After a years-long absence from the market, the venerable Chase Slate® bank card is making a comeback, with a brand new introductory supply that may enable you to finance purchases or repay debt.
The refreshed Chase Slate® has a $0 annual payment, and whereas it would not earn rewards, it provides worth in one other method. The cardboard comes with a 0% intro APR on Purchases and Stability Transfers for 21 months, after which the continuing APR of 18.24%-28.24% Variable APR.
That is among the many longest such provides in the marketplace.
Here is what else you should know.
Extra particulars
Be aware that the Chase Slate® fees a steadiness switch payment of both $5 or 5% of the quantity of every switch, whichever is larger. That is a little bit greater than the three% you would possibly discover on different steadiness switch bank cards, however it may be value paying if it would prevent more cash on curiosity fees over time.
The lengthy interest-free window may also enable you to finance a big expense. However should you don’t want that a lot time, observe that rewards bank cards might supply extra worth: You may be hard-pressed to discover a lengthier intro APR interval, however in contrast to the Chase Slate®, these playing cards are inclined to function ongoing rewards in your spending, to not point out priceless welcome provides that may be value a whole lot of {dollars}.
A little bit historical past
The Chase Slate® was closed to candidates in 2020 and changed by the Chase Slate Edge℠ in 2021. (That model of the cardboard additionally provided an excellent 0% intro APR interval.)
However whereas this refreshed model of the Chase Slate® continues to be an excellent card for these needing a prolonged interest-free runway, it is not the “triple-zero” rarity it was once. Again then, it nonetheless had a $0 annual payment and a 0% intro APR interval, however crucially, it additionally boasted a $0 steadiness switch payment.
