Chase Slate Balance Transfer Offer Is Hard to Beat
Finally, an out-and-out no fee balance transfer offer folks with no costs whatsoever!
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 balance transfer offer currently available from a major credit card issuer, 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 13.24%, 18.24% or 23.24%.
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.
Gotta Ask Fast with Chase Slate Balance Transfers
There is a caveat, although not a terribly negative one. You must transfer your higher rate balances during the first 60 days your account is opened.
In other words, existing Chase Slate cardholders who have had the card more than two months can’t take advantage of the associated balance transfer offer.
So don’t wait…in fact, it’s probably best to transfer the balance at the same time you open the card during the application. Or very shortly after.
Once those 60 days are up, the higher-than-industry standard 5% balance transfer fee will apply. That is significantly worse than the typical 3% fee most other card issuers charge.
Oh, and last of all, Chase Slate has no annual fee, making it the only truly free balance transfer credit card out there at the moment (at least when it comes to the big issuers).
If this balance transfer offer interests you, act soon before it’s gone!
Chase Slate No Fee Balance Transfer Offer Features
- $0 intro balance transfer fee (during first 60 days from account opening)
- 0% APR for first 15 months on both balance transfers and purchases
- $0 annual fee
- 5% balance transfer fee (min $5) after first 60 days
Read more: How long do balance transfers take?