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Interest free period start date
ah45
Posts: 2
Newbie
Hi all, may seem a silly question but I have never had a credit card before.
What I’m wondering is does the interest free period start from when the card is sent out or from when the first purchase is made
thanks
thanks
0
Comments
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Neither.
It starts from when the account is created, so a few days before you receive the card.1 -
Thanks a lot0
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Can I jump onto this question please? Planning on using my CC to pay for quite a large purchase and want to give myself the full 56 days of interest free period to pay off the purchase. I am best off paying the day after my statement is generated? Thanks0
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You get a statement and in the statement is a due date.
So long as it’s paid before that due date then you won’t get charged interest on it.
0
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