SOLUTION: write out your response. Is it possible to use a bank credit card for your purchases without paying anything for credit? If so, explain.

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Question 862136: write out your response. Is it possible to use a bank credit card for your purchases without paying anything for credit? If so, explain.
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


That would depend upon the rules for posting purchases and calculating interest for any given bank credit card. In general, given that a grace period after purchase is provided by the bank and if you pay off the outstanding balance on the card each month before expiration of the grace period, you can avoid interest charges.

John

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