What is the correct definition of a grace period on a credit card?
a the amount of time a person has to wait to get approved for the card
b the number of years a person has to have worked before being able to get a card
c the number of days the customer can wait to pay for purchases without being charged interest
d the number of months the customer has to pay off a balance transferred from another card
c the number of days the customer can wait to pay for purchases without being charged interest
The correct definition of a grace period on a credit card is:
c) The number of days the customer can wait to pay for purchases without being charged interest.