[quote=“TechMan, post:, topic:”]
So how can one avoid paying interest on a credit card?
I guess how credit card works is when you make a purchase, you have certain days to pay that bill. If you pay on time then no interest otherwise interest will be charged. So as long as you pay on time there will be no interest right?
Yes. The only way to avoid paying interest on your purchases is to make your payment on time every month.
Don’t forget the annual charges which will also need to be paid each year, amount depending on the bank being used. Also, banks may charge for SMS alerts, etc too.