topic Re: Is Chase Slate worth keeping? in Credit Cards

Is Chase Slate worth keeping?

Scott90 — Thu, 16 Apr 2015 14:57:39 GMT

I got a slate card last year to take advantage of the BT 0% offer but now that everything is paid off i dont see much use for it. I transferred the credit limit (all but 500) over to my freedom card. Now what?

Should i transfer the remaining 500 to my freedom card and close slate or is there some value in keeping the slate card that I am just not seeing?

Thanks in advance.

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 15:00:19 GMT

Ask them to upgrade you to the new Slate and save it for your free EX score.

Re: Is Chase Slate worth keeping?

kdm31091 — Thu, 16 Apr 2015 15:00:53 GMT

You can get your card PC'd to the Slate version with the free EX FICO (at least, most have been able to do that). Otherwise, if that's not a significant benefit for you, there is no other hidden benefit. The Freedom is a rewards card, the Slate is not.

However, with only 500 remaining on the Slate anyway you may just keep it open for the FICO if you are one who doesn't mind an "extra" card. I would be in the camp of consolidating and closing, but opinions vary.

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 15:00:56 GMT

You get a free Experian FICO with the Slate card with alot of score detail

Re: Is Chase Slate worth keeping?

Scott90 — Thu, 16 Apr 2015 15:04:01 GMT

Ah, i wasnt aware of the fico score with the new slate. I have a quick silver card so I get that credit tracker but obviously this one is a bit different.... How have people been getting it converted? Just sending a secure message? Any pulls on the credit report to get the card upgraded?

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 15:06:03 GMT

Credit tracker is a FAKO score so as useless as CK or CS.
No HP for an upgrade. Most people I've noticed sent a secure message request. You could also call.

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 15:07:25 GMT

@Scott90 wrote:
Ah, i wasnt aware of the fico score with the new slate. I have a quick silver card so I get that credit tracker but obviously this one is a bit different.... How have people been getting it converted? Just sending a secure message? Any pulls on the credit report to get the card upgraded?

It won't be a HP.

Also, Slate is one of only 2 or 3 places, and the only "big bank" that offers an EX score. Cap One Credit Tracker is a FAKO score, so it's nice to have a real Fico.

Edit: Beat again, HF this time...

Re: Is Chase Slate worth keeping?

Scott90 — Thu, 16 Apr 2015 15:09:25 GMT

Awesome, I appreciate the feedback.

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 15:22:06 GMT

@Scott90 wrote:
How have people been getting it converted? Just sending a secure message? Any pulls on the credit report to get the card upgraded?

I was converted a few weeks ago through Secure Message (SM). ... definitely not a credit pull.

They confirmed the change and I was able to use the Dashboard a week later.

Most free FICO Scores are TransUnion based and alot are FAKO scores.

Getting a free monthly Experian FICO is rare.

Re: Is Chase Slate worth keeping?

Odiseous — Thu, 16 Apr 2015 15:20:21 GMT

@Scott90 wrote:
I got a slate card last year to take advantage of the BT 0% offer but now that everything is paid off i dont see much use for it. I transferred the credit limit (all but 500) over to my freedom card. Now what?

Should i transfer the remaining 500 to my freedom card and close slate or is there some value in keeping the slate card that I am just not seeing?

Thanks in advance.

I had the same situation. I was contemplating closing it after the year passed, but procrastinated. Seven moinths later (in January), I had a couple of other BT offers expiring and Chase offered me another 0% BT for 12 months (2% BT Fee). At the time, that met, or beat any other BT offers I had at the time..

Re: Is Chase Slate worth keeping?

Scott90 — Thu, 16 Apr 2015 15:28:55 GMT

That's a great point and good to know! I just sent a secure message so we'll see. I am sure they will take care of it for me.

Re: Is Chase Slate worth keeping?

Runitup — Thu, 16 Apr 2015 16:40:22 GMT

@Odiseous wrote:
@Scott90 wrote:
I got a slate card last year to take advantage of the BT 0% offer but now that everything is paid off i dont see much use for it. I transferred the credit limit (all but 500) over to my freedom card. Now what?

Should i transfer the remaining 500 to my freedom card and close slate or is there some value in keeping the slate card that I am just not seeing?

Thanks in advance.
I had the same situation. I was contemplating closing it after the year passed, but procrastinated. Seven moinths later (in January), I had a couple of other BT offers expiring and Chase offered me another 0% BT for 12 months (2% BT Fee). At the time, that met, or beat any other BT offers I had at the time..

This^^^^. If you value balance transfers with good fees and rates, I would keep it. I've only had the Slate for a short time but I assume they give BT offers periodically even after the initial offer is up.

Re: Is Chase Slate worth keeping?

Anonymous — Thu, 16 Apr 2015 16:40:31 GMT

IMO it's not worth an AAoA ding unless you plan on BTing something or making an intro APR purchase, but if you have it, it's well worth it to keep the card for the EX score.