transfer balance offer ends & new transfer

Emily_Joy
Emily_Joy Posts: 1,468 Forumite
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The BT offer (Sainsbury's bank) is coming to an end in the end of June, the DD date is mid-month. I am wondering when do I start paying interest on the existing balance? Should I clear the balance (or do another transfer) in June (before the offer ends) or in July (immediately afterwards)?

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Always err on the side of caution.
  • CRISPIANNE3
    CRISPIANNE3 Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 15 May 2020 at 12:31PM
    Emily_Joy said:
    The BT offer (Sainsbury's bank) is coming to an end in the end of June, the DD date is mid-month. I am wondering when do I start paying interest on the existing balance? Should I clear the balance (or do another transfer) in June (before the offer ends) or in July (immediately afterwards)?
    If anything like lloyds credit card statements it will say when the date of the promo rate finishes. 
  • maxximus75
    maxximus75 Posts: 616 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    If you can afford to clear the balance, in full then do that.

    If not, try for another balance transfer card but remember to do this at least a few weeks before your current promo rate expires to be on the safe side.
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