What I learnt is that these guys basically dont say what they mean.... Their logic works in such a way that you lose both ways... hakuna ujanja

Up to 50 days could even be 1 day! Its called lying with statistics!!

@cnn.. Good point

@amauriceus - if you are not interested in that statement cycle of theirs, then you shouldnt have the card in the first place.

How it works:
There is statement date e.g 10th, and payment date 30th. They are usualy about 20 days apart. so the card is guaranteed to have 20 days interest free period, if you clear the full amount before the payment date.

They run all your debts upto the statement date, and you need to pay the full amount before the payment date for the interest free period to work. so if your statement date is 10th, any debts from March 10th to April 9th will be due on April 30th (or thereabouts). However, any debts after April 11th will be captured in the next statement, and will fall due on May 31st, effectively giving you the "50" day interest-free period.

Please note, if you dont pay the full amount on or before the payment date, there is nothing like interest free period.

I think i cannot live without my credit card. Precisely, Visa card. This card is not only my travel insurance in my pocket but with it i enjoy special rates in some 4 or 5 star hotels around the globe in addition to being a mobility card. Sometimes i use it as a calling card even when cruising in the skies.
I love it because i can spend on credit, get a statement at the end of the month and i can exactly see how my money was spent. The payment of the bill is the bitter pill but since i spend on credit my un-spend checking account sorts it out. Because i do not want to be reminded of my pending bill, i get the closing dates and payment dates a year in advance but they are as well predictable. Closing dates are the 2nd last saturday midnight and payment is the tuesday after month-end.

Barclay card !!! wewe kwisa.Just get the money as soon as possible and PAY .Otherwise you should start expecting a all reminding you to pay up at midnight.