What is the grace period for credit card payments?

Asked 6 months ago
The grace period for credit card payments at Associated Bank Credit Card Center is typically 25 days. This means that from the statement closing date, customers have 25 days to make their payment without incurring any interest charges. It provides a window of time during which customers can pay their balance in full or make a minimum payment before interest begins to accrue. It is important to note that the grace period does not apply to cash advances or balance transfers, as these transactions typically start accruing interest immediately. Customers are encouraged to refer to their credit card agreement or contact customer service for specific details regarding their individual grace period.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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