Chase Slate® is one of the best credit cards to consider getting if you are looking to refinance your high-interest credit card debt. What makes this card useful for balance transfers is that it has an introductory offer of a $0 balance transfer fee for the first 60 days of account opening (then 5% of the amount transferred with a minimum of $5) and a 0% introductory APR for 15 months on purchases and balance transfers (after that 13.24%-23.24% variable APR). There are many balance transfer credit cards out there, but very few offer both a long 0% introductory APR and an introductory balance transfer fee. If you have excellent credit and a lot of credit card debt that you want to pay off without having to pay interest as well, Chase Slate® may just be the solution for you.

Let's take a closer look at the inner workings of Chase Slate® to find out if this is the card that can help you get out of debt.

  • Save with a $0 introductory balance transfer fee, 0% introductory APR for 15 months on purchases and balance transfers, and $0 annual fee. Plus, receive your Monthly FICO® Score for free.

    Fantastic
    • Chase Slate named "Best Credit Card for Balance Transfers" three years in a row by MONEY Magazine
    • $0 Introductory balance transfer fee for transfers made during the first 60 days of account opening
    • 0% Introductory APR for 15 months on purchases and balance transfers
    • Monthly FICO® Score and Credit Dashboard for free
    • No Penalty APR - Paying late won't raise your interest rate (APR). All other account pricing and terms apply
    • $0 Annual Fee
    APPLY NOWAt Chase's secure website

    Intro APR

    0% Introductory APR for 15 months on purchases and balance transfers

    Regular APR

    13.24%-23.24% Variable

    Annual Fee

    $0

    Credit Required

    Good, Excellent
    APPLY NOWAt Chase's secure website
    Fantastic
    • Save with a $0 introductory balance transfer fee, 0% introductory APR for 15 months on purchases and balance transfers, and $0 annual fee. Plus, receive your Monthly FICO® Score for free.

    Intro APR

    0% Introductory APR for 15 months on purchases and balance transfers

    Regular APR

    13.24%-23.24% Variable

    Annual Fee

    $0

    Credit Required

    Good, Excellent
    Fantastic
    • Chase Slate named "Best Credit Card for Balance Transfers" three years in a row by MONEY Magazine
    • $0 Introductory balance transfer fee for transfers made during the first 60 days of account opening
    • 0% Introductory APR for 15 months on purchases and balance transfers
    • Monthly FICO® Score and Credit Dashboard for free
    • No Penalty APR - Paying late won't raise your interest rate (APR). All other account pricing and terms apply
    • $0 Annual Fee
    APPLY NOWAt Chase's secure website

Things We Like About Chase Slate®

$0 intro balance transfer fee for transfers made during the first 60 days of account opening. If you transfer a balance during the first 60 days your account is open, as an introductory offer you will pay $0 balance transfer fee. For balance transfers made after 60 days of account opening, you pay just 5% of the amount you transfer or $5, whichever is more. One thing you should know is that you cannot transfer a balance from another Chase credit card to this card.

$0 annual fee. You don't have to pay any annual fee to enjoy all the benefits of this card. Paying off credit card debts is enough work on its own, so you will probably appreciate not having to pay a card fee.

0% introductory APR on balance transfers. You will enjoy a 0% introductory APR for 15 months on purchases and balance transfers. After the intro period, you will have a 13.24%-23.24% variable APR on balance transfers, depending on your credit score. If you have credit card debts then transferring them to this card is a good way to escape interest payments for a time while you focus on paying off the debt.

0% introductory APR on all your purchases. You will enjoy a 0% introductory APR for 15 months on purchases and balance transfers. After that, you will have to reckon with a 13.24%-23.24% variable APR on purchases.

No Penalty APR. When you are late on a payment you won't have to worry about your interest rate (APR) being raised. But be aware that missing a payment may just make you lose your introductory APR period and will negatively affect your credit score, so not paying on time is always a terrible idea, even with this card.

Blueprint Feature: This is a unique feature that is available at no charge for all Chase credit cards, including this one. With it, you will be able to avoid unnecessary interest and it gives you a plan for you to pay your balances down faster. The Blueprint program offers 4 options and you can pick as many as you want:

- Full Pay: With this option, you will pay no interest on selected "everyday" purchases like groceries, gas or drug prescriptions, if you pay them in full each month, even if you already have a balance.

- Split: This option lets you pay off big purchases (like TV, home improvement projects etc) on terms that best suit you and they will incur interest. You have the ability to set the number of payments or set monthly payment amounts to pay it off. Chase will calculate all these and indicate it on each statement so you can stay on track to meet your goals.

- Finish It: This option lets you set a date by which you want to pay off your current balance. After that Chase will calculate how much you have to pay monthly, set up the plan and inform you of your progress on each monthly statement. By doing so, it helps you to pay off your balance as soon as possible.

- Track It: This option lets you track your progress, so you can see how close you are in reaching your goal. You can view your spending online by category whenever you like, so that you can track your progress without having to wait for your monthly statement.

Zero liability for unauthorized purchases. If any unauthorized charges are made on your credit card, you won't be held responsible and you won't have to pay anything. Call the number on your card immediately if you suspect that someone used your card to make an unauthorized transaction. If you add your partner, spouse or kid as an authorized user, and they perform transactions without your permission, you will be liable to pay for these transactions. Only add a person as an authorized user if you trust them completely.

