What is a billing cycle?

Modified on Mon, 30 Mar at 1:13 PM

It is a recurring 30-day period after which transactions and any interest, fees, and commissions owed to the bank are settled. Note that the cycle length is fixed, except for the initial cycle after signing the agreement, which may last from 3 to 30 days.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article