All credit cards (that I'm aware of) have the interest free period
Basically you only start paying interest if you don't settle in full on the day it states on the statement.
E.g. If you're statement date is 31st October, payment isn't due til say, 25th November, no interest is charged on purchases made before 31 October until 25th November.
Posted By: SimonOTBC on October 8th 2016 at 15:11:47
Message Thread
- Probably a GIYLF... (General Chat) - Dog, Oct 8, 14:04:35
- I got an Amex with Lloyds which was interest free on purchases and charge free for 12 mont (General Chat) - lurd, Oct 8, 17:27:10
- I got an Amex with Lloyds which was interest free on purchases and charge free for 12 mont (General Chat) - lurd, Oct 8, 17:23:08
- i use this on my travels (General Chat) - ghostof barry butler, Oct 8, 14:51:47
- Yep, if you use it abroad you'll get stung for the exchange fee, but not the purchase (General Chat) - Yellalee, Oct 8, 14:15:03
- Check your T+Cs, but normally purchases are purchases, wherever they are (General Chat) - Old Man, Oct 8, 14:14:31
- Gotcha - thanks. (n/m) (General Chat) - Dog, Oct 8, 14:19:57
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