I think i might have done something stupid

pmartin86

Hi there

I might ahve just done something rather stupid and costly!

I got a 0% balance transfer barclaycard about a month ago, and transfered aprox £1,000 balance to it, no problems. However, it also had 3 months 0% on purchases, whihc today I used to buy fuel as my pay is late and I thought I was being savy by avoiding a days overdraft fees, however It has since dawned on me that the interest free thing usualy doesnt work if you make a purchase on a BT card and don't clear the full balance. Will i now pay interest when the 3 months expires? Or will I be ok if I pay off at least the £60 i just charged to it before the end of the promo period?

Regards
Paul

pink_pirlie

Balances are paid off in a particular order. You will need to check your T&Cs.

I had one with both BT and purchase 0% offers and I made a purchas of a large white good for the s75 protection. So long as I paid the amount of the purchases off before the date the offer ended I paid no interest, as the transactions with the offer which ended 1st were paid off 1st.

If this is the case with yours ensure you don't make the full payment until after you get the statement with the transactions showing, else you will be paying off the BT not the purchases - but don't forget to keep paying at least the minimum.

pmartin86

Thanks for your input, with it being a Barclaycard will I be able to sort it in a Barclays branch or am I going to ahve to do it over the phone? As i said, theres 2 months left on the Purchases and I pay £100 a month DD to the card so assuming it does pay off the purchases first, I shouldn't have to do anything else, right?

Regards
Paul