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Chase Slate Edge®, a personal credit card, can be used by business owners without any business credit score. On top of the 0% introductory period on both purchases and balance transfers for the first 18 billing cycles, it has a $0 annual fee, and your large purchases can be split into monthly installments with Chase Pay Over Time. You can also get an automatic review for a higher credit limit when you pay on time and spend $500 within the first six months of card owxnership.
Chase Slate Edge℠
BEST FOR:
Those with no business credit score
- Start off strong with 0% Intro APR for 18 months from account opening on purchases and balance transfers. A variable APR of 20.24% - 28.99% on balance transfers and purchases after the introductory period ends.
- Lower your interest rate by 2% each year. Automatically be considered for an APR reduction when you pay on time, and spend at least $1000 on your card by your next account anniversary.
- Raise your credit limit. Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
- All for no annual fee - You won't have to pay an annual fee for all the great features that come with your Slate Edge℠ card
- Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more
- Member FDIC
Pros
- No annual fees
- With interst-free financing option on both purchases and balance transfers
- You can lower your interest rate over time
Cons
- No rewards for new and existing cardholders
- Intro balance fee only active for 60 days of account opening
- Purchase protection: This covers your new purchases against damage or theft, up to $500 per claim and $50,000 per account, for 120 days.
- Extended warranty protection: You can extend the period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less.
- Fraud alerts and protection: Real-time fraud monitoring is enabled by Chase for possible signs of fraudulent activity.
- Complimentary DashPass: Get three months of DashPass, DoorDash’s membership that provides unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders on DoorDash and Caviar. After that, you are enrolled in DashPass automatically at 50% off for the next nine months.
- Start off strong with 0% Intro APR for 18 months from account opening on purchases and balance transfers. A variable APR of 20.24% - 28.99% on balance transfers and purchases after the introductory period ends.
- Lower your interest rate by 2% each year. Automatically be considered for an APR reduction when you pay on time, and spend at least $1000 on your card by your next account anniversary.
- Raise your credit limit. Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
- All for no annual fee - You won't have to pay an annual fee for all the great features that come with your Slate Edge℠ card
- Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more
- Member FDIC
Pros
- No annual fees
- With interst-free financing option on both purchases and balance transfers
- You can lower your interest rate over time
Cons
- No rewards for new and existing cardholders
- Intro balance fee only active for 60 days of account opening
- Purchase protection: This covers your new purchases against damage or theft, up to $500 per claim and $50,000 per account, for 120 days.
- Extended warranty protection: You can extend the period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less.
- Fraud alerts and protection: Real-time fraud monitoring is enabled by Chase for possible signs of fraudulent activity.
- Complimentary DashPass: Get three months of DashPass, DoorDash’s membership that provides unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders on DoorDash and Caviar. After that, you are enrolled in DashPass automatically at 50% off for the next nine months.
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When evaluating a personal credit card for business like the Chase Slate Edge® Credit Card, we first consider the introductory and ongoing APRs. Then, we check if it offers introductory and ongoing rewards and its standout features, such as purchase protection and extended warranty.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory APR | 35 | 35 |
Ongoing APR | 30 | 35 |
Features | 10 | 10 |
Introductory Rewards | 0 | 10 |
Ongoing Rewards | 0 | 10 |
Total Score | 75 | 100 |
Who the Chase Slate Edge® Credit Card Is Best For
- Those intending to make large purchases or transfer a significant balance: Despite it being a personal credit card, it offers a 0% introductory period for both purchases and balance transfers for the first 18 billing cycles.
Chase Slate Edge® Credit Card Rewards
Chase Slate Edge® Credit Card doesn’t offer any rewards for its new and current cardholders.
Chase Slate Edge® Credit Card Features
Service & Protection
- Purchase protection: Get coverage for your new purchases against damage or theft, up to $500 per claim and $50,000 per account, for 120 days.
- Extended warranty protection: Extend the period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or fewer.
- Auto rental collision damage waiver: Decline the rental company’s collision insurance and charge the entire rental cost to your card. Note that coverage is provided for theft and collision damage for most cars in the US and abroad and that in the US, coverage is secondary to your personal insurance.
- Zero liability protection: Call the number on the back of your card in the event of an unauthorized charge. Chase will not hold you responsible for unauthorized charges made with both your card and account information.
