Question category: Starting a savings habit
Tags: credit card interest  

This question concerns credit cards. To benefit from the 59-day interest-free credit, you need NOT pay the full balance that appears on your statement, because this balance may include transactions that are far less than 59 days old. This means that a statement should also have this information: MINIMUM PAYABLE TO AVOID INTEREST. This amount will be the TOTAL BALANCE DUE, less all transactions whose 59-day limit will occur after the next statement date. (These transactions can be paid by the next statement date, also without incurring interest.) Does any credit card supplier include this information I their statement? (You could do this manually, but the bank can just program the software to do this easily. They may get less money in per month, but I will be optimizing my cash flow, and benefitting fully from the interest-free period.) Or is my reasoning flawed?