CREDIT CARDS WITH INTEREST FREE DAYS

The following Credit Cards all offer interest free days allowing you to save on interest charges. By paying off your balance in full by the due date, you can minimise or even avoid interest charges all together. This can mean huge savings over time. More Information on Interest Free Days

COMPARE CREDIT CARDS WITH INTEREST FREE DAYS
Credit Card	Interest Free Days	Annual Fee	Interest Rate	Balance Transfer		Reward Program	More Info	Apply Now
				%	Duration
Coles Myer Source MasterCard	up to 62 days	$0.00	20.25% p.a	0% p.a	6 months		More Info	Visit Website
AMEX David Jones Credit Card Apply	up to 56 days	$99.00	19.74% p.a				More Info
Citibank Gold Credit Card	up to 55 days	$149.00	20.49% p.a	2.9% p.a	12 months		More Info
Citibank Emirates Credit Card	up to 55 days	$229.00	20.49% p.a	3.9% p.a	9 months		More Info
Citibank Clear Platinum Credit Card	up to 55 days	$49.00 for 1st year (save $50)	11.49% p.a	0.99% p.a	6 months		More Info
ANZ Balance Visa	up to 55 days	$79.00	13.74% p.a	0% p.a	6 months		More Info
Citibank Silver Credit Card	up to 55 days	$89.00	20.49% p.a	2.9% p.a	12 months		More Info
ANZ Gold Visa Card	up to 55 days	$87.00	18.49% p.a	7.99% p.a	for first 6 months		More Info
Woolworths Everyday Money Credit Card	up to 55 days	$0 for first year then $49.00	18.74% p.a	5.99% p.a	6 months		More Info
St. George Vertigo Mastercard	up to 55 days	$55.00	11.99% p.a	2.99% p.a	6 months		More Info

  Interest Free Days Explained  

Interest Free Period:

The interest free period refers to the number of days where no interest will be charged for purchases made using your credit card. The number of interest free days is generally not given much attention by new applicants. Though it should be considered as the number of days can vary widely. Some credit cards offer 62 days interest free whilst a few offer no interest free days at all. The most common period of interest free days is 55 days.

Most people are also unaware that the interest free period is not automatically applied to all purchases. For example, if the interest free period for a credit card is 55 days then it does not necessarily mean that all your purchases get 55 days free interest period. The actual interest free period is dependent on the statement start and end dates and the date your payment is due.

To gain the maximum interest free days you should aim to make any large purchases at the beginning of your statement period. This way you will gain the maximum interest free days on purchases.

However you need to pay off your balance in full each month to take advantage of the interest free period. If you can take advantage of the interest free period and also pay your balance in full each month you will have almost no extra charges.