Most card providers do not apply the interest- free period on new purchases if credit card debt is carried over from previous months.

Name: Most card providers do not apply the interest- free period on new purchases if credit card debt is carried over from previous months.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

If a balance is carried over from previous months, most card providers will not offer an interest-free period on new purchases, meaning interest will be charged immediately on those purchases.

Most Card Providers Do Not Apply the Interest- Free Period