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intrest free ending !!!
Jonathan1985
Posts: 64 Forumite
in Credit cards
Hello all – In December I will be running to the end of my Interest free Period on my M&S card. I will have approx 1000 left. The interest 15.9% APR variable. Just wondering how much interest this will mean per month approx ?
0
Comments
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1,000 x 15.9%(per annum) /12 (months ) is about £13.25 per month approximately0
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Therefore approx 4-6 weeks before the expiration find yourself another 0% card and BT to it. Applications can sometimes take longer in the run up to Xmas due demand. It will probably cost you £30 approx, but that could be a whole lot less than paying further interest.
It will all depend on how soon you want to/can pay the £1K back.0
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