0% Credit Card Ending soon when do i pay it off

Thrifty_2

Hi,

I have a 0% credit card introduction end date 12/09/08 on purchases, I fully understand not to spend on this card after this date.

My concern is I have just paid a minimum payment “To reach us by” 30/07/08 will that mean when my next bill arrives for payment on or around 30/08/08 I pay it off in full which would be before 12/09/08 or do I pay it off in full on or around 30/09/08.

Obviously don’t want to be paying late and incurring high interest charges,

Thanks in advance.

NickX

Thrifty wrote: »

when my next bill arrives for payment on or around 30/08/08 I pay it off in full which would be before 12/09/08 or do I pay it off in full on or around 30/09/08

You need to pay off in full before 12/09/2008 to avoid paying any interest.

Hope this helps.

Richard019

NickX wrote: »

You need to pay off in full before 12/09/2008 to avoid paying any interest.

Hope this helps.

Which effectively means you want to do it on or before 05/09/2008 to allow the money to clear. Unlike a direct debit payment it's not applied instantly in most cases. Given the shortage in the difference between the two dates you're as well to set the August DD to pay in full.