4 ms·
No, it's the statement balance. Most cards have a 20-25 day grace period where interest isn't charged on new transactions. As long as you pay the entire balance
by dandandan 10y ago
No, it's the statement balance. Most cards have a 20-25 day grace period where interest isn't charged on new transactions. As long as you pay the entire balance off once per month you'll pay $0 in interest.
- kenjackson 10y agoThat's not what the reviews say. See: https://www.amazon.com/gp/aw/review/B007URFTYI/R3VX95ER2W6096/ref=cm_cr_dp_mb_rvw_1?ie=UTF8&cursor=1 https://www.amazon.com/gp/aw/review/B007URFTYI/R3VX95ER2W609... There are several reviews that note similar things. I was just pointing out that it would be wise to actually read the terms since I don't think the grace period is a legal requirement.
- AjithAntony 10y ago>Amazon Rewards card from Chase years ago, from about 2005 to 2007 10yrs ago and probably a different product.