We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
0% purchases question

al4x
Posts: 79 Forumite


in Credit cards
just to get this straight in my head, first cc
my first cc has 0% on purchases till 04/2010 does this mean i can make the minimum payment on my card until then and use up to my credit limit?
so the cc company is lending me 1000 [limit] for 9 months?
this is just to make sure i dony make an error
my first cc has 0% on purchases till 04/2010 does this mean i can make the minimum payment on my card until then and use up to my credit limit?
so the cc company is lending me 1000 [limit] for 9 months?
this is just to make sure i dony make an error
0
Comments
-
Basically yes, but you have to be aware of the interest payments you'll have to pay on a maxed out card once the interest free period runs out.
Also be aware that if you're at your limit come the end of your period and you still only pay the minimum, the interest charge may take you over the limit and you could incur further charges.Dave. :wave:0 -
thanks, i wont max it out, was just making sure thats the principle,
plus ill keep enough in my debit card account to cover it always
thanks given,0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards