Credit Cards: 2 Ideal Ways to Use the Interest-Free Period

By ketkih | June 15, 2015

What would you do if you found a big bag of cash on the road? Grappling with all the possibilities?

Well, those possibilities could be your reality, if you use your credit card on the right day.

The interest-free period can be 45-55 days,beginning with the first day of the statement period (or billing cycle) and usually ending 15-25 days after the last day of the statement period.

Make optimal use of your interest free period by either postponing your purchase or making the purchase  with a second credit card that is still in its interest-free period.

 

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Find out more from How the interest-free period is calculated in credit cards

 

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