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Home » Credit

How does the 55 days interest free period works on a credit card?

Submitted by on October 22, 2009 – 11:24 amNo Replies


A web user asks, Hi guys

I applied for my 1st credit card and activated it on 7th March 2008 with 55 days interest free period. I only want to use the credit card to build my credit card rating by paying it off regularly.

I’m not sure how the 55 days interest free works. Could anyone tell me how it works with example?

When will the 2nd period of 55 days interest free start again?

In Australia, where can I shop with credit card without paying a credit card surcharge?

Many Thanks!

Can you help them out? Post your advice!

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