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Interest at end of 0% period
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letsbetfair
Posts: 961 Forumite
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?
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You are correct - you will pay the interest due on any outstanding debt until the date it paid off.1
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Did you apply to do the BT during card application?letsbetfair 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?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.
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NoNasqueron said:
Did you apply to do the BT during card application?letsbetfair 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?
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?0 -
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?0
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