- Fraud alerts and protection: Get real-time fraud monitoring for possible signs of fraudulent activity. In the event of unusual activity, Chase will notify you via phone, text, or email.
- Roadside dispatch: Call 800-847-2869 at any time to get the help you need—from towing, jump-starting, and changing tires to getting a lockout service, gas, and winching. Note that roadside service fees will be provided when you call and are billed to your card.
Partner Benefits
- Complimentary DashPass Dashpass members get up to $10 off quarterly on non-restaurant DoorDash orders. : Get three months of DashPass, DoorDash’s membership that provides unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders on DoorDash and Caviar (note that you must activate this on or before January 31, 2025). After three months, you’ve enrolled automatically in DashPass at 50% off for the next nine months.
Account Management
- Chase Pay Over TimeSM: Break up eligible credit card purchases into manageable payments. These can be done in two ways:
- After purchase—pay off eligible purchases of $100 or more in smaller, equal monthly payments with no interest.
- At checkout—create a payment plan at checkout on Amazon.com for purchases of $50 or more.
Lower Interest Rate by 2% Each Year
You can also be eligible to lower your interest rate by 2% each year when you pay on time and spend at least $1,000 on your card by your next account anniversary until your APR reaches the prime rate plus 9.74% (currently 17.74% variable APR based on the prime rate of 8.00% as of September 24, 2024). Your final APR reduction could be less than 2%, depending on the APR you receive with your card.
Chase Slate Edge® Credit Card Fees
APR
- Introductory: 0% APR on purchases and balance transfers for the first 18 billing cycles
- Ongoing: 19.99% to 28.74% variable, which will adjust with the prime rate
- Balance transfer: 19.99% to 28.74% variable, which will adjust with the prime rate
- My Chase LoanSM: 19.99% to 28.74% variable, which will adjust with the prime rate
- Cash advance: 29.74% variable, which will adjust with the prime rate
- Penalty: Up to 29.99% variable, which will adjust with the prime rate. This will be applied to your account indefinitely if you do one of the following:
- Failed to make a minimum payment by the date and time that it’s due
- Made a payment that’s returned unpaid
Fees
- Annual: $0
- Chase Pay Over Time Fee (formerly My Chase Plan; fixed financed charge): Intro monthly fee of 0% of the amount of each eligible purchase transaction shall be applied during the first 18 billing cycles. Then, a monthly fee of 1.72% of the amount of each eligible transaction or amount selected to create a Chase Pay Over Time shall be applied.
- Balance transfer: Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, within 60 days of account opening. After, either $5 or 5% of the amount of each transfer, whichever is greater.
- Cash advance: Either $10 or 5% of the amount of each cash advance, whichever is greater
- Foreign transaction: 3% of the amount of each transaction in U.S. dollars
- Late and return payment: Up to $40
- Over-the-credit-limit and returned check: $0
Your due date is at least 21 days after the close of each billing cycle.
- Online or mobile app: Log in to your account, then select “Pay card.” Follow the prompts.
- Phone: Call the automated phone service at 800-436-7958.
- Mail or money order: Include your name and full account number on your check or money order—don’t send cash. Mail your payment to the following address:
Cardmember Services
PO Box 6294
Carol Stream, IL 60197-6294
- In-person: Go to the nearest Chase ATM or branch during normal business hours.
Chase Slate Edge® Credit Card Alternatives
Discover it® Cash Back Credit Card
Discover it® Cash Back
BEST FOR:
Those who want double the cash back on your first year
- 5% cash back in rotating categories for each quarter.
- 1% cash back on all other purchases
Pros
- Premium rewards on rotating bonus categories
- Double your cash back for the first year
- With 0% introductory APR on purchases and balance transfers
Cons
- Bonus rewards are capped at $1,500
- Bonus rewards need to be activated every quarter
- Listed spending categories can be limiting to cardholders
- Freeze it®: You can freeze your account on the Discover mobile app or website to prevent new purchases, cash advances, and balance transfers if you misplace your card
- $0 fraud liability guarantee: Discover will not hold you responsible for unauthorized purchases made with your Discover it® Cash Back Credit Card.
