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Question about Chase Promo APR Ending and Interest

aroundlsu
New Member

Question about Chase Promo APR Ending and Interest

My Chase Slate Promo APR is ending on June 6, 2021 and the 20% APR will be kicking in. I currently have a $10,500 balance on it but I have some options to pay it off so that isn't a big concern.

 

My question is, when does interest start accrueing? Will it be June 7 or will it be after that statements due date around July 3? Basically, is there a grace period on that balance as long as it's paid off in full by the statement due date?

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1 REPLY 1
FinStar
Moderator

Re: Question about Chase Promo APR Ending and Interest

Finance charges will accrue with the standard APR the day after your promotion expires, so beginning on 6/7.  Also, keep an eye for trailing interest afterwards.

Message 2 of 2
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