InvestorQ : What is the interest-free introductory period of a credit card balance transfer?
Rohan Bhadani made post

What is the interest-free introductory period of a credit card balance transfer?

Answer
user profile image
Nishita Gala answered.
2 years ago


Every time a user transfers balance from one credit card to another, the bank offers the card holder a grace period or buffer period to clear their outstanding amount at low or zero interest rates.

This time period is known as the interest-free introductory period or the buffer period.