- Free FICO® credit score: Your FICO® credit score, key factors, and other credit information are available on Discover.com and your statement. Note that these are based on data from TransUnion® and may differ from other credit scores and other credit information provided by different bureaus.
- Discover® identity alerts: You can get an alert from Discover on the following: Daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed on your report, daily monitoring of dark websites, and if your Social Security number is found on those sites.
- 5% cash back in rotating categories for each quarter.
- 1% cash back on all other purchases
Pros
- Premium rewards on rotating bonus categories
- Double your cash back for the first year
- With 0% introductory APR on purchases and balance transfers
Cons
- Bonus rewards are capped at $1,500
- Bonus rewards need to be activated every quarter
- Listed spending categories can be limiting to cardholders
- Freeze it®: You can freeze your account on the Discover mobile app or website to prevent new purchases, cash advances, and balance transfers if you misplace your card
- $0 fraud liability guarantee: Discover will not hold you responsible for unauthorized purchases made with your Discover it® Cash Back Credit Card.
- Free FICO® credit score: Your FICO® credit score, key factors, and other credit information are available on Discover.com and your statement. Note that these are based on data from TransUnion® and may differ from other credit scores and other credit information provided by different bureaus.
- Discover® identity alerts: You can get an alert from Discover on the following: Daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed on your report, daily monitoring of dark websites, and if your Social Security number is found on those sites.
If you are looking for an alternative personal credit card for business from the same issuer, we recommend the Discover it® Cash Back Credit Card. This card offers a long 0% introductory period on purchases and balance transfers and lets you earn up to 5% cash back on purchases—which you can redeem as a statement credit, an electronic deposit to a linked account, gift cards, and more.
Ramp Credit Card
Ramp Credit Card
BEST FOR:
Those who are using Ramp as their main financial management tool
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
- Up to 1.5% cash back on purchases, regardless of spending categories
Pros
- Offers rewards for cardholders
- Does not charge additional fees
- Offers direct integrations to notable accounting tasks
Cons
- Requires paying balances in full each month
- Is unavailable to sole proprietors and unincorporated businesses
- Travel and emergency assistance services: Call the Benefit Administrator at (800) 397-9010 if you are in the United States or (303) 967-1093 if you are outside of the US if you need emergency assistance.
- Purchase security: Receive a maximum of $10,000 per claim and $50,000 per cardholder in cases of theft or damage to purchases made with your card.
- Auto rental collision damage waiver: When using this card for renting a car, you can be reimbursed for damages caused by theft or collision up to the Actual Cash Value of most rented cars. Note that rental periods of 31 consecutive days are covered.
- Extended warranty protection: Extend warranties for eligible purchases made with your covered account and/or rewards programs associated with your account.
Ramp Credit Card is a viable alternative card if you are looking for a corporate charge card that lets you earn fixed-rate cash back rewards on all purchases. This card also offers a robust expense management system, making it easier to keep track of business expenses.
Emburse Spend Card
 Emburse Spend CardBEST FOR: Earning unlimited cash back rewards | |
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Spending Limit | Load Limit |
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Costs | |
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Consider the Emburse Spend Card if you do not want to incur debt and earn unlimited cash back rewards at the same time. This card also lets you monitor real-time transactions through Emburse Spend and create unlimited virtual and physical cards at no additional cost.
Frequently Asked Questions (FAQs)
Chase Slate Edge® is best known for providing a long 0% introductory period on both purchases and balance transfers. On the other hand, both the Chase Sapphire and Chase Sapphire Reserve are travel credit cards that provide enticing rewards, needed card protection, and travel perks.
Chase Bank does not have a physical location in Alaska or Hawaii.
Yes, it is difficult to qualify for the Chase Slate Edge® as it requires at least good personal credit standing. Note that your chances of getting the card will increase if you have a personal credit score of 700 and/or a steady source of income.
Bottom Line
Chase Slate Edge® Credit Card is a great personal credit card for business owners who don’t have any business credit score and need a credit card to use for large purchases. It offers an interest-free financing option of 0% on purchases and balance transfers for the first 18 billing cycles and doesn’t charge any annual fees. Additionally, you can reduce your interest rate by 2% when you pay on time and spend at least $1,000 on your card by your next account anniversary.
