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Balance Transfer Allocation Of Fees
matt83uk
Posts: 79 Forumite
in Credit cards
I did a balance transfer with BarclaysCard OnePulse of 3k to another card, got my first statement today which shows £3075 (inc fee) and asking for a minimum payment of £69.00. Not an issue, but I'm wondering, is interested charged on the fee, do payment go to fee first?
So if I pay £75 off this month all future minimum payments will be on an interest free basis? If Only pay £69 I'll be paying interest on £6, obviously minimum payment of full balance will cause the monthly amounts but just trying to make sure not paying interest where unecessary.
So if I pay £75 off this month all future minimum payments will be on an interest free basis? If Only pay £69 I'll be paying interest on £6, obviously minimum payment of full balance will cause the monthly amounts but just trying to make sure not paying interest where unecessary.
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