Chase Slate vs. Citi Double Cash

Chase Slate vs. Citi Double Cash

October 12, 2015         Written By John H. Oldshue

LowCards is a Citi partner. These offers, valid when the article was written, may have expired. View our full editorial disclaimer here.

Shopping for a credit card can be an overwhelming experience. There are close to 1,000 credit cards offered in the United States. When shopping for a new card, it is important to apply for one that meets your financial objectives. Perhaps that is obtaining the lowest interest rate possible because you know you’ll be carrying some debt from one month to the next. It could be you want a rewards card where using the card actually earns you money with every transaction. It all comes down to what you want a credit card to do for you.

Two of the very best credit cards on the market are the Chase Slate card and the . They both have some tremendous features, but they are targeted to two different types of consumers.

Let’s first review the similarities between these two cards:

* They are each issued by one of the largest banks in the United States: JP Morgan Chase and Citibank.

* Neither one of these cards has an annual fee.

* EMV chip. Both cards have an embedded chip to help strengthen the card’s security. This is also very helpful if you use a credit card for overseas transactions.

* Foreign Transaction Fee. Some cards on the market have no foreign transaction fee, but each of these cards charge a 3% fee for any purchase made outside of the United States.

But there is one extremely attractive feature on each of these cards that distinguishes them from each other, as well as practically every other card on the market.

card image
 Apply Now
The gives cardholders the opportunity to earn cash back twice: 1% cash back at the time of purchase and another 1% when payment is made, for a total of up to 2% cash back. This card offers 18 months of 0% APR introductory financing on balance transfers, with a 3% balance transfer fee, as long as the balance transfer is made during the first four months of being a cardmember. After the promotional financing rate expires, cardholders will have an interest rate of 13.99% – 23.99% (Variable) on the remaining balance, depending on your creditworthiness.

Chase Slate

If you are looking to transfer a balance from one card to another, the Chase Slate card is the most attractive card in the industry. In fact, the Chase Slate card was named as the best balance transfer card by Money Magazine for two consecutive years. Most cards charge a 3% fee on the amount of money you transfer, but if you do so during the first 60 days of being a Chase Slate account holder, you will not incur any balance transfer fee. This can be a significant savings.

In addition, Chase Slate cardholders can see their credit scores for free each month on their account statement. This allows them to monitor their credit and detect any problems quickly. The Slate card is the only Chase credit card that provides its customers with free access to these FICO credit scores.

Final Word

These two products are both outstanding credit cards. Which one is better for you will depend entirely on what you are looking for in a credit card.

If you have credit card debt and are looking to transfer your current balance onto a new card, the Chase Slate is the best balance transfer card. The ability to transfer the balance without a 3% fee is a very attractive feature. Keep in mind the Slate card does not have any kind of a rewards program. But people who are looking to pay down their credit card debt don’t need to worry about earning rewards on their purchases; they just need to pay off that balance as fast as they can.

If you pay your credit card bill in full and on time each month, then you should get a rewards credit card and earn money from making transactions on your card. The  is a tremendously lucrative card since you can earn 2%–double the industry average-on any purchase you make.

Note: The information for the Chase Slate has been collected independently by The product details on this page have not been reviewed or provided by the bank advertiser.

The information contained within this article was accurate as of October 12, 2015. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and may be compensated if you take action with any of our affiliate partners.


About John H. Oldshue

John Oldshue is the creator of He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for
View all posts by John H. Oldshue
Featured No Annual Fee Card
Top Features : Earn cash back twice. 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Featured Low Interest Card
Top Features : No annual fee; $150 statement credit after spending $1,200 in first 90 days; 0% on Purchases for 12 months and Balance Transfers for 18 months
Featured Balance Transfer Card
Top Features : 0% APR for 21 months on Balance Transfers and 12 months on Purchases; no annual fee, late fee or penalty rate
Featured Bad Credit Card
Top Features : Reports to all three credit bureaus, perfect credit not required for approval
Featured Fair Credit Card
Top Features : All credit types welcome to apply!