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0% Credit Card

Hi,

I'm a bit unsure about something and would appreciate some help...

If I buy something on a credit card that offers 0% interest for 12 months, do I need to make monthly repayments, or can I just pay the sum off before the 12 months is up?

Comments

  • Kavanne
    Kavanne Posts: 5,093 Forumite
    You need to make the specified minimum monthly repayment each month or you will lose your 0% offer
    Kavanne
    Nuns! Nuns! Reverse!

    'I do my job, do you do yours?'

  • td_007
    td_007 Posts: 1,212 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You have to pay the min payment each month and clear the balance before the 12 months are up. Set up a direct debit to avoid any missed payment that could result in loss of the 0% deal.
  • MOTO
    MOTO Posts: 6 Forumite
    Thanks for your help!
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