BoI have [broken link removed] on what makes up an interest free period for credit cards.
In a nutshell, more transaction types are excluded from an interest free period.
In a nutshell, more transaction types are excluded from an interest free period.
Interest
(b) Interest Free Periods.
(i) Cash advances: There is no interest free period for cash advances or cash
advance fees and we will charge interest from the date the cash advance
transaction is posted to the Account, unless your Account is in credit to fully meet
the cash advance and the cash advance fee.
(ii) Cross Border Handling Fees: There is no interest free period for cross border
handling fees and we will charge interest from the date the transaction is posted
to the Account.
(iii) Purchases: If you repay us everything you owe us on the Account as shown
on a monthly statement by the payment date we specify in the monthly
statement, we will not charge you interest on any purchases shown in that
monthly statement. Otherwise, you forfeit the interest free period and we will
charge interest, on each purchase, from the date of the transaction.
We charge such interest at the rate we show you on your latest monthly
statements. This rate may differ from the rate in force on the date of the cash
advance or purchase