The grace period is the time frame (up to 55 days) during which you can use the bank's credit for purchases, and if you repay the entire amount spent, you do not pay any interest. ✨

What it means: If you pay for your purchases from the current month by the due date (usually the following month), you are exempt from paying interest.

Please note: Installment payments to partners do not affect the grace period; the interest rate for these payments is zero in any case.