New Chase ‘Slate With Blueprint’ Credit Card 0% APR Offer.
I was curious when I first saw the ads on TV about what exactly Chase was doing with this new card, so I went looking. Seems the “Slate from Chase” card is a standard credit card with a few interesting features I had not seen before, such as separating out everyday purchases from big-ticket ones, meaning those everyday ones get paid in full each month, incurring no interest. You can then leave any more expensive items on the card (while paying interest, of course) and set a payoff date or monthly amount you want to pay towards it. I am a big advocate of never carrying a balance (except when you have a 0% offer to use), but at least with this card you can separate out smaller purchases from the bigger ones so you don’t have to pay interest on a tank of gas or something like that. With no annual fee and an introductory 0% intro APR on purchases and balance transfers for the first 12 months, it may be something you are looking for, especially if you are looking to consolidate debt at 0% interest. (Which I highly recommend you do – there really is no need to carry debt when offers like this exist)

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I understand the concept behind this but I still do not think that there is any real benefit to being able to split out purchases like this. Granted, one shouldn’t carry a balance anyway but still money spent in interest is exactly the same dollars coming from your pocket whether it is for a tank of gas worth $30 or a birthday present for grandma worth $30.