If you’ve damaged your credit score and are facing credit card debt, know that you’re not alone. Who is this card for? (Photo by John Gribben for The Points Guy)
New to The Points Guy? Sign up for our daily newsletter and check out our beginner’s guide. One of these is the Chase Slate Edge credit card, which has no annual fee and is designed specifically for those who want to reduce their existing debt and raise their credit score over time. Therefore, if you currently have credit card debt, your first step should be to prioritize reducing your account balance.įortunately, there are tools to help you avoid an exorbitant amount of interest and late fees. Here at The Points Guy, we know that the right credit card can unlock a whole suite of benefits and rewards that are simply not available when you use a debit card instead.īut there’s one major caveat: In order to avoid credit card interest fees, you must first pay your balance on time and in full.
This card comes with a lengthy introductory APR period to help you avoid interest for 18 months, plus several other incentives after you make consistent on-time payments. The Chase Slate Edge is tailored to those consumers who want to improve their financial profile, either by reducing their credit card debt or raising their credit score.