Bid Number |
: |
128-EE10 |
Opening Date : |
August 23, 2005 |
Bid Title |
: |
Travel Credit Card Program |
Buyer |
: |
Barbara D. Jones |
Subject |
: |
Forty-five (45) day grace period. |
Question |
: |
Can you please clarify the minimum 45-day payment due date cycle? Does this encompass the 30-day statement cycle plus a 15-day grace period or, is a 45-day grace period required following the 30-day statement cycle. |
Answer |
: |
The minimum is a 45-day grace period following the end of the statement cycle. For example, if the statement closing period ends on the 30th of the month, the individual cardholder would have 45 days from the 30th to make the full payment. |
Date Posted |
: |
8/18/2005 8:03:16 AM |
Attachment |
: |
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