First Billing cycle vs. Next billing cycles

The first billing cycle is shorter. The interest-free period lasts around 30 days because:

• The billing period is 15–17 days long only.

• The due date is 15 days after the end of the billing cycle.

• So the total interest-free period in the first cycle is only about 30 days.

After your first billing cycle, your next billing cycles will follow a regular monthly schedule. This means your purchases can enjoy up to 45 days interest-free, boss!

• Regular 30-day cycle + 15 days until the due date = 45 days

Here’s a table to help you better understand how your first billing cycle compares to the next billing cycles, boss.