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    What is a purchase interest charge with Chase Credit Cards? Why was I charged it?
    I was charged a Purchase Interest Charge. I've never been given a charge like that before. What is it? Why did I recieve it? I know it's not a Purchase Finance Charge because I was already charged that.
    14 days ago 9 Answers

    Best Answer

    Call Chase 1-800 they'll explain it to you. Yesterday, in my CC statement, there's a $12.45 Fee charged. I called them and they told me because I made an international purchase (out of the country - TX) I said, I haven't been out of the country since 2009. They checked and there was an item that CAME from HK, but their store was TX USA. I told them, I was surprised this wasn't even stolen off my porch, it was a $2,000 item. I was supposed to sign item, and it was sitting on my porch for a week, and we're on vacation. I returned it, and CC credited my account. I'm still waiting for TX to credit my account.
    a few seconds ago

    Other Answers

    • I've been getting the same charges. I was told that the full balance must be paid by the due date. My thought was well that's what the minimum payment was for but the lady said that's the minimum to be paid per day to pay off the full balance by the due date. I was shocked bc I didn't know that honestly. I thought the minimum is monthly. Anyways, so the interest fee will be charge every month if the full balance isn't paid by the due date. SMDH !!! I told them well I'll try to pay if off and I'll call back to cancel my card!

      by Sopheap - 13 hours ago

    • When you do not pay back the money, they charge you interests, that's the main reason why they are in business: to charge you interests. RE: What is a purchase interest charge with Chase Credit Cards? Why was I charged it? I was charged a Purchase Interest Charge. I've never been given a charge like that before. What is it? Why did I recieve it? I know it's not a Purchase Finance Charge because I was already charged...

      by Anonymous - 13 hours ago

    • I paid Chase off before my due date and the next month they sent me a bill for $24.98 it was listed as a purchase finance charge. I suppose I got charged for paying off my full balance.

      by Lena - 13 hours ago

    • I just got an unexpected "Purchase Interest Charge" on my statement too. I usually pay my entire statement balance, so I was confused at who would be charging me interest (it's Chase, obviously) and why. But I just realized that last month I inadvertently missed the due date by a day. So even though I paid the entire statement balance, new charges had arrived, and since the payment was late, their fine print authorized them to start accruing interest on my card balance every day, and they hit me with that in the latest statement. Sneaky buggers.

      by Sumner - 13 hours ago

    • I had the exact same charge. They are now listing your finance charge as an itemized (like a purchase) charge on your statement. So that is indeed your finance charge, it is just called something else.

      by Jackie - 13 hours ago

    • I also had BMO charge me with an Interest Purchase Charge & was wondering what is it?

      by BUTCHOY - 13 hours ago

    • But why should you (we) be paying a purchase finance charge? They already charge the seller 3% or more. Isn't there supposed to be an interest-free p[eriod between the debit and your payment?

      by hughro2 - 13 hours ago

    • You'll have to call Chase and find out exactly what it is and why it was assessed. Chase (and some others) are adding so many new fees so fast, it's difficult to keep up. http://www.wisebread.com/watch-out-for-new-credit-card-policies-chase-card-holders-already-hit-with-fees

      by PooPooLaTrash - 13 hours ago

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