Originally Posted by
jrjcopp
Just received notice on changes to my Ink Bold card. There is now a set credit limit. There is now an option of carrying a balance.
I got the same letter today- it pretty much now mirrors the Plus card starting August 31, 2015. Instead of a "flexible" limit, it's now a fixed limit. Which was always crap. I always capped out right below the limit they ended up giving me as a "credit access limit" anyway. Just nice to have it formalized now as a "credit limit".
TOC said APR is 15.24%- 11.99 + prime and 0 fee first year, then $95.
They matched my limit on my Plus card, so now I basically have 2 "Plus" Ink cards with dueling high limits, except my Plus card is a Master Card and my Bold card is a Visa, which doesn't suck.
At least now I don't have to worry about what to do with the Bold card when they phase it out. This solution is totally ok with me and eliminates any desire to play app o rama to get a Sapphire anytime soon.