Question

Usually, if you pay the total amount that you have charged to your credit card within the month, the bank does not charge you anything. True or false?

Answer 1

that is correct, the bank only starts charging interest if you do not pay the bill by the end of the month

I hope I've helped!

Answer 2

The statement is true.

Explanation:

Usually, if you pay the total amount that you have charged to your credit card within the month, the bank does not charge you anything.

This is true.

The interest or late fee is charged after 1 month or 45 days period. Before this time you have to pay the amount spent only and not interest.

Bills paid after this period are charged with interest.