Americans paid $130 billion in credit card interest and fees in 2022, according to a new report. Here are three strategies to help limit those charges.
That’s interest charged from the time you get your statement. Not from the date of purchase. Which means no interest for upwards of 51 days if there’s a 21 day grace period.
This isn’t the big deal you’re making it out to be.
https://www.capitalone.com/learn-grow/money-management/credit-card-grace-period/
A lot of them are now at a 21-day grace period.
That’s interest charged from the time you get your statement. Not from the date of purchase. Which means no interest for upwards of 51 days if there’s a 21 day grace period.
This isn’t the big deal you’re making it out to be.