No interest...error?

[kayvee_]

So....this month I left more than the $1 balance on my BofA BBR card..and I got no interest charges. However, I no longer have the 0% promo rate. I checked my statement and it says the variable rate is 21.99%.

could this be a mistake? Should I call the bank or just count my blessings and keep it moving? 

[jsucool76]

You mean you paid your minimum payment, and left a balance on it after the due date? 

If yes) interest will appear on next statement

[kayvee_]

That's the thing....no interest appeared on my statement!!

[jsucool76]

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@kayvee_ wrote:

That's the thing....no interest appeared on my statement!!

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This is the statement after you left that balance?

So say your previous statement closed 7/23, and you had a balance of $500, and you paid the minimum, $25 - leaving $475 on the card

Now it is 8/23, your statement comes up, this is where your interest charge should be. 

[kayvee_]

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@jsucool76 wrote:

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@kayvee_ wrote:

That's the thing....no interest appeared on my statement!!

---

This is the statement after you left that balance?

So say your previous statement closed 7/23, and you had a balance of $500, and you paid the minimum, $25 - leaving $475 on the card

Now it is 8/23, your statement comes up, this is where your interest charge should be. 

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Correct, so For the example..I should have interest charges due to the $475 left on the card right? However, I have no interest charges. I think I am just going to count my blessings and sweep it under the rug.

[jsucool76]

Odd. Look for a "balance subject to interest rate" on your statement. 

[Anonymous]

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@kayvee_ wrote:

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@jsucool76 wrote:

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@kayvee_ wrote:

That's the thing....no interest appeared on my statement!!

---

This is the statement after you left that balance?

So say your previous statement closed 7/23, and you had a balance of $500, and you paid the minimum, $25 - leaving $475 on the card

Now it is 8/23, your statement comes up, this is where your interest charge should be. 

---

Correct, so For the example..I should have interest charges due to the $475 left on the card right? However, I have no interest charges. I think I am just going to count my blessings and sweep it under the rug.

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Just want to make sure you get the point, since your OP talked about "this month"

So: July 1 say, your statement cuts with a $500 balance, with a due date of Jul 28.  If you don't pay the $500 by Jul 28, the next statement, say Aug 1, will show the interest charges.   The July statement won't, even though there is a balance as you may pay in full

[kayvee_]

I just re-read your posts. I get it now... Too much candy crush today.LOL 

thanks folks!