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texaco card charge?
astreet3
Posts: 59 Forumite
in Credit cards
Hi,
About 8 months ago I took out a Texaco card and transferred around £3000 to take advantage of the 0% interest for life of balance. However I appear to be getting charged for:
"BALANCE TRANSFER - OUTSTANDING BALANCE: xxxx.xx FINANCE CHARGE"
every month! I thought the balance transfer charge was a one off when you first make the transfer, not something charged monthly.
I guess I made a mistake in not reading all the small print.
Can anyone tell me if I'd be better off paying this off with a low interst loan?
Thanks
Andy
About 8 months ago I took out a Texaco card and transferred around £3000 to take advantage of the 0% interest for life of balance. However I appear to be getting charged for:
"BALANCE TRANSFER - OUTSTANDING BALANCE: xxxx.xx FINANCE CHARGE"
every month! I thought the balance transfer charge was a one off when you first make the transfer, not something charged monthly.
I guess I made a mistake in not reading all the small print.
Can anyone tell me if I'd be better off paying this off with a low interst loan?
Thanks
Andy
0
Comments
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Wasn't it 2.9% LOB? I don't think anyone apart from Barclaycard has done a 0% offer, and that depended on you making a (small) purchase each month.0
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