Credit Card interest question

dera2005

Hello, After some quick advice. 

I did a Balance transfer about 18 months ago which is coming to and end in June but before payday. 

All in there is around £600 left to pay So i plan to pay £300 this month an the remainder at the end of June. 

However my BT 0% period ends on the 2nd of June. Before payday.  I was wondering would i charged interest on the remainder of whats owing or the full amount that was originally transferred.  

I have a BT offer with a different provider but want to avoid a BT 3% fee for such a small amount. 

Thoughts please.

DullGreyGuy

You will be charged interest calculated daily on the balance each day from as soon as the 0% ends... its not like the old store offers where if you didnt pay it off in the initial period that interest is backdated for the whole agreement term. 

dera2005

Thanks for that in that case I will have it paid in full within 22 days after the 0% ends. So i will just let it expire. seems it would be cheaper.