Tesco Clubcard Credit Card

mhuk01

Hello

I'm hoping someone can just clarify how this works: -

I've just got a tesco club card credit card to use for Stoozing (i.e. just paying off the minimum amount each month to keep within the interest free for 15 months offer).

It says minimum repayment is £25 or 1% of balance (whichever is greater). My question is what if my balance is less than £25? do i still have to pay £25 for the month regardless?

Thanks for your help.

Tixy

If the balance is less than £25 then you should only need to pay whatever balance is outstanding - though it doesn't actually state this in their terms.

mhuk01

ok thanks, thats what i thought - although it seems strange that the wording is 'whichever is greater'. It implies that even if i didn't use the card for a few months, I would still have a monthly amount to pay!