Interest at end of 0% period

I've got a Santander card at the end of its 0% period. I was too slow to apply for a new balance transfer card, so this will arrive after the 0% deal ends. Will this mean I'm just paying interest for the few days interest before I can balance transfer to pay off the Santander card, or will Santander hit me with more?

Comments

  • You are correct -  you will pay the interest due on any outstanding debt until the date it paid off.
  • Nasqueron
    Nasqueron Posts: 10,518 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    I've got a Santander card at the end of its 0% period. I was too slow to apply for a new balance transfer card, so this will arrive after the 0% deal ends. Will this mean I'm just paying interest for the few days interest before I can balance transfer to pay off the Santander card, or will Santander hit me with more?
    Did you apply to do the BT during card application? 

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Nasqueron said:
    I've got a Santander card at the end of its 0% period. I was too slow to apply for a new balance transfer card, so this will arrive after the 0% deal ends. Will this mean I'm just paying interest for the few days interest before I can balance transfer to pay off the Santander card, or will Santander hit me with more?
    Did you apply to do the BT during card application? 
    No :( I thought the card would be there in time.

    I figure I'll give it a day or two more to arrive and, if not, I can pay just pay it off from savings. Halifax clarity still does money transfers for 0% fee?
  • surreysaver
    surreysaver Posts: 4,689 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Santander offered me a 0% balance transfer a month or so ago. The money was transferred the same day!
    Have you tried ringing them up to do the transfer? Or online?
    I consider myself to be a male feminist. Is that allowed?
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