The fastest way I’ve seen people dig out of credit card debt is by using a balance transfer card. It pauses the interest, allowing you to go HAM on the balance.
And the Chase Slate® card (see rates and fees) has one of the best offers right now. It has an extra long 0% intro APR window, plus helpful tools for your payoff journey.
Here are all the details you need to know.
Nearly two years to pay down debt without interest
The Chase Slate®’s headline feature is 0% Intro APR on Purchases and Balance Transfers for 21 months (then a 18.24% – 28.24% Variable APR thereafter).
That’s one of the longest interest-free windows on any card right now.
Here’s why that long runway is a big deal: The average credit card interest rate sits around 21% APR right now, according to Motley Fool Money research. On a $6,000 balance, that’s roughly $100 a month vanishing into interest before you touch what you actually owe.
The Chase Slate® effectively “pauses” your interest, so 100% of each payment gets applied to your balance. This lets you pay down the balance faster, and cheaper.
What a balance transfer to the Chase Slate® saves you
Like most balance transfer cards, the Chase Slate® charges a balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater. But the interest you save outweighs that fee wildly.
Here’s an example.
Let’s say you’re carrying a $6,000 balance at 21% APR, and paying $300 payments per month. On that schedule, you’d hand the bank about $1,450 in interest and it would take 25 months to become debt-free.
Now let’s compare what the Chase Slate® can do. If you transferred that same balance and made $300 monthly payments, you’d clear the debt four months sooner, and pay exactly $0 in interest.
The balance transfer fee would cost $300 (5% of $6,000), but saving $1,450 in interest means the net savings is about $1,150.
Same monthly payments, totally different result.
Additional perks that help along the way
The Chase Slate® is a no-frills debt payoff card. That means no rewards, travel perks, or bells and whistles.
But for paying off debt and helping protect your credit, it’s got some great little features. Here are some of my favorites:
- Automatic credit limit increases: every six months Chase will look at your payment history and spending and determine whether you’re eligible for a credit limit increase.
- Purchase protection and extended warranty: Chase Slate® is one of the few balance transfer cards that offer these. So if something gets stolen or busted right after you buy it, you could be covered.
- Chase Credit Journey: You can check and monitor your credit score, receive customized score improvement plans from Experian™, and benefit from identity monitoring — all for free.
Who the Chase Slate® is best for
The Chase Slate® is best for anyone carrying a balance who wants the longest realistic runway to pay it off interest-free. It’s also great for anyone financing a big upcoming purchase.
If cash back or points are your goal, this isn’t your card. Since there’s no rewards program, it’s not built for everyday use. If you want to see how it compares against other options, check out all the best balance transfer cards for 2026.
But if you’re paying a boat load of interest right now and need some relief, this is one of the best offers to jump on. Strong applicants have credit scores in the good to excellent range (670+ FICO), so be sure to check your credit before you apply.