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mish
Posts: 28 Forumite
unknown....
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If you're using it for a BT then the minimum repayment is 2% or £5 whichever is greater.
Once you do a BT you shouldn't use it for any purchases so you'll not have a revolving balance (i.e. interest bearing purchase balance).
(i) You won't have any interest during the promotional period
(ii) You won't have you a revolving balance
(iii) You won't have any card repayment insurance (I wouldn't)
(iv) You won't have any fees for non payment because you'll have a DD setup for the minimum repayment or otherwise be completely on the ball
So unless you BT £250 or less, the minimum repayment will be 2%."A child of five could understand this. Fetch me a child of five." - Groucho Marx0
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