Uncovering how a credit card grace period works
The thing to remember is that your most recent charges don’t accumulate interest during that stretch of several weeks or more — as long as you pay off your balance each month. Depending on the length of your grace period, you’ll have nearly the full billing cycle of about a month,the grace period of several weeks or more. That could give you close to two full months to pay off your balance without any interest, allowing a bit more financial flexibility when planning your budget.
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