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Old May 27, 2013 | 10:22 am
  #3  
mia
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Ink Bold requires payment in full each billing cycle. This is mentioned in the marketing material:

No interest charges because it's a pay-in-full charge card
https://applynow.chase.com/FlexAppWe...DF01&SPID=F2NL

The A.P.R. mentioned in the terms applies in the event you default (i.e. fail to make the full payment.)

If you cannot pay in full each and every month you should probably be looking for a card with the lowest possible A.P.R. and forget about rewards. However, Chase does also offer the Ink Plus credit card which allows carrying a balance.
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