What does interest saving balance mean

what does interest saving balance mean

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This will save on interest. If you have a Chase pay the statement balance in.

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Credit Card Minimum Payments Explained
Highlights: Paying your credit card off in full monthly can allow you to avoid all interest charges, thanks to the interest grace period. Keep in mind: Once you set up a plan, you'll see a payment amount option called "Interest saving balance." When you choose this option, you'll still avoid. If your Interest Saving Balance for any billing cycle is less than your minimum payment due, your Interest Saving Balance amount will reflect your minimum.
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Your cardmember agreement contains written terms that govern your credit card account and represents a binding agreement between you and Chase. After the promotional period, the rate on any remaining balance will change to a standard purchase rate and the Interest Saver Payments will no longer be available. Why did I receive an email for a purchase that may be eligible for Chase Pay Over Time but when I went to enroll it was not available to be put into a plan? Tips for using your credit card while traveling abroad If a merchant operating outside the U. But the option is available only to Capital One cardholders who initiated a balance transfer at a promotional APR.