Chase Ink Bold Changes: Ability to Pay Over Time and Stated Credit Access Line (Similar to...

Discussion in 'Blogstand' started by BoardingArea, Jul 31, 2015.  |  Print Topic

  1. BoardingArea

    BoardingArea News Feed

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    Good evening everyone, I just got home and checked my mailbox. Inside, there was a letter from Chase with details about upcoming changes to the Chase Ink Bold Business Charge Card, effective August 31, 2015. Here is the summary of both changes: Currently, the Chase Ink Bold is a charge card, meaning you must pay your balance in full, otherwise you will be charged a fee. The new Chase Ink Bold will allow you to pay your balance over time (instead of being charged a fee, you will instead pay interest on any balance that is not paid in full by your payment due date). Currently, the Chase Ink Bold has a flexible spending limit whereby you are allowed to go over your preset spending limit. The new Chase Ink Bold will have a stated credit access line (aka a credit line/limit) that will be shown on your monthly statement.

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