How does the 44 day interest free period work?
The 44-day interest free period on purchases is made up of your 30-day (monthly) statement cycle, plus 14 days from the statement date until the due date for payment. The interest free period you receive will depend on when you make the purchase in the statement cycle. For example, if you make a purchase on the first day of your statement cycle, it will attract the maximum 44 interest free days from the time of purchase to the time the payment becomes due. Please note: to qualify for the interest free period you must have paid the balance of your previous statement in full and you must pay the current statement in full by the due date.
