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• The number of days you have to pay your bill in full before an interest charge is assessed on purchases. It is the period of time between the date of a purchase and when the payment is due. This period typically does not apply to cash advances.

  Board of Governors of the Federal Reserve System - Cite This Source - This Definition
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  Cite Definition for Interest-free period

  American Psychological Association (APA)

  Interest-free period. (n.d.). Credit Card Consumer's Guide. Retrieved February 4, 2023, from website: http://www.expertglossary.com/definition/interest-free-period.

  Chicago Manual of Style (CMS)

  Interest-free period. www.federalreserve.gov. Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. http://www.expertglossary.com/definition/interest-free-period (accessed: February 4, 2023).

  Modern Language Association (MLA)

  "Interest-free period." Credit Card Consumer's Guide. Board of Governors of the Federal Reserve System. 4 February. 2023 http://www.expertglossary.com/definition/interest-free-period.

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