You can transfer up to $15,000, but if Chase determines your credit limit should be lower, you will be limited to the lower amount.
The 0% introductory APR also applies to purchases, making this card a good option for buying a larger item. If you've saved up to purchase some furniture, for example, you can use the introductory purchase APR of 0% to use the credit card issuer's money to improve your cash flow. This leverage technique is risky. If you end up using the credit card for an emergency, you can make it more difficult to repay your balance before the introductory period is complete. On the other hand, it leaves you with more cash in your bank account.
After the introductory period of fifteen months is complete, Chase will assign a variable APR to your purchases and balance transfers, currently ranging from 11.99% to 21.99%. You will need good to excellent credit to qualify for this Slate from Chase offer.
If you have good to excellent credit, the Slate® from Chase offers a 0% introductory APR on both purchases and balance transfers for fifteen months, without charging the dreaded balance transfer fee on transfers made within 60 days of account opening. All other transfers will be charged $5 or 3% of the amount of each transfer, whichever is greater. After the introductory period, purchases and balance transfer APR's will vary with the market based on the Prime Rate and is currently between 11.99% to 21.99% variable, depending on your credit history. In addition Slate® from Chase comes with Patented Fraud Protection and zero liability on unauthorized purchases.