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Missed minimum payment on Sainsburys 0%, possible outcome?
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jm0221
Posts: 25 Forumite

in Credit cards
Hi,
I stupidly forgot to set a postit reminder to make the minimum payment on a sainsburys 0% card (up in February) with @3k on it. I think I'll miss it by 3-4 days. I don't have the T&C with me and wondered if anyone knows what its going to cost me, and if I'll still be on 0% or be flicked over to an obscene interest rate charge (in which case I'll close it and move on or pay it off).
Stupid me!
Thanks,
John
I stupidly forgot to set a postit reminder to make the minimum payment on a sainsburys 0% card (up in February) with @3k on it. I think I'll miss it by 3-4 days. I don't have the T&C with me and wondered if anyone knows what its going to cost me, and if I'll still be on 0% or be flicked over to an obscene interest rate charge (in which case I'll close it and move on or pay it off).
Stupid me!
Thanks,
John
0
Comments
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Have you phoned them?
I missed a payment on my Coop 0% credit card. I phoned them and explained, the very nice lady noted my file, and I didn't lose out at all.
But I remember reading a thread by someone else who had their 0% revoked for missing a payment.I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
Give them a bell, said it would probably cost one-off charge of £25 and won't affect the rate. Unfortunate just.
Thanks.
John0 -
Will they accept payment by debit card over the phone ? This method is instant.
J_B.0
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