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62 Interest Free Days Credit Cards

Looking for a card that offers affordability and cash flow flexibility? Find and compare credit cards offer interest-free periods for up to 62 days.

Amy Bradney-George
Amy Bradney-George

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Most credit cards provide an interest-free period when you pay your balance in full by the due date on each statement. Often known as “interest free days”, this feature allows you to avoid paying interest on purchases you make with your credit card for a specific number of days every statement cycle. Depending on the card, these can usually range between 44, 55 and 62 days.

Interest-free days start at the beginning of your statement cycle, and end on the statement due date. For example, if you make a purchase on the first day of your statement cycle using a card that offers up to 62 days interest-free, you would have 62 days to pay it off before interest starts to accrue. A purchase made on the second day of your statement period would have 61 days interest-free; purchases made on the third day 60 days, and so on.

Which cards offer 62 interest-free days?

While it’s common for credit cards to offer up to 44 or 55 days interest-free, there a small range of cards that offer up to 62 interest-free days. This gives you a greater amount of time to pay off your purchases without attracting interest charges.

Data indicated here is updated regularly
Name Product Purchase rate Interest-free period Annual fee Balance transfer rate
People's Choice Credit Union Visa Credit Card
People's Choice Credit Union Visa Credit Card
2.99% p.a. for 6 months, reverts to 12.95% p.a.
Up to 62 days on purchases
$59
2.99% p.a. for 6 months
Receive up to 62 days interest-free on purchases and the ability to use Google Pay or Apple Pay.
More Info
Beyond Bank Low Rate Visa Credit Card
Beyond Bank Low Rate Visa Credit Card
11.99% p.a.
Up to 62 days on purchases
$49
0% p.a. for 12 months
Receive up to 62 days interest-free on purchases, the ability to use Visa payWave and up to 4 additional cardholders at no extra cost.
More Info
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How to compare credit cards that offer 62 days interest-free

Before you're enticed by the promise of interest-free days, make sure you consider these other features and details when looking at credit cards that offer 62 interest-free days:

  • Annual fee. A credit card’s annual fee can offset the value you get from interest-free days. Make sure to consider the annual fee when comparing cards and opt for a card with $0 annual fee or a low annual fee if you want to save on overall card costs.
  • Purchase rate. If you don’t pay off the full balance of your card by the due date on your statement, the purchase rate will apply from the day each transaction was made. This means it’s important to always check the standard variable purchase rate for a card before you apply.
  • Cash advance rate. This interest rate is usually higher than the purchase rate, and typically ranges from 19–22% p.a. Note that cash advance transactions such as ATM withdrawals, gambling or foreign currency purchases are not eligible for interest-free days, so the cash advance interest rate will apply for these transactions from the day they are made.
  • Cash advance fee. If you use your card for a cash advance transaction, you will also have to pay a fee worth around 2–4% of the total transaction.
  • Foreign currency fee. Most credit cards charge a fee of around 3% for transactions made overseas or online with an international merchant.
  • Other fees. Depending on the credit card, you could have to pay fees in a range of other situations, such as going over your credit limit, making a late payment or requesting a printed copy of your statement.
  • Introductory offers. Many credit cards come with sign-up offers for new customers, such as low or 0% rates for purchases or balance transfers, bonus points or a waived annual fee. These deals can provide a lot of value in the short-term, but it’s important to also consider the ongoing features of the card to decide if it will also work for you beyond the honeymoon period.

If you regularly pay off the full balance by the due date on your statement, a credit card offering 62 interest-free days could give you more flexibility than most other cards. But remember to consider all the other features available, and compare a range of different options so that you find a card that fits all your needs.

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