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Average Daily Balance

The average daily balance is calculated by adding each day's amount and dividing by the number of days in a billing cycle. This determines how much interest you must pay on your credit card debt.

Chase Sapphire Preferred® Card
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
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