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Using Chase Slate card to get cash, transfer someone else's balance, or transfer balance from loan?

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Anonymous
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Using Chase Slate card to get cash, transfer someone else's balance, or transfer balance from loan?

I'm living without income for a while while I finish my PhD and am using 0% APR credit cards to help tide me through until I'm employed. I recently got a Chase Slate credit card. Is there a way to use the no fee 0% APR balance transfer to get cash or checks I can use to pay off my rent and utilities on free or low cost credit?

If that doesn't work, could I transfer a balance from my parent's credit card (and ask my parents for cash in exchange) and still get the no fee 0% APR feature?

If that doesn't work, could I use the balance transfer to pay off part of a personal loan (I took out a five-year loan at 6.25% APR in October)?

If that doesn't work, could I write convenience check (3% fee) to myself from my USAA card and transfer that balance to the Chase Slate card?

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2 REPLIES 2
Anonymous
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Re: Using Chase Slate card to get cash, transfer someone else's balance, or transfer balance from lo


@Anonymous wrote:

I'm living without income for a while while I finish my PhD and am using 0% APR credit cards to help tide me through until I'm employed. I recently got a Chase Slate credit card. Is there a way to use the no fee 0% APR balance transfer to get cash or checks I can use to pay off my rent and utilities on free or low cost credit? - You would have to call Chase and see if they will issue you convenience checks.  If they will then you can deposit those checks directly into a checking account.

If that doesn't work, could I transfer a balance from my parent's credit card (and ask my parents for cash in exchange) and still get the no fee 0% APR feature? -  Yes, that's doable

If that doesn't work, could I use the balance transfer to pay off part of a personal loan (I took out a five-year loan at 6.25% APR in October)? -  should be doable as well

If that doesn't work, could I write convenience check (3% fee) to myself from my USAA card and transfer that balance to the Chase Slate card? - Yes


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Message 2 of 3
Anonymous
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Re: Using Chase Slate card to get cash, transfer someone else's balance, or transfer balance from lo

Oh, also, is there a way to transfer margin debt?

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