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Credit card?
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Kail
Posts: 1 Newbie
in Credit cards
Hello,
just got a quick one. The thing I would like to know is if you get some money off your credit card, then obey all the conditions, lets say a 100 out, they will charge you 3% fee = 103 total. Pay back in 3 months (6 are so called free) and then what? I mean if you put it back into 0 does it starts all over again, or after 6 months from activating the card will always charge you 16.8 APR? Thank you!
Kail
just got a quick one. The thing I would like to know is if you get some money off your credit card, then obey all the conditions, lets say a 100 out, they will charge you 3% fee = 103 total. Pay back in 3 months (6 are so called free) and then what? I mean if you put it back into 0 does it starts all over again, or after 6 months from activating the card will always charge you 16.8 APR? Thank you!
Kail
0
Comments
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If you are talking about withdrawing cash from your credit card then you will be charged interest from the day you take the cash out, until it is repaid.
If the card you are looking at has 6months interest free on either purchases or balance transfers or both these won't include cash withdrawals.
These types of offers are just for the 6months (or whatever period) from the date you open the card, not perpetual offers.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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