Question

What is the only way to avoid paying interest on a credit card balance?

Avoid paying your bill.
None of these answer choices are correct.
Pay the balance in full each month.
Pay the minimum monthly payment.
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Answer 1

The only way to avoid paying interest on a credit card balance is to pay the balance in full each month.

Step-by-step explanation:

The only way to avoid paying interest on a credit card balance is to pay the balance in full each month. By doing so, you eliminate the need to carry a balance and accrue interest charges. When you pay the balance in full, the credit card company does not charge any interest on the amount.

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