Slate 0% APR No Fee Balance Transfer

November 2nd, 2011 by Colin Robertson | Filed under Balance Transfer Offers.

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Finally, an out-and-out no fee balance transfer offer folks!

That’s right, for a limited time, the Chase Slate credit card is a 0% APR no fee balance transfer!!

This is the only such offer currently available, so act fast if you have high-APR credit card debt that needs to be transferred.

With this deal, you won’t pay a balance transfer fee, and you can enjoy 0% APR for a lengthy 15 months.

After those 15 months are up, the APR will vary between 11.99-21.99%.

Let’s look at an example of the savings with Chase Slate’s No Fee Balance Transfer:

Credit card debt: $4,000 @21.99%
Balance transfer offer: 0% APR for up to 12 months
Balance transfer fee: $0 (zero)

If you were to leave the debt on your existing credit card, you’d be paying roughly $73 a month and $880 annually in credit card finance charges.

Moving it for free to Chase Slate would save you all that money and allow you to actually get out of debt, as those interest charges wouldn’t be piling up on top of existing debt.

This is why balance transfers are so worthwhile. Not only do they help you save on credit card interest, but they also allow you pay down your debts, which can also improve your credit score!

There is a caveat, although not a significant one. You must transfer your higher rate balances during the first 30 days your account is opened.

So don’t wait…in fact, it’s probably best to transfer the balance at the same time you open the card.

After those 30 days are up, the standard 3% balance transfer fee will apply.

Oh, and the last of all, Chase Slate has no annual fee, making it the only truly free balance transfer credit card out there at the moment.

If this offer interests you, see all the details below:

Read more: How long do balance transfers take?

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