Interest charges
If I start making payments prior the due date, and pay the full amount before the due date… will I still have to pay interest for each deposit I made before the due date ? Because this is how it shows
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Like all credit cards, Apple Card is a revolving account. Interest is not charged until the statement balance is not paid by the due date, after the grace period.
Once interest is charged, it’ll take a month for the interest charges to stop and your grace period to be restored.
Sound confusing? I know it can be if you’re new to credit cards.
You’re allowed to make 5 electronic payments per day, on your account. That’s a bit extreme. But many people pay on their account weekly until the end of their statement and then the pay any remaining balance in full.
I’m happy to answer any questions you have. You might want to read the terms and conditions of your account for a more in depth explanation.
https://www.goldmansachs.com/terms-and-conditions/Apple-Card-Customer-Agreement.pdf