Balance transfer/interest question.

stephenoh

Last year I transferred my entire balance to Virgin Mastercard (about £1200) and paid the entire balance off last month. The interest free period ends in September. Now, what I want to know is if I now use the card to make a purchase, and that new balance has not been fully paid off by the time the interest free period expires, do I have to pay interest on the entire balance that I transferred, even though it was entirely payed off, or would I just pay interest on the new balance? I'm puzzled about all this, and naturally don't want to pay any interest unnecessarily. Thanks.
Stephen

Phantom_Flan_Flinger

You will only pay interest on any outstanding balance.