Payment in time

sjh101

Hi

This is a follow up to my previous question really.

My current 0% deal ends on 4th jan and have arranged for balance transfer credit card to take over. The latest is that I received my pin for the new BT card in the post on Tuesday. I haven't received anything else yet.

I have found out that they close on 25th and 26th dec and 1st and 2nd of jan. (The company of new card)

I'm hoping it comes soon so I can transfer balance ASAP.

QUESTIONS

- IS THERE A QUICKER WAY OF PAYMENT IE OVER THE PHONE INSTEAD OF ONLINE?

- I THINK THE APR IS 18.5% AFTER THE 0% FINISHES SO IF I WERE TO MISS THE 4TH JAN TRANSFER DEADLINE, WHAT IS THEWORST THAT COULD HAPPEN BEARING IN MIND THERE IS £750 ON CURRENT CARD. AM I LOOKING AT PAYING AROUND £130?

- IS IT POSSIBLE TO RING NEW BT CARD COMPANY AND ASK FOR ONLINE LOG ON DEATAILS NOW EVEN THOUGH MY CARD HASNT COME YET........TO SET UP ONLINE BANKING.

Thanks

[Deleted User]

sjh101 wrote: »

- I THINK THE APR IS 18.5% AFTER THE 0% FINISHES SO IF I WERE TO MISS THE 4TH JAN TRANSFER DEADLINE, WHAT IS THEWORST THAT COULD HAPPEN BEARING IN MIND THERE IS £750 ON CURRENT CARD. AM I LOOKING AT PAYING AROUND £130?

Only if you leave it there for a year. Otherwise, the interest wil be pence per day.

Why not phone up today and do the BT, if you've already been accepted?

CLAPTON

sjh101 wrote: »

Hi

This is a follow up to my previous question really.

My current 0% deal ends on 4th jan and have arranged for balance transfer credit card to take over. The latest is that I received my pin for the new BT card in the post on Tuesday. I haven't received anything else yet.

I have found out that they close on 25th and 26th dec and 1st and 2nd of jan. (The company of new card)

I'm hoping it comes soon so I can transfer balance ASAP.

QUESTIONS

- IS THERE A QUICKER WAY OF PAYMENT IE OVER THE PHONE INSTEAD OF ONLINE?

- I THINK THE APR IS 18.5% AFTER THE 0% FINISHES SO IF I WERE TO MISS THE 4TH JAN TRANSFER DEADLINE, WHAT IS THEWORST THAT COULD HAPPEN BEARING IN MIND THERE IS £750 ON CURRENT CARD. AM I LOOKING AT PAYING AROUND £130?

- IS IT POSSIBLE TO RING NEW BT CARD COMPANY AND ASK FOR ONLINE LOG ON DEATAILS NOW EVEN THOUGH MY CARD HASNT COME YET........TO SET UP ONLINE BANKING.

Thanks

18.5% is an annual rate (hence APR) so the daily interest would be something like 750 x 18.5% /365 per day i.e. 38 pence per day; so for a month that would be about £11