Credit card charging interest after paid off

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What's residual interest on a credit card. Clearly, residual interest, or trailing your credit card agreement or gets to you and before. When your statement is issued, there's a period before it to keep an eye on for residual interest.

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How Credit Card Grace Periods Work
In this guide we explain the interest which could apply after you've made a full statement balance payment, known as residual interest. If you close your account after paying off your credit card debt, your issuer can still charge you for interest and fees that accumulated. You don't get late fees, but the money is still in transit, so the bank charges you interest between that time period. It's a sneaky thing every.