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Quick question
MikeR71
Posts: 3,852 Forumite
in Credit cards
I have a Tesco credit card which I openned last November. The card had 9 months interesr free on transfers and 13 months free on new purchases. I transfered £600 at the time and so far have added another 1000 in new spending. In the meantime I have continued to make the minimum payments.
What I want to know is, which debt does the minimum payment come off? Does it come off the £600 balance transfer? or the £1000 I spend after getting the card.
This is important as I will have to pay the balance I transfered before the 9 months, else I will be charged interest. I have tried callig tesco CC. First they are very difficult to get through and the one time I got through last week the girl didn't know!!!! She said she will ask and get someone to contact me. No one did. I am very annoyed, hence the post here.
Any advice will be much appreciated. Thanks
What I want to know is, which debt does the minimum payment come off? Does it come off the £600 balance transfer? or the £1000 I spend after getting the card.
This is important as I will have to pay the balance I transfered before the 9 months, else I will be charged interest. I have tried callig tesco CC. First they are very difficult to get through and the one time I got through last week the girl didn't know!!!! She said she will ask and get someone to contact me. No one did. I am very annoyed, hence the post here.
Any advice will be much appreciated. Thanks
0
Comments
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From your summary box...If there is more than one item at the same rate we pay off the oldest one first.0
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