Does any of that jizz matter if I always pay it off on time?
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Check the cards terms, many have a period of interest free when paid off in full, usually between the first day of the statement period and its due date (56 days) however, not all have this.
Also, not all transactions are equal.
Purchases at Amazon, your local supermarket etc will be ok. But gambling, travel currency and cash withdrawals are classed as ‘cash’ purchases and will be charged interest from day one. There is also a fee for cash…
On the matter of fees, most are to discourage you from missing a payment or using the card for cash purposes. However, annual fees that you pay for the privilege of having a particular card may also apply, no matter how much or little you use the card.
TL;Dr – read your cards terms.
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