Interest at end of 0% period

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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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  • retiredbanker1
    retiredbanker1 Posts: 339 Forumite
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    You are correct -  you will pay the interest due on any outstanding debt until the date it paid off.
  • Nasqueron
    Nasqueron Posts: 8,836 Forumite
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    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? 
  • letsbetfair
    letsbetfair Posts: 958 Forumite
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    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: 4,105 Forumite
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    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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