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spending 0 % balance transfers

Hi, could anyone please help me. I have just got a new credit card and transfered balance onto it for the 0%. If i now use this card aswell do i then get charged interest on the balance i have transferred?
Thanks Matt

Comments

  • redpete
    redpete Posts: 4,738 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No, but check in what order payments are applied. Some cards have changed so that the payment is put against the highest rate of interest (e.g. new spending) but others still put it against the lowest (e.g. 0% BT, so you'll keep paying interest on spending until everything is paid off).
    loose does not rhyme with choose but lose does and is the word you meant to write.
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