Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsMaybank Islamic MasterCard Ikhwan Platinum/Gold, Another Fantastic 5% Cash Back Card
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 Oct 8 2015, 05:19 PM
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#1
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Junior Member
148 posts Joined: Mar 2009 
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QUOTE(fruitie @ Oct 8 2015, 05:07 PM) Free interest period for all credit cards is 20 days not one month. Noob question here. Your bill cycle is 9th of this month to 8th of next month.  free interest is 20 days in bill cycle or from purchasing date? e.g : bill cycle 9th of this month to 8th of next month. purchase on 20th/oct. so i got 20days, or 8 day left? |
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Oct 8 2015, 05:29 PM
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#2
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Junior Member
148 posts Joined: Mar 2009
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QUOTE(fruitie @ Oct 8 2015, 05:26 PM) It depends on the merchant. It can be posted today or tomorrow. so the trick is, purchased on early bill cycle right? If it is posted after today, you get more free interest period as your due date will be 28th Nov.  Bill cycle. Purchase on 20th Oct, you will pay only on 28th Nov as it will be posted in Nov statement.  |
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