What is the Visa credit card grace period?

Visa credit card grace periods are 21 days to 25 days long, depending on the credit card company issuing the Visa card. Chase’s Visa credit cards have a 21 day grace period, for example, while Capital One’s Visa cards have a 25 day grace period.

A Visa credit card grace period is the window during which you are allowed to pay your Visa credit card bill without having to pay interest. If you carry any balance between billing cycles, you will lose your Visa credit card grace period and will be charged interest on the unpaid portion of the balance. Any new purchases will then be charged interest daily, until you pay your full statement balance two billing cycles in a row.

Here are some Visa credit card grace periods:

• Bank of America Visa Cards: 25 days
• Barclays Visa Cards: 23-25 days
• Capital One Visa Cards: 25 days
• Chase Visa Cards: 21 days (20 for business)
• Citi Visa Cards: 23 days
• PNC Visa Cards: 21 days
• Synchrony Visa Cards: 23 days
• USAA Visa Cards: 25 days
• U.S. Bank Visa Cards: 24-30 days
• Wells Fargo Visa Cards: 25 days (21 for business)

The Credit Card Responsibility and Disclosure (CARD) Act of 2009 says that issuers don’t have to have grace periods. But if they offer one, it must be at least 21 days. If your Visa credit card has a grace period, the issuer is also required by law to include those details in your credit card agreement. But grace periods aren’t always clearly defined. In fact, you may not see the term “grace period” anywhere in your credit card agreement or on your monthly statement.

On the “Interest Rates and Interest Charges” chart, look for something that reads, “Paying Interest” or “How to Avoid Paying Interest.” There you will find the number of days of your grace period and all the conditions that apply. You can also call your card’s customer service number on the back of your card with any questions on grace periods.

There is no Visa credit card grace period for cash advances. There is also no grace period on balance transfers. You may have a Visa card with a 0% promotional APR on balance transfers, but that is not the same as a grace period. You still technically owe interest, it’s just 0%. To avoid interest on new purchases after you transfer a balance, you must pay your Visa card in full by the due date. This includes any transferred balances.