12/19/2023 0 Comments Chase slate cardIn other words, you may be able to transfer some or all of your credit line from another Chase credit card to your Chase Slate card, boosting your Slate limit. That said, Chase does allow cardholders who have multiple Chase cards to occasionally reallocate their credit lines. Only 3% of reviewers received initial limits above $10,000, and no one reported a limit over $20,000.Ĭredit Karma reviewers report an average initial credit limit of $3,000. Overall, it seems that if you’re looking for a balance transfer card for your five-digit credit card balance, reviews indicate you may need to look at other balance transfer card options. That said, you may fare better 16% of Credit Karma reviewers reported receiving a credit limit of $5,000 or above. Unfortunately, $3,000 can represent only the tip of the iceberg for some consumers. In particular, the average Credit Karma reviewer reported receiving an initial credit limit around $3,000.Ĭonsidering that you can’t transfer more than your credit limit can handle (in fact, most issuers, including Chase, tend to limit you to 90% your credit limit) the initial limit you’re given can make or break your balance transfer. The Achilles’ heel of the Chase Slate card is its credit limit, which many reviewers found a bit low for their balance transfer needs. Given all the pluses offered by the Chase Slate credit card, it can seem a little too good to be true to many consumers - and, to an extent, they may be right.
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