What it means
The interest-free days between your statement date and due date. Pay the full statement balance and you pay no interest on purchases.
The interest-free days between your statement date and due date. Pay the full statement balance and you pay no interest on purchases.
The meaning, how it works in the UAE, and why it matters to your money.
The interest-free days between your statement date and due date. Pay the full statement balance and you pay no interest on purchases.
The grace period is the interest-free window between your card statement date and your payment due date — often around 20 to 25 days in the UAE.
Pay the full statement balance within it and you pay no interest on purchases at all.
Which of these best describes Grace Period? Tap an answer.
Guides that use this term — and a tool to put it into practice.