Free monthly FICO® Score and Credit Dashboard. This new feature allows you to see your FICO credit score every month at no extra cost. You can also see what financial actions affected your score and access a summary of your credit report. The FICO Score you get with this card is only based on your credit history at Experian (one of the 3 main credit bureaus in the U.S.). So take this score as a reference, but note that decision makers may view scores based on your credit history at other credit bureaus.

Security services. To make you feel more secure and protected, Chase will monitor your account activity 24/7 for fraudulent card activity with its Patented Fraud Protection service.

Our Least Favorite Things About Chase Slate®

You can't get rewards or cash back with this card. Chase Slate® is a no-nonsense card, without many bells and whistles. You don't get to earn reward points or cash rebates when you make purchases with this card. If you prefer rewards cards or cash back cards, browse through the large selection of credit card offers at GET.com.

You can't transfer more than $15,000 or more than the given credit limit. The amount you transfer (including fees and interest) can't be more than $15,000 or your credit limit, whichever is lower.

You can't transfer a balance from another Chase account. Like many other balance transfer cards, you can't transfer a balance from an account within the same bank.

You need an excellent credit score to qualify for this card. If you have sub-optimal credit, you may not be approved for Chase Slate®.

How Other Cards Compare With Chase Slate®

You can get Capital One® QuicksilverOne® Cash Rewards Credit Card even if you only have average credit, and it has no balance transfer fee ever (Chase Slate® only has a $0 intro balance transfer fee for transfers made during the first 60 days of account opening). It also lets you earn unlimited 1.5% cash back on every purchase you charge to it, every day. However, this Capital One card has a shorter introductory APR period than Chase Slate®. You only get 0% intro APR on purchases for 9 months and a standard 23.24% variable APR after that intro period. It has a $39 annual fee.

Another card with no balance transfer fee is Barclaycard® Ring MasterCard®. It has no introductory low APR, but makes up for that with a low, standard 8.25% variable APR. That makes it a better balance transfer card to have if you use several credit cards (rewards cards, cash back cards) and regularly transfer all your card balances to an account with a low ongoing APR. Chase Slate® only gives you a $0 intro balance transfer fee for transfers made during the first 60 days of account opening. This card does not let you earn rewards on spending, though you may be rewarded if the Ring credit card program performs well through the Giveback™ program. It has no annual fee.

If you want to earn cash back with your card and don't mind paying a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, then Chase Freedom® might be a good choice. It not only offers 0% intro APR for 15 months for purchases and balance transfers (after this introductory period it's a regular 14.24%-23.24% variable APR, depending on your credit score), but also lets you earn cash back on virtually all your purchases and includes the Blueprint feature and other useful benefits. If you sign up for Chase Freedom®, you can earn a $150 Bonus after you spend $500 on purchases within the first 3 months as well as an additional $25 Bonus after you add your first authorized user to your account and make a purchase within this same 3-month period. It has no annual fee. You get just as long an intro APR period as what Chase Slate® offers, and you earn good cash back too, but you pay a fee to transfer your balance to this card.

Citi Simplicity® Card - No Late Fees Ever, a partner card, is a highly-rated balance transfer card which has a 0% intro APR on purchases and balance transfers for 21 months. After that introductory low APR period, a 13.24% - 23.24% (Variable). 13.24% - 23.24% (Variable) applies. It has no annual fee, no late fees and no penalty rate. But it does have a balance transfer fee of either $5 or 3% of the amount of each transfer (whichever is higher). Depending on the size of your balance, the long intro APR period might make paying that balance transfer fee worth it. If you have a very large balance and won't realistically be able to pay it off in full during the intro APR period that you get with Chase Slate® (0% introductory APR for 15 months on purchases and balance transfers with 13.24%-23.24% variable APR on balance transfers and purchases after), then this Citi card might be a better choice. But if the intro APR period that you get with Chase Slate® is long enough, the Chase Slate® will be the cheaper option because of the $0 introductory balance transfer fee for transfers made during the first 60 days of account opening (the greater of 5% or $5 fee after that period). It has no annual fee.

If you are looking to pay off credit card balances that you already have, then Chase Slate® is hard to beat when it comes to getting savings on interest, balance transfer fees and annual fees.

Chase Slate® is the best balance transfer card if you want to pay off an existing card debt without paying a balance transfer fee. If you transfer a balance over to this card within the first 60 days of account opening, you won't have to pay any balance transfer fee since you'll enjoy the $0 introductory balance transfer fee offer (5% fee after that period or $5, whichever is greater). Plus, you pay 0% introductory APR for 15 months on purchases and balance transfers (13.24%-23.24% variable APR on balance transfers thereafter). It will also benefit those who plan on buying a big-ticket item and then repay it within 15 months as the intro APR offer also applies to purchases.

The fact that this card doesn't have a rewards program means it may not be the best card to use for a lot of purchases. Since you only get away with not paying a balance transfer fee for balance transfers you make within the first 60 days of account opening, this card will suit you best if you already have credit card balances that you want to transfer. If you want to regularly make balance transfers from your different credit cards to a card with a low APR without paying off the balance in full, there are better cards out there for that. But Chase Slate® is almost unrivaled as a card for paying off any credit card balances you are already carrying.