An interest-free loan has no interest charged on it.
He was offered a £10,000 interest-free loan.
Many stores are offering interest-free credit.
Interest-free is also an adverb.
Customers allowed the banks to use their money interest-free.
interest-free in British English
(ˌɪntrəstˈfriː) finance
adjective
1.
not charging interest
We offer ten months' interest-free credit.
He was offered a £10,000 interest-free loan.
adverb
2.
without charging interest
He lent me some money interest-free.
Customers allowed the banks to use their money interest-free.
Examples of 'interest-free' in a sentence
interest-free
The interest-free period on purchases has also been getting longer.
Times, Sunday Times (2016)
So in effect we have an interest-free loan that needs to be paid off two years and three months down the line.
Times, Sunday Times (2016)
The increasingly long interest-free periods mean that it is easy to lose focus on repaying your debt and then have to pay heavy penalties.
Times, Sunday Times (2016)
You could provide interest-free loans up to 10,000 to help with the cost of annual season tickets.
Times, Sunday Times (2016)
The college is providing legal advice to people who want to change their citizenship status and also provides interest-free loans to help them through that process.
Times, Sunday Times (2016)
In this case, they might want to consider using an interest-free credit card instead.
Times, Sunday Times (2016)
With some, you get no interest-free period for those purchases until you have cleared the transferred balance.
The Sun (2016)
But experts are reminding consumers that just because it offers the longest interest-free period, it is not always best.
The Sun (2016)
We are offering interest-free payments so people in the stands can afford them as well.
Times, Sunday Times (2006)
The loans are interest-free for the first five years and repaid when the home is sold.
Times, Sunday Times (2014)
There is no interest-free period on cash withdrawals so you accrue interest from day one.
Times, Sunday Times (2007)
The loan is interest-free for five years.
Times, Sunday Times (2010)
The other leading high street banks offer staged interest-free overdrafts.
Times, Sunday Times (2009)
It is also offering an interest-free period on purchases for the first six months.
Times, Sunday Times (2007)
The length of the interest-free loan varies.
Times, Sunday Times (2009)
Most give you a year or two to clear your interest-free overdraft before making amonthly charge.
Times, Sunday Times (2008)
Employees can buy discounted cycles for work and are offered interest-free public transport season ticket loans.
Times, Sunday Times (2010)
The government loan is interest-free for the first five years.
Times, Sunday Times (2014)
Hunt around for interest-free overdraft alternatives or options with lower charges.
The Sun (2012)
But the best deal is the account which offers the biggest interest-free overdraft.
Times, Sunday Times (2014)
It plans to use the interest-free loan to expand through acquisition.
Times, Sunday Times (2008)
Loans from the scheme are interest-free for five years and can be repaid when the property is sold.
Times, Sunday Times (2011)
Switching an overdraft balance to a new bank can also enable you to benefit from a prolonged interest-free period.
Times, Sunday Times (2009)
She should look for cards with long interest-free periods on purchases and also those that offerperks that she uses.
Times, Sunday Times (2009)
You can avoid this by transferring your balance to another credit card and enjoy a further interest-free period on the sum transferred.
Times, Sunday Times (2010)
Six months' interest-free credit was obviously not good enough.
Times, Sunday Times (2006)
The lender has recently been promoting a credit card with one year 's interest-free credit on purchases and balance transfers.
Times, Sunday Times (2008)
Many providers offer lucrative interest-free deals, so to sustain these offers they need to charge interest and fees on other parts of their range.
Times, Sunday Times (2015)
If you know you are bad at handling money, look instead at a bank that gradually raises the amount you can borrow interest-free each year.
Times, Sunday Times (2010)
In other languages
interest-free
British English: interest-free ADJECTIVE
An interest-free loan has no interest charged on it.