Carrying a balance may also forfeit your grace period for the next month, meaning that it will take at least two months of full payments to wipe out a balance and restore the privilege. Even with a full payment of the balance in the next month, "trailing interest" can trip you up. Unless you have a mechanism to pay the bill immediately (such as online transfer from a bank account), so-called trailing interest can accrue during the few days that it takes your payment to arrive and be posted. To verify that your card has a grace period and how that grace period works, check the terms and conditions of your credit card agreement. Look for language that outlines when and how interest will accrue, and how grace periods can be lost and regained. Also verify which transactions qualify for interest-free treatment, because cash advances, balance transfers , and other non-purchases may be treated differently. http://theweek.com/articles/672286/how-avoid-paying-interest-credit-cards To get a bett

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