What are 45 days of interest free spending?

When using a Timo Mastercard, you have a maximum of 45 days where you can spend with no interest fees, including 30 days in the cycle and 15 days of payment term. To be more specific, Timo Mastercard’s statement cycle is from the 20th of the previous month to the 20th of the current month, plus 15 days for payment of the outstanding balance due.