What is the grace period for making payments on a Capital One credit card?
Asked a year ago
The grace period for making payments on a Capital One credit card is typically 25 days after the end of each billing cycle. During this period, no interest is charged on new purchases if the full statement balance is paid by the due date. It allows customers to pay their balance in full without incurring any interest fees. However, it is important to note that the grace period does not apply to cash advances or balance transfers, as interest starts accruing immediately on these transactions. To take full advantage of the grace period, it is recommended to pay the full statement balance by the due date each month. This ensures no additional charges and helps maintain a positive credit history.
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