroad. To be eligible, you’ll need to decline the rental company’s collision insurance and charge the entire rental cost to your card.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
The information related to the Wells Fargo Reflect® Card and Citi Simplicity® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The information related to the Chase Slate Edge℠, Chase Freedom Unlimited®, Wells Fargo Reflect® Card and Citi Simplicity® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
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