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Credit Cards

Wells Fargo Reflect Card vs. Chase Slate Edge: Which is the better 0% intro APR credit card?

Select compared the Wells Fargo Reflect and the Chase Slate Edge to determine the better 0% intro APR card.

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Wells Fargo recently unveiled the Wells Fargo Reflect® Card. It has an excellent introductory 0% APR offering with a maximum of up to 21 months of interest free financing for purchases and qualifying balance transfers, then 15.99% - 27.99% variable APR thereafter.

But how does it match up with another newly released 0% intro APR card, like the Chase Slate Edge℠?

Select walks you through the benefits of both cards so you can choose the one that best aligns with your financial needs.

Wells Fargo Reflect Card vs Chase Slate Edge

Chase Slate Edge℠

On Chase's secure site
  • Rewards

    None

  • Welcome bonus

    None

  • Annual fee

    $0

  • Intro APR

    0% for 18 months from account opening on purchases and balance transfers

  • Regular APR

    17.24% - 25.99% variable

  • Balance transfer fee

    Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that, either $5 or 5% of the amount of each transfer, whichever is greater.

  • Foreign transaction fee

    3%

  • Credit needed

    Excellent/Good

Terms apply.

Wells Fargo Reflect® Card

On Wells Fargo's secure site
  • Rewards

    None

  • Welcome bonus

    None

  • Annual fee

    $0

  • Intro APR

    0% intro APR for 18 months from account opening on purchases and qualifying balance transfers. Intro APR extension for 3 months with on-time minimum payments during the intro period. 15.99% - 27.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate

  • Regular APR

    15.99% - 27.99% variable APR on purchases and balance transfers

  • Balance transfer fee

    Introductory fee of 3% ($5 minimum) for 120 days from account opening, then up to 5% ($5 minimum)

  • Foreign transaction fee

    3%

  • Credit needed

    Excellent/Good

See rates and fees. Terms apply.

Welcome bonus

Neither the Wells Fargo Reflect Card nor the Chase Slate Edge offer a welcome bonus.

This doesn't come as much of a surprise given many 0% intro APR credit cards do not offer any sort of sign-up bonus.

Winner: Neither really win in this category since they both don't offer welcome bonuses.

Intro APR offer

Both of these cards are designed for consumers looking for an easy way to finance their purchases, or make a balance transfer, without accruing interest fees.

The Chase Slate Edge offers 0% intro APR for the first 18 months on purchases and balance transfers, 17.24% - 25.99% variable after.

The Wells Fargo Reflect offers 0% intro APR on purchases and qualifying balance transfers for the first 18 months from account opening, but with an extension for 3 months (totaling up to 21 months) with on-time minimum payments during the intro period, 15.99% - 27.99% variable APR on purchases and balance transfers after.

So, if you are simply looking for the longest 0% intro APR period possible, the Wells Fargo Reflect Card is your best bet if you know you can make on-time payments. You'll have nearly two years from account opening before you're charged interest on the card.

Winner: Wells Fargo Reflect® Card

Annual fee

Both of these cards have no annual fee, which is helpful to continue saving on your purchases.

Keep in mind that it isn't always a bad idea to pay an annual fee on a credit card, as these cards typically come with benefits to offset the cost of the fee. However, you won't have to worry about maximizing the value of either card since there's no cost to holding them.

Winner: Tie.

Be sure to check out our list of top no annual fee cash-back credit cards and top no annual fee travel rewards credit cards.

Additional perks

Each card comes with its own unique benefits. But neither of them come with rewards or cash back for spending on the card.

The Chase Slate Edge offers:

  • The ability to lower your interest rate by 2% each year when you pay on time and spend at least $1,000 on your card by your next account anniversary.
  • Purchase protection: Your purchases are covered up to 120 after purchases from theft or damage, up to $500 per claim.
  • Extended warranty: All manufacturer warranties are extended up to one year on purchases made with your Chase Slate Edge.
  • Rental car insurance

The Wells Fargo Reflect offers:

  • Cell phone protection: Up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with the Reflect card, subject to a $25 deductible.
  • Roadside dispatch: 24/7 on-demand referral dispatch network that provides emergency roadside assistance, towing, or locksmith service when you need them.
  • My Wells Fargo Deals: Through My Wells Fargo Deals, you can get access to personalized deals from hundreds of different merchants to save money on your purchases.

Winner: This one is closer, but the Wells Fargo Reflect® Card wins this one for its valuable cell phone protection. With iPhones costing over $1000, protecting this valuable investment with a complimentary policy makes this card even more worth it.

Bottom line

A 0% APR credit card is absolutely worth considering if you need a way to finance your purchases. Whether its purchasing a vacation, paying for your upcoming holiday shopping or transferring a balance from a different credit card with high interest rates, it's a great strategy to avoid accruing credit card interest charges. However, many personal finance experts recommend that should not overspend on a credit card and stick to a budget.

Between these two cards, if your sole purpose is scoring the longest 0% APR period that you can, consider the Wells Fargo Reflect® Card. With an industry leading intro APR offer, along with the cell phone protection, this card is an excellent option for anyone looking to extend their repayment period or consolidate debt.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Plenty of rewards and benefits including 4X points per dollar for dining at restaurants worldwide