0% almost up - I want to pay off balance

julliff

I have a Morgan Stanley card, with a 0% rate fixed until 13 July.

When must I pay off the balance by? Do I pay off by the "Payment must be received by" from the June statement, or is it literally the 13/07?

If I pay by 13/07/2006, do I need to also pay off transactions made since June Statement?

Sorry if I am being a bit dim!

Clariman

You are not being dim at all because it varies from lender to lender ! Check you Ts & Cs or call them up and ask them so that you can be 100% sure. From memory, with a Morgan Stanley card you have to pay it off by the end date of the offer, not the due date on the statement.

To be safe, I would pay off the full balance by 13th July, but call them to ask.

Clariman

Money-Saving-Monk

Pay it off in full mate before then! I think if I remember rightly. Better safe than sorry.

Im not too sure on the turn around but if you have a big balance you could always just about have enough time to transfer the balance to another 0% introductory credit card such as the Post Office card? No handling fee and get yourself another 6 months.

Hope that helps and good luck