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Debt

btonyb321
Posts: 4 Newbie
in Credit cards
I owe £2500.00 which I transferred to Barclaycard. I wish to make another purchase of around three grand. The man said that Barclaycard would give me a special rate of 2/9 I think. I was left with the impression that that would be for the whole lot on the card. I thought what happened to the 22 months interest free for the first
£ 2500.00. Can someone educate me please.:eek:
£ 2500.00. Can someone educate me please.:eek:
0
Comments
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special rate of 2/9 I think.
Did you mean 2.9%?
If so it sounds like you got a special rate for purchases and it seems unlikely they would interfere with your existing 0% balance. In this case, payments you make would reduce the 2.9% balance first.
But to be sure you need to clarify:
1) that the 2.9% is just for new purchases and not the existing balance
2) how long you have to make your purchase
3) how long the 2.9% rate lasts
I don't think anyone else here can guess. It would be best to call them back and check.0
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