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 doesn’t charge annual fees, and your large purchases can be split into monthly installments with My Chase Plan®. 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 ownership.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to Compare to view the details in a side-by-side comparison.
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.
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.
See our recommended alternatives below if this card isn’t the best fit for your business. Alternatively, you may check out our lists of the top Chase business credit cards and best small business credit cards to find an option suitable for your business.
Chase Slate Edge® Credit Card Rewards
Chase Slate Edge® Credit Card doesn’t offer any rewards.
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: Real-time fraud monitoring is enabled by Chase for possible signs of fraudulent activity. In the event of unusual activity, Chase will notify you via phone, text, or email.
- Roadside dispatch: If you have a roadside emergency, 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: 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 Dec. 31, 2024). After three months, you’ve enrolled automatically in DashPass at 50% off for the next nine months.
- Instacart+: Receive three months of Instacart+ membership with unlimited deliveries, a $0 delivery fee, and reduced service fees. Note that you’ll need to enroll by July 31, 2024.
My Chase Plan
Pay over time by breaking up card purchases into budget-friendly payments with no interest charges—just a fixed monthly fee with Chase’s My Chase Plan®.
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 18.24% variable APR based on the prime rate of 8.50% as of August 1, 2023). 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, balance transfer, and My Chase LoanSM: 20.49% to 29.24% variable, which will adjust with the prime rate
- Cash advance: 29.99% 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: None
- My Chase LoanSM (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 My Chase Plan 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: None
Your due date is at least 21 days after the close of each billing cycle.
- Online or Chase Mobile® App: Go to chase.com/paycard to sign in and make a payment online. You can also enroll in automatic payments through the website or mobile app. When you enroll, specify the deposit account from which your payment will be deducted and how much you’d like to pay, such as the full statement balance, minimum payment due, or any fixed amount.
- 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—and don’t send cash. Mail your payment to the following address:
Cardmember Services
PO Box 6294
Carol Stream, IL 60197-6294
Alternatively, you can send your payment via overnight mail to the following address:
Chase Card Services
201 N. Walnut St.
Del-0153
Wilmington, DE 19801
- Nearest Chase ATM or branch: Find the nearest Chase ATM or branch.
Chase Slate Edge® Credit Card Alternatives
Capital One® Spark® Classic for Business
Capital One Spark 1% Classic
BEST FOR:
Those with fair credit
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
When To Consider the Capital One® Spark® Classic for Business
- You have fair credit: It is the only unsecured business credit card that requires business owners to have fair credit standing to qualify.
- You wish to earn fixed-rate cash back rewards: It lets you earn an unlimited 1% cash back on all purchases, with no limits or category restrictions.
Other Benefits
- Build and strengthen your credit score when using the card
- Choose your preferred monthly due date, making it easier to control when you want to pay your credit card balances
- Issue employee cards at no additional cost
Its fixed-rate cash back rewards and $0 annual fees are why it is our leading business card for fair credit. Check out our guide to the best Capital One business credit cards for more options from the issuer.
Valley Visa® Secured Business Credit Card
Valley Visa® Secured Business Credit Card
BEST FOR:
Those who need a secured business credit card with fixed-rate cash back rewards
- 1% unlimited cash back on all purchases
Pros
- Customers with limited credit history or credit issues can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
Cons
- Credit limits are up to $25,000 only
- Requires a security deposit equivalent to 110% of requested credit limit
- Up to 25 free employee cards only
- Online account access
- Immediate fraud protection alerts for suspected fraudulent transactions
- Visa purchase alerts
- The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use
- 1% unlimited cash back on all purchases
Pros
- Customers with limited credit history or credit issues can still qualify
- Offers 0% APR on both purchases and balance transfers for six billing cycles
- $0 annual fee
- Offers 1% unlimited cash back on all purchases
Cons
- Credit limits are up to $25,000 only
- Requires a security deposit equivalent to 110% of requested credit limit
- Up to 25 free employee cards only
- Online account access
- Immediate fraud protection alerts for suspected fraudulent transactions
- Visa purchase alerts
- The card reports account information and transactions to major credit bureaus each month, helping users build credit with responsible use
When To Consider the Valley Visa® Secured Business Credit Card
- You have poor or limited credit history: It lets you build your credit history, which can help you qualify for an unsecured business credit card.
- You have a Valley National Bank business checking account: It will be advantageous to get this card to manage all of your financial transactions within one bank. You can check our Valley National Bank review for more information.
Other Benefits
- Get a 0% introductory period on purchases and balance transfers for the first six billing cycles
- Qualify for the card after making a security deposit of 110% of your desired credit limit, up to $25,000
- Earn an unlimited 1% cash back on all purchases
This card is our top secured business card and one of our leading business cards for bad credit due to its 0% introductory period, fixed-rate cash back rewards, and the ability to establish your business credit history.
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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When To Consider the Emburse Spend Card
- You do not want to incur any credit debt: As a business prepaid card, it lets you use only the money that you load into the card.
Other Benefits
- Receive an unlimited 1% cash back on all purchases
- Load up to $100,000 and request an increased limit (subject to additional review and approval)
- Set amount restrictions depending on your business needs
Emburse Spend Card is our best business prepaid card and one of our best business cards for bad credit and best business cards for fair credit.
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.
