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Ann: 2017 AGM Presentation, page-90

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prabhat

102 Posts.

25/11/17

17:52

Post #: 29115023
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Originally posted by Fike ↑

You are correct. It is a bit murky between the pure credit cards and charge cards. There are of course exceptions but basically the AMEX only charges interest if you are over due by a certain number of days plus a late fee. No interest is charged if you pay on time. With credit cards they charge interest from day 1 again with some exceptions depending on your plan and contract.

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Which credit card charges interest if you pay in full on time. They will charge from day one but only if you do not pay on time.

APT Price at posting: $5.23 Sentiment: Buy Disclosure: Held
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