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0% on purchases term clarifcation
snagglepuss16
Posts: 534 Forumite
in Credit cards
Hi,just after a bit if clarification. If I get a card that says 0% on purchases for say 18 months, does that mean any purchase with an 17/18 month period will not incurr interest? Obv up until promo period ends
let he without sin cast the first stone
0
Comments
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Not necessarily. Sometime the qualifying period is not the same as the promo period. You need to check the t&cs of the card in question.0
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Its tesco clubcard onelet he without sin cast the first stone0
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I believe that one has 18 months for both qualifying and promo periods.0
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There are at least three different clubcard credit cards on offer - if it's the 18 month 0% on purchases one, then as long as you make the minimum payment every month, and keep to all the other terms, there will be no interest charged provided you pay off the full balance before the end of 18 months.
All the information is here: http://www.tescobank.com/assets/sections/credit-cards/pdf/tesco-bank-cc-pur-summary-box.pdfWe need the earth for food, water, and shelter.
The earth needs us for nothing.
The earth does not belong to us.
We belong to the Earth0
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