Interest at end of 0% period
Options
letsbetfair
Posts: 958 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?
0
Comments
-
You are correct - you will pay the interest due on any outstanding debt until the date it paid off.1
-
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?0
-
Nasqueron said: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 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
Categories
- All Categories
- 343.3K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608.1K Mortgages, Homes & Bills
- 173.1K Life & Family
- 248K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards