Chase Launches New No-Fee Chase Slate Edge Credit Card

happy couple online shopping furniture decorate house with carton packages new house

We may be compensated when you click on links from one or more of our advertising partners. Opinions and recommendations are ours alone. Terms apply to offers below. See our Advertiser Disclosure for more details.

Chase has just launched a new credit card, though odds are you won’t be lining up to get it. Dubbed the Chase Slate Edge℠ Credit Card, this card is an update of the Chase Slate® Card and is targeted towards those looking to build or repair their credit. Let’s take a look.

Chase Slate Edge Card Details

Chase Slate Edge card
Image Credit: Chase

As we stated before, the Chase Slate Edge card is geared towards those looking to improve their credit. As a result, it doesn’t earn any kinds of rewards for your spending. Instead, you have the opportunity to decrease your interest rate and raise your credit with on-time payments and minimum spending.

The card features:

  • Receive a $100 statement credit after spending $500 in purchases in the first 6 months of card ownership
  • Get an automatic 1-time review for a higher credit limit after making on-time payments and spending $500 in your first 6 months
  • Automatic consideration for a 2% APR reduction each year after making on-time payments and spending at least $1,000 on your card each year
  • $0 annual fee

Although the card doesn’t earn you any rewards, it does come with a few benefits:

  • Purchase Protection: Covers new purchases for 120 days against theft or damage, up to $500 per claim and $50,000 per account
  • Extended Warranty Protection: Extends your warranty by an additional year on covered items
  • Roadside Dispatch: An operator will dispatch any help you require, whether you’ve locked your keys in your car or need a tow — though fees for services apply
  • Rental Car Insurance: When charging the entire cost of the rental to your card, Chase will cover theft and collision damage in the U.S. and overseas; in the U.S., coverage is secondary to your personal insurance

Is It Worth It?

These are some pretty decent benefits for a credit card that doesn’t earn any rewards and costs nothing to hold, though they (obviously) pale in comparison to some of the other cards in Chase’s lineup, like the Chase Sapphire Reserve® Card or its little brother, the Chase Sapphire Preferred® Card, though you’ll have to pony up annual fees in order to receive these benefits.

If you’re looking to repair or build your credit, this card might be what you’re looking for. It’s not especially rewarding but can help you get into a better financial situation so that when the time comes, you can score some of those ultra-premium rewards cards we’re always talking about.

Final Thoughts

This latest credit card from Chase probably isn’t much to write home about for most of us in the travel community, especially since it doesn’t offer any ability to earn rewards. However, if you’re looking for a no-fee option with the ability to earn yourself a low APR, the Chase Slate Edge card may be a good option for you.

The information regarding the Chase Slate Edge℠ Credit Card and Chase Slate® Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer. 

Carissa Rawson

About Carissa Rawson

Carissa is a native Californian whose taste for travel began during her seven years in the US Air Force. A former Arabic translator, her first serious journey overseas was to Jordan, where a six month deployment taught her a lot about people and a little about award travel. What started as a curiosity quickly became an obsession, and soon she had launched her own website teaching others how to travel for free.

Travel prices are about to surge from pent-up demand.

Use this points strategy to lock in pennies-on-the-dollar pricing in 2021, all without being a frequent flyer...

How do I only pay $30 to go to Hawaii, $200 for business class to Asia or just $150 to Europe?

Discover the real-life strategies that anyone can use to enjoy limitless travel (even on a limited budget!)

Just sign up below and I’ll send you the Limitless Travel Playbook instantly:

We respect your privacy. Please view our privacy policy here.

Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.

Any thoughts or questions? Comment below!

Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. This site does not include all credit card companies or all available credit card offers that are on the market. Click here to see a list of advertisers that we work with.