Recent content by Mielo10

  1. Mielo10

    How is Credit Card Interest charged by the different banks?

    Thanks. ABSA is using 2 billing cycles in its interest charge calculation. I want to know if other banks are also using 2 billing cycles.
  2. Mielo10

    How is Credit Card Interest charged by the different banks?

    How is Credit Card Interest charged by the different banks? ABSA uses a 2 billing period calculation. How does this compare? Lets say I was carrying a balance of R10 000 on 1 May and make a R150 purchase on 15 May, when the installment is raised (lets make it 30 May), how is the interest...
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