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Question about Chase Promo APR Ending and Interest

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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 Emeritus

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.

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