A grace period is the period of time you have to pay your balance before interest or fees are assessed.

Name: A grace period is the period of time you have to pay your balance before interest or fees are assessed.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

A grace period is typically between 21-25 days and during this time, no interest or fees are assessed on your balance as long as you make at least the minimum payment by the due date.

A Grace Period Is the Period of Time You Have