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Upto 56 days interest free?

  • 24-08-2023 11:23am
    #1
    Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭


    Hi, I have a general question.

    It says interest free credit for 'upto' 56 days, how do I know how long it will actually be??



Comments

  • Closed Accounts Posts: 1,293 ✭✭✭Bank of Ireland Reps


    Hi there, Thanks for getting in touch with us.

    May we ask what product is it that you are currently looking at in relation to the interest free credit and we can assist you further with your query.

    Thanks, Sarah



  • Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭Jesus Wept


    Boo credit card



  • Closed Accounts Posts: 309 ✭✭Bank of Ireland: Eve


    Hi there, thanks for coming back to us here.

    Please see the link below for more info on BOI credit card interest free credit.

    https://bit.ly/3OTviqT..

    You can certainly contact our credit card team on 0818251251 and one of our credit card advisors can discuss this with you further.

    Thanks, Eve



  • Registered Users, Registered Users 2 Posts: 14,039 ✭✭✭✭Geuze


    The CC bill is issued on 4-Aug.

    The due date is 29-Aug.

    So you have 25 days after the bill issue date to pay the bill in full.


    You may have bought an item on 5-Jul.

    Therefore, the longest interest-free credit is from 5-Jul to 29-Aug.

    That is over 50 days.



    If you buy an item on 3-Aug, obviously you have 26 days interest-free credit.



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