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?