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Ink Bold Full payment
I understand charge cards have to be paid in full at the end of billing period. Does Ink Bold have to be paid in full or does it offer minimum payment option?
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They list APRs, so it'd have to be a credit/pay-over-time deal.
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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 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. |
The Ink Plus also comes with 6 months 0% interest on purchases if that is of any use to you
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Yes, and the Ink Plus has the same bonuses as the Bold does, so if you intend to keep a balance, however big/small it is, the Plus is the way to go.
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