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End of 0% rate with Sainsbury's
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andybirch
Posts: 82 Forumite
in Credit cards
A bit premature I know, but my intro rate ends on 05/05/06 (according to my statement). Will this mean I will get charged interest on the May Statement (prob dated 06/05) or will it start from the June statement if not fully cleared?
Also, I've a couple of cards to cancel - Barclaycard and Skycard. What deals have people been getting with these to try and make them stay. I've had my Barclaycard for about 15 years.
Cheers,
Andy.
Also, I've a couple of cards to cancel - Barclaycard and Skycard. What deals have people been getting with these to try and make them stay. I've had my Barclaycard for about 15 years.
Cheers,
Andy.
0
Comments
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No - if your intro rate ends on 05/05/06 - then you will be charged interest from that date.
They won't wait for your statement to start charging you - although they will wait to apply the interest charge.
M.0 -
It means that if you have not paid off in full by 05/05/06 then you will start getting charged interest from that date but you will probably not see it itemised until June.0
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