HomeEducation Education Credit card to spice up your life: #2 Interest-free period Credit card to spice up your life: #2 Interest-free period

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Credit card to spice up your life: #2 Interest-free period

Credit card to spice up your life: #2 Interest-free period

Saturday, October 28, 2017, 3:08 PM
‘Interest-free period’ refers to the period between the date of a credit card transaction and the due date of payment. During this period, the credit-card issuer does not charge any interest on your transaction, provided your entire credit card dues are paid off by the bill due-date. This period can range anywhere from 20 to 52 days, depending on the date of your transactions.
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