We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Advice please

BoGoF
BoGoF Posts: 7,098 Forumite
Part of the Furniture 1,000 Posts Name Dropper
I have a couple of 0% deals coming to an end soon, I have the money to clear the balance but want to make sure I don't get stung for any interest.

So if my 0% deal expires on 14/11/09 I take it that means interest will start accruing from the following day and I therefore have to clear the full balance by my next statement date ?

Silly question probably but just want to be 100% sure

Comments

  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    May I ask which credit cards are involved?
    Also, whether 0% on BTs or purchases?
    People who don't know their rights, don't actually have those rights.
  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    One with Capital One, the other Tesco.

    They were both balance transfers
  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    BoGoF wrote: »
    One with Capital One, the other Tesco.
    They were both balance transfers
    When a 0% on balance transfers promotion is about to end, you should pay off the full balance, leaving time for your payment to clear before the expiry date, in this case
    14 November 2009.
    People who don't know their rights, don't actually have those rights.
  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks, just as I thought......was hoping I might be able to hold onto the money for one more month :beer:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.