xtremebrazerzkidai.blogg.se

If you can pay off the debt in that time, you could potentially save, well, all of the interest you would have paid on another credit card.Ĭertainly, you want consider the balance transfer fee (intro fee of 3% of each transfer with a $5 minimum for the first 60 days). If you transfer credit card debt to this card, you'll have 18 months during which that debt will just sit on the card without interest accruing from month to month. The catch is that if you don't pay it all off in 18 months, of course, you will owe interest on those purchases remember, the rate jumps to RegAPR after the intro period, so that could add up fast if you've spent 18 months accumulating a balance and not paying it off.Īdditionally, if you already have credit card debt on a credit card with a high APR, transferring it to a Chase Slate Edge SM could also save you money, and here's where this credit card really delivers. For 18 months, you can buy whatever you want – as big as a refrigerator or as small as a bag of jelly beans – and pay no interest. If you have anything you need to buy ‐ and pay off later – without worrying about interest, well, this would be a good credit card to consider. That 0% intro APR will help your bottom line. If you skimmed the benefits laid out above, you can see at a glance how this card will save you money, but for those who are detail-oriented, we'll drill down. This new card is focused on a great balance transfer offer, but goes a step further in terms of helping you save money. If the card name sounds familiar, you're likely remembering the old Chase Slate card once upon a time known for a lengthy balance transfer period and a truly rare feature – no balance transfer fee.

Access to Chase's digital credit tools like Credit Journey and My Chase PlanĮxcellent, Good, Limited History, No History, Limited, No Credit HOW CAN SLATE EDGE SM SAVE YOU MONEY?.Automatic eligibility for a credit line increase if you make timely payments and spend $500 on your card in the first six months.Automatic consideration for 2% APR reduction if you make timely payments and spend at least $1,000 on your card by your next account anniversary.0% intro APR for 18 months from account opening for purchases and balance transfers (balance transfer fee applies after the intro period a RegAPR APR applies).Why? Well, there are some compelling benefits for people looking to manage and whittle down their debt, including: If that's you, you may want to check out the new CardName credit card. You also may be a little understandably squeamish that your growing credit card balance, one of these days, is going to hurt your credit score. Between the pandemic and the economic rollercoaster that resulted from COVID-19, you may understandably now be carrying a credit card balance that you'd like to get rid of.