Personal Finance

Towards a Healthier Financial Future

Topic: "Grace Period"

← Curating the web to find the most interesting and helpful information about your money.

Word of the week

Grace Period

A grace period is the amount of time between the end of a credit card billing cycle and the day when your bill is due. During a grace period, interest is often not charged on your balance. Although the grace period varies per credit card issuer, it must always be at least 21 days following the conclusion of the payment cycle. Remember, grace periods do not apply to cash advances or debt transfers!

25 key terms everyone with a credit card should know →

← Curating the web to find the most interesting and helpful information about your money.