How long is the Mastercrad grace period?

This question is about Mastercard Credit Cards

April Lynch, Member

@april_lynch 09/03/20

The Mastercard grace period is 21 days on an average. Grace periods are determined by the issuing bank, not by the card network.

Grace period is the time between the close of a billing cycle and when your bill is due. And you won’t be charged interest during the grace period if you pay your balance in full by the due date every month.

Grace periods aren’t permanent, though. You will lose it if you don’t pay your bill in full one month. As a result, purchases will begin to accrue interest right away. And you’ll have to pay in full two months in a row to get the grace period back.

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