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balance transfer advice plzzz
nextyeartina
Posts: 756 Forumite
in Credit cards
i did a balance transfer from tesco to barclay card. it's interest free for 20 months. how do i work out my monthly payments? do they take out balance transfer fee on first statement? the first month seems pretty steep :eek:. it has no breakdown, just my minimum payment.
t, x
t, x
The £1,000 emergency fund challenge #163 - £536.16/£1000
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Comments
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Its usually always the minimum payment they take which is usually either £5 or 2.5%/5% of balance.0
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but do they take the bt fee out on the first statement :-s
t, xThe £1,000 emergency fund challenge #163 - £536.16/£10000 -
No, it's added to the balance then the min payment is taken out.nextyeartina wrote: »but do they take the bt fee out on the first statement :-sloose does not rhyme with choose but lose does and is the word you meant to write.0
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