The Chase Slate Edge is a no-annual fee card that offers no rewards. Its main benefit is that you can lower your APR each year when you pay off your bills in full.
Slate Edge Card Information
Application Link: Chase Slate Edge.
Current Sign Up Bonus: $100 cash back + 0% APR for 12 months on new purchases and balance transfers.
Recommended Bonus: At least $100 cash back.
Annual Fee: No annual fee.
Earning Rewards: The Slate Edge does not earn rewards.
Slate Edge Card Benefits
Lower Your APR- The main advertised benefit of the Slate Edge is the ability to lower your APR by 2% every account year when you pay your account on time and spend at least $1,000 each year. The lowest the APR can go is 9.74% + the prime rate.
Purchase Protection– Your purchases are protected for 120 days against damage and theft up to $500 per claim.
Extended Warranty– This coverage extends the warranty on eligible items by an extra year on warranties up to 3 years.
Secondary Rental Car Insurance– This coverage pays for any damage to a rental car when using the car that your own car insurance doesn’t pay for.