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Interest rate query
 
            
                
                    vix2000                
                
                    Posts: 1,129 Forumite
         
             
         
         
             
         
         
             
                         
            
                         
         
         
             
         
         
            
                
                                    
                                  in Credit cards             
            
                    Hi. Can anyone tell me what the monthly interest cost would be per £1000 with a rate of 8.94% p.a. please?                
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            Comments
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            Around £7.45 for the first month, obviously that amount will decrease as the payments are made to the card.0
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