Chase Slate Credit Card Agreement

The card is a credit card offered by Chase with no annual fee. While the card doesn`t deserve points or many benefits, this is an excellent starting card for those who need credit. There are really no other drawbacks; The card is for a specific purpose and that`s a lot of good! The minimum monthly payment formula is in your card member contract. It is usually a minimum of $25 and increases by size of your balance. For example, a $10,000 credit may have a minimum payment of $100. You pay 3% of the cost of using this card abroad. If you have high-yield credit card debt, it`s very helpful to close a credit transfer with the Chase Slate credit card. It has no annual fee, and you will receive 0% APR for 15 months, so you can pay more than a year to pay your balance without paying interest. And if you complete the transfer within the first 60 days of opening an account, you won`t have to pay a transfer fee.

To put it in perspective, keep in mind that the average credit card balance in 2019 was 6,028 $US, according to Experian. The Federal Reserve reported that the average interest rate on all credit card accounts assessed was 17.14%. If you had $6,028 of credit card debt on a card that weighed 17.14% on APR with a monthly minimum of $200, you would need 40 months to settle your debts and you would pay $1,912 in interest. Chase Slate offers some basic security features that are typical of most credit cards. Chase monitors your account for fraudulent activity and sends you notifications in case of unusual transactions. Look on the back of the credit card or check your latest monthly payment to find the exhibitor`s name. The bank, retailer or any other organization whose name appears on the front of the card may not be the real issuer of the card. You can also check the issuer`s website; As a general rule, the bank`s name is shown at the bottom of the issuer`s home page. Relatively long PRA period for transfers and purchases Are you applying for a new credit card? Learn more about the app Please see the offer price and packaging document for information on interest rates, fees and applicable fees. The Chase Slate Card offers you a free FICO score that the Chase Freedom Card doesn`t have. On the other hand, you get some low-level insurance benefits with the Chase Freedom Card, which doesn`t have the other card.

If you need help paying for your card, you can use the Chase BluePrint tool, which is a great tool to help you pay for credits and save interest. Depends on what you`re looking for. If you want a points card, the Chase Sapphire PreferredĀ® card is the best choice. However, if you only want to create credit, the Chase Slate card is the best choice.