Grace period
The interest-free days between a purchase and the bill's due date, if you pay in full.
The grace period is the gap between your purchase and your bill’s due date when no interest is charged, but only if you pay the full bill. Pay less than the full amount and you lose the grace period, so new purchases start accruing interest right away.
Questions people ask
What is a credit card grace period?
The interest-free window between a purchase and the bill's due date. Clear the full bill within it and you pay no interest on those purchases.
How long is the grace period?
It varies by card and where you are in the billing cycle, often up to around 45 to 50 days. Check your card's terms for the exact window.
Can I lose the grace period?
Yes. If you carry any balance instead of paying the full bill, you lose the grace period and new purchases start accruing interest immediately.
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