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
St. George Vertigo Mastercard	up to 55 days	$55.00	13.24% p.a	0.99% p.a	12 months		More Info
Macquarie Bank Visa RateSaver Card	up to 55 days	$50.00	11.95% p.a	0% p.a	4 months		More Info	Visit Website
ANZ Rewards Visa Platinum	up to 55 days	$149	19.74% p.a.	n/a			More Info
BankSA Vertigo Mastercard	up to 55 days	$55.00	13.24% p.a	0.99% p.a	12 months		More Info
BankSA Platinum Credit Card	up to 55 days	$89.00	15.99% p.a	3.99% p.a	6 months		More Info
BankSA Gold Low Rate Credit Card	up to 55 days	$79.00	1.99% p.a	1.99% p.a.	9 months		More Info
BankSA Starts Low Stays Low Credit Card	up to 55 days	$59.00	12.99% p.a				More Info
ANZ Low Rate MasterCard	up to 55 days	$58.00	0% for 3 months (then 13.24% p.a.)	n/a			More Info
ANZ Platinum Card	up to 55 days	$0 for 1st year, then $87	0% for 6 months (then 19.24% p.a.)	n/a			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.