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How does the interest free period work?

How does the interest free period work?

Purchases made on your credit card may be eligible for an interest-free period. The amount of interest-free days available will depend on the day on which you make the purchase within your statement cycle.

For purchase transactions to be eligible for an interest-free period, the closing balance on your previous statement must have been paid in full by it's due date.

If you do not pay the closing balance in full by the due date, interest will be charged on the remaining balance and any new purchases until the closing balance is paid in full.

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