Do you pay interest on a BT fee of a 0% card?

11cas

Hi,

I was just wondering whether you pay interest on the balance transfer fee on a 0% balance transfer offer.

I'm currently offsetting the mortgage (at 3.79%) and one of my credit cards 0% purchase offers ends in Feb. I was going to try and apply for a 0% balance transfer card next year (hopefully one of the 15 month ones) but I was just wondering whether the balance transfer fee (around 3%) will increase with interest or will that also be on the 0% deal for the 15 months?

Thanks in advance for your advice.

izools

It depends on the card, some issuers charge interest on the fee, others don't.

Call them up and find out what your terms are regarding the fee.