What is considered late? Do you have a 7 day grace period from the date it is due? Or are you charged if the bill is due on 1/5/16 and you pay it on 1/8/2016 is this late or is this in the grace period? Or is there even a grace period?
This card has a 23-day grace period, which means interest charges will begin to apply 23 days after your first due date. If you pay your bill in full within this window every month, you will not be assessed interest. However, if you carry a balance beyond your grace period, interest will begin to accrue on that existing balance as well as any new purchases that you make thereafter. You will have to pay your bill in full for two consecutive months to regain your grace period and stop interest charges. You can learn more here: http://wallethub.com/edu/how-credit-card-interest-works/25789/ . Hope this helps. Best of luck!
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