Lloyds TSB Gold card advice

toontastic

I currently have the above card and it has aprox 3-4 months left at 0% on balance transfers which is the reason I've been using it. I was sent a letter however from them 2 days ago now which says that I now am able to have 0% on spending until September this year. Now this would be perfect for me next month as I'm going on holiday and I needed extra cash next month but I could easily pay it off in August and probably have no more debt on that CC.

I am however wondering whether to do it for the simple reason Martin always says never spend on a 0% balance transfer card as they will then charge you interest on that. However as my purchases are 0% now as well as my balance transfers am I ok to spend on the card ?

jonesMUFCforever

I would say no.
I think that any repayments would come off the purchases first leaving you to pay interest on your remaining balance transfer. I might be wrong though!

toontastic

Sorry I forgot I even made this post I understand that this is the normal problem that repayments will come off purchases first however seen as payments are 0% and balance transfers are 0% then I pay no interest at all is that not right ?

Basically I need a little extra cash in July which I can pay back in August and both 0% deals end in September when I'll have nothing on the card anyway.