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Stop paying credit card interest on new purchases

Pay off statement balance / To avoid interest on new credit card purchases, always pay your previous statement balance in full by the due date.

Pay off statement balance / To avoid interest on new credit card purchases, always pay your previous statement balance in full by the due date.

Many assume all credit card spending accrues interest if not fully paid off. However, credit card interest is typically calculated on the previous billing cycle's balance, not current purchases, as long as the prior balance was paid.

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