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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now