bobbysharma (@bobbysharma)

How the Interest-Free Period is Calculated on Your Credit Card? The first day of the billing cycle, sometimes referred to as the statement period, marks the start of an interest-free period. Around 15 to 25 days following the final day of the billing cycle, this interest-free period will expire. The total amount due, at the conclusion of the interest-free period, the day the statement was issued, all transactions that were made, and the due date which is the day the interest-free period ends—are all facts that can be found on a credit card bill or statement. Read More: https://cardinsider.com/blog/how-the-interest-free-period-is-calculated-on-your-credit-card/