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4 answers

No-- you won't be charged interest if you pay the bill before the 'grace period' ends. The grace period is the amount of time from the purchase date, that the credit card company won't charge interest. Normally grace periods are between 20-25 days. So you should make sure what your grace period is before you assume you don't owe any interest charges.

2007-03-14 10:50:29 · answer #1 · answered by Anonymous · 0 0

Depending on your credit card. A majority of the crdit cards have a grace period that if you pay your bill by that date you are not charged interest. This will usually be around 20-25 days.
If your card does not have a grace period or you have a balance from the previous month you are usually charged interest from the date of purchase.

2007-03-14 11:49:14 · answer #2 · answered by OC1999 7 · 0 0

No interests if you pay before the cycle.

http://simple-credit-cards-and-loans.com?=yh070314

2007-03-14 12:22:20 · answer #3 · answered by carlos 5 · 0 0

as long as you pay it before the cycle ends for example if the billing cycle ends on the 30th and you pay all of it by the 29th, then you should not have to pay any interest.

2007-03-14 10:36:16 · answer #4 · answered by nana 5 · 0 0

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