Is 55 days interest-free really 55 days?
A predetermined interest-free period is a feature of most credit cards, with most banks offering you "up to" 55 days before your purchases start to incur interest. Absa and African Bank offer longer terms of up to 57 days and 62 days, respectively...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.