If you have already taken out a loan, you will have to return it. And you won't be able to do without money. However, if you use a credit card with a grace period, you have a chance to return to the bank only the amount you spent without paying interest, that is, extra money.
It is necessary
- - card with a grace period for crediting;
- - money.
Instructions
Step 1
When applying for a credit card, ask the bank employees in detail about the terms of interest-free lending. The grace period usually lasts 50-60 days. Interest is not charged only in case of payment by card for goods and services at points of sale or on the Internet. If you have withdrawn cash from it, you will be charged interest not only on the loan, but also on the use of an ATM, including that of your bank.
Some banks do not charge interest when withdrawing their own funds from the card at their "native" ATM. But there are also those who charge an increased fee for any cash withdrawal from a credit card, including the client's money that he put on the card over the limit.
Usually, interest-free lending does not apply to transfers from a credit card account.
Step 2
Be sure to ask the bank how the grace period is calculated.
Try to remember the exact date of each payment and use the calendar to count the deadline for the payment. It is best to do this immediately on the day when you pay with your card again.
Step 3
Now all you need to do is to top up the card balance by the amount of the payment until the last day of the grace period.
It is best to deposit money through the bank's cash desk, through its ATM with the function of accepting cash and instantly crediting it to an account or transferring it from another account in the same credit institution. In these cases, the funds are immediately credited to the account, and no additional commissions are charged.
You need to find out about other possibilities of quick and free replenishment of the credit card balance at a specific bank.
