What is the appeal of the Chase Slate card vs the Freedoms? All three come with 0% balance transfer and purchases for 15 months.
So once the 15 months are up, of what use is the Chase Slate? At least the Freedoms give you an opportunity to earn rewards/cash back
after the 15 month period.
Am I missing something here? What's the appeal of the Slate? Why would somebody choose Slate over the others? I could see the appeal
if the Slate had maybe 24 months 0%.
@grillandwinemaster wrote:What is the appeal of the Chase Slate card vs the Freedoms? All three come with 0% balance transfer and purchases for 15 months.
So once the 15 months are up, of what use is the Chase Slate? At least the Freedoms give you an opportunity to earn rewards/cash back
after the 15 month period.
Am I missing something here? What's the appeal of the Slate? Why would somebody choose Slate over the others? I could see the appeal
if the Slate had maybe 24 months 0%.
Yea I have never understood the positioning of the Slate within Chase's card offerings, although I used to remember that the Slate did offer longer 0% terms, maybe that has changed recently. Another appeal was the free credit score. Interesting tidbit, the Slate is the only card that Chase offers that is never issued as a Visa Signature.
Gardening until September 2025
@Anonymous wrote:I've never had any of these Chase cards, but my understanding was always that the Slate was "better" for balance transfers. I always thought this was because the Slate offered a longer 0% period. However, if you are saying that the Freedom offers the same exact intro 0% term, there isn't much point to the Slate.
The only other thing I can think could be a factor is that the Slate may be easier to acquire. If it's easier (generally speaking) to get approved for Slate over Freedom, that could be a reason that people decide to app for that product over the other. I don't know if this is the case though, just throwing out another idea to consider.
Another odd thing about the Slate is that even though is it easy to get, it is bound by 5/24, which makes no sense at all since it has no UR structure.
Discover2016 wrote
Another odd thing about the Slate is that even though is it easy to get, it is bound by 5/24, which makes no sense at all since it has no UR structure.
That was my next thought, why is the Chase Slate bound by the 5/24 rule, if it has zero rewards structure.
The original purpose of 5/24 was to slow down churners. There's nothing to churn with the Slate!
@Anonymous wrote:
The only other thing I can think could be a factor is that the Slate may be easier to acquire. If it's easier (generally speaking) to get approved for Slate over Freedom, that could be a reason that people decide to app for that product over the other. I don't know if this is the case though, just throwing out another idea to consider.
This is an interesting point. If one would NEED a balance transfer card, that would indicate that one is carrying a balance somewhere.
Theoretically, this would indicate score suppression under the Fico algorithm. Under that framework, you could theorize the underwriting criteria for the Slate should make allowances for such approvals. If it does NOT, it would render the Slate a Catch-22 situation.
Any Slate approval data points to compare against the Freedoms??
longtimelurker wrote:
This has made Slate the first choice for those needing a big BT (and often disappointment as the Slate doesn't always offer big enough starting limits).
Again, this would make it somewhat useless! What a strange little card!