56 day interest free
edited 30 November -1 at 1:00AM in Credit Cards
2 replies 631 views
My card (capital one classic) doesn't have the 0% for x months perk as I'm a student and am trying to build a credit rating/history. So I figured I can just use it for general expenses and pay it off each month and not get charged interest, yet reading the T&Cs it mentions a maximum of 56 days interest free. Does this mean providing I pay the minimum after each statement, I can hold off paying the full balance until say day 55 before incuring interest?
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