New Delhi, Nov. 17 -- One of the most important features of a credit card is the zero-interest period, which typically stretches as long as 45 days.
This means if you use your credit card to buy a product or service on a particular date, you may have a period of one and a half months to clear all the dues. Here, we explain this for those who are not well-acquainted with this aspect.
The time period can vary from 15 days to as long as 45 days, depending on certain factors.
This period typically lasts for one and a half months because the last date usually falls 15 days after the end of a one-month billing cycle. This means the card users can make use of these 15 days, as well as during the time period of the credit cycle.
If you clear ...
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