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Quick question about interest free period
antonyg18
Posts: 8 Forumite
hi there, i have a virgin credit card with £6,623 on and one of my interest free period is coming to the end.
I have 3 different interest free periods on the same card, as you can see below.
0.00% £1,500.00 31/12/2017
0.00% £1,700.00 31/10/2017
0.00% £3,377.92 01/12/2016
So here is the question, if i do a balance transfer of £3,377.92, will that automatically clear the interest rate that will be ending on 01/12/2016?
Thank you!
I have 3 different interest free periods on the same card, as you can see below.
0.00% £1,500.00 31/12/2017
0.00% £1,700.00 31/10/2017
0.00% £3,377.92 01/12/2016
So here is the question, if i do a balance transfer of £3,377.92, will that automatically clear the interest rate that will be ending on 01/12/2016?
Thank you!
0
Comments
-
The payment allocation will be in your terms and conditions. Check in there to be sure. Not all lenders operate the same policy on promos running in parallel.0
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Its usually oldest offer first however check the T&Cs0
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You mean i have to actually read the T&Cs??.... Joke...
thank you.0 -
If it's an MBNA issued Virgin card your BT will go towards the 0% offer expiring first. If the card is issued by Virgin themselves then see section 11 of your T&Cs (according to the summary box on their website).0
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