Credit card interest

[yandmk]

When does a balance start to carry interest, on the due date or on the date the statement closes?
In other words, if I pay the minimum amount due before the due date, and pay up the rest of the previous statement balance before the statement closes, will there be any interest charge?
And is the rule the same with all cc issuers, or does it vary?

[as2]

When does a balance start to carry interest, on the due date or on the date the statement closes?
In other words, if I pay the minimum amount due before the due date, and pay up the rest of the previous statement balance before the statement closes, will there be any interest charge?
And is the rule the same with all cc issuers, or does it vary?

Not positive here, but I believe it varies by bank. Some charge by statement effective the day after the due date. I believe there are others ways they do it, but not sure.

[meshugener]

When does a balance start to carry interest, on the due date or on the date the statement closes?
In other words, if I pay the minimum amount due before the due date, and pay up the rest of the previous statement balance before the statement closes, will there be any interest charge?
And is the rule the same with all cc issuers, or does it vary?

You will begin to incur interest on regular purchases on the due date.
Cash advances may incur interest from the day of the transaction.