Interest-free period | askHanuman

posted: 4 years ago
Interest-free period | askHanuman

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Interest-free period

The interest-free period is a period where you do not pay interest on the money used with the credit card. The period is normally around a month after you spend money on your credit card.

Make sure you pay back what you have used on your credit card within the interest free period, and you will have free access to money whenever in need. Based on the fact that each monetary unit normally will be little less worth each year, an interest free access to money can save you (a little) money over time. The risk you take if you use the credit card to save a little bit of money over time is not considered worthwhile by many.

Despite detailed research we can not guarantee the accuracy or completeness of the information provided.

No Interest


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