Reserve Bank of India permits credit card billing cycle change
NewsBytes | April 24, 2026 6:40 PM CST
Timing purchases maximizes interest free period
With the new rule, it's easier to get the most out of the interest-free period (usually 45 to 50 days) by timing big purchases right after your statement date.
Plus, paying on time is still key for keeping a healthy credit score and dodging late fees.
Overall, these changes give you more flexibility to manage spending and stay on top of payments.
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