Max Grace Period Length

Discussion in 'Credit Talk' started by caramon, Sep 22, 2002.

  1. caramon

    caramon Well-Known Member

    Hi, I was wondering if anyone has any cards with grace periods that last over 30 days?
     
  2. GEORGE

    GEORGE Well-Known Member

    20-25-30 ARE NORMAL...

    30+ PROBABLY NOT...

    The days stated is days after billing before payment is due...
    It is really easy to WORK the account to get like almost 2 months interest free if you have PAID IN FULL BEFORE THE PURCHASE...

    STATEMENT CLOSES 09/22/02...
    BUY A MAJOR ITEM ON 09/23/02...
    IT IS POSTED ON THE 10/22/02 BILL...
    DUE ABOUT 11/21/02...
     
  3. Marie

    Marie Well-Known Member

    Cap1 is a full 30... plus 30 til it's due... so you can get almost a full 60 days float ;)
     
  4. Scrivener

    Scrivener Well-Known Member

    I think Diners Club has 60 day grace.

    Scrivener
     
  5. slppryslp

    slppryslp Well-Known Member

    yeah, I remember reading that diners is 60.
     

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