I recently started using a credit card. I get the credit card statement by 22nd of every month, and the payment is due by the 1st of next month.
The full amount is automatically debited from my account on the 1st of every month.
Yet, I see there is always interest amount in my credit card statement. My bank says that my credit card is of a type set to "always pay the bills fractionally", and it doesn't matter even if I pay the bill in full.
Is there such a type of credit card? This is from one of the leading banks in Spain.