Question on BT end timing

th081

I have a balance transfer coming to a end on the 20th Dec. My statement is created on the 17th, does that mean that if I pay the amount o/s by the 17th Dec statement due date in early Jan, I will pay no interest even though the BT finished on the 20th Dec?

molerat

No, interest will be charged from 20th. 

Jami74

Make sure it is paid and cleared by 20th Dec to avoid interest.

fergie_

It varies between lenders. Best to check your statements, the T&Cs or ask them. Virgin for example allow up to the next statement date after the period has ended.

th081

Ok thanks all. Will clear by 20th just in case. 

Nasqueron

The statement will normally tell you when the offer ends after which point you'd be charged regardless of statement due date. The statement is simply the normal process they have to follow - check terms but I always work on the basis the 0% ends the last day of the offer as they are sold as "0% on balance transfers until (say) 1/11/26" and usually indicate you will be charged interest once that ends